Quantum Computing, Inc.

Quantum Computing, Inc.

QUBTยทNASDAQ

$11.20

-9.6%
TechnologyComputer Hardware

Quantum Computing, Inc. focuses on providing software tools and applications for quantum computers in Virginia. The company offers Qatalyst, a quantum application accelerator that enables developers to create and execute quantum-ready applications on conventional computers, while being ready to run on quantum computers as well as provides multiple quantum processing units including DWave, Rigetti, and IonQ. It focuses on serving commercial and government entities. The company, formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2018 and is based in Leesburg, Virginia.

At a Glance

Live Snapshot
Market Cap$1.53B
EPS-0.1100
P/E Ratio-101.82
Earnings Date08/13/2026
3Y+97.0%
5Y+163.0%
10Y-8542.0%
3Y+35315.0%
5Y+6584106.0%
10Y+6355838.0%
3Y+23836.0%
5Y+5445.0%
10Y-573358.0%
QUBT

Quantum Computing, Inc. Cash Conversion Engine

QUBT ยท NASDAQ
Net Income-18.67M
Depreciation & Amortization4.94M
Stock-Based Compensation8.66M
Change in Working Capital-13.49M
Others-11.73M
Capital Expenditures-6.69M
Free Cash Flow-36.98M

Cash Flow Quality Analysis

FCF Conversion Rate

198.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-22.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-66.2%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$13.49M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Quantum Computing, Inc. Cash Flow Statement

QUBT โ€ข NASDAQ

Quantum Computing, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2012Dec 2011Dec 2010
OPERATING ACTIVITIES
-18.7M
-68.5M
-27M
-26M
-27.9M
-24.7M
-8.4M
-10.5M
-175K
221.7K
131.4K
-1M
4.9M
3.8M
3.3M
1.9M
9K
6.6K
2.6K
4M
0.0
3.5K
3.6K
6.1K
0.0
0.0
0.0
0.0
0.0
0.0
4.9M
0.0
0.0
0.0
0.0
0.0
8.7M
5.8M
4.6M
11.7M
10.2M
11.2M
214.9K
4.2M
0.0
0.0
0.0
0.0
-11.7M
42.2M
681K
-2.8M
10.7M
1.9M
803.3K
-150K
173.5K
32.6K
44.9K
245.4K
-13.5M
518K
164K
-169K
147.2K
84.8K
228.8K
118.9K
1.5K
101.1K
-187.7K
562.3K
-30.3M
-16.2M
-18.3M
-15.4M
-6.8M
-11.5M
-2.2M
-2.4M
0.0
358.9K
-7.8K
-187.3K
INVESTING ACTIVITIES
-6.7M
-6M
-2.1M
-870K
-19.4K
-12K
-21.3K
-7K
(0.0)
-12.4K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.2B
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
416.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-7K
0.0
-500K
0.0
-3.1K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-788.3M
-6M
-2.6M
-2.2M
-22.5K
-12K
-21.3K
-7K
(0.0)
-12.4K
(0.0)
(0.0)
FINANCING ACTIVITIES
1.5B
106.8M
24.7M
0.0
8.6M
27.9M
2.2M
1.1M
0.0
0.0
0.0
0.0
0.0
-3.3M
-6.2M
7M
-218.4K
-1.4M
-1.6M
3.1M
0.0
-257.7K
0.0
-104.8K
(0.0)
-215K
-865K
-787K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
-47.7K
0.0
100K
0.0
0.0
0.0
0.0
0.0
0.0
1.5B
99.1M
17.7M
6.2M
8.4M
26.6M
599K
4.1M
0.0
-257.7K
0.0
-104.8K
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-10.0
0.0
0.0
0.0
306.2K
658.9M
76.9M
-3.2M
-11.4M
1.5M
15.1M
-1.7M
1.8M
0.0
88.7K
-7.8K
14.1K
78.9M
2.1M
5.3M
16.7M
15.2M
101.1K
1.8M
10.0
0.0
6.4K
14.1K
0.0
737.9M
78.9M
2.1M
5.3M
16.7M
15.2M
101.1K
1.8M
0.0
95.1K
6.4K
14.1K
-37M
-22.2M
-20.4M
-16.2M
-6.8M
-11.6M
-2.3M
-2.4M
0.0
346.4K
-7.8K
-187.3K

SEC Filings

QUBT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 18, 2026
May 13, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 11, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 30, 2026
June 24, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

April 17, 2026
February 02, 2026
2026
8-K

8-K 2026

N/A

March 05, 2026
March 05, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
8-K

8-K 2026

N/A

February 03, 2026
February 02, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 11, 2026
2026
Showing 1 to 10 of 142 filings