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% quarter-over-quarter from $22.1 million in Q4 2025.

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

Quantum Computing's Operating Expenses history runs 9 years deep, the most recent figure standing at $19.8 million for 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 for Q1 2026 stood at $19.8 million, down from $22.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $22.1 million in Q4 2025, with the low at $427000.0 in Q1 2023.
  • The 5-year median for Operating Expenses is $6.7 million (2022), against an average of $8.2 million.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 93.65% in 2023, then surged 1382.44% in 2024.
  • Quantum Computing's Operating Expenses stood at $10.3 million in 2022, then tumbled by 35.88% to $6.6 million in 2023, then jumped by 35.8% to $8.9 million in 2024, then soared by 147.18% to $22.1 million in 2025, then decreased by 10.35% to $19.8 million in 2026.
  • Business Quant data shows QUBT's Operating Expenses at $19.8 million in Q1 2026, $22.1 million in Q4 2025, and $10.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 278.57 Bn 266.99 Bn 7.78 Bn 4.13 Bn
2 Arista Networks 232.75 Bn 220.40 Bn 1.68 Bn 519.00 Mn
3 Sandisk 190.63 Bn 186.89 Bn 4.66 Bn 551.00 Mn
4 Seagate Technology Holdings 186.50 Bn 185.35 Bn 1.45 Bn 2.11 Bn
5 Western Digital 184.00 Bn 180.76 Bn 1.68 Bn 486.00 Mn
6 Everpure 26.61 Bn 25.11 Bn 723.33 Mn 703.39 Mn
7 Hp 24.78 Bn 21.08 Bn 3.02 Bn 2.40 Bn
8 Super Micro Computer 17.22 Bn 15.93 Bn 1.02 Bn 392.81 Mn
9 Logitech International 16.90 Bn 15.15 Bn 607.94 Mn 349.39 Mn
10 Quantum Computing 1.97 Bn 1.97 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 6.59 Mn
Sep 30, 2023 6.64 Mn
Jun 30, 2023 537,000.00
Mar 31, 2023 427,000.00
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