Quantum Computing Inc. (QUBT)
Nasdaq · Services-Prepackaged Software · Services · CIK 1758009 · fiscal year ends in Dec
Closing price $6.83 on 29 Oct 2026; 52-week range $6.31 to $16.71.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $9.8M
- Revenue growth
- 3635.4%
- Net income, last twelve months
- -$15.0M
- Earnings per share
- -$0.07
- Gross margin
- -18.9%
- Operating margin
- -775.5%
- Net margin
- -152.5%
- Free cash flow
- -$51.5M
- Return on equity
- -0.9%
- Market value
- $1.5B
- Cash
- $189.2M
- Debt
- $0
- Debt to equity
- 0.00
- Shares outstanding
- 226.3M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $682.0K | -$51.1M | -$18.7M | -$0.11 | -$37.0M | 10-K filed 2 Mar 2026 |
| FY2024 | 31 Dec 2024 | $373.0K | -$25.9M | -$68.5M | -$0.73 | -$22.2M | 10-K filed 20 Mar 2025 |
| FY2023 | 31 Dec 2023 | $358.0K | -$26.2M | -$27.0M | -$0.31 | -$20.4M | 10-K filed 1 Apr 2024 |
| FY2022 | 31 Dec 2022 | $136.0K | -$28.6M | -$26.0M | -$0.73 | -$16.2M | 10-K filed 30 Mar 2023 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $5.6M | -$11.8M | -$0.05 |
| Q1 FY2026 | 31 Mar 2026 | $3.7M | -$4.0M | -$0.02 |
| Q4 FY2025 | 31 Dec 2025 | $198.0K | -$1.6M | -$0.01 |
| Q3 FY2025 | 30 Sep 2025 | $384.0K | $2.4M | $0.01 |
| Q2 FY2025 | 30 Jun 2025 | $61.0K | -$36.5M | -$0.26 |
| Q1 FY2025 | 31 Mar 2025 | $39.0K | $17.0M | $0.11 |
| Q4 FY2024 | 31 Dec 2024 | $62.0K | -$51.2M | -$0.53 |
| Q3 FY2024 | 30 Sep 2024 | $101.0K | -$5.7M | -$0.06 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Services | $368.0K | 54.0% |
| Products | $314.0K | 46.0% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $592.0K | 86.8% |
| Europe | $65.0K | 9.5% |
| Asia | $25.0K | 3.7% |
Company events
The newest 8-K filings of 86 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 2 Oct 2026 | 8-K | Investor update | 7.01, 9.01 |
| 10 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 22 Jul 2026 | 8-K | Leadership change, Other events | 5.02, 8.01, 9.01 |
| 30 Jun 2026 | 8-K | Leadership change, Shareholder vote, Shareholder rights change, Bylaws or fiscal year change | 3.03, 5.02, 5.03, 5.07, 9.01 |
| 23 Jun 2026 | 8-K | Deal completed, Material agreement, Investor update | 1.01, 2.01, 7.01, 9.01 |
| 18 May 2026 | 8-K | Investor update | 7.01, 9.01 |
| 11 May 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Apr 2026 | 8-K/A | Deal completed | 2.01, 9.01 |
| 5 Mar 2026 | 8-K | Other events | 8.01, 9.01 |
| 2 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 3 Feb 2026 | 8-K | Deal completed, Investor update | 2.01, 7.01, 9.01 |
| 12 Jan 2026 | 8-K | Investor update, Other events | 7.01, 8.01, 9.01 |
Every filing
The newest filings with the SEC of 223 held.
| Filed | Form | Period |
|---|---|---|
| 2 Oct 2026 | 8-K | 2 Oct 2026 |
| 8 Sep 2026 | 8-K/A | 22 Jun 2026 |
| 10 Aug 2026 | 8-K | 10 Aug 2026 |
| 10 Aug 2026 | 10-Q | 30 Jun 2026 |
| 22 Jul 2026 | 8-K | 17 Jul 2026 |
| 9 Jul 2026 | S-8 | – |
| 30 Jun 2026 | 8-K | 24 Jun 2026 |
| 23 Jun 2026 | 8-K | 22 Jun 2026 |
| 18 May 2026 | 8-K | 13 May 2026 |
| 11 May 2026 | 10-Q | 31 Mar 2026 |
| 11 May 2026 | 8-K | 11 May 2026 |
| 30 Apr 2026 | DEFA14A | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 11 Mar 2026 | Roberts Christopher Bruce, CFO and General Counsel | Sale outside a trading plan | 9,360 | $7.85 | $73.5K | 1,123,038 | 11 Mar 2026 |
| 10 Mar 2026 | Roberts Christopher Bruce, CFO and General Counsel | Sale outside a trading plan | 68,902 | $7.85 | $541.0K | 1,132,398 | 11 Mar 2026 |
| 7 Jan 2026 | Begliarbekov Milan, Chief Operating Officer | Sale outside a trading plan | 2,860 | $11.85 | $33.9K | 24,240 | 12 Jan 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 11 Mar 2026 | CHRISTOPHER ROBERTS, Officer | 9,360 | $73.5K | 11 Mar 2026 |
| 10 Mar 2026 | CHRISTOPHER ROBERTS, Officer | 68,902 | $541.0K | 10 Mar 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 28 May 2026 | Yuping Huang | 13D amended | 10.33% | 23.3M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 30 Jan 2026 | The Vanguard Group | 13G amended | 7.51% | 16.8M |
| 21 Jan 2026 | BlackRock, Inc. | 13G amended | 6.7% | 15.0M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 70.0M | +3.96% | 9.47 |
| 30 Sep 2026 | 67.3M | +4.09% | 8.6 |
| 15 Sep 2026 | 64.7M | -0.03% | 11.27 |
| 31 Aug 2026 | 64.7M | +0.98% | 8.85 |
| 14 Aug 2026 | 64.1M | -0.33% | 7.42 |
| 31 Jul 2026 | 64.3M | -0.58% | 7.36 |
| 15 Jul 2026 | 64.7M | +2.05% | 6.71 |
| 30 Jun 2026 | 63.4M | +8.02% | 3.78 |
Funds that hold it
From each fund's latest Form 13F.
359 funds held it at 30 Jun 2026: 185 added and 59 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 17,733,975 | $172.0M | +1,594,763 |
| Vanguard Capital Management LLC | 8,848,881 | $85.8M | +86,586 |
| Penserra Capital Management LLC | 6,979,349 | $67.7M | +3,629,502 |
| Defiance ETFs, LLC | 7,033,410 | $66.3M | +2,538,327 |
| Vanguard Portfolio Management LLC | 6,566,582 | $63.7M | -143,542 |
| Geode Capital Management, LLC | 5,322,648 | $51.6M | +622,343 |
| State Street Corp. | 4,921,317 | $47.7M | +404,497 |
| Morgan Stanley | 3,292,011 | $31.9M | +971,285 |
| Marex Group Ltd | 2,302,359 | $22.3M | -2,186,553 |
| Mirae Asset Global ETFS Holdings Ltd. | 2,272,533 | $22.1M | +69,232 |
Peers
Companies in the same industry.
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- SAP SE (SAP): revenue $41.6B, market value $273.2B
- CrowdStrike Holdings, Inc. (CRWD): revenue $5.4B, market value $267.5B
- Shopify Inc. (SHOP): revenue $13.3B, market value $216.7B
- Salesforce, Inc. (CRM): revenue $43.9B, market value $190.0B
- Snowflake Inc. (SNOW): revenue $5.4B, market value $116.3B
- ServiceNow, Inc. (NOW): revenue $15.4B, market value $113.8B
- Cloudflare, Inc. (NET): revenue $2.5B, market value $110.0B