Quantum Computing Inc. Q1 revenue jumps to $3.7M with two acquisitions boosting photonics growth

Quantum Computing Inc. reported Q1 2026 revenue of $3.7 million, up from $39 thousand a year earlier, driven mainly by acquisitions of Luminar Semiconductor and NuCrypt. These acquisitions enhance QCi's photonics and quantum communications capabilities, supporting its goal to deliver scalable quantum solutions for markets like AI, cybersecurity, and aerospace. The company ended the quarter with $1.4 billion in cash and investments, despite a net loss of $4.1 million due to higher expenses and lower non-cash gains. QCi plans to expand manufacturing and strategic partnerships to accelerate commercialization of its quantum technologies.