Quantum Computing Inc. (QUBT) reported second-quarter 2026 revenue of $5.6 million, up from $61 thousand in the prior-year quarter and $3.7 million in the first quarter of 2026. The company reported a net loss of $11.8 million, or a loss of $0.05 per basic share.
QCi ended the quarter with approximately $1.3 billion in cash, cash equivalents and investments. During the quarter, the company completed the acquisition of NHanced Semiconductors, launched Fab 2, delivered a Dirac-3 quantum optimization system, and reached deployment readiness for its NeuraWave photonic reservoir computing platform.
- Revenue was primarily driven by photonics product sales across government, educational and commercial customers.
- Operating expenses totaled $21.8 million, compared with $10.2 million in the second quarter of 2025.
- Interest and other income totaled $13 million, compared with $1.8 million a year earlier.
- Total assets were approximately $1.6 billion as of June 30, 2026.
- Contract backlog was approximately $42.5 million as of June 30, 2026.
$QUBT Insider Trading Activity
$QUBT insiders have traded $QUBT stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $QUBT stock by insiders over the last 6 months:
- CHRISTOPHER BRUCE ROBERTS (CFO and General Counsel) has made 0 purchases and 2 sales selling 78,262 shares for an estimated $614,499.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$QUBT Hedge Fund Activity
We have seen 172 institutional investors add shares of $QUBT stock to their portfolio, and 108 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MAREX GROUP PLC removed 3,783,241 shares (-45.7%) from their portfolio in Q1 2026, for an estimated $25,290,966
- BLACKROCK, INC. added 1,594,763 shares (+9.9%) to their portfolio in Q2 2026, for an estimated $15,469,201
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 1,543,631 shares (-69.2%) from their portfolio in Q1 2026, for an estimated $10,319,173
- CITADEL ADVISORS LLC removed 1,526,261 shares (-63.9%) from their portfolio in Q1 2026, for an estimated $10,203,054
- NATIONAL BANK OF CANADA /FI/ added 1,319,087 shares (+948.0%) to their portfolio in Q2 2026, for an estimated $12,795,143
- DEFIANCE ETFS, LLC added 1,315,178 shares (+41.4%) to their portfolio in Q1 2026, for an estimated $8,791,964
- HRT FINANCIAL LP added 1,275,863 shares (+inf%) to their portfolio in Q1 2026, for an estimated $8,529,144
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.