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Side-by-side financial comparison of PureTech Health plc (PRTC) and Quantum Computing Inc. (QUBT). Click either name above to swap in a different company.

Quantum Computing Inc. is the larger business by last-quarter revenue ($198.0K vs $180.0K, roughly 1.1× PureTech Health plc). Quantum Computing Inc. runs the higher net margin — -785.9% vs -22820.6%, a 22034.7% gap on every dollar of revenue.

PureTech Health is an American biotechnology company which develops medicines to combat serious diseases. It is listed on the London Stock Exchange.

Rigetti Computing, Inc. is a Berkeley, California-based developer of superconducting quantum integrated circuits used for quantum computers. Rigetti also develops a cloud platform called Forest that enables programmers to write quantum algorithms.

PRTC vs QUBT — Head-to-Head

Bigger by revenue
QUBT
QUBT
1.1× larger
QUBT
$198.0K
$180.0K
PRTC
Higher net margin
QUBT
QUBT
22034.7% more per $
QUBT
-785.9%
-22820.6%
PRTC

Income Statement — Q4 FY2023 vs Q4 FY2025

Metric
PRTC
PRTC
QUBT
QUBT
Revenue
$180.0K
$198.0K
Net Profit
$-41.1M
$-1.6M
Gross Margin
-49.5%
Operating Margin
-38908.9%
-11220.2%
Net Margin
-22820.6%
-785.9%
Revenue YoY
219.4%
Net Profit YoY
97.0%
EPS (diluted)
$-0.15
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRTC
PRTC
QUBT
QUBT
Q4 25
$198.0K
Q3 25
$384.0K
Q2 25
$61.0K
Q4 24
$62.0K
Q3 24
$101.0K
Q2 24
$183.0K
Q4 23
$180.0K
$75.0K
Q3 23
$50.0K
Net Profit
PRTC
PRTC
QUBT
QUBT
Q4 25
$-1.6M
Q3 25
$2.4M
Q2 25
$-36.5M
Q4 24
$-51.2M
Q3 24
$-5.7M
Q2 24
$-5.2M
Q4 23
$-41.1M
$-6.6M
Q3 23
$-6.8M
Gross Margin
PRTC
PRTC
QUBT
QUBT
Q4 25
-49.5%
Q3 25
32.8%
Q2 25
42.6%
Q4 24
54.8%
Q3 24
8.9%
Q2 24
31.7%
Q4 23
13.3%
Q3 23
52.0%
Operating Margin
PRTC
PRTC
QUBT
QUBT
Q4 25
-11220.2%
Q3 25
-2709.4%
Q2 25
-16673.8%
Q4 24
-14375.8%
Q3 24
-5384.2%
Q2 24
-2878.1%
Q4 23
-38908.9%
-8772.0%
Q3 23
-13222.0%
Net Margin
PRTC
PRTC
QUBT
QUBT
Q4 25
-785.9%
Q3 25
620.3%
Q2 25
-59806.6%
Q4 24
-82640.3%
Q3 24
-5618.8%
Q2 24
-2838.3%
Q4 23
-22820.6%
-8836.0%
Q3 23
-13682.0%
EPS (diluted)
PRTC
PRTC
QUBT
QUBT
Q4 25
$0.03
Q3 25
$0.01
Q2 25
$-0.26
Q4 24
$-0.53
Q3 24
$-0.06
Q2 24
$-0.06
Q4 23
$-0.15
$-0.09
Q3 23
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRTC
PRTC
QUBT
QUBT
Cash + ST InvestmentsLiquidity on hand
$191.1M
$1.1B
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$458.2M
$1.6B
Total Assets
$694.0M
$1.6B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRTC
PRTC
QUBT
QUBT
Q4 25
$1.1B
Q3 25
$555.6M
Q2 25
$348.8M
Q4 24
$78.9M
Q3 24
$3.1M
Q2 24
$2.5M
Q4 23
$191.1M
$2.1M
Q3 23
$7.4M
Total Debt
PRTC
PRTC
QUBT
QUBT
Q4 25
Q3 25
Q2 25
Q4 24
Q3 24
Q2 24
Q4 23
$0
Q3 23
Stockholders' Equity
PRTC
PRTC
QUBT
QUBT
Q4 25
$1.6B
Q3 25
$877.9M
Q2 25
$396.0M
Q4 24
$107.3M
Q3 24
$60.4M
Q2 24
$65.5M
Q4 23
$458.2M
$68.7M
Q3 23
$72.2M
Total Assets
PRTC
PRTC
QUBT
QUBT
Q4 25
$1.6B
Q3 25
$898.2M
Q2 25
$426.1M
Q4 24
$153.6M
Q3 24
$76.8M
Q2 24
$76.0M
Q4 23
$694.0M
$74.4M
Q3 23
$89.3M
Debt / Equity
PRTC
PRTC
QUBT
QUBT
Q4 25
Q3 25
Q2 25
Q4 24
Q3 24
Q2 24
Q4 23
0.00×
Q3 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRTC
PRTC
QUBT
QUBT
Operating Cash FlowLast quarter
$-40.8M
$-11.0M
Free Cash FlowOCF − Capex
$-12.2M
FCF MarginFCF / Revenue
-6147.5%
Capex IntensityCapex / Revenue
0.0%
583.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRTC
PRTC
QUBT
QUBT
Q4 25
$-11.0M
Q3 25
$-8.7M
Q2 25
$-6.1M
Q4 24
$-3.8M
Q3 24
$-4.6M
Q2 24
$-4.0M
Q4 23
$-40.8M
$-5.0M
Q3 23
$-4.4M
Free Cash Flow
PRTC
PRTC
QUBT
QUBT
Q4 25
$-12.2M
Q3 25
$-11.5M
Q2 25
$-7.1M
Q4 24
$-6.6M
Q3 24
$-5.1M
Q2 24
$-5.1M
Q4 23
$-5.0M
Q3 23
$-6.0M
FCF Margin
PRTC
PRTC
QUBT
QUBT
Q4 25
-6147.5%
Q3 25
-3000.3%
Q2 25
-11683.6%
Q4 24
-10709.7%
Q3 24
-5040.6%
Q2 24
-2782.0%
Q4 23
-6693.3%
Q3 23
-12022.0%
Capex Intensity
PRTC
PRTC
QUBT
QUBT
Q4 25
583.8%
Q3 25
723.2%
Q2 25
1678.7%
Q4 24
4622.6%
Q3 24
508.9%
Q2 24
588.5%
Q4 23
0.0%
70.7%
Q3 23
3168.0%
Cash Conversion
PRTC
PRTC
QUBT
QUBT
Q4 25
Q3 25
-3.67×
Q2 25
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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