Quantum Computing Inc.
NASDAQ•QUBT
CEO: Dr. William J. McGann Ph.D.
Sector: Technology
Industry: Computer Hardware
Listing Date: 2007-02-01
Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was incorporated in 2018 and is based in Hoboken, New Jersey.
Contact Information
5 Marine View Plaza, Suite 214, Hoboken, NJ, 07030, United States
703-436-2121
Market Cap
$1.01B
P/E (TTM)
-64.7
28.5
Dividend Yield
--
52W High
$25.84
52W Low
$5.38
52W Range
Rank69Top 98.7%
1.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$198.00K+0.00%
4-Quarter Trend
EPS
-$0.01+0.00%
4-Quarter Trend
FCF
-$12.17M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Revenue Growth Accelerates Total revenue reached $682K in 2025, up 83% from $373K in 2024, driven by product sales.
Net Loss Significantly Narrows Net loss improved 73%, narrowing to ($18.67 M) in 2025 compared to ($68.54 M) in 2024.
Major Liquidity Injection Financing activities provided $1.48 B cash inflow during 2025, substantially increasing cash reserves to $737.9 M.
Strategic Acquisition Completed Completed $110M Luminar acquisition in February 2026, integrating advanced semiconductor and packaging technologies.
Risk Factors
Internal Control Deficiencies ICFR was not effective as of 12/31/2025 due to material weaknesses in control environment and IT controls.
Operating Expenses Surge Total operating expenses rose 96% to $51.14 M in 2025, reflecting aggressive investment in R&D efforts.
Gross Margin Compression Gross profit margin fell sharply to 10% in 2025 from 30% in 2024 due to higher initial hardware unit costs.
Early Stage Business Hurdles Limited operating history and reliance on R&D breakthroughs create inherent uncertainty in forecasting future performance.
Outlook
Accelerated R&D Spending R&D expenses increased 81% to $20.47 M, supporting technology roadmap evolution and TFLN chip migration plans.
Margin Improvement Expected Anticipate product gross margins will improve as scaled production begins building additional units of each product offering.
Vertical Integration Strategy Strategy focuses on building vertically integrated photonics platform supporting AI, HPC, sensing, and cybersecurity segments.
Talent Acquisition Focus Must attract and retain highly skilled technical personnel, facing competitive market conditions and associated costs.
Peer Comparison
Revenue (TTM)
$12.68B
$9.83B
$8.25B
Gross Margin (Latest Quarter)
97.4%
87.8%
83.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ONDS | $4.64B | -62.9 | -27.6% | 3.3% |
| IPGP | $4.62B | 148.4 | 1.5% | 0.0% |
| EEFT | $3.05B | 11.5 | 23.8% | 35.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
71.9%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:Mar 19, 2026
EPS:-$0.04
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data