Quantum Computing Inc. Reports Record Q3 2026 Revenue Amid Strategic Shift to Commercial Scaling
Quantum Computing Inc. (QUBT) reported record quarterly revenue of $9.5 million for Q3 2026, a significant increase from $384,000 in the prior year period. This growth was primarily driven by photonic product sales across the aerospace, government, and industrial sectors. Despite the revenue surge, the company reported a net loss of $15.1 million ($0.07 per share) due to increased personnel costs and expanded R&D activities following several recent acquisitions. The company is currently transitioning from pure technology innovation toward large-scale commercial manufacturing. With a contract backlog of $39.1 million and $1.3 billion in total liquidity, management expects to fund operations for at least the next 12 months. Key upcoming milestones include the first customer shipment of the Dirac-3 system in Q4 2026 and planned capital expenditures of up to $80 million for the NHanced Fab 2 facility.
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Topics: aerospace and defense contract backlog liquidity net loss revenue growth