Stocks · Technology · Computer Hardware
Quantum Computing, Inc. QUBT
$7.94 -2.93% Close, Oct 5, 2026 · NASDAQ · Market cap $1.84B
Strong growthWeak trendExpensive vs sectorHigh risk
Next earnings report: Nov 13, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $9.8M, up 3635.4% from a year earlier, accelerating from 1025.7% a quarter earlier.
- Operating margin widened to -775.5% from -12474.9% a year earlier.
- The diluted share count rose 58.9% in a year.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 1%
- Revenue growth, 3-year CAGRTop 5%
- Revenue growth accelerationTop 1%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 27%
- Gross marginBottom 3%
- Operating marginBottom 4%
- Accruals (lower is better)Bottom 12%
- Interest coverBottom 1%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 35%
- Free-cash-flow yieldBottom 18%
- EBITDA / enterprise valueBottom 27%
- Sales / enterprise valueBottom 2%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 4%
- 6-month returnBottom 43%
- 1-year return vs S&P 500Bottom 6%
- Distance from 52-week highBottom 6%
- Trend checklist (0–4)Bottom 10%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 44%
- Consecutive EPS beatsBottom 12%
- Share of analysts rating BuyTop 33%
- Upside to consensus price targetTop 11%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 49%
- Maximum drawdown, 3 yearsBottom 11%
- Beta vs S&P 500 (lower is better)Bottom 20%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1025.7% | 3635.4% | ↑ |
| Gross margin | 31.2% | -18.9% | ↓ |
| Operating margin | -12474.9% | -775.5% | ↑ |
| FCF margin | -9514.1% | -524.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3635.4% | 1025.7% | ↑ | Top 1% |
| Gross margin | -18.9% | 31.2% | ↓ | Bottom 3% |
| Operating margin | -775.5% | -12474.9% | ↑ | Bottom 4% |
| Net margin | -152.5% | -29054.0% | ↑ | — |
| Free-cash-flow margin | -524.0% | -9514.1% | ↑ | — |
| Return on invested capital | -4.7% | — | Bottom 27% | |
| Revenue growth, 3-year CAGR | 71.2% | — | Top 5% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 1.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 86.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +11262.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -314.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -65.21%
- Shareholder yield
- -65.21%
- Share count change, 1 year
- +58.9%
- Share count change, 3-year CAGR
- +53.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +6.7%
- Average 2-day reaction, last 8
- -1.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $17.33
- Target vs current price
- +118.3%
- Analysts with a rating
- 4
- Share rating Buy or Strong Buy
- 75%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 10, 2026 | -44.8% | -2.7% | -1.9% | -12.7% | — |
| May 11, 2026 | +60.0% | +6.0% | +9.5% | +8.9% | -7.5% |
| Mar 2, 2026 | +0.0% | +2.1% | -9.6% | -20.8% | +38.9% |
| Nov 14, 2025 | +11.8% | +5.7% | +2.4% | +20.1% | -14.9% |
| Aug 14, 2025 | -333.3% | -3.9% | -8.7% | -0.7% | -17.9% |
| May 15, 2025 | +42.9% | +3.5% | +18.0% | +96.1% | +84.3% |
| Mar 20, 2025 | -840.0% | -11.7% | -4.3% | -23.4% | +99.3% |
| Nov 6, 2024 | +25.0% | -6.9% | +19.0% | +504.3% | +749.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 10, 2026 | -$0.05 | -$0.03 | -44.8% | $5.6M |
| May 11, 2026 | -$0.02 | -$0.05 | +60.0% | $3.7M |
| Mar 2, 2026 | -$0.04 | -$0.04 | +0.0% | $198,000 |
| Nov 14, 2025 | -$0.05 | -$0.06 | +11.8% | $384,000 |
| Aug 14, 2025 | -$0.26 | -$0.06 | -333.3% | $61,000 |
| May 15, 2025 | -$0.04 | -$0.07 | +42.9% | $39,000 |
| Mar 20, 2025 | -$0.47 | -$0.05 | -840.0% | $62,000 |
| Nov 6, 2024 | -$0.06 | -$0.08 | +25.0% | $101,000 |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 170.09× | — | — | Bottom 2% |
| Free-cash-flow yield | -2.80% | — | — | Bottom 18% |
| Earnings yield | -0.79% | — | — | Bottom 35% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.6%
- 200-day average slope (20 days)
- -3.6%
- Distance from 50-day average
- -5.9%
- Distance from 200-day average
- -13.4%
- RSI (14)
- 39.9
- Relative volume
- 1.17×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 61.6%
- Volatility vs own 5-year history
- 1th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.16
- Correlation with S&P 500
- 0.17
- Current drawdown from 1-year high
- -67.7%
- Maximum drawdown, 3 years
- -82.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 21, 2020 | Jul 1, 2024 | -97.5% | 885 days | 119 days (Dec 18, 2024) |
| Dec 18, 2024 | Mar 10, 2025 | -82.4% | 53 days | Not yet recovered |
| Nov 25, 2020 | Dec 7, 2020 | -30.8% | 7 days | 5 days (Dec 14, 2020) |
| Oct 22, 2020 | Nov 5, 2020 | -21.3% | 10 days | 12 days (Nov 23, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.84B
- EPS, diluted (TTM)
- -$0.06
- Revenue (TTM)
- $9.8M
- 52-week range
- $6.18 – $25.84
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $136,000 | $358,000 | $373,000 | $682,000 |
| Gross profit | $0 | $75,000 | $162,000 | $112,000 | $67,000 |
| Operating income | -$17.1M | -$28.6M | -$26.2M | -$25.9M | -$51.1M |
| Net income | -$27.9M | -$26.0M | -$27.0M | -$68.5M | -$18.7M |
| EPS (diluted) | -$0.96 | -$0.48 | -$0.42 | -$0.73 | -$0.11 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $101,000 | $62,000 | $39,000 | $61,000 | $384,000 | $198,000 | $3.7M | $5.6M |
| Net income | -$5.7M | -$51.2M | $17.0M | -$36.5M | $2.4M | -$1.6M | -$4.0M | -$11.8M |
| EPS (diluted) | -$0.06 | -$0.55 | $0.11 | -$0.26 | $0.01 | -$0.01 | -$0.02 | -$0.05 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$6.8M | -$15.4M | -$18.3M | -$16.2M | -$30.3M |
| Capital expenditure | -$19,391 | -$870,000 | -$2.1M | -$6.0M | -$6.7M |
| Free cash flow | -$6.8M | -$16.2M | -$20.4M | -$22.2M | -$37.0M |
| Dividends paid | $0 | $0 | $0 | -$215,000 | $0 |
| Net share buybacks | $8.6M | $0 | $24.7M | $106.8M | $1.48B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $954.2M
- Total assets
- $1.64B
- Total liabilities
- $47.2M
- Total debt
- $23.4M
- Net debt
- -$165.8M
- Shareholders’ equity
- $1.59B
As of Jun 30, 2026 (filed Aug 10, 2026).
Short interest
- Shares sold short
- 64,702,416
- Days to cover
- 11.27
- Change vs previous report
- -0.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 3, 2018
- 1-for-200
- Aug 29, 2007
- 1-for-100