TLDR:
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QCi’s Q3 2025 revenue jumps 280%, securing $1.5B in funding.
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Quantum Computing Inc. posts $384K revenue, reversing losses to profit.
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QUBT stock up 5% after impressive growth, raising over $1.5B.
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QCi secures major U.S. bank order, expands quantum cybersecurity focus.
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QCi ramps up production and talent for future quantum tech leadership.
Quantum Computing Inc. (QUBT) has reported significant progress in its financial results for the third quarter of 2025, posting a 280% year-over-year revenue increase. The company also announced a major liquidity boost, raising over $1.5 billion, which has bolstered its growth prospects. As a result, QUBT stock surged by 5%, closing at $10.60.
Strong Financial Performance in Q3 2025
In the third quarter of 2025, QCi recorded revenues of approximately $384,000, marking a significant increase compared to $101,000 for the same period in 2024. The surge in revenue reflects increased demand for its products and research services, particularly for custom hardware contracts and cloud-based quantum access. Despite a fluctuating gross margin of 33%, QCi has positioned itself for strong future growth with its focus on R&D and custom solutions.
Operating expenses for the quarter rose to $10.5 million, up from $5.4 million in the prior year. This increase is attributed to investments in engineering, research, and manufacturing to support QCi’s expanding operations. The company also reported a net income of $2.4 million, reversing the $5.7 million loss it faced in Q3 2024.
The company’s assets grew substantially, from $153.6 million at the end of 2024 to $898.2 million by September 30, 2025. Cash and investments saw a notable increase, with QCi ending the quarter with $352 million in cash and $461 million in investments. In addition, the company raised $500 million in a private stock placement during the quarter, followed by a subsequent $750 million raise after the quarter’s end, further strengthening its financial position.
Expanding Quantum Capabilities and Strategic Partnerships
QCi has also made significant strides in its quantum technology offerings. The company has secured a key purchase order from a top U.S. bank for its quantum cybersecurity solutions, marking a milestone in the commercialization of its quantum security platform. This move comes as the company expands its focus on quantum AI and cybersecurity solutions, which are seeing increasing demand across various industries.
QCi has deepened its relationship with NASA, advancing a joint project to apply quantum optimization techniques to space-based LiDAR data. This collaboration highlights the company’s growing role as a trusted government partner in cutting-edge scientific research. As QCi continues to innovate, its quantum computing technology is gaining traction in both commercial and academic sectors.
Investing in Manufacturing and Talent for Future Growth
QCi’s focus on manufacturing capacity and talent acquisition is evident in its progress with its photonic chip foundry. The company’s Arizona-based foundry is ramping up small-batch production while preparing for a larger-scale facility, Fab 2, to meet growing demand. QCi continues to attract top-tier talent in engineering and production to support its scaling efforts, ensuring that the company can meet the long-term demands of the quantum and photonics industries.
QCi’s progress in both technology development and market expansion demonstrates the company’s commitment to leading the way in quantum computing. With a strong balance sheet and increasing commercial traction, Quantum Computing Inc. is poised to continue its upward trajectory in the rapidly growing quantum technology market.


