Quantum Computing Stocks: Will Earnings, 2026 Outlooks Reignite Momentum? - Investor's Business Daily

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Heading into earnings reports, quantum computing stocks haven't been on a roller-coaster like last year. Instead, it's been all downhill as many artificial intelligence plays also struggle. Will financial results change investor sentiment for quantum computing stocks as more companies go public? IonQ (IONQ) reports fourth-quarter earnings on Feb. 25 followed by D-Wave Quantum (QBTS) on Feb. 26. Rigetti Computing (RGTI) follows on March 4, with Quantum Computing (QUBT) also due in early March. ↑ X More Videos0 seconds of 0 secondsVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsEnabledDisabledShortcuts Open/Close/ or ?Play/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemDecrease Caption Size-Increase Caption Size+ or =Seek %0-9 Next UpVolatility Soars As Wall Street Weighs U.S.-Iran War.
How To Manage Risk When Geopolitics Flip.10:20Subtitle SettingsOffEnglishFont ColorWhiteFont Opacity100%Font Size100%Font Familysans-serifCharacter EdgeNoneEdge ColorBlackBackground ColorBlackBackground Opacity75%Window ColorBlackWindow Opacity0%ResetWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialCourierGeorgiaImpactLucida ConsoleTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyanWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%0.5x1x1.25x1.5x2xLive00:0000:0000:00 Is Quantum Computing The Next Big Tech Shift?
See All Videos NOW PLAYING Is Quantum Computing The Next Big Tech Shift? The quantum computing companies continued to raise capital in 2026. IonQ has embarked on an acquisition spree while D-Wave also made a major purchase. IonQ is expected to report a Q4 loss of 51 cents per share on an adjusted basis, narrowing from a 93-cent loss a year earlier. IonQ revenue will rise 222% to $40.4 million, including acquisitions, analysts estimate.
Quantum Computing Stocks: Cash Burn D-Wave is expected to report an adjusted loss of 6 cents per share, narrowing from a 37-cent loss a year earlier. Revenue should double to $3.7 million, analysts estimate. While government and university research has provided some funding, quantum companies aim to grow commercial revenue as they continue to burn cash. In 2026, IonQ is expected to report a free cash flow loss of $381 million, up 522% from a year earlier. D-Wave's free cash flow loss will increase 37% to $104 million, analysts estimate. Quantum computing works on a subatomic level and uses exotic technologies, like supercold superconductor chips. Quantum computing aims to solve problems too complex for today's classical computers, such as simulating chemical reactions. Traditional computers use electronic circuits to store information as digital zeros and ones. Instead, quantum machines rely on processors known as "qubits." The IBD Methodology: How To Invest In Stocks While Managing Risks Qubit-based computing can be prone to errors from small environmental disturbances and other factors. For quantum computing to reach its potential, logical qubits will require robust error correction. The race is on to build "fault-tolerant" quantum computers that scale up and correct errors, allowing for complex, sustained calculations. Quantum computing stocks have been volatile since late 2024 when a Google announcement sparked a big rally. However, uncertainty over commercialization and competition from tech industry giants have been key issues. Nvidia (NVDA) has offered differing views. Infleqtion, Xanadu, Quantinuum Infleqtion (INFQ) went public last week while photonic quantum computing firm Xanadu is expected to follow in March. Also, Honeywell International (HON) in early 2026 said its majority-owned quantum computing unit Quantinuum will file for an initial public offering this year. The quantum computing firms face competition from tech giants such as Alphabet's (GOOGL) Google, IBM (IBM) and Microsoft (MSFT). In 2026, D-Wave stock has retreated 31% while IonQ stock has pulled back 29%. Rigetti stock has dropped 28% while QUBT stock is down 23%. Many AI stocks also are struggling after big gains in 2025. Quantum computing stocks peaked in October, coming well off those highs by year-end. D-Wave stock finished 2025 up 211% while Rigetti stock gained 45%. IonQ stock advanced 7% last year while Quantum Computing fell 38%. There are many approaches to quantum computing, including qubit technologies that use superconducting, ion-trapped, annealing and photonic methods.
Quantum Computing Stocks And Analysis Quantum Computing Stocks: Rigetti Earnings In Line, Revenue LightWrapping up earnings reports for quantum computing stocks, Rigetti Computing reported a fourth quarter adjusted loss that met expectations while revenue missed consensus estimates. Rigetti stock fell on Thursday amid the Q4...
Read More Quantum Computing Earnings In Line, Revenue Misses EstimatesQuantum Computing on Monday reported fourth quarter earnings that met consensus estimates while revenue missed. Quantum computing stocks have underperformed in 2026, with QUBT stock down 16%. Monday after the market closed,...
Read More IonQ Earnings Beat, Guidance Above Views.
Quantum Firm Targets Q4 2026 Milestone.Kicking off earnings reports for quantum computing stocks, IonQ reported fourth quarter profit and revenue that topped estimates amid an acquisition spree. The company's 2026 guidance came in well above expectations. IonQ...
Read More Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing. YOU MAY ALSO LIKE: AI Jobs Disruption Is Here.
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