← Back to Quantum Computing Inc.
Stoqly stoqly.net Company report Β· October 26, 2026

Quantum Computing Inc.

QUBT NasdaqΒ· Services-Prepackaged Software

Last close Β· Oct 23, 2026

$6.56

KIRA Β· Stoqly’s AI analyst, in plain words

  • Quantum Computing Inc. had $0.7M of revenue in fiscal 2025, up 82.8% on the year before.
  • Its operating margin was βˆ’7,489.3%, down 535.7Β pts: of every 100 in sales, about βˆ’7,489 is left after running the business.
  • Quantum Computing Inc. lost $18.7M in fiscal 2025.
  • Free cash flow was βˆ’$37.0M in fiscal 2025, βˆ’5,422.9% of revenue.

Market cap

$1.5B

P/E

β€”

Revenue

$0.7M

Net income

βˆ’$18.7M

Free cash flow

βˆ’$37.0M

Operating margin

βˆ’7,489.3%

Quantum Computing Inc. in 30 seconds Β· fiscal 2025

Good

Are sales growing?

+82.8%

Yes. Sales grew 82.8% last year.

Weak

Does it make a profit?

βˆ’2,738.1%

No. It lost money last year.

Weak

Does profit turn into cash?

βˆ’5,422.9%

No. It spent more cash than it brought in.

Weak

How healthy are the accounts?

2 / 8

Weak. It passes 2 of 8 health tests.

For information

How is the share priced?

β€”

No P/E: it made no profit over the last four quarters.

What Quantum Computing Inc. does

No business description yet.

Fiscal year ends
December 31, 2025
Latest annual report
10-K Β· Mar 2, 2026
Legal name
Quantum Computing Inc.
CIK
0001758009
stoqly.net Β· QUBT Β· Generated October 26, 2026 Not investment advice Β· Page 1 of 3
Stoqly stoqly.net Company report Β· October 26, 2026

Quantum Computing Inc. Β· QUBT

Results and finances

The last 5 fiscal years. Amounts in USD.

Fiscal yearFY21FY22FY23FY24FY25
Sales and profit
Revenue β€” $0.1M $0.4M $0.4M $0.7M
Revenue growth β€” β€” 163.2% 4.2% 82.8%
Net interest income β€” β€” $0.3M $0.4M $20.7M
Gross margin β€” 55.1% 45.3% 30.0% 9.8%
Operating margin β€” βˆ’21,062.5% βˆ’7,330.4% βˆ’6,953.6% βˆ’7,489.3%
Net income βˆ’$27.9M βˆ’$26.0M βˆ’$27.0M βˆ’$68.5M βˆ’$18.7M
Net margin β€” βˆ’19,101.5% βˆ’7,548.0% βˆ’18,375.9% βˆ’2,738.1%
Diluted EPS βˆ’$0.96 βˆ’$0.73 βˆ’$0.42 βˆ’$0.73 βˆ’$0.11
Cash
Cash from operations βˆ’$6.8M βˆ’$15.4M βˆ’$18.3M βˆ’$16.2M βˆ’$30.3M
Capital expenditure $0.0M $0.9M $2.1M $6.0M $6.7M
Free cash flow βˆ’$6.8M βˆ’$16.2M βˆ’$20.4M βˆ’$22.2M βˆ’$37.0M
FCF margin β€” βˆ’11,947.1% βˆ’5,705.9% βˆ’5,964.9% βˆ’5,422.9%
Dividends paid β€” $0.8M $0.9M $0.2M β€”
Share count change 4.3% 25.8% βˆ’99.8% 41.0% 75.2%
Debt and strength
Cash and short-term investments $16.7M $5.3M $2.1M $78.9M $1.1B
Debt incl. finance leases β€” $8.4M $1.9M β€” β€”
Shareholders' equity $15.0M $65.1M $68.7M $107M $1.6B
Current ratio 15.9x 1.2x 0.6x 17.4x 102.4x
Interest coverage β€” βˆ’37.1x βˆ’16.4x βˆ’10.4x βˆ’785.8x
Returns and quality
Return on capital β€” βˆ’33.2% βˆ’30.2% β€” β€”
Return on equity βˆ’188.5% βˆ’64.8% βˆ’40.4% βˆ’77.9% βˆ’2.2%
Return on tangible equity βˆ’185.7% β€” βˆ’2,645.4% βˆ’160.4% βˆ’1.2%
Piotroski F-score β€” β€” 4 2 2
Altman Z'' βˆ’1.3 βˆ’1.6 4.4 0.2 85.1

Insiders bought, 12 months

$0.0M

0 insiders

Insiders sold, 12 months

$0.6M

2 insiders

Of sales under plans

0%

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
stoqly.net Β· QUBT Β· Generated October 26, 2026 Not investment advice Β· Page 2 of 3
Stoqly stoqly.net Company report Β· October 26, 2026

Quantum Computing Inc. Β· QUBT

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $6.56 a share, the company is worth $1.5B.

Source: SEC EDGAR XBRL filings (CIK 0001758009). Data updated October 24, 2026. For information only β€” not investment advice. Check the original filings before relying on any figure.