Quantum Computing Inc. (NASDAQ:QUBT) reported an earnings per share (EPS) of -$0.47, significantly below the estimated EPS of -$0.05, indicating profitability challenges.
The company’s price-to-sales ratio is approximately 2,624.76, reflecting a high valuation relative to its actual revenue of $62,000, which fell short of the estimated $200,000.
Despite financial hurdles, QUBT maintains a low debt-to-equity ratio of 0.13 and a current ratio of 1.61, suggesting a conservative approach to debt and reasonable liquidity.
Quantum Computing Inc. (NASDAQ:QUBT) is a company focused on developing quantum solutions and foundry services. It aims to advance quantum computing technologies, with a particular emphasis on photonic integrated circuits. The company is working on launching its Quantum Photonic Chip Foundry, which has already attracted multiple purchase orders, signaling a growing interest in its technology.
On March 20, 2025, QUBT reported an earnings per share (EPS) of -$0.47, which was significantly below the estimated EPS of -$0.05. This discrepancy highlights the company’s current profitability challenges. The negative price-to-earnings (P/E) ratio of approximately -26.36 further underscores the lack of profitability, as highlighted by the company’s financial metrics.
QUBT’s actual revenue for the period was $62,000, falling short of the estimated $200,000. This shortfall is reflected in the company’s high price-to-sales ratio of about 2,624.76, indicating that investors are paying a premium for each dollar of sales. The enterprise value to sales ratio is similarly high at 2,637.05, suggesting a high valuation relative to sales.
Despite these challenges, QUBT maintains a relatively low debt-to-equity ratio of 0.13, indicating a conservative approach to debt. The current ratio of 1.61 suggests that the company has a reasonable level of liquidity to cover its short-term liabilities. These factors may provide some financial stability as the company works to improve its profitability.
QUBT’s collaborations with NASA highlight the practical applications of its Dirac-3 quantum optimization technology. The company’s efforts to strengthen its financial position and scale operations are crucial as it seeks to accelerate commercialization and capitalize on the growing demand for quantum solutions.