Quantum Computing (QUBT) Operating Expenses (2018 - 2026)
Quantum Computing (QUBT) posted Operating Expenses of $21.8 million for Q2 2026, up 10.18% on a QoQ basis from $19.8 million in Q1 2026, and up 114.25% year-over-year from $10.2 million in Q2 2025.
Analysis
Quantum Computing (QUBT) Operating Expenses (2018 - 2026) Analysis & Trends
Quantum Computing has reported Operating Expenses for 9 years, with the latest figure at $21.8 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 114.25% year-over-year to $21.8 million in Q2 2026; TTM through Jun 2026 was $74.3 million, a 125.97% increase from a year earlier, with the FY2025 full-year figure at $51.1 million, up 96.34% from the prior year.
- Operating Expenses was $21.8 million for Q2 2026 at Quantum Computing, up from $19.8 million in the prior quarter.
- The five-year high for Operating Expenses was $22.1 million in Q4 2025, with the low at $4.9 million in Q2 2022.
- Average Operating Expenses over 5 years is $9.7 million, with a median of $6.9 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses plunged 35.88% in 2023, then jumped 147.18% in 2025.
- Over 5 years, Operating Expenses stood at $10.3 million in 2022, then tumbled by 35.88% to $6.6 million in 2023, then soared by 35.8% to $8.9 million in 2024, then surged by 147.18% to $22.1 million in 2025, then dropped by 1.23% to $21.8 million in 2026.
- The last three Operating Expenses figures came in at $21.8 million (Q2 2026), $19.8 million (Q1 2026), and $22.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 417.29 Mn |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 54.98 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | 30.25 Mn |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | 21.85 Mn |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 32.49 Mn |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | 13.24 Mn |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | 3.43 Mn |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | 7.18 Mn |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 31.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.85 Mn |
| 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 | 6.59 Mn |
| Sep 30, 2023 | 6.64 Mn |
| Jun 30, 2023 | 7.02 Mn |
| 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 |