Quantum puting (US:QUBT) ZACKS·2025-11-17 13:42Core Insights - Quantum Computing Inc. (QUBT) reported a loss of 5 cents per share in Q3 2025, an improvement from a loss of 6 cents in the same period last year, aligning with Zacks Consensus Estimate [1] - Revenues for Q3 reached $0.38 million, exceeding the Zacks Consensus Estimate by 284% and significantly up from $0.10 million year-over-year [1] - The company's gross margin improved to 33% from 9% in the previous year [3] Financial Performance - Operating expenses increased to $10.5 million from $5.4 million in Q3 2024, with R&D expenses up 100.9%, sales and marketing expenses rising 116.8%, and general and administrative expenses increasing 84.3% [3] - Loss from operations for the quarter was $10.4 million, compared to $5.4 million in the year-ago period [3] - Cash and cash equivalents at the end of Q3 were $352.4 million, slightly up from $348.8 million in Q2 [4] - Cumulative net cash used in operating activities was $19.3 million, compared to $12.4 million in the same period last year [4] Capital Raising - During Q3, QCi raised gross proceeds of $500 million through a private placement of common stock [5] - Following the quarter, an additional $750 million was raised through another private placement [5] Operational Highlights - The company achieved commercial progress in quantum AI and cybersecurity, including a purchase order from a top-five U.S. bank for its quantum security solutions, marking its first U.S. commercial sale in this area [7] - QCi is advancing discussions with commercial and academic partners and is planning for a second facility, Fab 2, to support higher-volume production [7] Market Position - Quantum Computing currently holds a Zacks Rank 3 (Hold) [8] - Comparatively, stocks like Western Digital (WDC) and Advanced Energy Industries (AEIS) have better rankings within the Computer and Technology sector [8]