Quantinuum (QNT)
Builds trapped-ion quantum systems with cloud software, applications and cybersecurity products.
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Combines trapped-ion quantum systems, cloud access, developer software, applications and cybersecurity products, earning revenue through subscriptions, deployments, licenses and services. A hardware-led, software-enhanced model spans a single reportable segment and depends on both cloud partners and specialized ion-trap manufacturing.
Combines trapped-ion quantum systems with control software, cloud orchestration, developer tools, applications and cybersecurity products. Helios, available through its cloud and on premises, is the current flagship system; H2 remains deployed in commercial and research environments. Nexus provides a shared environment for quantum projects, while Guppy, TKET and Lambeq support program development. InQuanto addresses computational chemistry, and Quantum Origin supplies software-generated quantum randomness.
Generates revenue from cloud access, on-premises systems, software licenses, research and application-development services, and selective intellectual-property monetization. Most revenue comes from customers outside the United States and is recognized over time. Its hybrid model directs workloads across CPUs, GPUs and quantum processors, while critical ion-trap manufacturing, cloud partners, export controls and government security commitments shape operations.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 12, 2026 | Bernstein | Reiterate | Rating: —Target: — | Target: $95 |
| Aug 12, 2026 | Jefferies | Target | Target: $90 | Target: $85 |
| Jun 29, 2026 | Craig-Hallum | Initiate | Rating: —Target: — | Target: $100 |
| Jun 29, 2026 | Needham | Initiate | Rating: —Target: — | Target: $100 |
| Jun 29, 2026 | Cantor Fitzgerald | Initiate | Rating: —Target: — | Target: $90 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.11B · Total debt $29.9M · Total assets $3.23B · Shareholders' equity $413.1M
- Revenue
- $8.0M
- Operating income
- −$555.0M
- Net income
- −$175.5M
No dividends on record.
| Institutions | 92.15% | 34.00M shares | |
|---|---|---|---|
| 182 holders · as of Jun 30, 2026 | |||
| Other | 7.85% | 2.89M shares | |
| remainder | |||
36.89M company shares as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
The reported float (29.43M, 89.6% free) does not reconcile with the share count, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Capital World InvestorsInstitution | 12.36% | 4.56M | as of Jun 30, 2026 |
Citadel Advisors LLCInstitution | 6.23% | 2.30M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 6.12% | 2.26M | as of Jun 30, 2026 |
Capital Research Global InvestorsInstitution | 4.76% | 1.75M | as of Jun 30, 2026 |
Defiance Etfs, LLCInstitution | 3.29% | 1.22M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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- Alphabet Class A
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- Amazon
Cloud control point for quantum development, QPU access, and billing.
- Rigetti Computing
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- Infleqtion
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- D-Wave Quantum
Annealing and hybrid optimization alternative for enterprise spend.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Quantinuum | $51.31 | +0.31% | $13.47B | — | — | — | — |
| IBM | $234.58 | +1.14% | $218.51B | 20.5 | 18.4 | 3.2 | +1.1% |
| IonQ | $40.33 | −0.46% | $15.12B | — | — | 61.3 | +286.8% |
| Microsoft | $499.27 | −0.47% | $3.72T | 27.9 | 25.5 | 11.2 | +17.8% |
| Alphabet Class A | $360.97 | +1.69% | $4.30T | 17.8 | 26.9 | 9.6 | +24.2% |
| Amazon | $257.97 | −0.19% | $2.78T | 20.8 | 27.6 | 3.6 | +19.6% |
| Rigetti Computing | $16.28 | −1.51% | $5.49B | — | — | 411.5 | +185.3% |
| Infleqtion | $13.79 | −1.22% | $3.05B | — | — | 137.9 | — |
| D-Wave Quantum | $17.39 | −1.78% | $6.50B | — | — | 523.2 | −0.6% |
| Median | 20.7 | 26.2 | 36.3 | +19.6% |