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description: Quantum Computing Inc. (QCi) reported $5.6 million in Q2 revenue, a dramatic jump from $61,000 a year earlier, though $5.1 million of that came from three...
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# Quantum Computing Inc. Revenue Jumps as Acquisitions Expand Commercial Business

**[The Quantum Insider](https://daily.dev/sources/thequantuminsider)** · 7 min read · 0 upvotes · 0 comments

## Summary

Quantum Computing Inc. (QCi) reported $5.6 million in Q2 revenue, a dramatic jump from $61,000 a year earlier, though $5.1 million of that came from three acquisitions completed in the first half of the year: Luminar Semiconductor, NuCrypt, and NHanced Semiconductors. The company spent approximately $180 million in cash on those deals. Despite revenue growth, QCi posted a $23 million operating loss and a $1.2 million gross loss, as costs of revenue exceeded sales. The company holds roughly $1.3 billion in cash and investments, generating nearly $13 million in interest income. Commercial milestones include the sale and installation of a Dirac-3 quantum optimization system at a global consulting firm, a purchase order for a quantum-secure communications system from a university, and a framework agreement with Planck Dynamics for NeuraWave photonic reservoir computing systems potentially worth over $10 million. QCi also disclosed material weaknesses in its financial reporting controls, targeting remediation by end of 2026.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thequantuminsider.com/2026/08/10/quantum-computing-inc-revenue-jumps-as-acquisitions-expand-commercial-business>

## Questions this post answers

### How much revenue did Quantum Computing Inc. report in Q2 2026 and where did it come from?

QCi reported $5.6 million in Q2 2026 revenue, up from $61,000 in the same quarter a year earlier. Of that total, $5.1 million came from three acquisitions completed in the first half of the year: Luminar Semiconductor, NuCrypt, and NHanced Semiconductors. Organic revenue from QCi's existing operations contributed only about $500,000.

_Teams tracking quantum computing company financials and commercialization progress follow developments like these on daily.dev._

### What material weaknesses did Quantum Computing Inc. disclose in its Q2 2026 filing?

QCi disclosed that its disclosure controls and procedures were not effective as of June 30 due to material weaknesses in internal controls over financial reporting. Management stated the weaknesses did not result in material misstatements. Remediation steps include adding accounting personnel, documenting additional financial procedures, and improving IT and financial controls, with a target completion by end of 2026.

_Developers and engineers at quantum startups navigating rapid expansion and compliance challenges track stories like this on daily.dev._

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---

Tags: [#business](https://daily.dev/tags/business), [#quantum-computing](https://daily.dev/tags/quantum-computing)

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