Quantinuum Reports Third Quarter 2026 Results and Raises Full-Year Revenue Outlook
Quantinuum reported Q3 2026 revenue of $9.1 million, up 233% year-over-year from $2.7 million, and raised its full-year 2026 revenue outlook to $31-$34 million from $28-$32 million. Losses widened substantially: GAAP net loss grew to $118 million from $52 million a year ago, with adjusted EBITDA loss of $80 million, though the company holds $1.94 billion in cash following its mid-2026 listing. Commercially, the company signed its largest-ever cloud agreement with a leading global financial institution, added a top-5 pharma and GE Vernova as customers, and grew Nexus platform adoption nearly 20% quarter-over-quarter to 215 organizations.
Key figures
- Revenue
- 9050000
- Guidance
- FY2026 revenue raised to $31-$34 million, up from $28-$32 million previously
- Revenue Yoy
- 233%
- Q net members
- 800
- Gaap gross margin
- 33.3%
- Nine month revenue
- 22285000
- Adjusted ebitda loss
- $80 million
- Cash and equivalents
- 1936114000
- Adjusted gross margin
- 74.6%
- Prior year q3 revenue
- 2715000
- Nexus adopting organizations
- 215
- Nine month revenue prior year
- 23908000
AI analysis
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