Quantinuum posts Q3 loss, revenue jumps 233% and lifts full‑year outlook

Quantinuum Inc. reported third‑quarter 2026 revenue of $9.1 million, a 233 % increase from the same quarter a year earlier. GAAP net loss widened to $118 million, while adjusted loss narrowed to $0.29 per share. The company raised its full‑year revenue target to a range of $31 million‑$34 million. Shares moved higher after the release.

The higher revenue and raised guidance suggest stronger demand for Quantinuum’s quantum‑computing services, which could improve future cash‑flow expectations (the company’s own press release states the outlook). The widened GAAP loss reflects higher operating costs, but the narrower adjusted loss may be viewed positively by analysts focusing on non‑GAAP metrics.

  • 1Revenue for the quarter was $9.1 million, up 233 % year‑over‑year.
  • 2GAAP net loss for the quarter totaled $118 million, versus $52 million in the prior‑year period.
  • 3Adjusted loss per share was $0.29.
  • 4GAAP loss per share was $0.46.
  • 5Full‑year 2026 revenue guidance was increased to $31 million‑$34 million.
  • 6Cash and cash equivalents stood at $1.94 billion as of September 30, 2026.

Sources