What is Quantum Computing Inc.'s gross margin?

Quantum Computing Inc. (QUBT) reported gross margin of 36.4% in Q3 2025.

How has Quantum Computing Inc.'s gross margin changed year-over-year?

Quantum Computing Inc.'s gross margin increased by 59.9% year-over-year, from 22.8% to 36.4%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Quantum Computing Inc. QUBT Gross margin

Gross margin at other companies

IntelINTC

35.4%+3.8pp

International Business MachinesIBM

58.4%+1.3pp

MicrosoftMSFT

68.3%-0.8pp

AmazonAMZN

50.6%+1.4pp

IonQIONQ

34.6%-15.5pp

Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$3.7M+9,364%

Gross profit-$721.0K-5,646%

Operating income-$20.6M-148%

Net income-$4.1M-124%

EPS (diluted)-$0.02-118%

Balance sheet

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Cash & equivalents$257.7M+54.8%

Total debt$5.4M+259%

Total equity$1.6B+623%

Total assets$1.6B+568%

Cash flow

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Operating cash flow-$9.4M-113%

CapEx$1.8M+5.1%

Free cash flow-$11.2M-82.4%

Valuation

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Market cap$2.37B+40.1%

Enterprise value$2.11B+37.8%

P/S545.9×-3,841×

Profitability

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Operating margin-1,461.5%-649pp

Net margin-916.2%-439pp

FCF margin-970.6%-442pp

Returns & leverage

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Return on equity-4.4%-2.0pp

Debt / equity0×0.0×

Current ratio66.7×+22.0×

Where this comes from

Calculated from Quantum Computing Inc.’s reported figures.

gross profit/total revenue=36.4%

Based on trailing twelve months.

The official record: Quantum Computing Inc.’s 10-Q, filed November 14, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Quantum Computing Inc.'s gross margin?: Quantum Computing Inc. (QUBT) reported gross margin of 36.4% in Q3 2025.
How has Quantum Computing Inc.'s gross margin changed year-over-year?: Quantum Computing Inc.'s gross margin increased by 59.9% year-over-year, from 22.8% to 36.4%.
What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.