Q3 Revenue Jumps 233% as Quantinuum Lifts Full-Year Outlook to $31-34M
QNT is trading near its 52-week low of $28.31 (5.4% above the low) on elevated volume (1.9× avg).
Summary
Quantinuum posted Q3 revenue of $9.1 million, up 233% from $2.7 million a year ago, and raised its FY2026 revenue outlook to $31-34 million from the prior $28-32 million. The top line is small in absolute terms but the growth rate and the guidance raise are the story for a recently public quantum name. Profitability remains deeply negative: GAAP net loss was $118 million and adjusted EBITDA loss widened to $80 million from $45 million, driven largely by stock comp and public-company costs. The balance sheet is the cushion — $1.94 billion in cash as of September 30 gives years of runway at this burn. Commercially, they signed the largest cloud agreement in company history with a global financial institution, added a top-5 pharma customer, and launched an Oracle hybrid beta, extending the partnership disclosed in August. Watch the 5 PM ET call today for detail on the guidance raise and the Apollo/Nexus roadmap.
At the time of this announcement, QNT was trading at $29.84 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.9B. The 52-week trading range was $28.31 to $86.79. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.