Quantum Computing (QUBT) Cash from Operations (2018 - 2026)
Quantum Computing (QUBT) posted Cash from Operations of -$13.9 million for Q2 2026, down 47.24% on a QoQ basis from -$9.4 million in Q1 2026, and down 127.33% year-over-year from $50.8 million in Q2 2025.
Analysis
Quantum Computing (QUBT) Cash from Operations (2018 - 2026) Analysis & Trends
Quantum Computing has reported Cash from Operations for 9 years, with the latest figure at -$13.9 million in Q2 2026.
- On a quarterly basis, Cash from Operations fell 127.33% year-over-year to -$13.9 million in Q2 2026; TTM through Jun 2026 was -$43.1 million, a 128.0% decrease from a year earlier, with the FY2025 full-year figure at -$30.3 million, down 86.85% from the prior year.
- Cash from Operations was -$13.9 million for Q2 2026 at Quantum Computing, down from -$9.4 million in the prior quarter.
- The five-year high for Cash from Operations was -$2.1 million in Q4 2022, with the low at -$13.9 million in Q2 2026.
- Average Cash from Operations over 5 years is -$5.7 million, with a median of -$4.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Cash from Operations sank 306.72% in 2022, then rose 24.02% in 2024.
- Over 5 years, Cash from Operations stood at -$2.1 million in 2022, then sank by 132.35% to -$5.0 million in 2023, then rose by 24.02% to -$3.8 million in 2024, then slumped by 191.89% to -$11.0 million in 2025, then decreased by 25.94% to -$13.9 million in 2026.
- The last three Cash from Operations figures came in at -$13.9 million (Q2 2026), -$9.4 million (Q1 2026), and -$11.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | -103.76 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | -28.50 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | -15.78 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | -13.87 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 13.19 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | -4.27 Mn |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | -5.11 Mn |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | -23.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.87 Mn |
| Mar 31, 2026 | -9.42 Mn |
| Dec 31, 2025 | -11.02 Mn |
| Sep 30, 2025 | -8.74 Mn |
| Jun 30, 2025 | -6.10 Mn |
| Mar 31, 2025 | -4.43 Mn |
| Dec 31, 2024 | -3.77 Mn |
| Sep 30, 2024 | -4.58 Mn |
| Jun 30, 2024 | -4.01 Mn |
| Mar 31, 2024 | -3.85 Mn |
| Dec 31, 2023 | -4.97 Mn |
| Sep 30, 2023 | -4.43 Mn |
| Jun 30, 2023 | -4.62 Mn |
| Mar 31, 2023 | -4.30 Mn |
| Dec 31, 2022 | -2.14 Mn |
| Sep 30, 2022 | -4.29 Mn |
| Jun 30, 2022 | -4.75 Mn |
| Mar 31, 2022 | -4.19 Mn |
| Dec 31, 2021 | -1.96 Mn |
| Sep 30, 2021 | -2.19 Mn |