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Quantum Computing (QUBT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

Quantum Computing (QUBT) reported revenue of $5.6M for the second quarter 2026 (Q2 2026), up 91-fold from a year earlier and +50% from the quarter before. Operating margin was -414.6%, net loss $11.8M (211.7% of revenue).

Revenue$5.6M
Year over year91×
Quarter over quarter+50%
Operating margin-414.6%
Net earnings−$11.8M

Quantum Computing, Q2 2026: revenue $5.6M (91× year over year), operating margin -414.6%, net loss $11.8M, operating cash flow −$13.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$5.6M+50%91×
Operating profit−$23.0M——
Net earnings−$11.8M——
Operating cash flow−$13.9M——

What changed

Revenue was $5.6M in Q2 2026, up 9000% year over year and up 50% from the previous quarter.

Operating costs exceeded revenue by $23.0M, an operating margin of -414.6%. The fastest-growing cost line was General & admin (+224%). The quarter ended with a net loss of $11.8M, wider than the previous quarter's $4.0M loss. Non-operating items added $11.3M, -96% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$13.9M. Non-cash charges added back $3.2M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $7.0M. Capital expenditures of $2.7M exceeded it, leaving free cash flow of −$16.5M.

Questions

What was Quantum Computing's revenue in the second quarter 2026?

Quantum Computing (QUBT) reported revenue of $5.6M for the second quarter 2026 (Q2 2026), up 91-fold from a year earlier and +50% from the quarter before.

Was Quantum Computing profitable in the second quarter 2026?

Operating loss was $23.0M (-414.6% of revenue) and net loss $11.8M.

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Source: Quantum Computing 10-Q on SEC EDGAR.