Quantum Computing Past Earnings Performance
Past criteria checks 0/6
Quantum Computing's earnings have been declining at an average annual rate of -32.5%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 84.1% per year.
Key information
-32.5%
Earnings growth rate
8.3%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 84.1% |
| Return on equity | -40.6% |
| Net Margin | -8,303.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Does Quantum Computing (NASDAQ:QUBT) Have A Healthy Balance Sheet?
Mar 12
Would Quantum Computing (NASDAQ:QUBT) Be Better Off With Less Debt?
Jul 28Investors In Quantum Computing Should Be Very Cautious
Sep 26Quantum Computing: Poised For Greatness In The Next Big Wave Of Computing Disruption
Jul 11Quantum Computing, Inc: We Commence Coverage At Speculative Buy
Jul 22Revenue & Expenses BreakdownBeta
How Quantum Computing makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 0 | -30 | 17 | 10 |
| 30 Sep 23 | 0 | -40 | 26 | 11 |
| 30 Jun 23 | 0 | -40 | 27 | 10 |
| 31 Mar 23 | 0 | -40 | 30 | 8 |
| 31 Dec 22 | 0 | -39 | 29 | 7 |
| 30 Sep 22 | 0 | -35 | 12 | 11 |
| 30 Jun 22 | 0 | -33 | 11 | 10 |
| 31 Mar 22 | 0 | -32 | 11 | 10 |
| 31 Dec 21 | 0 | -28 | 8 | 9 |
| 30 Sep 21 | 0 | -23 | 16 | 2 |
| 30 Jun 21 | 0 | -30 | 20 | 2 |
| 31 Mar 21 | 0 | -27 | 17 | 2 |
| 31 Dec 20 | 0 | -25 | 16 | 2 |
| 30 Sep 20 | 0 | -21 | 11 | 1 |
| 30 Jun 20 | 0 | -8 | 1 | 1 |
| 31 Mar 20 | 0 | -8 | 3 | 1 |
| 31 Dec 19 | 0 | -8 | 2 | 1 |
| 30 Sep 19 | 0 | 17 | -18 | 1 |
| 30 Jun 19 | 0 | -11 | 7 | 0 |
| 31 Mar 19 | 0 | -10 | 6 | 0 |
| 31 Dec 18 | 0 | -11 | 6 | 0 |
Quality Earnings: QUBT is currently unprofitable.
Growing Profit Margin: QUBT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QUBT is unprofitable, and losses have increased over the past 5 years at a rate of 32.5% per year.
Accelerating Growth: Unable to compare QUBT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QUBT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (24.9%).
Return on Equity
High ROE: QUBT has a negative Return on Equity (-40.58%), as it is currently unprofitable.