{"id":5093,"date":"2026-08-22T19:06:19","date_gmt":"2026-08-22T19:06:19","guid":{"rendered":"https:\/\/usmovingexpertss.com\/?p=5093"},"modified":"2026-08-22T19:06:19","modified_gmt":"2026-08-22T19:06:19","slug":"quantum-computing-stock-just-posted-a-9000-revenue-jump","status":"publish","type":"post","link":"https:\/\/usmovingexpertss.com\/?p=5093","title":{"rendered":"Quantum Computing stock just posted a 9,000% revenue jump"},"content":{"rendered":"
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A stock that reports revenue growth in the thousands of percent sounds like it invented something new. <\/p>\n

Read more Does Premium Gas Actually Matter? Here\u2019s When Paying Extra Is Worth It<\/a><\/p>\n

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Quantum Computing Inc. (QUBT) reported second-quarter revenue of $5.6 million<\/strong>, more than 9,000%<\/strong> higher than the $61,000<\/strong> it posted a year earlier, according to the company\u2019s earning release filed with the SEC.<\/p>\n

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That number is real. The business behind it is still small enough to fit inside a single university research grant.<\/p>\n

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QUBT shares traded near $9<\/strong> on Friday, Aug. 21, part of a rally that lifted seven quantum computing stocks at once, according to a Seeking Alpha report. <\/p>\n

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D-Wave Quantum (QBTS), Rigetti Computing (RGTI), IonQ (IONQ), Infleqtion (INFQ), IQM Quantum Computers (IQMX), and IBM (IBM) all moved higher the same morning. That is to say, when one stock rallies in a particular industry, it pulls its peers along with it.<\/p>\n

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Quantum Computing\u2019s 9,000% headline, despite a still-tiny business<\/h2>\n

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The revenue jump came from photonics product sales across QCi\u2019s government, educational, and commercial customers, the company said in its earnings release. Revenue also grew 51%<\/strong> from the first quarter\u2019s $3.7 million<\/strong>, a smaller but still meaningful gain.<\/p>\n

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Most of the improvement in QCi\u2019s bottom line, though, came from a shrinking paper loss on warrant derivatives rather than the core business turning profitable, according to a breakdown of the filing.<\/p>\n

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Net loss narrowed to $11.8 million<\/strong> from $36.5 million<\/strong> a year earlier. QCi ended the quarter with a $42.5 million<\/strong> order backlog and $1.3 billion<\/strong> in cash, giving it years of runway, even as it keeps losing money on operations.<\/p>\n

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The quarter also included QCi\u2019s acquisition of NHanced Semiconductors, which launched a second chip fabrication facility and expanded the company\u2019s U.S. manufacturing footprint, according to the earnings release. <\/p>\n

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The deal added complexity to the numbers: Operating expenses rose 114%<\/strong> year over year to $21.8 million<\/strong>, partly from acquisition-related costs.<\/p>\n

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John Keeble \/ Getty Images<\/p>\n

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7 stocks, 6 catalysts, one basket trade<\/h2>\n

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D-Wave gained as much as 7%<\/strong>, Rigetti climbed 9.6%<\/strong>, IonQ rose 7.5%<\/strong>, Infleqtion added 9%<\/strong>, and IQM popped 7%<\/strong>. None of them moved for the same reason.<\/p>\n

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