Quantum Computing Inc. balance sheet QUBT

Annual Quarterly

As of Jun 30, 2026, Quantum Computing Inc. had total assets of $1.6 billion and total liabilities of $47.2 million. Total assets were up 284.7% from a year earlier. Stockholders' equity was $1.6 billion. It held $1.3 billion in cash and investments against $23.4 million of total debt, net cash of $1.3 billion. The current ratio, current assets divided by current liabilities, was 53.13.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018
Assets
Cash	189 -45.8%	738 +834.7%	79 +3734.1%	2 -61.2%	5 -68.3%	17 +10.1%	15 +14931.0%	0 -94.3%	2
Short-term investments	765	379	—	—	—	—	—	—	—
Long-term investments	369	403	—	—	—	—	—	—	—
Cash and investments	1,323 +279.5%	1,520 +1825.9%	79 +3734.1%	2 -61.2%	5 -68.3%	17 +10.1%	15 +14931.0%	0 -94.3%	2
Receivables	7 +7041.7%	1 +1822.2%	0 -58.5%	0 +400.0%	0	—	—	—	—
Inventory	13 +3407.4%	0 +1855.6%	0 -75.3%	0	—	—	—	—	—
Total current assets	988 +182.2%	1,134 +1332.4%	79 +2880.1%	3 -51.3%	5	—	—	—	—
Property and equipment, net	43 +305.9%	13 +58.0%	8 +186.1%	3 +194.4%	1 +2258.0%	0 +33.6%	0 +20.9%	0 +271.1%	0
Goodwill	181 +226.5%	56 +0.0%	56 +0.0%	56 +0.0%	56	—	—	—	—
Total assets	1,639 +284.7%	1,619 +954.3%	154 +106.5%	74 -5.3%	79 +354.2%	17 +13.2%	15 +10199.2%	0 -91.8%	2
Liabilities and equity
Accounts payable	4 +197.2%	1 -43.3%	1 -6.2%	1 +67.7%	1 +87.6%	0 +26.8%	0 +68.0%	0 +304.1%	0
Total current liabilities	19 +368.3%	11 +142.9%	5 -5.3%	5 +4.8%	5	—	—	—	—
Total liabilities	47 +56.7%	21 -55.4%	46 +718.7%	6 -57.8%	13 +1136.9%	1 +56.1%	1 -76.6%	3 -10.7%	3
Stockholders' equity	1,592 +302.0%	1,598 +1389.7%	107 +56.2%	69 +5.5%	65 +333.5%	15 +3.1%	15 +618.3%	-3 -85.4%	-2
Debt
Debt due within a year	—	—	—	2	—	—	—	—	—
Long-term debt	—	—	—	—	8	—	—	—	—
Lease liabilities	23 +977.3%	3 +59.2%	2 +68.6%	1 -29.3%	1 +7409.0%	0	—	—	—
Total debt	23 +977.3%	3 +59.2%	2 -84.9%	3 +112.5%	9 +50863.3%	0	—	—	—
Net cash	1,300 +275.1%	1,518 +1862.9%	77 +990.4%	-1 -120.9%	-4 -123.4%	17	—	—	—
Ratios
Current ratio	53.13x	102.38x	17.36x	0.55x	1.19x	—	—	—	—
Debt to equity	0.01x	0.00x	0.02x	0.04x	0.14x	0.00x	—	—	—
Return on equity	-0.94%	-1.17%	-63.89%	-39.33%	-39.89%	-185.72%	-169.71%	—	—
Return on assets	-0.91%	-1.15%	-44.64%	-36.34%	-33.09%	-161.41%	-162.00%	-5,653.54%	-584.65%
Book value per share	7.03	7.13	0.83	0.89	1.16	0.52	0.52	-0.38	-0.32

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry: Services-Prepackaged Software (SIC 7372)
Listed as: QUBT (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Hoboken, NJ
SEC filer status: Large accelerated filer
SEC CIK: 1758009

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.