10-Q quarterly report · filed Aug 10, 2026

Quantum Computing Inc. (QUBT) Q2 2026 10-Q Quarterly Report

Short answer

Quantum Computing Inc. (QUBT) filed its Q2 2026 10-Q quarterly report on Aug 10, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $6M (up 9000.0% year over year) with net income of −$12M.

Q2 2026 key financials · XBRL

Revenue
$6M
+9000.0% YoY · +50.4% QoQ
Net income
−$12M
+67.8% YoY · −190.2% QoQ
Operating margin
-414.6%
EPS (diluted)
−$0.05
+80.0% YoY · −150.0% QoQ

Source: XBRL data from the Quantum Computing Inc. (QUBT) Q2 2026 10-Q on SEC EDGAR. USD.

Quantum Computing Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $5.6M vs $61K YoY, with acquisitions contributing $5.1M
  • Gross margin -21% vs 43% YoY; operating loss $23.0M vs $10.2M
  • Acquisitions added $2.4M to operating expenses; G&A increased 224% to $11.5M
  • Cash $189.2M and investments $1.1B; operating cash use $23.3M for six months
  • Investing cash use $529.7M, including $168.7M acquisitions and $356.5M securities purchases
  • Near-term headwinds: under-utilized facilities, acquisition amortization, macroeconomic conditions, and continued operating losses

Risk Factors

  • New acquisition and capacity-expansion execution risk triggered by LSI, NuCrypt, NHanced integration and Arizona FAB 2 scaling
  • Supplier concentration risk from single-source photonic integrated circuits and III-V components
  • New generative-AI intellectual-property risk from limited protection for AI-created code and inventions
  • Privacy compliance risk with GDPR penalties up to €20 million or 4% of annual global revenue
  • Capital-intensity risk from thin-film lithium niobate expansion, near-term operating-expense increases and gross-margin pressure

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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