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| Date | Value |
|---|---|
| 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 |