# Quantum Computing Inc. (QUBT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Computer Hardware. Price $8.01, market value $1.8 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Quantum Computing Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 184.6×**. Each dollar of revenue is priced at 184.6×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -2.8%** (5-yr avg -15.4%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: -18.9%**. Quantum Computing Inc. keeps -18.9% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -775.5%**. Operating margin is negative: the business loses money before interest and tax.
- **Return on equity: -1.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -6.9%**. Return on all capital, debt included, is -6.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -0.9%**. Each dollar of assets produces -0.9% of profit.

## Growth
- **Revenue growth (1 yr): 82.8%** (3-yr 71.2%/yr). Revenue grew 82.8% over the last year.
- **EPS growth (1 yr): 84.9%**. Earnings per share rose 84.9%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 10.7×**. It would take 10.7 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 54.78**. A Z-score of 54.78 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Quantum Computing Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover Quantum Computing Inc.; the consensus is buy, with an average price target of $18.67 (+133% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -45.7%** (YTD -21.9%, 3-mo -19.5%). The shares are down 45.7% over twelve months including dividends.
- **From 52-week high: -69.0%** (29.6% above the low). Trading 69% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 3.68** (volatility 100%). Beta of 3.68 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=QUBT · Page: https://foliofundamentals.com/stocks/qubt

Not investment advice.