Loading...
•
Jun 30, 2025
Quantum Computing Inc Q2 2025 Earnings Report
Quantum Computing Inc. reported a significant year-over-year net loss increase in Q2 2025, primarily due to a non-cash derivative adjustment.
Key Takeaways
QCi posted $61,000 in revenue for the quarter and a net loss of $36.5 million, largely driven by a $28 million non-cash mark-to-market loss related to a warrant derivative liability. Despite the financial loss, the company made progress in commercial deployments and operational scaling.
Revenue was $61,000, down from $183,000 YoY
Net loss widened to $36.5 million due to $28M non-cash charge
Operating expenses nearly doubled YoY to $10.2 million
Ended the quarter with $348.8 million in cash following a $188 million capital raise
Forward Guidance
The company did not provide specific financial guidance but emphasized growing commercial traction, international shipments, and strategic partnerships.
Positive Outlook
- Shipped first entangled photon source to South Korea
- Secured order from Delft University for quantum sensing
- First U.S. sale of quantum cybersecurity solution
- Expanded leadership team to support commercialization
- Opened operational chip foundry in Arizona
Challenges Ahead
- Net loss increased significantly YoY
- Operating expenses nearly doubled
- Revenue declined YoY
- Heavily impacted by non-cash derivative liability
- Still early in commercial adoption with limited revenues
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...