Quantinuum Inc. (NASDAQ: QNT) has reported its monetary outcomes for the second quarter ended June 30, 2026. This launch marks Quantinuum’s inaugural quarterly monetary report as a public firm following the profitable completion of its conventional preliminary public providing (IPO), which raised $1.7 billion in gross proceeds.
Due to Quantinuum’s Up-C company construction following its public providing reorganization, GAAP web loss attributable to Quantinuum Inc. covers the interval from June 5, 2026 by way of June 30, 2026. Administration evaluates the general enterprise on an as-converted, absolutely distributed foundation. The desk beneath summarizes key monetary metrics for Q2 2026 in contrast with the year-ago quarter (Q2 2025).
*Be aware: Baseline money comparability displays December 31, 2025 ($762.64M). The $2.11 billion steadiness as of June 30, 2026, displays the web proceeds from the $1.7 billion IPO accomplished in June 2026.
Monetary Overview and FY2026 Steering
Quantinuum generated $8.00 million in income for Q2 2026, representing a 279.4% improve year-over-year in comparison with $2.11 million in Q2 2025. Prime-line growth was pushed by accelerating enterprise adoption throughout cloud entry, skilled providers, and developer ecosystem instruments.
GAAP Web Loss was ($596.52) million on an as-converted foundation, closely impacted by one-time non-cash inventory compensation fees ($464.59M) triggered by the reorganization and public itemizing, $10.62M in IPO transaction prices, and a $47.62M non-cash fair-value adjustment on warrant liabilities. On a non-GAAP foundation:
Adjusted Gross Revenue reached $4.94 million (61.7% Adjusted Gross Margin).
Adjusted EBITDA Loss stood at ($68.31) million.
Adjusted Web Loss Per Share (absolutely distributed throughout 261.5M adjusted shares) was ($0.28).
The corporate closed the quarter with $2.11 billion in money, money equivalents, and short-term investments.
Full-Yr 2026 Steering
Quantinuum established its first formal monetary steerage as a public firm, forecasting full-year 2026 income to be within the vary of $28 million to $32 million.
Business Highlights & Main Partnerships
Oracle Cloud Infrastructure (OCI) Deployment: Introduced an industry-first strategic partnership with Oracle to deploy its next-generation Helios system immediately inside OCI’s AI knowledge facilities. Working on-premises inside OCI permits Helios to combine immediately with OCI compute, storage, networking, and safety providers for hybrid quantum-AI workloads.
HPE Hybrid Supercomputing: Partnered with Hewlett Packard Enterprise to mix trapped-ion quantum processing with high-performance computing (HPC) and AI environments for scientific and industrial workflows.
International Electronics Manufacturing Associate: Signed a joint growth settlement with a serious international electronics producer to co-develop provide chain, techniques engineering, and quantity manufacturing infrastructure for future QCCD techniques.
CHIPS Act LOI: Entered right into a letter of intent with the U.S. Division of Commerce’s CHIPS R&D Workplace to speed up onshore manufacturing and trapped-ion provide chain resilience.
R&D Milestones & {Hardware} Roadmap
Helios 5-Nines Logical Constancy: Demonstrated close to “five-nines” (99.999%) logical qubit constancy on Helios using a novel quantum error correction (QEC) code household.
Sol (2027) Progress: The lure chip for Sol (scheduled for 2027 launch) returned from fabrication and entered product validation testing.
Apollo (2029) Progress: Prototyping superior throughout key architectural subsystems for Apollo.
Developer Ecosystem Enlargement: Reached 180 energetic organizations on the Nexus cloud platform; launched Guppy Playpond for developer onboarding; and built-in Qedma’s error suppression instruments into Nexus.
Utility Advances: Invented a brand new parallel quantum phase-estimation algorithm for molecular property calculations; demonstrated AI-driven quantum simulation with NVIDIA and a Fortune 100 pharmaceutical agency; and simulated complicated magnetic supplies past classical compute limits.
Assets and Additional Studying
Further particulars relating to this report could be discovered within the Quantinuum Q2 2026 press launch right here, the Q2 2026 Earnings Name Transcript right here, and the corporate’s SEC Kind 8-Ok submitting right here.
August 12, 2026
