Quantum Computing Inc. (QUBT) reported third-quarter 2026 revenue of $9.5 million, compared with $384,000 in the prior-year quarter. The company recorded a net loss of $15.1 million, or $0.07 per basic and diluted share, for the quarter ended September 30, 2026.
Revenue exceeded the $9.2 million generated during the first half of 2026. QCi said sales from its acquired Luminar Semiconductors, NuCrypt and NHanced businesses supported revenue growth.
- Third-quarter gross profit was approximately $428,000, representing a 4.5% gross margin.
- Total operating expenses were $29.0 million, compared with $10.5 million a year earlier.
- Interest and other income totaled $13.0 million, versus $3.5 million in the prior-year quarter.
- Cash, cash equivalents, investments and accrued interest totaled approximately $1.3 billion at quarter-end.
- Contract backlog was approximately $39.1 million as of September 30, 2026.
$QUBT Hedge Fund Activity
We have seen 175 institutional investors add shares of $QUBT stock to their portfolio, and 129 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PENSERRA CAPITAL MANAGEMENT LLC added 3,629,502 shares (+108.3%) to their portfolio in Q2 2026, for an estimated $35,206,169
- DEFIANCE ETFS, LLC added 2,538,327 shares (+56.5%) to their portfolio in Q2 2026, for an estimated $24,621,771
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,641,744 shares (+inf%) to their portfolio in Q2 2026, for an estimated $15,924,916
- BLACKROCK, INC. added 1,594,763 shares (+9.9%) to their portfolio in Q2 2026, for an estimated $15,469,201
- NATIONAL BANK OF CANADA /FI/ added 1,319,087 shares (+948.0%) to their portfolio in Q2 2026, for an estimated $12,795,143
- HRT FINANCIAL LP removed 1,275,863 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $12,375,871
- MORGAN STANLEY added 971,285 shares (+41.9%) to their portfolio in Q2 2026, for an estimated $9,421,464
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.