Quantinuum Q2 revenue rises 279% to $8 million; net loss widens to $597 million
Quantinuum reported second-quarter 2026 revenue of $8 million, up 279% from $2 million a year earlier, while its GAAP net loss rose to $597 million from $57 million. The company also set its first formal public-company guidance, expecting 2026 revenue of $28 million to $32 million, and announced a multi-year partnership with Oracle to offer its Helios quantum computer on Oracle Cloud Infrastructure.
Key points
- Q2 2026 GAAP net loss was $597 million, or $1.93 per Class A share, compared with a net loss of $57 million a year earlier.
- Adjusted EBITDA loss was $68 million, compared with $43 million in the prior-year quarter.
- 2026 revenue guidance is $28 million to $32 million, the company's first formal guidance as a public company.
- Cash and short-term investments were $2.1 billion as of June 30, 2026, after an IPO that raised $1.7 billion in gross proceeds.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.