QUBT · XBRL financial data

Quantum Computing financial statements, every fiscal year

The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (QUBT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	0	0	0	1
Cost of revenue	—	—	0	0	0	1
Gross profit	—	—	0	0	0	0
Research and development	2	3	5	9	11	20
Selling, general and administrative	2	2	9	16	—	—
General and administrative	—	3	15	16	13	27
Total operating expenses	17	17	37	26	26	51
Operating income (loss)	(17)	(17)	(37)	(26)	(26)	(51)
Interest income	—	—	0	0	—	—
Interest expense	0	—	1	2	2	0
Net income (loss)	(25)	(28)	(39)	(27)	(69)	(19)
Earnings per share, basic USD per share	—	(0.96)	(0.69)	(0.42)	(0.73)	(0.11)
Earnings per share, diluted USD per share	—	(0.96)	(0.69)	(0.42)	(0.73)	(0.11)
Weighted average shares, basic millions of shares	—	29	56	67	94	0
Weighted average shares, diluted millions of shares	—	29	56	67	94	0

Fiscal years (QUBT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	15	17	5	2	79	738
Short-term investments	—	—	—	—	—	379
Accounts receivable	—	—	0	0	0	1
Inventory	—	—	—	0	0	0
Prepaid and other current assets	—	—	0	0	0	12
Total current assets	—	17	6	3	79	1,134
Property and equipment, net	0	0	1	3	8	13
Right-of-use asset	—	0	1	1	2	2
Goodwill	—	—	59	56	56	56
Total assets	15	17	89	74	154	1,619
Accounts payable	0	0	1	1	1	1
Accrued liabilities	0	0	4	1	2	9
Current portion of long-term debt	—	—	1	2	—	—
Total current liabilities	—	1	7	5	5	11
Long-term debt	—	—	8	—	—	—
Lease liability, non-current	—	—	1	1	1	2
Total liabilities	1	1	14	6	46	21
Accumulated deficit	(53)	(81)	(120)	(132)	(200)	(219)
Total stockholders' equity	15	16	75	69	107	1,598
Total liabilities and equity	15	17	89	74	154	1,619
Common shares outstanding (cover page) millions of shares	29	29	60	91	137	225

Fiscal years (QUBT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(25)	(28)	(39)	(27)	(69)	(19)
Stock-based compensation	11	10	14	4	6	9
Net cash from operating activities	(12)	(7)	(18)	(18)	(16)	(30)
Purchases of property and equipment	0	0	1	2	6	7
Net cash from investing activities	(0)	(0)	(2)	(3)	(6)	(788)
Proceeds from issuing common stock	28	9	7	25	107	1,475
Proceeds from issuing equity	—	—	—	25	12	—
Dividends paid	—	—	1	1	0	—
Net cash from financing activities	27	8	8	18	99	1,478
Net change in cash	15	2	(11)	—	—	—

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Quantum Computing	189	5.6	(14)*	226.3M	68.8 quarters	Q2 FY26 10-QJun 30, 2026
Vertex	230	204	31*	not reported	—	Q2 FY26 10-QJun 30, 2026
BigBear.ai Holdings	77	44	(9.6)*	481.4M	4.6 quarters	Q3 FY26 10-QSep 30, 2026
Intapp	148	161	28	76.7M	—	Q1 FY27 10-QSep 30, 2026
Progress Software	114	246	88*	40.9M	—	Q3 FY26 10-QAug 31, 2026
Braze	167	227	24*	113.6M	—	Q2 FY27 10-QJul 31, 2026
Alkami Technology	50	135	22*	107.0M	—	Q3 FY26 10-QSep 30, 2026
People	1,319	431	50*	not reported	—	Q3 FY26 10-QSep 30, 2026
DXC Technology	1,599	3,034	217*	155.5M	—	Q2 FY27 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.