QCi is starting to generate revenue, but it's still losing money and has a long way to go to prove itself. The company is trying to build a larger photonics and quantum hardware business, ranging from chip manufacturing to AI and security products.

Quantum Computing, Inc. is executing a strategic pivot toward nanophotonic hardware, evidenced by a revenue surge to $5.6M in 2026Q2 from $198K in 2025Q4, a 90% year-over-year growth. However, this transition has compressed gross margins to -21.0% and accelera...
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| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 10, 2026 | -$0.05-44.8% vs -$0.03 | $6M+7.8% vs $5M |
Q2 2026 May 11, 2026 | -$0.02+60.0% vs -$0.05 | $4M+17.9% vs $3M |
Q2 2026 Mar 2, 2026 | -$0.04+0.0% vs -$0.04 | $198,000-49.7% vs $393,600 |
Q4 2025 Nov 14, 2025 | -$0.05+11.8% vs -$0.06 | $384,000+229.1% vs $116,667 |
QCi is starting to generate revenue, but it's still losing money and has a long way to go to prove itself. The company is trying to build a larger photonics and quantum hardware business, ranging from chip manufacturing to AI and security products.

Scales quantum optimization to up to nearly 10,000 variables, a 10x increase over QCi's current 1,000-variable system, while delivering faster performance, production-ready reliability and scalable manufacturing First customer shipment of Dirac-3S upgrade expected in Q4 2026 HOBOKEN, N.J., Oct. 1, 2026 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), a vertically integrated quantum systems company pioneering photonics and semiconductor manufacturing, today announced Dirac-3S, the next-generation of its Dirac-3 quantum optimization machine, marking a significant step toward commercial deployment of QCi's quantum optimization technology.
Foxx Development (NASDAQ: FOXX - Get Free Report) and Quantum Computing (NASDAQ: QUBT - Get Free Report) are both technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, earnings, analyst recommendations, dividends, valuation, institutional ownership and profitability. Volatility and Risk Foxx Development has a beta
QUBT pairs surging revenues, photonics expansion and a $42.5M backlog with analyst targets implying more upside than Rigetti, though execution risks remain.
Benchmark QUBT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Quantum Computing, Inc. (QUBT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $8.18 | $1.84B | -74.36 | 82.84% | -2738.12% | -2.19% | — | |
| $43.77 | $16.34B | -24.05 | 201.85% | -573.62% | -39.19% | — | |
| $15.25 | $5.07B | -21.79 | -34.31% | -1787.4% | -46.82% | — | |
| $15.77 | $5.79B | -14.21 | 178.54% | -2001.59% | -26.67% | — | |
| $24.62 | $385.35M | -9.62 | 80.89% | -5271.99% | -360.48% | — | |
| $222.64 | $209.76B | 19.93 | 7.62% | 15.52% | 33.43% | — |
Quantum Computing, Inc. (QUBT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Quantum Computing, Inc. (QUBT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 10, 2026·SEC
Jul 22, 2026·SEC
Jun 30, 2026·SEC
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Quantum Computing, Inc. (QUBT) stock FAQ — growth, dividends, profitability & financials explained
Quantum Computing, Inc. (QUBT) reported $9.8M in revenue for fiscal year 2025. This represents a 154% increase 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 $15.0M 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 $51.5M in fiscal year 2025, likely due to heavy capital investments.