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Companies / Technology / Quantum Computing Inc.
QUBT

Quantum Computing Inc.

TechnologyPrepackaged Software
Ticker QUBTHOBOKEN, NJFiscal year ends DecemberBook value per share $7.10Diluted shares 224.4M

Quantum Computing Inc. (NASDAQ: QUBT) is an American quantum computing and photonics company headquartered in Hoboken, New Jersey. The company operates at www.quantumcomputinginc.com and develops quantum computing systems, artificial intelligence hardware, and sensing technologies utilizing integrated photonics and… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.68M
+82.8% year over year
Last 12 mo $9.82M
-7489.30%
−535.7 percentage points
Last 12 mo -775.48%
$-18.67M
+72.8% year over year
Last 12 mo $-14.98M
-1.17%
+62.7 percentage points
Last 12 mo -0.94%
Cash & financing
$-30.29M
−86.9% year over year
Last 12 mo $-43.06M
$-36.98M
−66.2% year over year
Last 12 mo $-51.48M
—
164.5K
−99.8% year over year
Last 12 mo 224.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Quantum Computing Inc. does

In the company’s own words

Quantum Computing Inc. (NASDAQ: QUBT) is an American quantum computing and photonics company headquartered in Hoboken, New Jersey. The company operates at www.quantumcomputinginc.com and develops quantum computing systems, artificial intelligence hardware, and sensing technologies utilizing integrated photonics and non-linear quantum optics.

The company's core technology platform, called Core Photonics Technology, enables the manipulation and measurement of single and entangled photons to create quantum computing solutions. QCi's primary product is the Entropy Quantum Computer, marketed under the "Dirac" product line, which solves complex optimization problems. Unlike competing cryogenic quantum systems based on superconducting or ion-trap architectures, QCi's quantum computers operate at room temperature with low power consumption, requiring no special cooling or shielding and compatible with standard server room infrastructure.

Beyond quantum computing, QCi has developed complementary products leveraging its photonics platform. The company offers Emucore, a reservoir computing machine for artificial intelligence and machine learning applications launched in 2023, and Neurawave, a photonics-based reservoir computer introduced in 2025. QCi also produces quantum sensing technologies including LiDAR systems for remote sensing and imaging, a Quantum Photonic Vibrometer for vibration detection, and quantum authentication systems for cybersecurity applications.

The company operates a state-of-the-art research and development facility in Tempe, Arizona focused on thin film lithium niobate chip design and manufacturing. In February 2026, QCi acquired Luminar Semiconductor, Inc., which provides advanced photonics semiconductor technologies and fabrication capabilities, significantly expanding the company's chip design and manufacturing capabilities.

As of December 31, 2025, QCi employed 72 full-time employees and 5 part-time contract staff, with 55 focused on product development. The company holds three granted United States patents and acquired 23 additional issued patents through the Luminar acquisition. QCi maintains an exclusive license to seven patents from Stevens Institute of Technology. The company's registered trademarks include QPhoton, QGraph, and Qatalyst.

Company details
Sector
Technology
Industry
Prepackaged Software
Headquarters
HOBOKEN, NJ
Fiscal year end
December
CIK
1758009
SIC
7372

Financial performance, year by year

Fiscal 2018–2025 · USD
$-76.38M$-52.87M$-29.36M$-5.85M$17.66M20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Quantum Computing Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

147
funds hold it
0 of 35
superinvestors hold it
$454.77M
held by funds, at market
19.7%
of shares held by funds

Largest fund holders · Quantum Computing Inc.’s weight in each

Defiance Quantum ETF
QTUM · ETF Series Solutions
1.08%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.04%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.06%of fund net assets
0.23%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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