CyberIntel ⬡ News
★ Saved ◆ Cyber Reads
← Back ◌ Quantum Computing May 16, 2026

Quantum Computing | 10-Q: Q1 2026 Earnings Report - Moomoo

Moomoo Archived May 16, 2026 ✓ Full text saved

Quantum Computing | 10-Q: Q1 2026 Earnings Report Moomoo

Full text archived locally
✦ AI Summary · Claude Sonnet


    Accessibility Screen-Reader Guide, Feedback, and Issue Reporting | New window Clear Log in to access Online Inquiry Back to the Top To create a seamless experience and for website quality and improvement purposes, we use cookie technologies for verification and quality purposes, to personalize the content presented, and to provide advertising that may be of specific interest to you. Learn our Privacy Policy here. Accept All Reject All Quantum Computing | 10-Q: Q1 2026 Earnings Report SEC ·  May 11 16:08 QUBT -10.44% Summary by Moomoo AI Quantum Computing reported Q1 2026 revenue of $3.7 million, up from $39 thousand YoY, driven primarily by the LSI and NuCrypt acquisitions which contributed $3.5 million. The company posted a net loss of $4.1 million compared to net income of $17.0 million in Q1 2025, reflecting a $3.2 million gain from derivative liability fair value changes versus $23.6 million in the prior year. Gross margin was negative 20% due to under-absorption of fixed costs from lower production volumes. Operating expenses increased 139% to $19.8 million, including $5.6 million in acquisition-related transaction costs. As of March 31, 2026, the company held $257.7 million in cash and $1.2 billion in investments, with working capital of $990.0 million.Management completed two strategic acquisitions during the quarter: LSI for $108.5 million in February 2026, adding photonic component manufacturing capabilities and $86.5 million in goodwill; and...Show More This announcement is a separate document: Doc 1 Doc 2 Doc 3 Doc 4 Doc 5 Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more Views 5802 Recommended Franklin Wireless Q3 EPS $(0.13) Misses $(0.01) Estimate, Sales $3.444M Miss $9.900M Estimate Benzinga · 59m CervoMed Q1 EPS $(0.86) Misses $(0.78) Estimate Benzinga · 19:02 Bill Gates' Foundation Sells the Last of Its Microsoft Stock -- Barrons.com Barron's · 42m Trump Bought Palantir Shares Before Praising Stock on Truth Social MT Newswires · 58m ClearSign Technologies Q1 EPS $(0.39) Misses $(0.29) Estimate, Sales $191.000K Miss $1.271M Estimate Benzinga · 19:05
    💬 Team Notes
    Article Info
    Source
    Moomoo
    Category
    ◌ Quantum Computing
    Published
    May 16, 2026
    Archived
    May 16, 2026
    Full Text
    ✓ Saved locally
    Open Original ↗