Wrapping up financial results for quantum computing stocks, Quantum Computing (QUBT) on Friday reported third quarter earnings and revenue that topped consensus estimates. QUBT stock climbed on the news.
Quantum Computing reported earnings after the market close. For the September-ending quarter, Quantum Computing reported a 1-cent profit on an adjusted basis vs. a 6-cent loss a year earlier. Revenue jumped 280% to $384,000.
Ahead of the Quantum Computing earnings report, analysts had forecast a 6-cent loss with revenue of $100,000.
In the earnings release, Quantum Computing stated: “The increase in revenue is primarily due to increases in the number of, size of and level of effort performed on research and development services, and custom hardware contracts. The company also started to recognize revenue for cloud-based access to the Dirac-3 quantum optimization system.”
For the December-ending quarter, analysts estimate revenue of $200,000.
On the stock market today, Quantum Computing climbed more than 7% to 11.38 in extended trading. Heading into the earnings report, Quantum Computing stock had retreated 42% in 2025. But shares gained over 5% in Friday’s regular session.
The company, which has built a foundry in Tempe, Ariz., makes photonics-based quantum machines.
“We ended the third quarter with $352 million in cash and $461 million in investments, and subsequent to the quarter raised an additional $750 million, giving us a substantial liquid position of over $1.5 billion today to execute our long-term growth strategy,” said interim Chief Executive Yuping Huang.
QUBT Stock: Technical Ratings
Quantum computing works on a subatomic level and generally uses exotic technologies, like supercold superconductor chips. Further, Quantum computing developers aim to solve problems too complex for today’s classical computers.
Meanwhile, quantum computing stocks have been volatile in 2025 amid controversy involving Nvidia (NVDA) over how soon commercially viable quantum technology will be available.
From a technical view, Quantum Computing stock holds a Composite Rating of 45 out of a best-possible 99, according to IBD Stock Checkup. IBD’s Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Meanwhile, QUBT stock holds an Accumulation/Distribution Rating of B-minus. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. (A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.)
Further, QUBT stock has a 21-day ATR of 9.60%. The average true range is a metric available on IBD’s MarketSurge that gauges the characteristic breadth of a stock’s behavior. Stocks that tend to make large jumps or dives in daily action, the kind that can trigger sell rules and shake investors out of a stock, have a high ATR. Stocks that tend to make more incremental moves have lower ATRs.
IBD suggests stocks with ATRs of up to 8%, although investors don’t want to be too concentrated in high-ATR names.
Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.
YOU MAY ALSO LIKE:
Want To Trade Options? Try Out These Strategies
Monitor IBD’s “Breaking Out Today” List For Companies Hitting New Buy Points
IBD Digital: Unlock IBD’s Premium Stock Lists, Tools And Analysis Today
