Quantum Computing Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4.33	0.68	0.37	0.36	0.14	-
Revenue Growth (YoY)	1025.71%	82.84%	4.19%	163.23%	-	-
Cost of Revenue	5	0.62	0.26	0.2	0.06	-
Gross Profit	-0.67	0.07	0.11	0.16	0.08	-
Selling, General & Admin	38.22	30.67	14.73	17.51	23.5	14.54
Research & Development	24.46	20.47	11.32	8.89	5.22	2.59
Total Operating Expenses	62.67	51.14	26.05	26.41	28.72	17.13
Operating Income	-63.34	-51.08	-25.94	-26.24	-28.65	-17.13
Interest Income	32.52	20.72	0.42	0.3	0.05	0.01
Interest Expense	-0.18	-0.07	-2.5	-1.6	-0.77	-10.88
Other Non-Operating Income (Expense)	-8.7	11.75	-40.53	0.53	3.39	0.22
Total Non-Operating Income (Expense)	23.64	32.4	-42.61	-0.78	2.67	-10.77
Pretax Income	-39.71	-18.67	-68.54	-27.02	-25.98	-27.9
Net Income	-3.22	-18.67	-68.54	-27.02	-25.98	-27.9
Net Income Attributable to Preferred Dividends	-	-	-	0.86	0.89	0.12
Net Income to Common	-3.22	-18.67	-68.54	-27.88	-26.87	-28.02
Shares Outstanding (Basic)	185	164	94	67	37	29
Shares Outstanding (Diluted)	187	164	94	67	37	29
Shares Change (YoY)	66.98%	75.21%	40.94%	81.60%	25.80%	4.26%
EPS (Basic)	-0.28	-0.11	-0.73	-0.42	-0.73	-0.96
EPS (Diluted)	-0.28	-0.11	-0.73	-0.42	-0.73	-0.96
Free Cash Flow	-43.8	-36.98	-22.25	-20.43	-18.11	-6.84
Free Cash Flow Per Share	-0.23	-0.22	-0.24	-0.31	-0.49	-0.23
Gross Margin	-15.39%	9.82%	30.03%	45.25%	55.15%	-
Operating Margin	-1461.49%	-7489.30%	-6953.62%	-7330.45%	-21062.50%	-
Profit Margin	-74.39%	-2738.12%	-18375.90%	-7548.04%	-19101.50%	-
FCF Margin	-1010.53%	-5422.87%	-5964.88%	-5705.87%	-13316.00%	-
EBITDA	-57.94	-46.67	-22.14	-22.94	-25.21	-17.12
EBITDA Margin	-1336.89%	-6843.70%	-5935.39%	-6406.70%	-18537.70%	-
EBIT	-63.34	-51.08	-25.94	-26.24	-28.65	-17.13
EBIT Margin	-1461.49%	-7489.30%	-6953.62%	-7330.45%	-21062.50%	-

SEC Filings: 10-K · 10-Q