Quantum Computing Inc. QUBT R2KAI
Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States. The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets. It is also developing the entropy quantum computer (EQC), a quantum application of Core Photonics Technology, designed to solve complex optimization problems. In addition, the company offers Emucore, a reservoir computing machine that can be reprogrammed after manufacturing and optimized for recurrent neural network applications; Neurawave, a photonics based reservoir computer; LiDAR, which allows machines to see through dense fog and provide image fidelity at great distances in environments, such as snow, ice, and water; the quantum photonic vibrometer, an instrument for remote vibration detection, sensing, and inspection; and quantum networks and quantum authentication products. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2001 and is based in Hoboken, New Jersey.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 71.2% over 5 years.
CONS
- Trading 51.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | QUBT Quantum Computing Inc. R2KAI | 11.96 | - | $2.70B | - | -1.16% | -4.37% | 71.17% | 9.37% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 31.24K | 65.48K | 37.65K | 121.00K | 112.00K | 50.00K | 27.00K | 183.00K | 101.00K | 39.00K | 61.00K | 384.00K | 198.00K | 3.69M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.00K | 35.00K | 258.00K | 296.00K | 4.41M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | 19.67K | 60.25K | 12.76K | 65.00K | 61.00K | 26.00K | 11.00K | 58.00K | 9.00K | 13.00K | 26.00K | 126.00K | -98.00K | -721.00K |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.30M | 10.20M | 10.53M | 22.12M | 19.83M |
| Operating Income | -298.85K | -400.21K | -24.72M | -583.14K | -1.98M | 784.16K | -1.74M | -917.56K | -8.68M | -3.39M | -4.33M | -4.78M | -6.71M | -4.81M | -6.83M | -6.09M | -6.96M | -6.61M | -6.32M | -5.27M | -5.44M | -8.29M | -10.17M | -10.40M | -22.22M | -20.55M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.12M | -35.42M | 3.71M | -79.00K | -1.56M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 58.00K | 58.00K | 4.00K | -55.00K | 171.00K |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.98M | -36.48M | 2.38M | -1.56M | -4.05M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 |
| Net Income | -1.05M | -875.21K | -27.01M | -635.67K | -2.03M | 770.30K | -698.18K | -1.78M | -11.66M | -3.39M | -4.11M | -4.78M | -7.13M | -5.10M | -7.57M | -6.14M | -7.42M | -6.84M | -6.44M | -5.19M | -5.67M | 16.98M | -36.48M | 2.38M | -1.56M | -4.05M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | -0.14 | -0.16 | -0.19 | -0.11 | -0.11 | -0.11 | -0.12 | -0.10 | -0.08 | -0.06 | -0.06 | 0.11 | -0.26 | 0.01 | -0.01 | -0.02 |
| R&D Expense | 18.33K | 59.39K | 77.70K | 151.29K | 145.16K | 256.93K | 344.68K | 335.67K | 287.02K | 625.45K | 565.69K | 613.06K | 1.02M | 850.44K | 1.27M | 2.18M | 2.47M | 2.33M | 2.22M | 2.09M | 2.24M | 2.98M | 5.97M | 4.51M | - | 6.97M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | 136.00K | 358.00K | 373.00K | 682.00K |
| Cost of Revenue | - | - | - | - | - | 61.00K | 196.00K | 261.00K | 615.00K |
| Gross Profit | - | - | - | - | - | 75.00K | 162.00K | 112.00K | 67.00K |
| Operating Expenses | - | - | - | - | - | 28.72M | 26.41M | 26.05M | 51.14M |
| Operating Income | -175.00K | -5.80M | -2.55M | -17.34M | - | -28.64M | -26.24M | -25.94M | -51.08M |
| EBITDA | - | - | - | - | - | -23.34M | -21.89M | -61.95M | -13.67M |
| Interest Expense | - | - | - | - | - | 772.00K | 1.60M | 2.50M | 65.00K |
| Pretax Income | - | - | - | - | - | -25.98M | -27.02M | -68.54M | -18.67M |
| Tax Provision | - | - | - | - | - | 0 | 0 | 0 | 0 |
| Net Income | -175.00K | -10.51M | -8.38M | -24.73M | - | -25.98M | -27.02M | -68.54M | -18.67M |
| Diluted EPS | - | - | - | - | - | -0.69 | -0.42 | -0.73 | -0.11 |
| R&D Expense | - | 250.64K | 891.13K | 1.54M | 2.59M | 4.56M | 8.89M | 11.32M | 20.47M |
Compounded Sales Growth
| 5 Years: | 71.17% |
| 1 Year: | - |
Compounded Profit Growth
| 5 Years: | 9.37% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +5.61% |
| 6 Months: | +3.10% |
| 3 Months: | +42.21% |
| 1 Month: | +44.44% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 1.80M | 148.25K | 15.27M | - | 78.51M | 74.36M | 153.56M | 1.62B |
| Current Assets | - | - | - | - | - | 5.45M | 2.66M | 79.15M | 1.13B |
| Cash & Equivalents | - | 1.77M | 101.10K | 15.20M | - | 5.31M | 2.06M | 78.94M | 737.88M |
| Inventory | - | - | - | - | - | 0 | 73.00K | 18.00K | 352.00K |
| Receivables | - | - | - | - | - | 13.00K | 65.00K | 27.00K | 519.00K |
| Total Liabilities | 1.50K | 3.31M | 2.96M | 693.21K | - | 13.39M | 5.65M | 46.27M | 20.66M |
| Current Liabilities | - | - | - | - | - | 4.59M | 4.81M | 4.56M | 11.07M |
| Long Term Debt | - | - | - | - | - | 7.19M | - | - | - |
| Total Debt | - | - | - | - | - | 8.27M | 2.77M | 1.18M | 1.81M |
| Total Equity | -1.50K | -1.52M | -2.81M | 14.57M | - | 65.12M | 68.70M | 107.29M | 1.60B |
| Shares Outstanding | - | - | - | - | - | 55.96M | 77.45M | 129.01M | 224.16M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -2.36M | -2.24M | -11.54M | - | -15.38M | -18.32M | -16.21M | -30.29M |
| Investing Cash Flow | -7.01K | -21.34K | -11.97K | - | -2.23M | -2.61M | -6.04M | -788.33M |
| Financing Cash Flow | 4.13M | 599.04K | 26.65M | - | 6.17M | 17.68M | 99.14M | 1.48B |
| Capital Expenditure | -7.01K | -21.34K | -11.97K | - | -870.00K | -2.11M | -6.04M | -6.69M |
| Free Cash Flow | -2.37M | -2.27M | -11.55M | - | -16.25M | -20.43M | -22.25M | -36.98M |
| Net Change in Cash | - | - | - | - | -11.43M | -3.25M | 76.89M | 658.93M |
| Dividends Paid | - | - | - | - | - | 865.00K | 215.00K | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | 55.1% | 45.3% | 30.0% | 9.8% |
| Operating Margin % | - | - | - | - | - | -21,062.5% | -7,330.4% | -6,953.6% | -7,489.3% |
| Net Margin % | - | - | - | - | - | -19,101.5% | -7,548.0% | -18,375.9% | -2,738.1% |
| ROE % | 11,666.7% | 692.6% | 298.0% | -169.7% | - | -39.9% | -39.3% | -63.9% | -1.2% |
| ROCE % | - | - | - | - | - | -38.8% | -37.7% | -17.4% | -3.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 55.55% | 16.14M | $193.02M |
| 2 | Vanguard Capital Management LLC | 30.16% | 8.76M | $104.80M |
| 3 | Vanguard Portfolio Management LLC | 23.09% | 6.71M | $80.25M |
| 4 | Geode Capital Management, LLC | 16.18% | 4.70M | $56.22M |
| 5 | State Street Corporation | 15.55% | 4.52M | $54.02M |
| 6 | Defiance Etfs, LLC | 15.47% | 4.50M | $53.76M |
| 7 | Marex Group Plc | 15.45% | 4.49M | $53.69M |
| 8 | Penserra Capital Management LLC | 11.53% | 3.35M | $40.06M |
| 9 | Morgan Stanley | 7.99% | 2.32M | $27.76M |
| 10 | Mirae Asset Global ETFs Holdings Ltd. | 7.58% | 2.20M | $26.35M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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