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Quantum Computing Inc. QUBT Professional and outside services

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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$1.98B-23.4%
Enterprise value$1.73B-33.2%
P/S456.6×-9,371×

Profitability

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Gross margin36.4%+13.6pp
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×
Current ratio66.7×+22.0×

Where this comes from

Reported directly by Quantum Computing Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalAndContractServicesExpense.

The source filing: Quantum Computing Inc.’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-054473
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Salaries and employee related costs8,8103,245
Stock-based compensation1,2461,405
Rent and facilities831233
Professional services and legal fees7,4931,532
Technology & IT costs1,100452
Direct and indirect materials657-
Other sales and marketing costs932265
Depreciation and amortization expense1,972975

Item 1. Financial Statements (Unaudited)

FAQ

What is Quantum Computing Inc.'s professional and outside services?
Quantum Computing Inc. (QUBT) reported professional and outside services of $7.49M in Q1 2026.
How has Quantum Computing Inc.'s professional and outside services changed year-over-year?
Quantum Computing Inc.'s professional and outside services increased by 389.1% year-over-year, from $1.53M to $7.49M.
What does professional and outside services mean?
Represents the total costs incurred for external professional services, including legal, consulting, accounting, and outsourced technical labor. This metric reflects the company's reliance on third-party expertise to support operational scaling and specialized project execution.

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