
Quantum Computing (QUBT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
39.0K
Gross Profit
13.0K
33.33%
Operating Income
-8.3M
-21,246.15%
Net Income
17.0M
43,543.59%
EPS (Diluted)
$0.11
Balance Sheet Metrics
Total Assets
242.5M
Total Liabilities
21.7M
Shareholders Equity
220.8M
Debt to Equity
0.10
Cash Flow Metrics
Operating Cash Flow
19.9M
Free Cash Flow
-6.2M
Revenue & Profitability Trend
Quantum Computing Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 373.0K | 358.0K | 136.0K | 0 | 0 |
Cost of Goods Sold | 261.0K | 196.0K | 61.0K | 0 | 0 |
Gross Profit | 112.0K | 162.0K | 75.0K | 0 | 0 |
Gross Margin % | 30.0% | 45.3% | 55.1% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | 11.3M | 8.9M | 5.2M | 2.6M | 1.5M |
Selling, General & Administrative | 14.7M | 17.5M | 23.5M | 14.5M | 15.8M |
Other Operating Expenses | - | - | - | -218.4K | -17.5K |
Total Operating Expenses | 26.0M | 26.4M | 28.7M | 16.9M | 17.3M |
Operating Income | -25.9M | -26.2M | -28.6M | -16.9M | -17.3M |
Operating Margin % | -6,953.6% | -7,330.4% | -21,062.5% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | 423.0K | 295.0K | 47.0K | 7.4K | 980.8K |
Interest Expense | 2.5M | 1.6M | 772.0K | 11.0M | 8.8M |
Other Non-Operating Income | -40.5M | 528.0K | 3.4M | - | 425.0K |
Pre-tax Income | -68.5M | -27.0M | -26.0M | -27.9M | -24.7M |
Income Tax | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net Income | -68.5M | -27.0M | -26.0M | -27.9M | -24.7M |
Net Margin % | -18,375.9% | -7,548.0% | -19,101.5% | 0.0% | 0.0% |
Key Metrics | |||||
EBITDA | -21.7M | -22.6M | -26.7M | -16.9M | -16.3M |
EPS (Basic) | - | $-0.42 | $-0.69 | $-0.96 | $-0.88 |
EPS (Diluted) | - | $-0.42 | $-0.69 | $-0.96 | $-0.88 |
Basic Shares Outstanding | - | 66611000 | 55963334 | 29156815 | 27966096 |
Diluted Shares Outstanding | - | 66611000 | 55963334 | 29156815 | 27966096 |
Income Statement Trend
Quantum Computing Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 78.9M | 2.1M | 5.3M | 16.7M | 15.2M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 27.0K | 65.0K | 13.0K | 0 | - |
Inventory | 18.0K | 73.0K | 0 | - | - |
Other Current Assets | 161.0K | 180.0K | 129.0K | 18.1K | - |
Total Current Assets | 79.2M | 2.7M | 5.4M | 17.2M | 15.2M |
Non-Current Assets | |||||
Property, Plant & Equipment | 1.6M | 1.1M | 1.3M | 18.1K | 40.3K |
Goodwill | 120.1M | 123.2M | 126.3M | 0 | - |
Intangible Assets | 9.0M | 12.1M | 15.2M | - | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 129.0K | 129.0K | 60.0K | - | - |
Total Non-Current Assets | 74.4M | 71.7M | 73.1M | 62.5K | 31.0K |
Total Assets | 153.6M | 74.4M | 78.5M | 17.3M | 15.3M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 1.4M | 1.5M | 872.0K | 464.9K | 366.7K |
Short-term Debt | - | 1.9M | 535.7K | 18.1K | 218.4K |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 974.0K | 786.0K | 760.0K | 3.4K | - |
Total Current Liabilities | 4.6M | 4.8M | 4.6M | 1.1M | 693.2K |
Non-Current Liabilities | |||||
Long-term Debt | 1.2M | 840.0K | 8.3M | - | - |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | 41.7M | 840.0K | 8.8M | 0 | 0 |
Total Liabilities | 46.3M | 5.7M | 13.4M | 1.1M | 693.2K |
Equity | |||||
Common Stock | 13.0K | 8.0K | 6.0K | 2.9K | 2.8K |
Retained Earnings | -200.5M | -131.9M | -104.1M | -81.4M | -53.5M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 107.3M | 68.7M | 65.1M | 16.2M | 14.6M |
Key Metrics | |||||
Total Debt | 1.2M | 2.8M | 8.8M | 18.1K | 218.4K |
Working Capital | 74.6M | -2.2M | 857.0K | 16.1M | 14.5M |
Balance Sheet Composition
Quantum Computing Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | -68.5M | -27.0M | -26.0M | -27.9M | -24.7M |
Depreciation & Amortization | 3.8M | 3.3M | 1.9M | 9.0K | 6.6K |
Stock-Based Compensation | 5.8M | 4.6M | 11.7M | 10.2M | 11.2M |
Working Capital Changes | -48.0K | 482.6K | 325.2K | 101.5K | 148.4K |
Operating Cash Flow | -56.9M | -17.7M | -11.5M | -17.6M | -13.3M |
Investing Activities | |||||
Capital Expenditures | -6.0M | -2.1M | -870.0K | -19.4K | -12.0K |
Acquisitions | - | 0 | -1.4M | - | - |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | - | - | - |
Investing Cash Flow | -6.0M | -2.6M | -3.6M | -22.5K | -12.0K |
Financing Activities | |||||
Share Repurchases | -4.1M | - | - | - | - |
Dividends Paid | -215.0K | -865.0K | -787.0K | - | - |
Debt Issuance | - | 0 | 7.0M | 0 | 218.4K |
Debt Repayment | - | -6.2M | 0 | -218.4K | -1.6M |
Financing Cash Flow | 99.1M | 17.7M | 6.4M | 8.4M | 26.6M |
Free Cash Flow | -22.2M | -20.4M | -16.2M | -6.8M | -11.6M |
Net Change in Cash | 36.2M | -2.7M | -8.6M | -9.2M | 13.3M |
Cash Flow Trend
Quantum Computing Key Financial Ratios
Valuation Ratios
Forward P/E
-52.03
Price to Book
10.03
Price to Sales
6,697.09
PEG Ratio
-52.03
Profitability Ratios
Profit Margin
30.03%
Operating Margin
-21,246.16%
Return on Equity
-31.29%
Return on Assets
-10.84%
Financial Health
Current Ratio
44.69
Debt to Equity
0.48
Beta
4.10
Per Share Data
EPS (TTM)
$-0.54
Book Value per Share
$1.61
Revenue per Share
$0.00
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
qubt | 2.6B | - | 10.03 | -31.29% | 30.03% | 0.48 |
Arista Networks | 174.9B | 54.58 | 16.10 | 33.64% | 40.90% | 0.00 |
Dell Technologies | 93.1B | 21.54 | -31.49 | -331.07% | 4.72% | -9.80 |
D-Wave Quantum | 5.8B | - | 71.91 | -154.89% | 63.02% | 18.54 |
Rigetti Computing | 5.0B | - | 21.38 | -85.28% | 52.80% | 4.06 |
Seagate Technology | 32.0B | 22.22 | -70.41 | -324.28% | 16.15% | -11.86 |
Financial data is updated regularly. All figures are in the company's reporting currency.