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
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 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