Quantinuum Inc.: Beat — EPS -$0.29, Revenue $9.05M
Earnings BeatQ3 2026 · After-market
Did Quantinuum Inc. (QNT) beat earnings?
Yes, Quantinuum Inc. (QNT) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+21.62% surprise
-$0.29Actual
Expected: -$0.37
Total Revenue+12.14% surprise
$9.05MActual
Expected: $8.07M
vs. year ago +233.0%
Released Nov 05 · 4:01 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $9.05M | $2.71M | +233.0% |
| GAAP Net Loss per Share | -$0.46 | - | - |
| Adjusted Net Loss per Share | -$0.29 | - | - |
| Net Loss | ($117.85M) | ($52.04M) | - |
Financial Outlook / Guidance
| Metric | FY2026 Outlook |
|---|---|
| Guidance | |
| Revenue | $31M-$34M (prev. $28M-$32M |
FY2026 Outlook
- Revenue
- Guidance$31M-$34M(prev. $28M-$32M
Business Highlights
- ➤Signed the largest cloud agreement in Company history, with committed access through Apollo and Nexus.
- ➤Signed a top-five global pharmaceuticals company for quantum-AI cancer-therapy materials work.
- ➤Signed GE Vernova to advance superconducting-materials application development.
- ➤Signed Abu Dhabi Maritime Academy and Quincus for maritime-logistics research and applications.
- ➤Expanded cloud distribution through a leading hyperscaler agreement serving millions of developers.
- ➤Launched a joint Oracle beta program for hybrid quantum-AI applications.
- ➤Continued DARPA QBI Stage B execution and participated in four winning DOE Genesis Mission proposals.
- ➤Began Helios assembly in Singapore ahead of planned spring 2027 commissioning.
- ➤Achieved back-to-back Helios accuracy world records using two logical codes.
- ➤Completed full-scale Sol control-system validation; integration and assembly target Q1 2027.
- ➤Finalized the CHIPS R&D award as the only selected trapped-ion company.
- ➤Announced a multi-generational Nexus roadmap through Apollo.
- ➤Introduced QUOPS with Sandia National Laboratories and NVIDIA.
Management Commentary
Rajeeb Hazra, President and Chief Executive Officer
“In the third-quarter, we extended our technology leadership in the critical area of fault-tolerance, added to our customer base, and expanded our routes to market. This accelerated momentum is supporting our raised revenue outlook for 2026 and giving us more confidence than ever in the opportunity in front of us.”