Quantum Computing Inc. Q2 revenue jumps to $5.6 million from $61,000

Quantum Computing Inc. reported second-quarter 2026 revenue of $5.6 million, up from $61 thousand a year earlier and from $3.7 million in the first quarter, as sales of photonics products supported both its quantum roadmap and current aerospace, government and industrial demand. The company said it completed its acquisition of NHanced Semiconductors, a U.S.-based advanced packaging foundry (facility that packages and integrates chips), bringing Fab 2 online ahead of schedule and expanding domestic manufacturing, photonic integration and semiconductor capabilities. QCi also said NeuraWave, its photonic reservoir computing platform (light-based system for AI inference), reached deployment readiness and was followed by a framework agreement with Planck Dynamics that could carry aggregate program value of more than $10 million if customer milestones and other conditions are met. The company reported a net loss of $11.8 million, narrower than $36.5 million a year earlier, and said it finished the quarter with about $1.3 billion in cash, cash equivalents and investments after using about $180 million, including transaction expenses, on the acquisitions of Luminar Semiconductor, NuCrypt and NHanced. Management said the balance sheet leaves QCi positioned to integrate recent deals, expand its commercial and government customer base and keep investing in technologies and manufacturing for its long-term quantum roadmap.

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