Quantinuum Inc. (QNT)
Quantinuum Inc. manufactures and develops quantum computing hardware and software in United States and Internationally. The company develops a quantum computing platform that offers solutions, such as hardware platforms, developer tools, application libraries, and solution-targeted intellectual property. Its integrated quantum computing platform combines quantum hardware systems and middleware with application software designed to make quantum computing deployable in real-world environments. The company was founded in 2021 and is based in Broomfield, Colorado.
Sector: Services-Computer Integrated Systems Design
Industry: Computer Hardware
Quantinuum Inc. Class A Common Stock
NASDAQ:QNTTechnology · Computer Hardware
PrePre-market-1.33%$37.07
Close$37.57-0.50%AH$37.38-0.83%Now$37.07
Close$37.57+25.99%AH$37.38-0.83%since
Mkt Cap$1.63B
Float30.42M
O/S43.31M
PM VOL11K sh
$ Vol≈$401K
RVOL1.15×
Inst Own82.2%
SI19.3%
Dilution
Financials Summary
Revenue$30.93M
Net Income-$71.53M
Total Assets$1.85B
Free Cash Flow-$235.35M
Debt & Equity
Debt 0%
Equity 53%
Preferred 47%
Total Debt$10.46M
Total Equity$1.69B
Preferred Stock$1.51B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in QNT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.85B
Liabilities$158.03M
Accounts Receivable$13.31M
Accounts Payable$10.62M
Inventory$0
PP&E (Net)$130.97M
Goodwill$784.82M
Intangible Assets$115.54M
Income Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Revenue | $30.93M | $22.98M |
| YoY Growth | 34.6% | - |
| Cost of Revenue | $11.7M | $10.81M |
| Gross Profit | $19.23M | $12.17M |
| Gross Margin | 62.2% | 53.0% |
| Research and Development | $405.25M | $122.24M |
| Selling, General, and Administrative | $132.67M | $31.33M |
| Other | $11.36M | $11.36M |
| Total Operating Expenses | $549.28M | $164.93M |
| Operating Income (EBIT) | -$530.05M | -$152.75M |
| Operating Margin | -1713.7% | -664.8% |
| Interest Expense | $0 | $0 |
| Interest Income | $12.68M | $10.03M |
| Other Income (Expense) | -$37.91M | $8.92M |
| Income Before Tax (EBT) | -$567.96M | -$143.84M |
| Income Tax Expense | $75K | $233K |
| Net Income | -$71.53M | -$144.07M |
| Net Income Margin | -231.3% | -627.0% |
| Supplementary Data | ||
| EPS | -2.15 | -4.16 |
| Diluted EPS | -2.15 | -4.16 |
| Weighted Average OS | 33.21M | 34.66M |
| EBITDA | -$538.16M | -$111.64M |
| EBITDA Margin | -1739.9% | -485.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $762.64M | $172.34M |
| Short-Term Investments | $5.77M | $0 |
| Cash and Short-Term Investments | $768.41M | $172.34M |
| Accounts Receivable | $13.31M | $13.04M |
| Inventory | $0 | $0 |
| Other Current Assets | $11.04M | $8.6M |
| Total Current Assets | $801.84M | $198.94M |
| Long-Term Assets | ||
| Property, Plant & Equipment Net | $130.97M | $79.96M |
| Goodwill | $784.82M | $730.08M |
| Intangible Assets | $115.54M | $52.76M |
| Long-Term Investments | $10.1M | $0 |
| Deferred Tax Assets | $0 | $0 |
| Other Long-Term Assets | $2.35M | $8.62M |
| Total Long-Term Assets | $1.04B | $871.42M |
| Other Assets | $0 | $0 |
| Total Assets | $1.85B | $1.07B |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payable | $10.62M | $8.09M |
| Short-Term Debt | $0 | $0 |
| Current Income Tax Payable | $1.94M | $2.27M |
| Current Unearned Revenue | $6.09M | $1.4M |
| Other Current Liabilities | $11.85M | $8.59M |
| Total Current Liabilities | $56.25M | $30.85M |
| Long-Term Liabilities | ||
| Long-Term Debt | $0 | $0 |
| Long-Term Unearned Revenue | $514K | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 |
| Other Long-Term Liabilities | $94.12M | $35.8M |
| Total Long-Term Liabilities | $101.78M | $40.87M |
| Other Liabilities | $0 | $0 |
| Total Liabilities | $158.03M | $71.72M |
| Stockholders' Equity | ||
| Preferred Stock | $1.51B | $689.11M |
| Common Stock | $30K | $30K |
| Retained Earnings | -$744.76M | -$552.2M |
| Comprehensive Income & Other | $3.54M | -$56.2M |
| Other Stockholders' Equity | $2.43B | $1.55B |
| Total Equity | $1.69B | $998.63M |
| Minority Interest | $0 | $0 |
| Total Liabilities and Equity | $1.85B | $1.07B |
| Supplementary Data | ||
| Total Debt | $10.46M | $7.63M |
| Net Debt | -$752.19M | -$164.71M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Operating Activities | ||
| Net Income | -$192.56M | -$144.07M |
| Depreciation & Amortization | $29.8M | $32.2M |
| Deferred Income Tax | $0 | $0 |
| Stock-Based Compensation | $0 | $363K |
| Changes in Working Capital: | ||
| Accounts Receivable | $5.42M | -$4.24M |
| Inventory | $0 | $0 |
| Accounts Payable | -$5.43M | -$5.14M |
| Other Working Capital | $5.56M | -$9.16M |
| Total Working Capital Change | $5.55M | -$18.54M |
| Other Non-Cash Items | -$3.06M | $9.14M |
| Net Cash from Operating | -$160.27M | -$120.91M |
| Investing Activities | ||
| Capital Expenditures | -$75.08M | -$13.98M |
| Acquisitions | $0 | $0 |
| Purchases of Investments | $0 | $0 |
| Sales of Investments | $0 | $0 |
| Other Investing Activities | $0 | $0 |
| Net Cash from Investing | -$75.08M | -$13.98M |
| Financing Activities | ||
| Debt Repaid | - | - |
| Common Stock Issuance | $0 | $0 |
| Common Stock Repurchases | $0 | $0 |
| Dividends Paid | $0 | $0 |
| Other Financing Activities | $0 | -$12K |
| Net Cash from Financing | $824.83M | $140.55M |
| Forex Effect | $815K | -$580K |
| Net Change in Cash | $590.3M | $5.07M |
| Supplementary Data | ||
| Operating Cash Flow | -$160.27M | -$120.91M |
| Capital Expenditure | -$75.08M | -$13.98M |
| Free Cash Flow | -$235.35M | -$134.89M |
| Cash at Beginning | $172.34M | $167.27M |
| Cash at End | $762.64M | $172.34M |