Quantum Computing (QUBT) Operating Expenses (2018 - 2026)

Quantum Computing (QUBT) posted quarterly Operating Expenses of $19.8 million for Q1 2026, up 138.93% year-over-year from $8.3 million in Q1 2025, and down 10.35% on a QoQ basis from $22.1 million in Q4 2025.

Quantum Computing (QUBT) Operating Expenses (2018 - 2026) Analysis & Trends

Quantum Computing (QUBT) has reported Operating Expenses for 9 consecutive years, with $19.8 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 138.93% year-over-year to $19.8 million; the TTM figure through Mar 2026 stood at $62.7 million (up 123.68% YoY), while the FY2025 annual figure was $51.1 million, up 96.34% from the prior year.
  • Operating Expenses came in at $19.8 million for Q1 2026 at Quantum Computing, down from $22.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $25.1 million in Q4 2023, with the low at $537000.0 in Q2 2023.
  • Average Operating Expenses over 5 years is $9.7 million, with a median of $6.8 million recorded in 2022.
  • Across the five-year window, Operating Expenses slumped 88.97% in 2023 and surged 891.62% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $10.3 million in 2022, then jumped by 143.98% to $25.1 million in 2023, then sank by 64.31% to $8.9 million in 2024, then jumped by 147.18% to $22.1 million in 2025, then fell by 10.35% to $19.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $19.8 million, $22.1 million, and $10.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 551.00 Mn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 4.13 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 519.00 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 486.00 Mn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 2.11 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 703.39 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 2.40 Bn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 392.81 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 347.49 Mn
10 Quantum Computing 2.11 Bn 2.11 Bn -721,000.00 19.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.83 Mn
Dec 31, 2025 22.12 Mn
Sep 30, 2025 10.53 Mn
Jun 30, 2025 10.20 Mn
Mar 31, 2025 8.30 Mn
Dec 31, 2024 8.95 Mn
Sep 30, 2024 5.45 Mn
Jun 30, 2024 5.33 Mn
Mar 31, 2024 6.33 Mn
Dec 31, 2023 25.07 Mn
Sep 30, 2023 6.64 Mn
Jun 30, 2023 537,000.00
Mar 31, 2023 6.16 Mn
Dec 31, 2022 10.28 Mn
Sep 30, 2022 6.85 Mn
Jun 30, 2022 4.87 Mn
Mar 31, 2022 6.73 Mn
Dec 31, 2021 4.63 Mn
Sep 30, 2021 4.78 Mn
Jun 30, 2021 4.33 Mn