Every 10-Q that Quantum Computing Inc. (QUBT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow QUBT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full QUBT filings page.
Quantum Computing Inc. reported rapid top-line growth but continued losses for the quarter ended June 30, 2026. Revenue rose to $5.6 million from $61 thousand a year earlier, driven largely by newly acquired businesses LSI, NuCrypt and NHanced. However, higher cost of revenue produced a gross margin of -21% and a loss from operations of $23.0 million.
After strong interest income of $13.0 million on its large investment portfolio and a smaller derivative loss, the net loss narrowed to $11.8 million from $36.5 million in the prior-year quarter. For the first half of 2026, revenue was $9.2 million with a net loss of $15.8 million.
Liquidity remains a key strength. As of June 30, 2026, the company held $189.2 million in cash and cash equivalents, about $1.1 billion in short- and long-term investments, working capital of $969.7 million, and total assets of $1.64 billion against total liabilities of $47.2 million. Management states these resources are adequate to meet obligations over the next 12 months.
QCi completed three acquisitions in 2026, adding photonics components, quantum communications, and advanced semiconductor packaging capabilities, which increased goodwill to $181.5 million and intangible assets to $29.1 million. The company also disclosed ongoing securities and derivative litigation, noting that an unfavorable outcome could have a material adverse effect.
Quantum Computing Inc. (QUBT) reported Q3 2025 results showing modest revenue but a swing to profit driven by non‑cash items and interest income. Revenue was $384 thousand versus $101 thousand a year ago, with gross profit of $126 thousand and a loss from operations of $10.4 million as R&D and G&A spending increased to support product development.
Below the line, the company recorded $3.5 million of interest and other income and a $9.2 million gain from the change in fair value of a derivative liability, producing net income of $2.382 million for the quarter. Year to date, revenue was $484 thousand and net loss was $17.1 million.
Liquidity improved dramatically in 2025 through equity financings. During the nine months ended September 30, the company issued 49.1 million shares for net proceeds of $756.5 million, contributing to $555.6 million in cash and short‑term investments as of September 30, 2025, plus $257.5 million in long‑term investments. Total assets were $898.2 million, with working capital of $559.2 million and a reduced derivative liability of $14.7 million. Subsequent to quarter‑end, the company closed an additional private placement for approximately $750 million.
Quantum Computing Inc. (QUBT) reported interim results showing a sizable cash position and continued operating losses. As of June 30, 2025, the company held $348.8 million in cash and cash equivalents and reported working capital of $346.3 million, which the company states is adequate to meet obligations for the next 12 months. The condensed results show an operating loss of $10.171 million for the quarter (up from $5.267 million) and a loss before income taxes driven by non-cash and mark-to-market items. The company recorded a mark-to-market loss on warrants of $28.1 million for the three months ended June 30, 2025, and derivative liabilities related to QPhoton warrants carried $24.6 million at June 30, 2025. Financing activity included equity placements and warrant exercises that produced significant gross proceeds, including a January placement ($100 million) and a June placement (~$200 million gross) and warrant exercises that reclassified $20.4 million of derivative liability to equity.