Quantum Computing (QUBT) Revenue — Quarter Ended Mar 31, 2025
Revenue declined in the first quarter of 2025 compared to the preceding quarter, but increased compared to the same quarter one year earlier. The sequential decrease continues the downward trajectory seen in recent quarters.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue declined in the first quarter of 2025 compared to the preceding quarter, but increased compared to the same quarter one year earlier. The sequential decrease continues the downward trajectory seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$39K
Revenue reported for this quarter.
Quarter-over-quarter
-37.1%
Change from the immediately preceding quarter.
Year-over-year
+44.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$385K
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $183K | +63.4% |
| Sep 30, 2024 | $101K | +102.0% |
| Dec 31, 2024 | $62K | -17.3% |
| Mar 31, 2025 | $39K | +44.4% |
Revenue performance
Revenue for the quarter was lower than the immediately preceding quarter, yet higher than the same period a year ago.
Quarterly comparison
When compared to the prior quarter, revenue decreased; however, it showed an improvement over the year-ago quarter.
What to watch
The ongoing sequential decline in revenue may warrant monitoring, particularly as the company continues to invest heavily in operations.