Quantinuum Reports Second Quarter 2026 Results 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 Highlights - Completed industry's first traditional initial public offering, raising $1.7 billion in gross proceeds - Revenue was $8 million, +279% year-over-year, versus $2 million in the prior-year period - GAAP gross margin was (64.4%), up 27 percentage points versus the prior-year period - Adjusted gross margin was 62%, down 60 basis points versus the prior-year period - GAAP net loss was $597 million, compared with a net loss of $57 million in the prior-year period - Adjusted EBITDA loss was $68 million, compared with a loss of $43 million in the prior-year period - GAAP net loss per share attributable to Class A common stockholders was $1.93 - Adjusted net loss per