Quantum Computing Inc. (QCi) released its financial results for the three and six-month periods ended June 30, 2025, on August 14, 2025. For the second quarter of 2025, total revenue was $61 thousand, a decrease from $183 thousand in Q2 2024. The company reported a net loss attributable to common stockholders of $36.482 million, compared to a net loss of $5.194 million in Q2 2024.
Operating expenses for Q2 2025 increased to $10.197 million from $5.325 million in Q2 2024, driven by higher research and development, sales and marketing, and general and administrative expenses. For the first half of 2025, total revenue was $100 thousand, a decrease from $210 thousand in H1 2024, with a net loss of $19.500 million, compared to $11.630 million in H1 2024.
Interim CEO Dr. Yuping Huang highlighted meaningful commercial progress with new customer wins in quantum sensing, cybersecurity, and AI, including first shipments to leading research institutions and commercial enterprises in Europe, Asia, and the U.S. He also noted the launch of the operational chip foundry in Arizona as a major strategic milestone, enabling fulfillment of pre-orders and scalable production.
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