# Quantum Computing Inc.: Form 10-Q for the period ended Sep 30, 2025

- Company: [Quantum Computing Inc.](/companies/qubt.md) (CIK 1758009)
- Form: 10-Q
- Filed: 2025-11-14
- Accepted by EDGAR: Nov 14, 2025, 16:02 ET
- Period: 2025-09-30
- Accession: 0001213900-25-110814
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1758009/000121390025110814/ea0264309-10q_quantum.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1758009/000121390025110814/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2025-09-30.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 3 months, 2025-07-01 to 2025-09-30 | $384.0k | us-gaap:Revenues |
| Revenue | 9 months, 2025-01-01 to 2025-09-30 | $484.0k | us-gaap:Revenues |
| Cost of revenue | 3 months, 2025-07-01 to 2025-09-30 | $258.0k | us-gaap:CostOfRevenue |
| Cost of revenue | 9 months, 2025-01-01 to 2025-09-30 | $319.0k | us-gaap:CostOfRevenue |
| Gross profit | 3 months, 2025-07-01 to 2025-09-30 | $126.0k | us-gaap:GrossProfit |
| Gross profit | 9 months, 2025-01-01 to 2025-09-30 | $165.0k | us-gaap:GrossProfit |
| Research and development | 3 months, 2025-07-01 to 2025-09-30 | $4.5m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months, 2025-01-01 to 2025-09-30 | $13.5m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 3 months, 2025-07-01 to 2025-09-30 | −$10.4m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months, 2025-01-01 to 2025-09-30 | −$28.9m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months, 2025-07-01 to 2025-09-30 | $4.0k | us-gaap:InterestExpenseNonoperating |
| Interest expense | 9 months, 2025-01-01 to 2025-09-30 | $120.0k | us-gaap:InterestExpenseNonoperating |
| Net income | 3 months, 2025-07-01 to 2025-09-30 | $2.4m | us-gaap:NetIncomeLoss |
| Net income | 9 months, 2025-01-01 to 2025-09-30 | −$17.1m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months, 2025-07-01 to 2025-09-30 | $0.01 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months, 2025-01-01 to 2025-09-30 | −$0.12 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months, 2025-07-01 to 2025-09-30 | $0.01 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months, 2025-01-01 to 2025-09-30 | −$0.12 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months, 2025-07-01 to 2025-09-30 | 166,833,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months, 2025-01-01 to 2025-09-30 | 145,752,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months, 2025-01-01 to 2025-09-30 | −$19.3m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months, 2025-01-01 to 2025-09-30 | $5.5m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2025-09-30 | $352.4m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2025-09-30 | $562.8m | us-gaap:AssetsCurrent |
| Total assets | at 2025-09-30 | $898.2m | us-gaap:Assets |
| Current liabilities | at 2025-09-30 | $3.6m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2025-09-30 | $20.3m | us-gaap:Liabilities |
| Shareholders' equity | at 2025-09-30 | $877.9m | us-gaap:StockholdersEquity |

## Sections

The sections of this filing are being extracted from EDGAR and appear here in about a minute. Meanwhile, read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/1758009/000121390025110814/ea0264309-10q_quantum.htm

Filed Nov 14, 2025.
Source: SEC EDGAR, the filing index for accession 0001213900-25-110814. Last ingested by Listed: Nov 10, 2026, 02:08 ET. No prices; not investment advice.