Quantum Computing (QUBT) Operating Expenses (2018 - 2026)
Quantum Computing (QUBT) recorded quarterly Operating Expenses of $19.8 million in Q1 2026, down 10.35% quarter-over-quarter from $22.1 million in Q4 2025, and up 138.93% on a YoY basis from $8.3 million in Q1 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 was $19.8 million for Q1 2026 at Quantum Computing, down from $22.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $25.1 million in Q4 2023 to a low of $537000.0 in Q2 2023.
- Historically, Operating Expenses has averaged $9.7 million across 5 years, with a median of $6.8 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 88.97% in 2023, then surged 891.62% in 2024.
- A 5-year view of Operating Expenses shows it stood at $10.3 million in 2022, then jumped by 143.98% to $25.1 million in 2023, then plunged by 64.31% to $8.9 million in 2024, then jumped by 147.18% to $22.1 million in 2025, then slipped by 10.35% to $19.8 million in 2026.
- The last three Operating Expenses figures came in at $19.8 million (Q1 2026), $22.1 million (Q4 2025), and $10.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 3.64 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 551.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 2.11 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 486.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 392.81 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 652.89 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 2.40 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 336.18 Mn |
| 10 | Quantum Computing | 2.23 Bn | 2.23 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 |