Quantum Computing (QUBT) Stock Rockets 47% After Stunning 280% Revenue Explosion in Q3

Quantum Computing Inc. just delivered a financial moonshot—and Wall Street's scrambling to catch up.

The quantum tech firm's Q3 revenue surged 280% year-over-year, sending its stock price soaring 47% in a single trading session. Forget incremental growth—this is the kind of vertical spike that makes traditional tech stocks look like they're moving in slow motion.

While legacy investors were busy chasing AI hype, QUBT's quantum solutions division quietly built revenue streams that now dwarf last year's performance. The company's patented photonic approach appears to be gaining commercial traction faster than analysts predicted.

Of course, in today's market, any stock moving this violently either announces a stock offering tomorrow or gets shorted into oblivion by Thursday. But for now, quantum computing's first pure-play public company is making the semiconductor giants look sluggish.

TLDR

• Quantum Computing Inc. (QUBT) reported Q3 revenue of $0.38 million, beating estimates by 284% and marking a 280% year-over-year increase.
• The company posted a loss of $0.05 per share, matching analyst expectations and showing improvement from the $0.06 loss a year ago.
• QUBT stock has fallen 39.4% year-to-date while the S&P 500 gained 14.6%.
• The company holds a Zacks Rank #3 (Hold) rating with mixed earnings estimate revisions ahead of the report.
• Next quarter consensus estimates project a loss of $0.05 per share on $0.2 million in revenue.

Quantum Computing Inc. reported third-quarter results that beat revenue expectations by a wide margin. The company posted revenue of $0.38 million for the quarter ended September 2025.

$QUBT Q3 2025 earnings:
A massive cash infusion overshadows early revenue growth and a one-off profit.

Quantum Computing Inc. reported a significant increase in its cash position following large capital raises, now totaling over $1.5 billion post-quarter. While revenue grew…

— Finsee (@Finsee_main) November 14, 2025

This figure crushed the Zacks Consensus Estimate of $0.1 million by 284%. The performance represents a 280% jump from the $0.1 million in revenue reported during the same period last year.

The company’s loss per share came in at $0.05, matching analyst expectations. This marks an improvement from the $0.06 loss per share recorded in the third quarter of 2024.

Quantum Computing, Inc., QUBT

The earnings result aligned with the Zacks Consensus Estimate. A quarter earlier, the company had also posted a loss of $0.06 per share, matching expectations at that time.

QUBT has struggled to beat consensus EPS estimates over the past four quarters. The revenue beat in Q3 represents only the second time in the last four quarters that the company has topped consensus revenue estimates.

Despite the strong revenue performance, the stock has taken a beating this year. Shares have dropped 39.4% since the beginning of 2025.

This stands in sharp contrast to the S&P 500, which has gained 14.6% over the same period. The disconnect between revenue growth and stock performance raises questions about investor confidence.

Looking Ahead to Q4

Analysts expect the company to post a loss of $0.05 per share in the coming quarter. Revenue is projected to reach $0.2 million.

For the full fiscal year, the consensus calls for a loss of $0.25 per share on revenues of $0.4 million. The estimate revisions trend heading into this earnings release was mixed.

The current status translates into a Zacks Rank #3 (Hold) for the stock. This suggests shares are expected to perform in line with the market in the NEAR future.

Industry Context

Quantum Computing Inc. operates in the Internet – Software industry. The sector currently ranks in the top 26% of the 250-plus Zacks industries.

Research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1. The company’s industry positioning provides some support for its outlook.

Fellow industry member Asana, Inc. (ASAN) is scheduled to report quarterly results on December 2. Analysts expect Asana to post earnings of $0.06 per share, representing a 400% year-over-year increase.

Asana’s revenue is projected at $198.34 million, up 7.9% from the prior-year quarter. The consensus EPS estimate for Asana has remained unchanged over the last 30 days.

The quantum computing sector has seen increased attention from institutional investors. Recent industry developments include new product launches and government funding initiatives totaling $625 million for national quantum research centers.

QUBT’s revenue growth of 280% year-over-year signals increasing demand for quantum computing solutions. The company now faces the challenge of converting that revenue momentum into sustained stock price recovery.