QUBT
$6.50+1.25%
Quantum Computing Inc.Stock · TechnologyRussell 2000 · 0.06% of IWMNasdaq Composite · 0.009% of ONEQUS Stock Market · 0.003% of VTIRussell 3000 · 0.003% of IWV
QUBT financial statements
The full income statement, balance sheet, and cash-flow statement for Quantum Computing Inc. (QUBT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 94.2M2024-09 91.3M2024-12 137.2M2025-03 140.9M2025-06 159.9M2025-09 224.1M2025-12 224.5M2026-03 225.5M2026-06 226.3M+140.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 682K+82.8% | 373K+4.2% | 358K+163.2% | 136K | — | |
| 67.0K-40.2% | 112K-30.9% | 162K+116.0% | 75.0K | — | ||
| Cost of revenue | 615K+135.6% | 261K+33.2% | 196K+221.3% | 61.0K | — | |
| 51.1M+96.3% | 26.0M-1.3% | 26.4M-8.1% | 28.7M+67.7% | 17.1M-1.2% | ||
| Research & development | 20.5M+80.9% | 11.3M+27.3% | 8.89M+70.5% | 5.22M+101.7% | 2.59M+68.0% | |
| Selling, general & administrative | 27.2M+111.0% | 12.9M-17.8% | 15.7M-26.6% | 21.4M+1257.6% | 1.58M-27.0% | |
| General & administrative | 27.2M+111.0% | 12.9M-17.8% | 15.7M+4.7% | 15.0M+472.8% | 2.62M | |
| Selling & marketing | 3.43M+88.7% | 1.82M+0.7% | 1.81M-13.7% | 2.09M | — | |
| Amortization of intangibles | 2.50M-19.4% | 3.10M+0.0% | 3.10M+72.2% | 1.80M | — | |
| Provision for credit losses | — | 279K+0.0% | 279K | — | — | |
| Operating income | -51.1M-96.9% | -25.9M+1.2% | -26.2M+8.4% | -28.6M-67.2% | -17.1M+1.2% | |
| Interest expense | 65.0K-97.4% | 2.50M+55.8% | 1.60M+107.5% | 772K | — | |
| Interest & investment income | — | — | 295K+527.7% | 47.0K | — | |
| Net interest income | 20.7M+4797.9% | 423K+43.4% | 295K | — | — | |
| Other non-operating income | — | — | -2.51M-24.6% | -2.01M+81.3% | -10.8M-45.7% | |
| Pre-tax income | -18.7M+72.8% | -68.5M-153.7% | -27.0M-4.0% | -26.0M | — | |
| -18.7M+72.8% | -68.5M-153.7% | -27.0M-4.0% | -26.0M+6.9% | -27.9M-12.8% | ||
| Preferred dividends | — | — | 861K-3.1% | 889K | — | |
| Net income to common | -18.7M+72.8% | -68.5M-145.8% | -27.9M-3.8% | -26.9M | — | |
| -$0.11+84.9% | -$0.73-73.8% | -$0.42+42.5% | -$0.73+24.0% | -$0.96 | ||
| EPS (basic) | -$0.11+84.9% | -$0.73-73.8% | -$0.42+42.5% | -$0.73+24.0% | -$0.96 | |
| Weighted-avg shares (basic) | 164M+75.2% | 93.9M+40.9% | 66.6M+81.6% | 36.7M+25.8% | 29.2M | |
| Weighted-avg shares (diluted) | 164M+75.2% | 93.9M+40.9% | 66.6M+81.6% | 36.7M+25.8% | 29.2M | |
| Dividends per share | — | $0.00-100.0% | $28.00+0.0% | $28.00+300.0% | $7.00 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.13B+1332.4% | 79.2M+2880.1% | 2.66M-51.3% | 5.45M-68.4% | 17.2M | ||
| Cash & equivalents | 738M+834.7% | 78.9M+3734.1% | 2.06M-61.2% | 5.31M-68.3% | 16.7M+10.1% | |
| Short-term investments | 379M | — | — | — | — | |
| Accounts receivable | 519K+1822.2% | 27.0K-58.5% | 65.0K+400.0% | 13.0K | — | |
| Inventory | 352K+1855.6% | 18.0K-75.3% | 73.0K | — | — | |
| Prepaid expenses | 11.9M+7300.0% | 161K-10.6% | 180K+39.5% | 129K-73.3% | 483K+1084.6% | |
| Other current assets | — | — | 289K+58.0% | 183K | — | |
| 1.62B+954.3% | 154M+106.5% | 74.4M-5.3% | 78.5M+354.2% | 17.3M+13.2% | ||
| Property, plant & equipment | 13.0M+58.0% | 8.21M+186.1% | 2.87M+194.4% | 975K+2258.0% | 41.3K+33.6% | |
| Operating lease right-of-use | 2.35M+54.6% | 1.52M+44.8% | 1.05M-17.4% | 1.27M+6939.4% | 18.1K | |
| Goodwill | 55.6M+0.0% | 55.6M+0.0% | 55.6M+0.0% | 55.6M | — | |
| Intangible assets | 6.50M-27.6% | 8.97M-25.7% | 12.1M-20.4% | 15.2M | — | |
| Long-term investments | 403M | — | — | — | — | |
| Other non-current assets | 131K+1.6% | 129K+0.0% | 129K+115.0% | 60.0K+183.1% | 21.2K | |
| 11.1M+142.9% | 4.56M-5.3% | 4.81M+4.8% | 4.59M+324.4% | 1.08M | ||
| Accounts payable | 778K-43.3% | 1.37M-6.2% | 1.46M+67.7% | 872K+87.6% | 465K+26.8% | |
| Accrued liabilities | 9.13M+328.1% | 2.13M+234.0% | 639K-78.4% | 2.96M+518.8% | 479K+342.5% | |
| Deferred revenue | 395K+400.0% | 79.0K+17148.9% | 458 | — | — | |
| Short-term & current debt | — | — | 1.93M+259.4% | 536K | — | |
| Current lease liability | 769K+75.6% | 438K+265.0% | 120K-91.2% | 1.36M+7409.0% | 18.1K | |
| Other current liabilities | 766K-21.4% | 974K+23.9% | 786K+3.4% | 760K+22352.0% | 3.38K | |
| 20.7M-55.4% | 46.3M+718.7% | 5.65M-57.8% | 13.4M+1136.9% | 1.08M+56.1% | ||
| Long-term debt | — | — | — | 7.86M | — | |
| Non-current lease liability | 1.81M+53.1% | 1.18M+40.6% | 840K-22.1% | 1.08M | — | |
| Operating lease liability (total) | 2.58M+59.2% | 1.62M+68.6% | 960K | — | — | |
| Other non-current liabilities | 0.00 | — | — | 225K | — | |
| Total non-current liabilities | — | — | — | 7.86M | — | |
| 1.60B+1389.7% | 107M+56.2% | 68.7M+5.5% | 65.1M+333.5% | 15.0M+3.1% | ||
| Preferred stock | 0.00 | — | 149-0.7% | 150-2.6% | 154 | |
| Common stock | 22.0K+69.2% | 13.0K+62.5% | 8.00K+33.3% | 6.00K+105.8% | 2.92K+4.3% | |
| Additional paid-in capital | 1.82B+490.2% | 308M+53.4% | 201M+18.6% | 169M+151.0% | 67.4M+41.2% | |
| Retained earnings | -219M-9.3% | -200M-51.9% | -132M-26.8% | -104M-27.8% | -81.4M-52.2% | |
| Accumulated other comprehensive income | 905K | — | — | — | — | |
| Total liabilities & equity | 1.62B+954.3% | 154M+106.5% | 74.4M-5.3% | 78.5M+354.2% | 17.3M+13.2% | |
| Common shares issued | 224M+73.8% | 129M+66.6% | 77.5M+38.4% | 56.0M+91.9% | 29.2M+4.3% | |
| Common shares outstanding | 224M+73.8% | 129M+66.6% | 77.5M+38.4% | 56.0M+91.9% | 29.2M+4.3% | |
| Shares outstanding (cover) | 225M+63.6% | 137M+50.2% | 91.4M+51.0% | 60.5M+107.5% | 29.2M+1.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -30.3M-86.9% | -16.2M+11.5% | -18.3M-19.1% | -15.4M-125.4% | -6.82M+40.9% | ||
| Depreciation & amortization | 4.40M+15.9% | 3.80M+14.8% | 3.31M+77.5% | 1.86M+20604.6% | 9.00K+36.1% | |
| Intangible amortization | 2.50M-19.4% | 3.10M+0.0% | 3.10M+72.2% | 1.80M | — | |
| Share-based compensation | 8.66M+49.8% | 5.78M+35.4% | 4.27M-54.2% | 9.32M-8.6% | 10.2M-8.7% | |
| Change in receivables | 492K+1394.7% | -38.0K-173.1% | 52.0K+300.0% | 13.0K | — | |
| Change in inventory | 334K+707.3% | -55.0K-178.6% | 70.0K | — | — | |
| Change in payables | -594K-560.0% | -90.0K-115.1% | 596K+172.1% | 219K+123.1% | 98.2K-33.9% | |
| -788M-12960.4% | -6.04M-131.1% | -2.61M-17.3% | -2.23M-9793.3% | -22.5K-87.9% | ||
| Capital expenditure | 6.69M+10.8% | 6.04M+185.8% | 2.11M+142.8% | 870K+4386.6% | 19.4K+62.0% | |
| Free cash flow | -37.0M-66.2% | -22.2M-8.9% | -20.4M-25.7% | -16.2M-137.5% | -6.84M+40.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 1.36M | 0.00 | |
| Sales/maturities of investments | 39.9M | — | — | — | — | |
| 1.48B+1390.4% | 99.1M+460.8% | 17.7M+186.4% | 6.17M-26.4% | 8.39M-68.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 1.48B+1281.7% | 107M+331.7% | 24.7M+255.3% | 6.96M-19.1% | 8.61M-69.2% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00-100.0% | 215K-75.1% | 865K+9.9% | 787K | — | |
| Net change in cash | — | — | — | -11.4M-841.1% | 1.54M-89.8% | |
| Interest paid | — | 268K-67.0% | 813K | — | — | |
| Income taxes paid | — | — | 813K | — | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.30B+1.4% | 2.27B+3212.8% | 68.6M-14.8% | 80.5M-19.0% | 99.4M-75.4% | |
| P/S | 3378.0×-44.5% | 6089.5×+2428.0% | 240.9× | — | — | |
| P/B | 1.4×-93.2% | 21.2×+2128.1% | 1.0×-0.6% | 1.0×-85.6% | 6.6×-76.2% | |
| Dividend yield | — | 0.01%-100.0% | 3066.8%+65.4% | 1854.3%+803.3% | 205.3% | |
| Source filing | 10-K | 10-K | 10-K/A | 10-K/A | 10-K |
About this data
Source: QUBT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all QUBT filings on SEC EDGAR → Not investment advice.