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6Mar 5, 2026·SEC
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Quantum Computing, Inc. (QUBT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Quantum Computing, Inc. (QUBT) stock price & volume — 10-year historical chart
Quantum Computing, Inc. (QUBT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Quantum Computing, Inc. (QUBT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 2, 2026 | $0.04vs $0.04+0.0% | $198,000vs $393,600-49.7% |
| Q4 2025 | Nov 14, 2025 | $0.05vs $0.06+11.8% | $384,000vs $116,667+229.1% |
| Q3 2025 | Aug 14, 2025 | $0.06vs $0.06+0.0% | $61,000vs $200,000-69.5% |
| Q2 2025 | May 15, 2025 | $0.04vs $0.07+42.9% | $39,000vs $100,000-61.0% |
Quantum Computing, Inc. (QUBT) competitors in Advanced Computing and Mining Hardware — business model, growth, and fundamentals comparison
Quantum Computing, Inc. (QUBT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Quantum Computing, Inc. (QUBT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 136K | 358K | 373K | 682K |
| Revenue Growth % | -100% | - | - | - | - | - | 163.24% | 4.19% | 82.84% |
| Cost of Goods Sold | 0 | 117 | 2.64K | 6.61K | 9K | 1.92M | 3.5M | 4.06M | 615K |
| COGS % of Revenue | - | - | - | - | - | 1414.71% | 978.49% | 1088.2% | 90.18% |
| Gross Profit | 0▲ 0% | -117▲ 0% | -2.64K▼ 2156.4% | -6.61K▼ 150.5% | -9K▼ 36.1% | -1.79M▼ 19771.1% | -3.15M▼ 75.9% | -3.69M▼ 17.2% | 67K▲ 101.8% |
| Gross Margin % | - | - | - | - | - | -1314.71% | -878.49% | -988.2% | 9.82% |
| Gross Profit Growth % | -100% | - | -2156.41% | -150.49% | -36.07% | -19771.08% | -75.89% | -17.2% | 101.82% |
| Operating Expenses | 175K | 5.8M | 2.55M | 17.34M | 17.12M | 26.86M | 23.1M | 22.25M | 51.14M |
| OpEx % of Revenue | - | - | - | - | - | 19747.79% | 6451.96% | 5965.42% | 7499.12% |
| Selling, General & Admin | 175K | 5.55M | 1.65M | 15.8M | 14.54M | 21.64M | 14.21M | 14.73M | 30.67M |
| SG&A % of Revenue | - | - | - | - | - | 15912.5% | 3968.44% | 3949.33% | 4497.21% |
| Research & Development | 0 | 250.64K | 891.13K | 1.54M | 2.59M | 5.22M | 8.89M | 11.32M | 20.47M |
| R&D % of Revenue | - | - | - | - | - | 3835.29% | 2483.52% | 3034.32% | 3001.91% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.8M | 0 |
| Operating Income | -175K▲ 0% | -5.8M▼ 3213.7% | -2.55M▲ 56.1% | -17.34M▼ 580.7% | -17.13M▲ 1.2% | -28.64M▼ 67.2% | -26.24M▲ 8.4% | -25.94M▲ 1.2% | -51.08M▼ 96.9% |
| Operating Margin % | - | - | - | - | - | -21062.5% | -7330.45% | -6953.62% | -7489.3% |
| Operating Income Growth % | -5177.44% | -3213.69% | 56.07% | -580.74% | 1.23% | -67.22% | 8.39% | 1.17% | -96.93% |
| EBITDA | -175K | -5.8M | -2.55M | -17.34M | -17.12M | -26.78M | -22.94M | -22.14M | -46.13M |
| EBITDA Margin % | - | - | - | - | - | -19692.65% | -6406.7% | -5935.39% | -6764.52% |
| EBITDA Growth % | -119963.01% | -3213.62% | 56.11% | -581.19% | 1.24% | -56.43% | 14.36% | 3.47% | -108.38% |
| D&A (Non-Cash Add-back) | 0 | 117 | 2.64K | 6.61K | 9K | 1.86M | 3.31M | 3.8M | 4.94M |
| EBIT | -175K | -6.42M | -2.54M | -18.73M | -27.62M | -25.21M | -25.42M | -66.05M | -18.61M |
| Net Interest Income | 0 | -4.08M | -5.83M | -6.01M | -271.33K | -725K | -1.31M | -2.07M | -65K |
| Interest Income | 0 | 0 | 8.81K | 27 | 7.38K | 47K | 295K | 423K | 0 |
| Interest Expense | 0 | 4.08M | 5.84M | 6.01M | 278.7K | 772K | 1.6M | 2.5M | 65K |
| Other Income/Expense | 0 | -4.71M | -5.83M | -7.39M | -10.77M | 2.67M | -779K | -42.6M | 32.4M |
| Pretax Income | -175K▲ 0% | -10.51M▼ 5904.1% | -8.38M▲ 20.2% | -24.73M▼ 195.1% | -27.9M▼ 12.8% | -25.98M▲ 6.9% | -27.02M▼ 4.0% | -68.54M▼ 153.7% | -18.67M▲ 72.8% |
| Pretax Margin % | - | - | - | - | - | -19101.47% | -7548.04% | -18375.87% | -2738.12% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -175K▲ 0% | -10.51M▼ 5904.1% | -8.38M▲ 20.2% | -24.73M▼ 195.1% | -27.9M▼ 12.8% | -25.98M▲ 6.9% | -27.02M▼ 4.0% | -68.54M▼ 153.7% | -18.67M▲ 72.8% |
| Net Margin % | - | - | - | - | - | -19101.47% | -7548.04% | -18375.87% | -2738.12% |
| Net Income Growth % | -178.92% | -5904.05% | 20.23% | -195.12% | -12.79% | 6.88% | -4.02% | -153.65% | 72.76% |
| Net Income (Continuing) | -175K | -10.51M | -8.38M | -24.73M | -27.9M | -25.98M | -27.02M | -68.54M | -18.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.19▲ 0% | -2.22▼ 1068.4% | -1.14▲ 48.6% | -0.88▲ 22.8% | -0.96▼ 9.1% | -0.48▲ 50.0% | -0.42▲ 12.5% | -0.73▼ 73.8% | -0.11▲ 84.9% |
| EPS Growth % | -130.16% | -1068.42% | 48.65% | 22.81% | -9.09% | 50% | 12.5% | -73.81% | 84.93% |
| EPS (Basic) | -0.19 | -2.22 | -1.14 | -0.88 | -0.96 | -0.48 | -0.42 | -0.73 | -0.11 |
| Diluted Shares Outstanding | 943.74K | 4.72M | 7.36M | 27.97M | 29.16M | 55.96M | 66.61M | 93.88M | 164.49M |
| Basic Shares Outstanding | 943.74K | 4.72M | 7.36M | 27.97M | 29.16M | 55.96M | 66.61M | 93.88M | 164.49M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Quantum Computing, Inc. (QUBT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 0 | 1.79M | 122.65K | 15.24M | 17.22M | 5.45M | 2.66M | 79.15M | 1.13B |
| Cash & Short-Term Investments | 0 | 1.77M | 101.1K | 15.2M | 16.74M | 5.31M | 2.06M | 78.94M | 1.12B |
| Cash Only | 0 | 1.77M | 101.1K | 15.2M | 16.74M | 5.31M | 2.06M | 78.94M | 737.88M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 379.42M |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 13K | 344K | 27K | 5.07M |
| Days Sales Outstanding | - | - | - | - | - | 34.89 | 350.73 | 26.42 | 2.71K |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 73K | 18K | 352K |
| Days Inventory Outstanding | - | - | - | - | - | - | 7.61 | 1.62 | 208.91 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | -95.3K | 41.54K | 161K | 11M |
| Total Non-Current Assets | 0 | 106.9K | 25.6K | 30.96K | 62.54K | 73.06M | 71.7M | 74.41M | 485.2M |
| Property, Plant & Equipment | 0 | 6.9K | 25.6K | 30.96K | 59.43K | 2.25M | 3.92M | 9.73M | 15.32M |
| Fixed Asset Turnover | - | - | - | - | - | 0.06x | 0.09x | 0.04x | 0.04x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 55.57M | 55.57M | 55.57M | 55.57M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 15.18M | 12.08M | 8.97M | 6.5M |
| Long-Term Investments | 0 | 100K | 100K | 0 | 0 | 0 | 0 | 0 | 403.12M |
| Other Non-Current Assets | 0 | 0 | -100K | 0 | 3.11K | 60K | 129K | 129K | 4.68M |
| Total Assets | 0▲ 0% | 1.9M▲ 0% | 148.25K▼ 92.2% | 15.27M▲ 10199.2% | 17.28M▲ 13.2% | 78.51M▲ 354.2% | 74.36M▼ 5.3% | 153.56M▲ 106.5% | 1.62B▲ 954.3% |
| Asset Turnover | - | - | - | - | - | 0.00x | 0.00x | 0.00x | 0.00x |
| Asset Growth % | -100% | - | -92.19% | 10199.2% | 13.21% | 354.24% | -5.29% | 106.52% | 954.27% |
| Total Current Liabilities | 1.5K | 3.31M | 2.96M | 693.21K | 1.08M | 4.59M | 4.81M | 4.56M | 11.07M |
| Accounts Payable | 1.5K | 54.02K | 218.26K | 366.71K | 464.87K | 872K | 1.46M | 1.37M | 778K |
| Days Payables Outstanding | - | 168.52K | 30.18K | 20.24K | 18.86K | 165.43 | 152.34 | 123.38 | 461.74 |
| Short-Term Debt | 0 | 3.17M | 1.61M | 218.37K | 0 | 535.68K | 1.93M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 152.55K | 0 | 0 | 0 | 458K | 79K | 395K |
| Other Current Liabilities | 0 | 0 | 828.18K | 0 | 3.38K | -1.13M | 314K | 974K | 9.9M |
| Current Ratio | - | 0.54x | 0.04x | 21.98x | 15.91x | 1.19x | 0.55x | 17.36x | 102.38x |
| Quick Ratio | - | 0.54x | 0.04x | 21.98x | 15.91x | 1.19x | 0.54x | 17.36x | 102.34x |
| Cash Conversion Cycle | - | - | - | - | - | - | 206 | -95.34 | 2.46K |
| Total Non-Current Liabilities | 0 | 3.26B | 2.74B | 326.5M | 0 | 8.79M | 840K | 41.71M | 9.58M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 7.19M | 0 | 0 | 1.81M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 1.08M | 840K | 1.18M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 3.26B | 2.74B | 326.5M | 0 | 528K | 0 | 40.53M | 7.77M |
| Total Liabilities | 1.5K | 3.31M | 2.96M | 693.21K | 1.08M | 13.39M | 5.65M | 46.27M | 20.66M |
| Total Debt | 0 | 3.17M | 1.61M | 218.37K | 18.08K | 10.16M | 2.77M | 1.18M | 1.81M |
| Net Debt | 0 | 1.4M | 1.51M | -14.98M | -16.72M | 4.85M | 706K | -77.76M | -736.07M |
| Debt / Equity | - | - | - | 0.01x | 0.00x | 0.16x | 0.04x | 0.01x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | -1.42x | -0.44x | -2.89x | -61.46x | -37.10x | -16.38x | -10.39x | -785.80x |
| Total Equity | -1.5K▲ 0% | -1.42M▼ 94363.1% | -2.81M▼ 98.5% | 14.57M▲ 618.3% | 16.2M▲ 11.2% | 65.12M▲ 302.0% | 68.7M▲ 5.5% | 107.29M▲ 56.2% | 1.6B▲ 1389.7% |
| Equity Growth % | 99.75% | -94363.07% | -98.48% | 618.25% | 11.16% | 301.95% | 5.5% | 56.16% | 1389.71% |
| Book Value per Share | -0.00 | -0.30 | -0.38 | 0.52 | 0.56 | 1.16 | 1.03 | 1.14 | 9.72 |
| Total Shareholders' Equity | -1.5K | -1.52M | -2.81M | 14.57M | 16.2M | 65.12M | 68.7M | 107.29M | 1.6B |
| Common Stock | 94 | 472 | 736 | 2.8K | 2.92K | 6K | 8K | 13K | 22K |
| Retained Earnings | -9.87M | -20.38M | -28.76M | -53.5M | -81.39M | -104.06M | -131.94M | -200.48M | -219.16M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 7.93M | 0 | 20.32M | 0 | 0 | 0 | 0 | 905K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quantum Computing, Inc. (QUBT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 0 | -2.36M | -2.24M | -11.54M | -6.82M | -15.38M | -18.32M | -16.21M | -30.29M |
| Operating CF Margin % | - | - | - | - | - | -11307.35% | -5115.92% | -4346.65% | -4441.94% |
| Operating CF Growth % | -100% | - | 4.95% | -414.36% | 40.88% | -125.38% | -19.1% | 11.48% | -86.85% |
| Net Income | -175K | -10.51M | -8.38M | -24.73M | -27.9M | -25.98M | -27.02M | -68.54M | -18.67M |
| Depreciation & Amortization | 0 | 4M | 2.64K | 6.61K | 9K | 1.86M | 3.31M | 3.8M | 4.94M |
| Stock-Based Compensation | 0 | 4.18M | 214.87K | 11.18M | 10.2M | 11.67M | 4.55M | 5.8M | 8.66M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 173.5K | -150.01K | 5.69M | 1.93M | 10.72M | -2.77M | 681K | 42.21M | -25.22M |
| Working Capital Changes | 1.5K | 118.92K | 228.84K | 84.8K | 147.15K | -169K | 164K | 518K | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | -13K | -52.23K | 38K | -492K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | -70.48K | 55K | -334K |
| Change in Payables | 0 | 52.52K | 164.24K | 148.44K | 98.16K | 219K | 582.85K | -90K | -594K |
| Cash from Investing | 0 | -7.01K | -21.34K | -11.97K | -22.5K | -2.23M | -2.61M | -6.04M | -788.33M |
| Capital Expenditures | 0 | -7.01K | -21.34K | -11.97K | -19.39K | -870K | -2.11M | -6.04M | -6.69M |
| CapEx % of Revenue | - | - | - | - | - | 639.71% | 589.94% | 1618.23% | 980.94% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -1.36M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | -3.11K | 0 | -500K | 0 | -7K |
| Cash from Financing | 0 | 4.13M | 599.04K | 26.65M | 8.39M | 6.17M | 17.68M | 99.14M | 1.48B |
| Debt Issued (Net) | 0 | 3.07M | -1.56M | -1.39M | -218.37K | 6.96M | -6.19M | -3.32M | 0 |
| Equity Issued (Net) | 0 | 1000K | 1000K | 1000K | 1000K | 47.72K | 1000K | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | -787K | -865K | -215K | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 100K | 0 | -47.72K | 0 | 0 | 1.48B |
| Net Change in Cash | 0▲ 0% | 1.77M▲ 0% | -1.67M▼ 194.3% | 15.1M▲ 1006.1% | 1.54M▼ 89.8% | -11.43M▼ 841.1% | -3.25M▲ 71.6% | 76.89M▲ 2466.5% | 658.93M▲ 757.0% |
| Free Cash Flow | 0▲ 0% | -2.37M▲ 0% | -2.27M▲ 4.3% | -11.55M▼ 410.0% | -6.82M▲ 40.9% | -16.25M▼ 138.1% | -20.43M▼ 25.7% | -22.25M▼ 8.9% | -36.98M▼ 66.2% |
| FCF Margin % | - | - | - | - | - | -11947.06% | -5705.87% | -5964.88% | -5422.87% |
| FCF Growth % | -100% | - | 4.33% | -410.04% | 40.93% | -138.09% | -25.72% | -8.92% | -66.23% |
| FCF per Share | - | -0.50 | -0.31 | -0.41 | -0.23 | -0.29 | -0.31 | -0.24 | -0.22 |
| FCF Conversion (FCF/Net Income) | - | 0.22x | 0.27x | 0.47x | 0.24x | 0.59x | 0.68x | 0.24x | 1.62x |
| Interest Paid | 0 | 0 | 0 | 1.47M | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quantum Computing, Inc. (QUBT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | - | -420.56% | -181.3% | -63.89% | -40.38% | -77.89% | -2.19% |
| Return on Invested Capital (ROIC) | - | - | - | - | - | - | -61.86% | -28.24% | -39.33% | -8.59% |
| Gross Margin | 33.72% | - | - | - | - | - | -1314.71% | -878.49% | -988.2% | 9.82% |
| Net Margin | 6.59% | - | - | - | - | - | -19101.47% | -7548.04% | -18375.87% | -2738.12% |
| Debt / Equity | - | - | - | - | 0.01x | 0.00x | 0.16x | 0.04x | 0.01x | 0.00x |
| Interest Coverage | -0.10x | - | -1.42x | -0.44x | -2.89x | -61.46x | -37.10x | -16.38x | -10.39x | -785.80x |
| FCF Conversion | 1.62x | - | 0.22x | 0.27x | 0.47x | 0.24x | 0.59x | 0.68x | 0.24x | 1.62x |
| Revenue Growth | -3.26% | -100% | - | - | - | - | - | 163.24% | 4.19% | 82.84% |
Quantum Computing, Inc. (QUBT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 5, 2026·SEC
Mar 2, 2026·SEC
Feb 3, 2026·SEC
Quantum Computing, Inc. (QUBT) stock FAQ — growth, dividends, profitability & financials explained
Quantum Computing, Inc. (QUBT) reported $0.7M in revenue for fiscal year 2025. This represents a 82% decrease from $3.9M in 2010.
Quantum Computing, Inc. (QUBT) grew revenue by 82.8% over the past year. This is strong growth.
Quantum Computing, Inc. (QUBT) reported a net loss of $18.7M for fiscal year 2025.
Quantum Computing, Inc. (QUBT) has a return on equity (ROE) of -2.2%. Negative ROE indicates the company is unprofitable.
Quantum Computing, Inc. (QUBT) had negative free cash flow of $37.0M in fiscal year 2025, likely due to heavy capital investments.
Quantum Computing, Inc. (QUBT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates