Quantum Computing Q4 revenue rises

Quantum Computing

02/03/2026 21:25

Overview

Quantum optics firm Q4 revenue rose 219% yr/yr but missed analyst expectations

Company completed acquisition of Luminar Semiconductor post-Q4

Outlook

Quantum Computing Inc. plans to expand manufacturing capabilities with new Fab 2 facility

Company focuses on advancing strategic partnerships and scaling technology in 2026

Result Drivers

FAB 1 REVENUE CONTRIBUTION - Revenue increase driven by hardware sales and services from Fab 1 facility

PRIVATE PLACEMENT - Raised $750 mln through oversubscribed private placement to support growth strategy

Company press release: ID:nPn63gR8ha

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$198,000
$332,500 (4 Analysts)
Q4 Net Income
-$1.56 mln
Q4 Operating Expenses
$22.12 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Quantum Computing Inc is $15.50, about 84.3% above its February 27 closing price of $8.41

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)