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MARKETS / NASDAQ / QUBT
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

Quantum Computing Inc. QUBT

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$682,000
▲ 82.8% YoY
$-18.7M
$-37.0M
In brief

What this company does

QCi’s products are designed to operate at room temperature and at very low power levels compared to other quantum systems currently available in the market, such as cryogenic products based on superconducting, ion-trap, or annealing architectures. Our Entropy Quantum Computer (“EQC”), is a quantum application of our Core Photonics Technology, designed to solve complex optimization problems. As part of our long-term strategic plan to acquire complimentary businesses, in February 2026, the Company acquired Luminar Semiconductor, Inc. (“LSI”). LSI provides products and services that leverage its advanced photonics semiconductor technologies.

Written from the business description in Quantum Computing Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 682,000.00
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.7 · Net income -18.7
-25.0M-50.0M201720182019202020212022202320242025
Compound annual growth
+71.2%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2738 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -7489.3% · Net -2738.1%
-10000%-20000%201720182019202020212022202320242025
ROE
FY2025 · ROE -2.2%
-200%-400%201720182019202020212022202320242025

Each USD of equity lost 2 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -37.0
-20M201720182019202020212022202320242025
Net buybacks $ Dividends $
FY2024 · Dividends 215000.0 · Net buybacks —
400000800000202220232024

Total assetsUSD 1.6B
EquityUSD 1.6B
CashUSD 737.9M
Current ratio102.38×

Equity funds 99% of total assets.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B0.00.00.00.0·····
Operating income $B−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0···−0.0·
Income tax $B·········
Net income $B−0.0−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0·
EPS, diluted $−0.11−0.73−0.42−0.73−0.96−0.88−1.14−2.22−0.19
Dividend / sh $··7.007.007.00····
Payout %·−0−3−3·····
ROE %−2.2−77.9−40.4−64.8−188.5−420.6···
Shares out B0.220.130.080.060.030.030.010.000.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 35 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 60 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2017

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