Second-Quarter Revenue Grew 279% Year-Over-Year; Increased FY2026 Outlook Demonstrated Near Five-Nines Logical Fidelity on Helios, Extending Leadership in Fault Tolerance Announced Industry-First Partnership with Oracle to Deploy Helios as an Oracle Cloud Infrastructure (OCI) Service Strengthened Supply Chain Through Strategic Collaboration with Major Global Electronics Manufacturer
BROOMFIELD, Colo., Aug. 11, 2026 /PRNewswire/ -- Quantinuum Inc. (Nasdaq: QNT) (the "Company"), a leading quantum computing company, today announced financial results for the second quarter ended June 30, 2026.
"Our second quarter performance demonstrated strong execution against our strategy. We delivered critical R&D breakthroughs to advance our platform roadmap and enhance our competitive position, strengthened our supply chain and manufacturing capabilities, and increased our developer ecosystem engagement," said Rajeeb Hazra, President and CEO of Quantinuum. "As a result, we are seeing accelerating commercial momentum for the business, reflected in the second quarter results and the improved full-year outlook. With over $2 billion in cash, we have the capability to invest to accelerate our business plans, while maintaining a disciplined approach to capital allocation to ensure sustainable long-term growth and profitability." Second Quarter 2026 Financial HighlightsAdjusted EBITDA, Adjusted Gross Margin and Adjusted net loss per share are non-GAAP financial measures defined under "Non-GAAP Financial Measures." For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, refer to the Appendix tables at the end of this press release. Second Quarter and Recent Business HighlightsCommercial HighlightsR&D MilestonesProduct Technology and Supply ChainEcosystemApplication ResearchFinancial OutlookSecond Quarter 2026 Conference Call
