Quantum Computing Q2 revenue rises to $5.6 million; net loss narrows to $11.8 million
Quantum Computing Inc. reported second quarter 2026 revenue of $5.6 million, up from $61 thousand a year earlier, and a net loss of $11.8 million, down from $36.5 million. The operating loss widened to $23.0 million as operating expenses rose 114%, and the company completed its NHanced Semiconductors acquisition during the quarter. The smaller net loss came mainly from a change in the fair value of a derivative liability, while cash, cash equivalents and investments fell to about $1.3 billion from about $1.5 billion at year-end 2025.
Key points
- Q2 2026 revenue was $5.6 million, compared with $61 thousand in Q2 2025 and $3.7 million in Q1 2026.
- Net loss was $11.8 million, or $0.05 per basic share, versus $36.5 million, or $0.26 per share, a year earlier; the derivative fair value change was the main reason for the decrease.
- Loss from operations widened to $23.0 million from $10.2 million; operating expenses totaled $21.8 million, up 114%.
- Cash, cash equivalents and investments were about $1.3 billion at June 30, 2026, reflecting about $180 million in cash used for acquisitions.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.