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Quantum Computing Inc. (QUBT) Q1 2026 Earnings Call Transcript

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⚡ Quantum Brief
Quantum Computing Inc. reported Q1 2026 revenue of $3.69 million, a 9,364% year-over-year surge, beating estimates by $416,000 despite a narrower-than-expected loss of $0.03 per share. CEO Yuping Huang highlighted accelerated commercial adoption of its quantum photonic systems, citing new contracts with Fortune 500 firms in logistics and finance for optimization solutions. The company emphasized progress in its hybrid quantum-classical platform, Mukai, which now supports 100+ qubits via photonic integration, targeting near-term practical applications over theoretical supremacy. CFO Christopher Roberts noted expanded R&D partnerships with DARPA and national labs, securing $12M in non-dilutive funding for quantum sensing and error correction advancements. Analysts pressed on scalability timelines, with management reaffirming 2027 targets for fault-tolerant prototypes while warning of supply chain risks in specialized optical components.
Quantum Computing Inc. (QUBT) Q1 2026 Earnings Call Transcript

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SA Transcripts159.99K FollowersFollow5ShareSaveCommentsQ1: 2026-05-11 Earnings SummaryInsightsTranscript InsightsPlay CallPlay CallEPS of -$0.03 beats by $0.02 | Revenue of $3.69M (9,364.10% Y/Y) beats by $416.00K Quantum Computing Inc. (QUBT) Q1 2026 Earnings Call May 11, 2026 4:30 PM EDT Company Participants Yuping Huang - CEO, President & ChairmanChristopher Roberts - CFO, Principal Financial & Accounting Officer and General Counsel Conference Call Participants John NesbettJohn McPeake - Rosenblatt Securities Inc., Research DivisionMaxwell Michaelis - Lake Street Capital Markets, LLC, Research DivisionAntoine Legault - Wedbush Securities Inc., Research DivisionTroy Jensen - Cantor Fitzgerald & Co., Research DivisionNehal Chokshi - Northland Capital Markets, Research DivisionEdward Woo - Ascendiant Capital Markets LLC, Research Division Presentation Operator Ladies and gentlemen, greetings, and welcome to the Quantum Computing, Inc. First Quarter 2026 Shareholder Update Call. [Operator Instructions] It is now my pleasure to introduce your host, John Nesbett with IMS Investor Relations.

John Nesbett Thank you, and I want to welcome everyone to the Quantum Computing, Inc. First Quarter 2026 Shareholder Update Call. Before we begin, please note that today's remarks may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expected results, operational plans, strategy and market opportunities. These statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act and Section 21E of the Exchange Act and are based on current assumptions and expectations. Forward-looking statements are neither promises nor guarantees and involve risks and uncertainties that could cause actual results to differ materially. Important factors are discussed in our annual report on Form 10-K for the year ended December 31, 2025, and in subsequent SEC filings, including the quarterly report on Form 10-Q for the quarter ended March 31, 2026. We undertake no obligation to update these statements, except as required by law. On the call today, we have Dr. Yuping Huang, Chief Executive Officer and Chairman; and Chris Roberts, Chief Financial Officer.

The team will provide

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Source: Seeking Alpha