Quantum Computing (QUBT)
NASDAQ:QUBT
Want to see QUBT full AI Analyst Report?
Earnings Data
Report Date
Aug 19, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.26Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reflects strong strategic momentum—completion of two acquisitions that materially expand photonics, manufacturing, and quantum communications capabilities; a first commercial data-center Dirac deployment; internal progress on next-generation products; and a very strong balance sheet with $1.4B of cash and investments. Near-term results are impacted by large integration and ramp costs (operating expenses, one-time M&A fees), underutilized fabrication capacity depressing margins, and an engineering milestone to reach Q>10M for gate-based photonics. Given ample liquidity and clear strategic advances that outweigh current expense-driven near-term losses, the overall tone is constructive.Company Guidance
Substantial Revenue Increase Driven by Acquisitions
Q1 revenue totaled $3.7M versus $39K in the year-ago quarter, an increase of ~9,387% year-over-year, driven primarily by the Lumina Semiconductor (LSI) acquisition in February and NuCrypt in March. Excluding those acquisitions, organic revenue was $204K (primarily foundry deliveries and an R&D subcontract for NASA).
Strategic Acquisitions Completed
Closed two key transactions in the quarter: Lumina Semiconductor, Inc. (LSI) and NuCrypt LLC. LSI adds lasers, detectors, advanced packaging, testing, and three subsidiaries (Freedom Photonics with ~25 patents; EM4 cleanroom serving U.S. government and European defense/space; Opto Gration chip manufacturing). NuCrypt contributes patents in quantum optics, RF photonics and has customers including NASA and the U.S. Army Research Lab.
Strong Balance Sheet and Financial Position
Cash, cash equivalents and investments of $1.4B at 03/31/2026 (down slightly from $1.5B at 12/31/2025). Total assets and stockholders’ equity remained about $1.6B. Contract backlog reported at $16M as of March 31, and management reports pickup in pipeline and BD activity post-acquisitions.
Interest Income and Asset Yield Improvement
Interest income rose to $13.5M in Q1 2026 from $1.7M in the prior-year period, an increase of ~694%, reflecting higher yields on invested cash balances.
Foundry (Fab One) Ramping and Early Revenue
Fab One has begun small-batch manufacturing and generated early foundry revenue; foundry-related sales in the quarter were approximately $120K (a roughly 4–5x increase over 2025 foundry revenue), supporting Fab Two planning for scale.
Technology and Commercial Progress
Next-generation Dirac optimization machine is in internal testing and being prepared for early users. Partnership with Quantum Corridor placed a Dirac-3 in a commercial data center—described as the first such data center installation—advancing commercial deployment strategy. Gate-based photonic R&D is progressing (testing photonic integrated circuits), positioning a scalable, room-temperature, chip-integrated approach.
QUBT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QUBT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $10.18 | $11.78 | +15.72% |
Mar 02, 2026 | $8.59 | $7.73 | -10.01% |
Nov 14, 2025 | $10.60 | $11.50 | +8.49% |
Aug 14, 2025 | $15.38 | $15.32 | -0.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Quantum Computing (QUBT) report earnings?
Quantum Computing (QUBT) is schdueled to report earning on Aug 19, 2026, After Close (Confirmed).
What is Quantum Computing (QUBT) earnings time?
Quantum Computing (QUBT) earnings time is at Aug 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QUBT EPS forecast?
QUBT EPS forecast for the fiscal quarter 2026 (Q2) is -0.03.
