Quantum Computing Inc. (NASDAQ: QUBT) shows revenue jump but Q1 2026 loss - Stock Titan

Quantum Computing Inc. (NASDAQ: QUBT) shows revenue jump but Q1 2026 loss Filing Impact (Moderate) Filing Sentiment (Neutral) Form Type 8-K Rhea-AI Filing Summary Quantum Computing Inc. furnished an investor presentation that highlights its quantum photonics strategy and Q1 2026 financials. For the three months ended March 31, 2026, total revenue was $ 3,691 versus $ 39 in 2025, but the company recorded a net loss of $ 4,050 compared with net income of $ 16,982 a year earlier. Higher operating expenses of $ 19,829 and unrealized losses of $ 3,822 on available-for-sale debt securities contributed to the loss. As of March 31, 2026, Quantum Computing Inc. reported cash and cash equivalents of $ 257,711, short-term investments of $ 728,401, and long-term investments of $ 422,818, supporting its plan to scale nonlinear quantum optics and integrated photonics products, foundry services, and systems such as its Dirac-3 quantum optimization machine and reservoir computing hardware. Positive None. Negative Q1 2026 swung from profit to loss, with net (loss) income of $ 4,050 versus net income of $ 16,982 a year earlier, driven by higher operating expenses and investment-related losses. Insights Equity analyst – quantum and photonics hardware neutral Revenue rose sharply but Q1 swung from profit to loss as spending and investment marks increased. Quantum Computing Inc. reported Q1 2026 revenue of $ 3,691 versus $ 39 in 2025, reflecting early commercialization of its photonics and quantum systems. However, operating expenses grew to $ 19,829, driving an operating loss of $ 20,550. Non-operating items were significant: interest and other income was $ 13,495, and the change in fair value of derivative liabilities added $ 3,176. An unrealized loss of $ 3,822 on available-for-sale debt securities reduced total comprehensive income to a loss of $ 7,872. The balance sheet shows substantial liquidity, with current assets of $ 1,005,076, including cash and cash equivalents of $ 257,711 and short-term investments of $ 728,401 as of March 31, 2026. This supports the company’s plans for its TFLN foundry, planned Fab 2, and expansion of integrated photonic products, though the business remains loss-making at this stage. 8-K Event Classification 2 items: 7.01, 9.01 2 items Item 7.01 Regulation FD Disclosure DISCLOSURE Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance. Item 9.01 Financial Statements and Exhibits EXHIBITS Financial statements, pro forma financial information, and exhibit attachments filed with this report. Key Figures Q1 2026 Revenue: $ 3,691 Q1 2025 Revenue: $ 39 Net (loss) income Q1 2026: $ 4,050 +5 more 8 metrics Q1 2026 REVENUE $ 3,691 Total revenue, three months ended March 31, 2026 Q1 2025 REVENUE $ 39 Total revenue, three months ended March 31, 2025 NET (LOSS) INCOME Q1 2026 $ 4,050 Net loss for three months ended March 31, 2026 NET INCOME Q1 2025 $ 16,982 Net income for three months ended March 31, 2025 OPERATING EXPENSES Q1 2026 $ 19,829 Total operating expenses for three months ended March 31, 2026 CASH AND EQUIVALENTS $ 257,711 Cash and cash equivalents as of March 31, 2026 SHORT-TERM INVESTMENTS $ 728,401 Short-term investments as of March 31, 2026 TOTAL ASSETS $ 1,620,534 Total assets as of March 31, 2026 Key Terms nonlinear nanophotonics, photonic integrated circuits, thin film lithium niobate (TFLN), derivative liability, +2 more 6 terms Nonlinear Nanophotonics TECHNICAL Photonic Integrated Circuits TECHNICAL Thin Film Lithium Niobate (TFLN) TECHNICAL Derivative Liability FINANCIAL Available-For-Sale Debt Securities FINANCIAL Reservoir Computing TECHNICAL Understanding 8-K Material Events → 05/18/2026 - 04:47 PM ⛶ Fullscreen Source: View Original Filing on SEC EDGAR FAQ How did Quantum Computing Inc. (QUBT) perform financially in Q1 2026? Quantum Computing Inc. reported Q1 2026 revenue of $ 3,691 and a net loss of $ 4,050. Revenue increased sharply from $ 39 in 2025, but higher operating expenses of $ 19,829 and investment-related losses led to a negative bottom line. What was Quantum Computing Inc.’s cash and investment position as of March 31, 2026? As of March 31, 2026, the company held significant liquid resources across cash and investments. Cash and cash equivalents were $ 257,711, short-term investments totaled $ 728,401, and long-term investments were $ 422,818, supporting its capital-intensive photonics roadmap. How did Quantum Computing Inc.’s operating expenses change in Q1 2026? Total operating expenses rose to $ 19,829 in Q1 2026 from $ 8,299 in 2025. Research and development was $ 6,969, sales and marketing $ 1,597, and general and administrative $ 11,263, reflecting scaling of technology, manufacturing, and corporate infrastructure. What non-operating items affected Quantum Computing Inc.’s Q1 2026 results? Non-operating items had a large impact on Q1 2026 results. Interest and other income reached $ 13,495, interest expense was $ 171, and the change in fair value of derivative liability contributed $ 3,176, while unrealized losses on debt securities were $ 3,822. What is Quantum Computing Inc.’s core business focus according to the May 2026 presentation? The company focuses on nonlinear quantum optics and integrated photonics. It develops TFLN-based photonic chips, foundry services, and systems such as the Dirac-3 quantum optimization machine, reservoir computing hardware, sensing platforms, and quantum-secure communications solutions across multiple end markets. What long-term manufacturing plans did Quantum Computing Inc. highlight? Quantum Computing Inc. emphasized scaling its TFLN foundry and planning a second fabrication facility. Fab 1 supports current prototyping and small-batch production, while Fab 2 is in early planning to enable higher-volume manufacturing of photonic integrated circuits and quantum systems. Filing Exhibits & Attachments 4 documents PRESS RELEASES EX-99.1 INVESTOR PRESENTATION, DATED MAY 13, 2026 45.5 KB OTHER DOCUMENTS EX-101 XBRL SCHEMA FILE 3.0 KB EX-101 XBRL LABEL FILE 33.4 KB EX-101 XBRL PRESENTATION FILE 21.9 KB