Quantum Computing reports Q1 GAAP EPS of -$0.02 and revenue of $3.69M, exceeding analyst expectations by $0.03 and $0.42M respectively.
Quantum Computing reported a first-quarter GAAP loss per share of -$0.02, narrower than the expected loss by $0.03. Revenue reached $3.69M, surpassing estimates by $0.42M.
The company’s contract backlog stood at approximately $16 million as of March 31, 2026. It ended the quarter with $1.4 billion in cash, cash equivalents, and investments.
Shares declined 1% in after-hours trading following the release.