Quantum Computing Beats EPS Estimates but Misses Q4 Revenue by 41%
Quantum Computing reported a Q4 loss of $0.01 per share, beating the consensus loss estimate of $0.04, while generating $198,000 in revenue, missing the $332,500 projection. Revenue rose from $62,000 a year earlier, driven by initial contributions from its new Fab 1 facility.
1. Q4 Financial Results
Quantum Computing posted a fourth-quarter loss of $0.01 per share, outperforming the consensus loss estimate of $0.04. Revenue totaled $198,000, missing the projected $332,500 but up from $62,000 in the same period last year.
2. Fab 1 Facility Contribution
Hardware sales and services from the new Fab 1 facility drove the year-over-year revenue increase, with the facility contributing its first revenues in 2025. Management highlighted progress on a vertically integrated photonics and quantum optics platform targeting AI, high-performance computing, cybersecurity and remote sensing applications.
3. Stock Reaction and Outlook
Shares dipped 2.2% to $8.40 in extended trading following the earnings announcement. Analysts expect a Q1 loss of $0.04 per share on $450,000 in revenue, and the stock has underperformed the software industry by 18% year-to-date.