Quantum Computing Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	0.26	0.37	0.36	0.14	-	-	Upgrade
Revenue Growth (YoY)	-21.49%	4.19%	163.23%	-	-	-	Upgrade
Cost of Revenue	0.18	0.26	0.2	0.06	-	-	Upgrade
Gross Profit	0.08	0.11	0.16	0.08	-	-	Upgrade
Selling, General & Admin	16.93	14.73	17.51	23.5	7.76	4.63	Upgrade
Research & Development	15.96	11.32	8.89	5.22	9.37	1.54	Upgrade
Operating Expenses	32.89	26.05	26.41	28.72	17.13	17.34	Upgrade
Operating Income	-32.81	-25.94	-26.24	-28.65	-17.13	-17.34	Upgrade
Interest Expense	-2.46	-2.5	-1.6	-0.77	-10.99	-8.81	Upgrade
Interest & Investment Income	3.85	0.42	0.3	0.05	0.01	0	Upgrade
Other Non Operating Income (Expenses)	-45	-40.53	0.53	3.39	-	1	Upgrade
EBT Excluding Unusual Items	-76.41	-68.54	-27.02	-25.98	-28.12	-25.16	Upgrade
Legal Settlements	-	-	-	-	-	0.43	Upgrade
Other Unusual Items	-	-	-	-	0.22	-	Upgrade
Pretax Income	-76.41	-68.54	-27.02	-25.98	-27.9	-24.73	Upgrade
Net Income	-76.41	-68.54	-27.02	-25.98	-27.9	-24.73	Upgrade
Preferred Dividends & Other Adjustments	-	-	0.86	0.89	-	-	Upgrade
Net Income to Common	-76.41	-68.54	-27.88	-26.87	-27.9	-24.73	Upgrade
Shares Outstanding (Basic)	119	94	67	37	29	28	Upgrade
Shares Outstanding (Diluted)	119	94	67	37	29	28	Upgrade
Shares Change (YoY)	49.71%	40.94%	81.60%	25.80%	4.26%	279.87%	Upgrade
EPS (Basic)	-0.64	-0.73	-0.42	-0.73	-0.96	-0.88	Upgrade
EPS (Diluted)	-0.64	-0.73	-0.42	-0.73	-0.96	-0.88	Upgrade
Free Cash Flow	-25.02	-22.25	-20.43	-16.25	-6.84	-11.55	Upgrade
Free Cash Flow Per Share	-0.21	-0.24	-0.31	-0.44	-0.23	-0.41	Upgrade
Gross Margin	31.18%	30.03%	45.25%	55.15%	-	-	Upgrade
Operating Margin	-12474.90%	-6953.62%	-7330.45%	-21062.50%	-	-	Upgrade
Profit Margin	-29053.99%	-18375.87%	-7788.55%	-19755.15%	-	-	Upgrade
Free Cash Flow Margin	-9514.07%	-5964.88%	-5705.87%	-11947.06%	-	-	Upgrade
EBITDA	-28.84	-22.14	-22.94	-26.78	-17.12	-17.34	Upgrade
D&A For EBITDA	3.97	3.8	3.31	1.86	0.01	0.01	Upgrade
EBIT	-32.81	-25.94	-26.24	-28.65	-17.13	-17.34	Upgrade

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q