Quantum Computing Inc. filed its quarterly report on Form 10-Q with the SEC for the period ended June 30, 2026, disclosing revenue, balance sheet data, and share counts as of August 7, 2026.

Key Highlights

  • Revenue growth: Revenue reached $5,551 thousand for the three months ended June 30, 2026, compared to $61 thousand in the same period of 2025.
  • Six-month revenue: Revenue for the six months ended June 30, 2026 was $9,242 thousand, up from $100 thousand in the prior-year period.
  • Cost of revenue exceeded revenue: Cost of revenue was $6,717 thousand for Q2 2026 and $11,129 thousand for the six-month period, both exceeding corresponding revenue figures.
  • Total assets: Total assets stood at $1,639,203 thousand as of June 30, 2026, compared to $1,618,920 thousand at December 31, 2025.
  • Accumulated deficit: The accumulated deficit increased to $234,959 thousand as of June 30, 2026, from $219,156 thousand at December 31, 2025.
  • Cash position: Cash and cash equivalents were $189,150 thousand at June 30, 2026, down from $737,880 thousand at December 31, 2025.
  • Shares outstanding: As of August 7, 2026, there were 226,346,861 shares of common stock outstanding.

Quantum Computing Inc. Q2 2026: Revenue Surges While Costs and Deficit Widen

Quantum Computing Inc. (NASDAQ: QUBT), a Delaware corporation headquartered at 5 Marine View Plaza, Suite 214, Hoboken, NJ, disclosed its unaudited condensed consolidated financial results for the quarter and six months ended June 30, 2026. According to the filing, revenue for the three months ended June 30, 2026 was $5,551 thousand, a sharp increase from $61 thousand reported in the comparable prior-year quarter. For the six-month period, the company reported revenue of $9,242 thousand versus $100 thousand in the first half of 2025.

The filing also shows that cost of revenue for the three months ended June 30, 2026 was $6,717 thousand, exceeding the $5,551 thousand in revenue for the same period. For the six months ended June 30, 2026, cost of revenue was $11,129 thousand against $9,242 thousand in revenue. The accumulated deficit grew from $219,156 thousand at December 31, 2025 to $234,959 thousand at June 30, 2026, according to the balance sheet. Total stockholders' equity was reported at $1,592,038 thousand as of June 30, 2026.

On the balance sheet, the company reported total assets of $1,639,203 thousand at June 30, 2026. Short-term investments were $765,020 thousand and long-term investments were $369,284 thousand, while cash and cash equivalents declined to $189,150 thousand from $737,880 thousand at year-end 2025. Goodwill increased to $181,455 thousand from $55,573 thousand, and intangible assets, net, rose to $29,107 thousand from $6,500 thousand, which the filing attributes to activity reflected in the balance sheet. The company also disclosed derivative liabilities of $6,279 thousand and operating lease liabilities of $21,102 thousand as of June 30, 2026. The filing notes that forward-looking statements contained in the report are subject to the company's cautionary language and known and unknown risks.

What Was Disclosed

Quantum Computing Inc. filed its Form 10-Q for the quarter ended June 30, 2026, reporting revenue of $5,551 thousand for Q2 2026, a growing accumulated deficit of $234,959 thousand, total assets of $1,639,203 thousand, and 226,346,861 common shares outstanding as of August 7, 2026.