Quantum Computing Inc. reports $9.5 million in Q3 revenue

Science · First reported 9 Nov, 21:05 · Updated 22:22

Image: Wikimedia Commons · Ysherazi · CC BY-SA 4.0

Quantum Computing Inc. reported $9.5 million in revenue for the quarter ended September 30, 2026, up from $384,000 a year earlier. The company recorded a $15.1 million net loss and said its quarter-end cash, cash equivalents and investments totaled about $1.3 billion.

Q3 revenue was $9.5 million, compared with $384,000 in Q3 2025; the company said acquired businesses were the main growth driver.
The company reported a $15.1 million net loss, or $0.07 per share, and a gross margin of 4.5%.
Its quarter-end cash, cash equivalents and investments were approximately $1.3 billion; backlog was about $39.1 million.

Summary written by Sumzly from 2 articles

Key facts

Quarter ended: September 30, 2026
Q3 revenue: $9.5 million
Q3 net loss: $15.1 million, or $0.07 per basic share
Quarter-end cash, cash equivalents and investments: Approximately $1.3 billion
Contract backlog: Approximately $39.1 million as of September 30, 2026
Revenue versus consensus: 23.06% above the Zacks consensus estimate, according to Yahoo Finance