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| 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 | 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 |