Quantinuum (QNT) Income Statement

Quantinuum reported revenue of $30.93M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 34.6% from $22.98M a year earlier. Quantinuum posted a net loss of $71.53M, compared with a net loss of $144.07M a year earlier. Gross margin was 62.2% and operating margin -1713.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $8.00M, up 279.4% from the same quarter a year earlier.

Quantinuum Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Quantinuum Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024
Period ending	Dec 2025	Dec 2024
Revenue & Gross Profit
Revenue	30.93	22.98
Cost of Revenue	11.70	10.81
Gross Profit	19.23	12.17
Operating Expenses
Research & Development	405.25	122.24
Selling, General & Administrative	132.67	31.33
Operating Expenses	549.28	164.93
Operating Income	-530.05	-152.75
Other Income/Expense
Interest Income	12.68	10.03
Interest Expense	0.00	0.00
Other Income/Expense	-37.91	8.92
Income
Income Before Tax	-567.96	-143.84
Income Tax Expense	0.08	0.23
Net Income	-71.53	-144.07
Net Income - Continuous Operations	-71.53	-144.07
Net Income - Discontinued Operations	-	-
EBITDA	-538.16	-111.64
EBIT	-530.05	-152.75
Depreciation & Amortization	29.80	32.20
Earnings Per Share
Basic EPS	-2.00	-4.00
Diluted EPS	-2.00	-4.00
Basic Shares Outstanding	33.21	34.66
Diluted Shares Outstanding	33.21	34.66

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Quantinuum Financial Statements

What was Quantinuum's revenue in fiscal 2025?

Quantinuum reported revenue of $30.93M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 34.6% from $22.98M a year earlier.

Is Quantinuum profitable?

No. Quantinuum reported a net loss of $71.53M in fiscal 2025. In fiscal 2024 it lost $144.07M.

What is Quantinuum's operating margin?

Quantinuum's operating income was −$530.05M on revenue of $30.93M in fiscal 2025, an operating margin of -1713.7%, compared with -664.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition