Quantum Computing Inc. (QUBT)

Nasdaq: QUBT · Services-Prepackaged Software · Hoboken, NJ · filing with the SEC since 2019

Full chart Alerts Compare

Grade5.3

◀ Past 3.9● Present 3.6▶ Future 7.7

2 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Quantum Computing Inc.

Nine metrics read from its own filings, by tense

Headline grade

5.3/10

◀ Past3.925% of the headline

● Present3.635% of the headline

▶ Future7.740% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.9/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed

0.1/10

Has it survived what it has been through?

10 warning events since 2019; the latest 2024-08-22.

weight 22% of this tense · 2nd percentile among 230 sector filers · read for itself

From the record

Quantum Computing Inc.'s filings since 2019 show 10 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2024-08-22); a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-08-12); an auditor change (8-K item 4.01, 3 times, the latest 2024-06-11); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2024-05-15) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

8.0/10

What has it actually done, year after year?

+71.1% a year over 4 filed years; profit years unseen.

weight 45% of this tense · 80th percentile among 213 sector filers · read for its customers

From the record

Quantum Computing Inc.'s 4 filed years say what it did: revenue went from $136 thousand in fiscal 2022 to $682 thousand in fiscal 2025, up 71.1% a year; it rose in 3 of 3 years; it never fell from a peak (its annual reports).

What it rests on

revenue growth over the filed span71.1%top 5% of its family
the share of years revenue rosetop 27% of its family
the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate

0.8/10

How has it treated the people who own it?

SI estimate 0.8/10, confidence 35 of 100 (one part).

weight 33% of this tense · 8th percentile among 216 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: Read from one part only, the share count over the years, which ranks in the bottom 8% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read: Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned: one part: the share count over the years, the one part on file, ranked among 216 in its family.
Confidence: 35 of 100
What would change it: A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Quantum Computing Inc.'s shareholder treatment is put at 0.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 8% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.6/1035% of the headline grade · 3 of 3 filed

Financial health

as filed

3.7/10

Is it financially healthy right now?

Leverage 1%: owes 1¢ per asset dollar.

weight 45% of this tense · 37th percentile among 217 sector filers · read for itself

From the record

gross profitability: Quantum Computing Inc.'s products earned about 0 cents per dollar of everything the company owns. Leverage: it owed about 1 cents per dollar of assets, and net share issuance: its share count grew 75.2% over the year (the filed statements).

What it rests on

what it owes per dollar of assetstop 1% of its family
gross profit against assetsbottom 1% of its family
the share count against the year beforebottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

4.9/10

How strong is its position in its industry?

bottom 49% of 218 in its family.

weight 33% of this tense · 49th percentile among 218 sector filers · read for its customers

From the record

Quantum Computing Inc.'s standing among 218 graded names in its industry family: revenue of $682 thousand in fiscal 2025 ranks in the bottom 3% by size; revenue growth of 71.1% a year over the last 3 filed years ranks in the top 4% (its annual reports).

What it rests on

revenue against the family$682,000bottom 3% of its family
three-year revenue growth71.1%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed

1.4/10

What are the people in charge doing?

bottom 14% of 139 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 14th percentile among 139 sector filers · read for its shareholders

From the record

Quantum Computing Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Huang, Yuping (CEO and President, as filed), filing under that title since 2025-07-02, 1.4 years (bottom 19% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 3.2 years (bottom 15%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 9%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

officer and director changes on Form 8-K, against the people in charge11 in three years among 10 peoplebottom 9% of its family
the median years the people in charge have filed3.2 yearsbottom 15% of its family
the chief executive's years on the record1.4 yearsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.7/1040% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed

4.8/10

How much room does it have to grow?

bottom 48% of 216 in its family for room to expand.

weight 22% of this tense · 48th percentile among 216 sector filers · read for itself

From the record

Quantum Computing Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $738 million against no long-term debt tagged leaves 45.6% of its assets as net cash, top 11% of its family; cash from operations less capital spending is -5422.9% of revenue (bottom 1%); a gross margin of 9.8% (bottom 2%); research spending of 3001.9% of revenue (top 1%) (its annual report).

What it rests on

cash less debt against assets45.6%top 11% of its family
cash from operations less capital spending against revenue-5422.9%bottom 1% of its family
gross margin9.8%bottom 2% of its family
research spending against revenue3001.9%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

8.9/10

What could actually drive growth from here?

top 11% of 213 in its family for growth drivers.

weight 45% of this tense · 89th percentile among 213 sector filers · read for its customers

From the record

Quantum Computing Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 71.1% a year over the last three filed years against 71.1% over all 4, speeding up (top 27% of its family); the newest year grew 82.9% (top 5%); research spending grew 57.7% a year (top 5%); capital spending grew 97.3% a year (top 7%) (its annual reports). Quantum Computing Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

three-year growth against the whole span+0.0 points a yeartop 27% of its family
the newest year's revenue growth82.9%top 5% of its family
three-year growth of research spending57.7%top 5% of its family
three-year growth of capital spending97.3%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate

8.1/10

Did its newest year beat what its own record pointed to?

SI estimate 8.1/10, confidence 35 of 100 (one part).

weight 33% of this tense · 81st percentile among 195 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: Read from one part only, revenue against the prior three years' pace, which ranks in the top 19% of 195 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
What the record cannot read: The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned: one part: revenue against the prior three years' pace, the one part on file, ranked among 195 in its family.
Confidence: 35 of 100
What would change it: A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Quantum Computing Inc.'s expectations vs reality is put at 8.1 of 10 with a confidence of 35 of 100, because read from one part only, revenue against the prior three years' pace, which ranks in the top 19% of 195 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change. A filing that carries the missing parts replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton QUBT · research, not advice