Quantum Computing Inc Q4/FY2025: opened Tempe TFLN Fab 1, raised >$1.5B, POET TFLN-modulator collaboration
On 2026-03-02 Quantum Computing Inc. (Nasdaq: QUBT) reported Q4 and full-year 2025 results (EODHD EPS -$0.0395 vs -$0.04). The company highlighted that it had completed and opened 'Fab 1', its thin-film-lithium-niobate chip-manufacturing facility in Tempe, Arizona, expanded foundry services, strengthened leadership and board, and raised over $1.5 billion of liquidity. QCi also cited a strategic collaboration with POET Technologies to develop 400G/lane TFLN-modulator-based 3.2 Tbps engines. Revenue remained small. Filed on Form 8-K (Item 2.02) and Form 10-K.
The operating revenue stays negligible, so the print is a lower-band earnings event; the meaningful substance is operational - Fab 1 manufacturing online, a >$1.5B balance sheet, and the POET TFLN-modulator collaboration - which together mark QCi's transition from prototype toward photonic-foundry production.
With Fab 1 live and capital in hand, QCi's story shifts to filling the foundry: the POET datacom-modulator collaboration and the Luminar photonics team are the demand-and-capability pieces that would need to convert into revenue.