Quantum Computing (NASDAQ:QUBT) Posts Earnings Results, Beats Expectations By $0.03 EPS

Posted by Francis Steltz on May 12th, 2026

Quantum Computing (NASDAQ:QUBT – Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.03, FiscalAI reports. The company had revenue of $3.69 million for the quarter, compared to analyst estimates of $3.13 million.

Here are the key takeaways from Quantum Computing’s conference call:

Completed acquisitions of Luminar Semiconductor (LSI) and NuCrypt, adding lasers, detectors, advanced packaging, patents, and customers (including NASA and U.S. Army Research Lab) to accelerate vertical integration and photonics/quantum communications capabilities.
Financially strong with $1.4 billion in cash and investments, elevated interest income ($13.5M in Q1), and a contract backlog of $16 million, providing runway to fund growth and integration activities.
Q1 operating expenses rose to $19.8 million (from $8.3M) and the company reported a net loss of $4.1 million, driven by added headcount and roughly $6M of M&A-related G&A, which compressed margins and increased near-term cash burn.
Fab One in Tempe is ramping small-batch R&D manufacturing and generating early revenue but is positioned mainly for validation; management is planning a larger Fab Two to enable volume production and scalable manufacturing.
Technology progress includes the first commercial data-center installation of a Dirac-3 on Quantum Corridor and ongoing gate-based photonics work — management says one final engineering hurdle (raising micro‑ring resonator Q‑factor to >10M from ~2M) remains before prototyping and potential multi-year scaling.

Quantum Computing Stock Performance

Shares of NASDAQ QUBT opened at $10.18 on Tuesday. The stock has a fifty day moving average price of $8.02 and a two-hundred day moving average price of $10.20. The firm has a market cap of $2.30 billion, a P/E ratio of -67.87 and a beta of 3.70. Quantum Computing has a 1 year low of $6.18 and a 1 year high of $25.84.

Insider Transactions at Quantum Computing

In other Quantum Computing news, CFO Christopher Bruce Roberts sold 68,902 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $7.85, for a total transaction of $540,880.70. Following the completion of the transaction, the chief financial officer directly owned 1,132,398 shares of the company’s stock, valued at approximately $8,889,324.30. This trade represents a 5.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 19.30% of the company’s stock.

Institutional Investors Weigh In On Quantum Computing

Large investors have recently modified their holdings of the stock. FWL Investment Management LLC bought a new stake in shares of Quantum Computing during the 2nd quarter worth $33,000. Triumph Capital Management bought a new stake in shares of Quantum Computing during the 3rd quarter worth $45,000. Horizon Investments LLC bought a new stake in shares of Quantum Computing during the 3rd quarter worth $55,000. Rhumbline Advisers bought a new stake in shares of Quantum Computing during the 1st quarter worth $28,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Quantum Computing by 121.8% during the 2nd quarter. NewEdge Advisors LLC now owns 3,505 shares of the company’s stock worth $67,000 after acquiring an additional 1,925 shares in the last quarter. 4.26% of the stock is owned by institutional investors.

More Quantum Computing News

Here are the key news stories impacting Quantum Computing this week:

Positive Sentiment: Q1 results beat expectations: Quantum Computing Inc. reported a loss of $0.02 per share versus the $0.05 loss analysts expected, while revenue of $3.69 million came in above the $3.13 million consensus. Quantum Computing Inc. (QUBT) Reports Q1 Loss, Tops Revenue Estimates
Positive Sentiment: Revenue reportedly exploded year over year, with articles attributing the surge to acquisitions, which may have improved investor sentiment around the company’s growth trajectory. Quantum Computing’s Q1 revenue explodes year over year due to acquisitions
Positive Sentiment: Market coverage notes the stock has been a laggard, but investors are now rewarding the earnings update, reflecting a shift in sentiment after a weak prior year. This Quantum Stock Has Been a Laggard. Why Shares Are Up 14% After Earnings.
Neutral Sentiment: Quantum Computing’s Q1 earnings call transcript and press release will be important for clues on whether the revenue growth is sustainable and how management frames the outlook. Quantum Computing Inc. (QUBT) Q1 2026 Earnings Call Transcript
Neutral Sentiment: Before earnings, analysts had already raised revenue estimates while insider selling created a mixed signal, so some of the move may reflect investors repricing expectations rather than just the headline beat. Do Quantum Computing’s (QUBT) Insider Sales Undercut Rising Revenue Estimates Ahead Of Q1 2026 Earnings?
Negative Sentiment: Despite the better quarter, Quantum Computing remains loss-making, so investor enthusiasm may be tempered if the company cannot show a clear path to profitability. Quantum Computing Inc. (QUBT) Reports Q1 Loss, Tops Revenue Estimates

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Wall Street Zen cut Quantum Computing from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Cantor Fitzgerald lowered their target price on Quantum Computing from $15.00 to $10.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Northland Securities assumed coverage on Quantum Computing in a research report on Monday, April 20th. They issued an “outperform” rating and a $20.00 target price on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Quantum Computing in a research report on Friday, March 27th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $22.00 target price on shares of Quantum Computing in a research report on Tuesday, March 3rd. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.50.

Check Out Our Latest Report on Quantum Computing

About Quantum Computing

(Get Free Report)

Quantum Computing Inc (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.

The company’s flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.

Earnings History for Quantum Computing (NASDAQ:QUBT)

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