Wrapping up financial results for quantum computing stocks, Quantum Computing on Thursday reported a bigger than expected second quarter loss while revenue missed expectations. QUBT stock fell on the news.
Quantum Computing reported earnings after the market close. For the June quarter, Quantum Computing reported a 26-cent loss on an adjusted basis vs. a 6-cent loss a year earlier. Revenue fell 67% to $61,000.
Ahead of the Quantum Computing earnings report, analysts had forecast a 6-cent loss with revenue of $100,000.
For the September quarter, analysts estimate revenue of $200,000.
On the stock market today, Quantum Computing fell nearly 3% to 14.95 in extended trading. Heading into the earnings report, Quantum Computing stock had retreated 9% in 2025.
QUBT Stock: Technical Ratings
Quantum computing works on a subatomic level and uses exotic technologies, like supercold superconductor chips. Further, Quantum computing's ultimate benefit is that it aims to solve problems too complex for today's classical computers.
During Q2, Quantum Computing raised $188 million through a private placement of common stock. At the end of June it had $348.8 million in cash and equivalents on its balance sheet.
Meanwhile, quantum computing stocks have been volatile in 2025 amid controversy involving Nvidia over how soon commercially viable quantum technology will be available.
From a technical view, Quantum Computing stock holds a Composite Rating of 69 out of a best-possible 99, according to IBD Stock Checkup. IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Meanwhile, Quantum Computing stock holds an Accumulation/Distribution Rating of A. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. (A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.)
Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.
