QUBT · Quantum Computing Inc.
Quantum Computing — photonic / entropy-computing (TFLN integrated photonics, full-stack aspirant)
QUBT·Quantum Computing — photonic / entropy-computing (TFLN integrated photonics, full-stack aspirant)
Quantum Computing Inc.

Quantum Computing Inc.

ConvictionWeak

Hardware + foundry: sells entropy-quantum optimization machines (Dirac series), TFLN photonic-chip foundry services (Fab 1, Tempe AZ), and — post-acquisition — photonic components (lasers, photodiodes, packaging) and quantum-cybersecurity products; primarily project/government contracts + early foundry pre-orders, not yet recurring commercial scale.

Revenue
$3.7MQ1 FY26); $0.68M (FY25
Rev growth
+9,400% YoY Q1 FY26$3.7M vs $39K Q1 FY25) — distorted by the LSI acquisition; FY25 organic base was ~$0.68M
Gross margin
Negative — Q1 FY26 gross loss of$0.72M) on $3.7M revenue
Op margin
Deeply negative — FY25 operating margin ~ -7,489%Q1 FY26 opex $19.8M vs $3.7M revenue
Capex intensity
Elevated — Fab 1 buildoutTempe TFLN foundry) + Fab 2 planned; $110M cash acquisition of Luminar Semiconductor (Feb 2026
Market cap
~$2.1B225.5M sh × ~$9.18, Jun 2026

Price · 1-year trend

real · weekly
$9.18-47% 1yUSD
52-week range
$7 – $25
52w lowas of 2026-06-28 · Yahoo Finance52w high
The read

Where our coverage leans

Coverage leans bearish

Sign in free to read the bull & bear take — Pro unlocks the full dossier.

Members only

Full financial intelligence for Quantum Computing Inc.

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

  • Income statement & margin structure
  • SWOT, moats & dependency map
  • Supplier–customer ecosystem graph
  • Signals, trends & valuation range
See plans
Not investment advice — analyst work product for a qualified professional.· intel vintage Q2 2026· sign in (free) for the analyst summary; Pro unlocks full intelligence
QAIFinance