AI brief of an SEC Form 8-K · Quantum Computing Inc. (QUBT)
QCi Q3 revenue rises to $9.5 million, but net loss is $15.1 million
Quantum Computing Inc. (QCi) reported third-quarter 2026 revenue of $9.5 million, up from $384 thousand a year earlier, driven mainly by businesses it acquired in the first half of 2026. The company still posted a net loss of $15.1 million, or $0.07 per basic share, compared with net income of $2.4 million a year earlier, as operating expenses rose to $29.0 million.
Key points
- Third-quarter revenue was $9.5 million versus $384 thousand in Q3 2025; the company said this exceeded its revenue for the first half of 2026 ($9.2 million).
- Net loss was $15.1 million, or $0.07 per basic share, compared with net income of $2.4 million, or $0.01 per share, in Q3 2025.
- Total operating expenses were $29.0 million versus $10.5 million, including about $1.0 million in acquisition-related expenses.
- Cash, cash equivalents and investments were about $1.3 billion at September 30, 2026, and contract backlog was $39.1 million.
The filing
CompanyQuantum Computing Inc. (QUBT)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:09 PM ET
Accession number0001628280-26-072163
Written by AI on Nov 9, 2026, 6:16 PM ET, from this filing only.
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.