We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
QUBT Q3 Results Highlight Growing Adoption Across Quantum Platforms
Read MoreHide Full Article
Key Takeaways
QUBT posted Q3 revenues of $384,000, driven by R&D and custom hardware contracts plus DIRAC-3 cloud access.
QUBT is deploying DIRAC-3 to develop quantum methods to mitigate solar noise in space-based LiDAR data.
QUBT secured its first U.S. commercial sale as a top 5 bank ordered its quantum security solutions.
Quantum Computing, Inc. (QUBT - Free Report) , or QCi, reported third-quarter results that highlight growing real-world adoption of its photonic and quantum computing systems. Revenues increased to $384,000, driven by higher R&D and custom hardware contracts, as well as initial revenues from DIRAC-3 cloud access.
QCi is deploying its DIRAC-3 quantum optimization machine to develop quantum-based methods for mitigating solar noise in space-based LiDAR data, a persistent challenge in achieving accurate daytime atmospheric sensing. This collaboration reinforces QCi’s emergence as a trusted government partner and demonstrates the practical relevance of its quantum computing solutions in scientific and environmental research.
In addition, the company announced a purchase order from a top-five U.S. bank for its quantum security solutions — the first U.S. commercial sale of its quantum cybersecurity offerings — marking a key milestone in validating its platform for real-world use cases.
Meanwhile, as manufacturing workflows continue to mature, QCi remains engaged in discussions with commercial and academic partners while advancing plans for Fab 2, a larger facility than Fab 1 designed to support higher-volume production over the longer term. During the quarter, the company also maintained an active presence at key conferences and industry events, expanding awareness of its technology across both academic and commercial audiences.
Peer Update
Rigetti’s (RGTI - Free Report) roadmap reflects a practical approach to quantum adoption, centered on modular scaling and close alignment with government, academic, and early enterprise environments. Recent momentum includes $5.7 million in purchase orders for two 9-qubit Novera systems, a $5.8 million three-year AFRL contract to advance superconducting quantum networking, and continued engagement with DARPA’s Quantum Benchmarking Initiative. With deep ownership of its hardware stack, Rigetti retains the flexibility to adapt its architecture as commercial needs evolve.
Arqit Quantum (ARQQ - Free Report) sets itself apart by focusing on quantum cybersecurity through its QuantumCloud platform. The company has recently strengthened its positioning with expanded customer contracts and updated revenue guidance pointing to meaningful growth, helping it stand out in a crowded quantum ecosystem. Supporting this momentum, ARQQ secured seven contracts — two with telecom network operators and five with government, defense, and enterprise organizations.
QUBT’s Price Performance
Year to date, QCi’s shares have dipped 29%, underperforming the industry’s 10.6% growth. The S&P 500 composite has grown 19.1% in the same period.
Image Source: Zacks Investment Research
Expensive Valuation
QUBT currently trades at a forward 12-month Price-to-Sales (P/S) of 878.62X compared with the industry average of 5.55X.
Image Source: Zacks Investment Research
QUBT Stock Estimate Trend
Over the past 30 days, its loss per share estimate for 2025 has narrowed 1 cent to 18 cents.
Image: Bigstock
QUBT Q3 Results Highlight Growing Adoption Across Quantum Platforms
Key Takeaways
Quantum Computing, Inc. (QUBT - Free Report) , or QCi, reported third-quarter results that highlight growing real-world adoption of its photonic and quantum computing systems. Revenues increased to $384,000, driven by higher R&D and custom hardware contracts, as well as initial revenues from DIRAC-3 cloud access.
QCi is deploying its DIRAC-3 quantum optimization machine to develop quantum-based methods for mitigating solar noise in space-based LiDAR data, a persistent challenge in achieving accurate daytime atmospheric sensing. This collaboration reinforces QCi’s emergence as a trusted government partner and demonstrates the practical relevance of its quantum computing solutions in scientific and environmental research.
In addition, the company announced a purchase order from a top-five U.S. bank for its quantum security solutions — the first U.S. commercial sale of its quantum cybersecurity offerings — marking a key milestone in validating its platform for real-world use cases.
Meanwhile, as manufacturing workflows continue to mature, QCi remains engaged in discussions with commercial and academic partners while advancing plans for Fab 2, a larger facility than Fab 1 designed to support higher-volume production over the longer term. During the quarter, the company also maintained an active presence at key conferences and industry events, expanding awareness of its technology across both academic and commercial audiences.
Peer Update
Rigetti’s (RGTI - Free Report) roadmap reflects a practical approach to quantum adoption, centered on modular scaling and close alignment with government, academic, and early enterprise environments. Recent momentum includes $5.7 million in purchase orders for two 9-qubit Novera systems, a $5.8 million three-year AFRL contract to advance superconducting quantum networking, and continued engagement with DARPA’s Quantum Benchmarking Initiative. With deep ownership of its hardware stack, Rigetti retains the flexibility to adapt its architecture as commercial needs evolve.
Arqit Quantum (ARQQ - Free Report) sets itself apart by focusing on quantum cybersecurity through its QuantumCloud platform. The company has recently strengthened its positioning with expanded customer contracts and updated revenue guidance pointing to meaningful growth, helping it stand out in a crowded quantum ecosystem. Supporting this momentum, ARQQ secured seven contracts — two with telecom network operators and five with government, defense, and enterprise organizations.
QUBT’s Price Performance
Year to date, QCi’s shares have dipped 29%, underperforming the industry’s 10.6% growth. The S&P 500 composite has grown 19.1% in the same period.
Image Source: Zacks Investment Research
Expensive Valuation
QUBT currently trades at a forward 12-month Price-to-Sales (P/S) of 878.62X compared with the industry average of 5.55X.
Image Source: Zacks Investment Research
QUBT Stock Estimate Trend
Over the past 30 days, its loss per share estimate for 2025 has narrowed 1 cent to 18 cents.
Image Source: Zacks Investment Research
QUBT stock currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.