Quantum technology company building photonic quantum computing hardware, entropy systems, and optimization software for commercial use cases.
Profile & Fundamentals
Quantum Computing: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Quantum Computing Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States. The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets. It is also developing the entropy quantum computer (EQC), a quantum application of Core Photonics Technology, designed to solve complex optimization problems. In addition, the company offers Emucore, a reservoir computing machine that can be reprogrammed after manufacturing and optimized for recurrent neural network applications; Neurawave, a photonics based reservoir computer; LiDAR, which allows machines to see through dense fog and provide image fidelity at great distances in environments, such as snow, ice, and water; the quantum photonic vibrometer, an instrument for remote vibration detection, sensing, and inspection; and quantum networks and quantum authentication products. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2001 and is based in Hoboken, New Jersey.
Company profile record
Quantum Computing Inc
Common Stock · Information Technology · Electronic Equipment & Instruments
Company
- Company / asset
- Quantum Computing Inc
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Electronic Equipment & Instruments
- HQ
- 🇺🇸 United States
- Head office
- 5 Marine View Plaza, Hoboken, NJ, United States, 07030
Leadership & scale
- Chief executive
- Dr. Yuping Huang Ph.D.
- CEO year born
- 1980
- Full-time employees
- 72
- Fiscal year end
- December
- IPO date
- 2018-08-01
Fundamentals snapshot
- Market Cap
- USD 1.8B
- P/E
- --
- Revenue (Q2 26)
- USD 5.6M
- Profit (Q2 26)
- USD -11.8M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 682.0K
- Shares in public float
- 200.6M
- Insider ownership
- 12.16%
Reporting & identifiers
- Symbol
- QUBT.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US74766W1080
- Asset ID
- equity_89c855f6-be03-5ac0-846d-09396d1799dd
Ownership
Shares Outstanding
Latest: 224.7M | Max: 224.7M | Min: 350.5K
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
89.28%
200.6M latest reported shares
Insider Ownership
12.16%
Latest reported insider stake
Short Float
0.32%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2012-01-01 | 350,500 |
| 2018-01-01 | 5,918,900 |
| 2019-01-01 | 7,764,000 |
| 2020-01-01 | 17,185,000 |
| 2021-01-01 | 29,157,000 |
| 2022-01-01 | 55,963,000 |
| 2023-01-01 | 77,451,400 |
| 2024-01-01 | 93,881,000 |
| 2025-01-01 | 216,060,000 |
| 2026-01-01 | 224,727,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 16,139,212 | 7.13% | 2026-03-31 |
| Vanguard Capital Management, LLC | 8,762,295 | 3.87% | 2026-03-31 |
| Defiance Quantum ETF | 6,905,789 | 3.05% | 2026-08-31 |
| Vanguard Portfolio Management, LLC | 6,710,124 | 2.96% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 6,466,811 | 2.86% | 2026-08-31 |
| iShares Russell 2000 ETF | 5,218,343 | 2.31% | 2026-08-31 |
| Vanguard Information Technology ETF | 5,071,330 | 2.24% | 2026-08-31 |
| Geode Capital Management, LLC | 4,700,305 | 2.08% | 2026-03-31 |
| State Street Corp | 4,516,820 | 2% | 2026-03-31 |
| Defiance ETFs, LLC | 4,495,083 | 1.99% | 2026-03-31 |
| Marex Group Ltd | 4,488,912 | 1.98% | 2026-03-31 |
| Global X Artfcl Intlgc & Tech ETF | 3,506,292 | 1.55% | 2026-08-31 |
| Penserra Capital Management, LLC | 3,349,847 | 1.48% | 2026-03-31 |
| Morgan Stanley - Brokerage Accounts | 2,320,726 | 1.03% | 2026-03-31 |
| Fidelity Small Cap Index | 2,240,551 | 0.99% | 2026-06-30 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's headline revenue experienced an eye-catching leap, jumping to five point five million dollars in the second quarter of 2026 compared to just sixty-one thousand dollars a year earlier. This top-line surge was driven by buying outside semiconductor packaging and optical component businesses rather than customers lining up to purchase quantum computers. Beneath this growth, core operations recorded a trailing operating loss of seventy-six million dollars. The only reason the net loss looked manageable was that the company's large cash pile earned thirteen million dollars in quarterly interest, temporarily masking ongoing operating losses.
The company's headline revenue experienced an eye-catching leap, jumping to five point five million dollars in the second quarter of 2026 compared to just sixty-one thousand dollars a year earlier. This top-line surge was driven by buying outside semiconductor packaging and optical component businesses rather than customers lining up to purchase quantum computers. Beneath this growth, core operations recorded a trailing operating loss of seventy-six million dollars. The only reason the net loss looked manageable was that the company's large cash pile earned thirteen million dollars in quarterly interest, temporarily masking ongoing operating losses.
Revenue, Net Income, and Free Cash Flow
Latest: USD 682.0K | Max: USD 3.4M | Min: USD -68.5M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: --
No history available.
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability numbers tell a sobering story about the cost of starting microchip factories. Gross margins dropped to negative twenty-one percent in the second quarter of 2026, meaning production costs exceeded billable customer revenues by more than one million dollars. This margin squeeze is typical during the early stages of opening semiconductor cleanrooms, where initial scrap rates and staff costs are high. For profit margins to become healthy, the company must dramatically improve its manufacturing defect rates and attract steady, high-volume customer orders.
Profitability numbers tell a sobering story about the cost of starting microchip factories. Gross margins dropped to negative twenty-one percent in the second quarter of 2026, meaning production costs exceeded billable customer revenues by more than one million dollars. This margin squeeze is typical during the early stages of opening semiconductor cleanrooms, where initial scrap rates and staff costs are high. For profit margins to become healthy, the company must dramatically improve its manufacturing defect rates and attract steady, high-volume customer orders.
Profitability Margins
Latest: 9.8% | Max: 55.1% | Min: <-100.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
9.8%
Gross profit / revenue
Operating Margin
-7489.3%
Operating income / revenue
Net Margin
-2738.1%
Net income / revenue
FCF Margin
-5422.9%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2012-12-31 | 3,365,508 | 221,731 | 346,449 |
| 2017-12-31 | 0 | -175,000 | Not reported |
| 2018-12-31 | 0 | -10,507,093 | -2,367,568 |
| 2019-12-31 | 0 | -8,381,088 | -2,265,016 |
| 2020-12-31 | 0 | -24,734,280 | -11,552,497 |
| 2021-12-31 | 31,240 | -27,898,847 | -6,824,351 |
| 2022-12-31 | 135,648 | -38,593,700 | -18,427,055 |
| 2023-12-31 | 358,000 | -27,022,000 | -20,427,000 |
| 2024-12-31 | 373,000 | -68,542,000 | -22,249,000 |
| 2025-12-31 | 682,000 | -18,674,000 | -36,984,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
No reported records are available in this preview.
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2012-12-31 | 33.72 | -0.1 | 6.59 | 10.29 |
| 2017-12-31 | Not reported | Not reported | Not reported | Not reported |
| 2018-12-31 | Not reported | Not reported | Not reported | Not reported |
| 2019-12-31 | Not reported | Not reported | Not reported | Not reported |
| 2020-12-31 | Not reported | Not reported | Not reported | Not reported |
| 2021-12-31 | -28.8 | -54,833.84 | -89,304.89 | -21,844.91 |
| 2022-12-31 | 55.08 | -26,966.37 | -28,451.36 | -13,584.46 |
| 2023-12-31 | 45.25 | -7,330.45 | -7,548.04 | -5,705.87 |
| 2024-12-31 | 30.03 | -6,953.62 | -18,375.87 | -5,964.88 |
| 2025-12-31 | 9.82 | -7,489.3 | -2,738.12 | -5,422.87 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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