QUBT
Company Description
Quantum Computing, Inc. (QUBT) is a Virginia-based technology firm dedicated to developing advanced software solutions for quantum computing. A cornerstone of their offerings is Qatalyst, a quantum application accelerator designed to empower developers. This platform allows users to design and execute 'quantum-ready' applications on conventional computing systems, ensuring seamless transition and compatibility with actual quantum hardware. Furthermore, QCI provides access to a variety of leading quantum processing units (QPUs), including D-Wave, Rigetti, and IonQ. The company primarily serves commercial enterprises and government organizations. Founded in 2018 and headquartered in Leesburg, Virginia, Quantum Computing, Inc. was previously known as Innovative Beverage Group Holdings, Inc.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 682,000 | 373,000 | 358,000 | 136,000 | 0 | 0 | 0 | 0 | 0 | 3.37M | 3.48M | 3.86M |
| Net Income | (18.67M) | (68.54M) | (27.02M) | (25.98M) | (27.90M) | (24.73M) | (8.38M) | (10.51M) | (175,000) | 221,731 | 131,445 | (1.00M) |
| EPS | -0.11 | -0.73 | -0.42 | -0.48 | -0.96 | -0.88 | -1.14 | -2.22 | -0.19 | 0.63 | 0.38 | -2.86 |
| Free Cash Flow | (36.98M) | (22.25M) | (20.43M) | (16.25M) | (6.82M) | (11.55M) | (2.27M) | (2.37M) | 0 | 346,449 | (7,760) | (187,340) |
| FCF / Share | -0.22 | -0.24 | -0.31 | -0.29 | -0.23 | -0.41 | -0.31 | -0.50 | N/A | 0.99 | -0.02 | -0.53 |
| Operating CF | (30.29M) | (16.21M) | (18.32M) | (15.38M) | (6.80M) | (11.54M) | (2.24M) | (2.36M) | 0 | 358,852 | (7,760) | (187,339) |
| Total Assets | 1.62B | 153.56M | 74.36M | 78.51M | 17.28M | 15.27M | 148,245 | 1.90M | 0 | 395,302 | 408,367 | 602,445 |
| Total Debt | 1.81M | 1.18M | 2.77M | 10.16M | 18,084 | 218,371 | 1.61M | 3.17M | 0 | 14,226 | 271,973 | 271,973 |
| Cash & Equiv | 737.88M | 78.94M | 2.06M | 5.31M | 16.74M | 15.20M | 101,100 | 1.77M | 0 | 95,090 | 6,388 | 14,147 |
| Book Value | 1.60B | 107.29M | 68.70M | 65.12M | 16.20M | 14.57M | (2.81M) | (1.52M) | (1,500) | (592,205) | (846,538) | (1.02M) |
| Return on Equity | -0.01 | -0.64 | -0.39 | -0.40 | -1.72 | -1.70 | N/A | N/A | N/A | N/A | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.69M | 198,000 | 384,000 | 61,000 | 39,000 | 62,000 | 101,000 | 183,000 | 27,000 | 74,893 | 50,000 | 112,000 |
| Net Income | (4.05M) | (1.56M) | 2.38M | (36.48M) | 16.98M | (51.24M) | (5.67M) | (5.19M) | (6.44M) | (8.31M) | (6.84M) | (7.42M) |
| EPS | -0.02 | -0.01 | 0.01 | -0.26 | 0.13 | -0.55 | -0.06 | -0.06 | -0.08 | -0.09 | -0.10 | -0.12 |
| Free Cash Flow | (11.24M) | (12.17M) | (11.52M) | (7.13M) | (6.16M) | (6.64M) | (5.09M) | (5.09M) | (5.43M) | (5.26M) | (6.01M) | (4.83M) |
| FCF / Share | -0.07 | -0.07 | -0.07 | -0.05 | -0.05 | -0.07 | -0.05 | -0.05 | -0.07 | -0.08 | -0.08 | -0.08 |
| Operating CF | (9.42M) | (11.02M) | (8.74M) | (6.10M) | (4.43M) | (3.77M) | (4.58M) | (4.01M) | (3.85M) | (5.31M) | (4.43M) | (4.62M) |
| Total Assets | 1.62B | 1.62B | 898.17M | 426.08M | 242.53M | 153.56M | 76.81M | 75.95M | 79.20M | 74.36M | 89.33M | 88.65M |
| Total Debt | 3.68M | 1.81M | 2.58M | 2.17M | 1.06M | 1.18M | 7.81M | 708,000 | 775,000 | 2.77M | 5.67M | 7.73M |
| Cash & Equiv | 257.71M | 737.88M | 352.44M | 348.76M | 166.43M | 78.94M | 3.06M | 2.53M | 6.10M | 2.06M | 7.38M | 7.20M |
| Book Value | 1.60B | 1.60B | 877.85M | 395.98M | 220.83M | 107.29M | 65.90M | 72.35M | 67.60M | 68.70M | 81.24M | 76.91M |
| Return on Equity | -0.00 | -0.00 | 0.00 | -0.09 | 0.08 | -0.48 | -0.09 | -0.07 | -0.10 | -0.12 | -0.08 | -0.10 |