Shares of Quantum Computing Inc. (QUBT) surged 11.13% in after-hours trading on Friday, following the release of the company's impressive third-quarter 2025 financial results. The strong performance was driven by significant revenue growth and positive net income, marking a turnaround from the previous year's losses.

Key highlights from the Q3 report include: - Revenue increased by 280% year-over-year to $384,000, significantly beating the consensus estimate of $116,667. - The company reported a net income of $2.4 million, or $0.01 per share, compared to a net loss of $5.7 million, or $0.06 per share, in the same quarter last year. - Gross margin improved to 33%, up from 9% in the previous year. - Total assets reached $898.2 million, with cash and investments totaling over $813 million.

Dr. Yuping Huang, Interim CEO of QCi, attributed the revenue increase to growth in research and development services, custom hardware contracts, and initial revenue from cloud-based access to the company's Dirac-3 quantum optimization system. The company also secured its first U.S. commercial sale of quantum cybersecurity solutions to a top 5 U.S. bank, demonstrating growing market traction. With a strengthened balance sheet and ongoing strategic partnerships, including collaboration with NASA, Quantum Computing Inc. appears well-positioned for continued growth in the expanding quantum technology sector.