Income Statement Quantinuum Inc.

Stocks

QNT

US74768A1043

IT Services & Consulting

Real-time Estimate Cboe BZX Other stock markets 12:52:53 2026-06-11 pm EDT			5-day change	1st Jan Change
55.92 ^USD	-0.60%		0.00%	-

Jun. 04	Quantinuum Inc.(NasdaqGM:QNT) added to NASDAQ Composite Index	CI
Jun. 04	Quantinuum makes strongmarket debut with $17.6bn valuation

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Published financial data: QUANTINUUM INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2024	2025
Revenues	22.98M	30.93M
Total Revenues	22.98M	30.93M
Cost of Goods Sold, Total	10.81M	4.73M
Gross Profit	12.17M	26.2M
Selling General & Admin Expenses, Total	31.33M	48.72M
R&D Expenses	122M	165M
Amortization of Goodwill and Intangible Assets - (IS)	11.36M	11.36M
Other Operating Expenses, Total	165M	225M
Operating Income	-153M	-199M
Interest And Investment Income	10.02M	12.68M
Net Interest Expenses	10.02M	12.68M
Other Non Operating Income (Expenses)	-1.11M	-3.97M
EBT, Excl. Unusual Items	-144M	-191M
Legal Settlements	-	-1.9M
EBT, Incl. Unusual Items	-144M	-192M
Income Tax Expense	233K	75K
Earnings From Continuing Operations	-144M	-193M
Net Income to Company	-144M	-193M
Net Income - (IS)	-144M	-193M
Net Income to Common Incl Extra Items	-144M	-193M
Net Income to Common Excl. Extra Items	-144M	-193M
Supplemental Items
EBITDA	-121M	-170M
EBITA	-141M	-188M
EBIT	-153M	-199M
EBITDAR	-115M	-162M
Effective Tax Rate - (Ratio)	-0.16	-0.04
Current Domestic Taxes	-	5K
Current Foreign Taxes	233K	70K
Total Current Taxes	233K	75K
Normalized Net Income	-89.9M	-119M
Supplemental Operating Expense Items
Selling and Marketing Expenses	10.28M	18.86M
General and Administrative Expenses	21.05M	29.86M
Research And Development Expense From Footnotes	122M	165M
Net Rental Expense, Total	5.95M	7.66M
Stock-Based Comp., G&A Exp. (Total)	108K	-
Stock-Based Comp., Other (Total)	255K	-
Total Stock-Based Compensation	363K	-

Fiscal Period: December	2024	2025
Assets
Cash And Equivalents	172M	763M
Total Cash And Short Term Investments	172M	763M
Accounts Receivable, Total	5.22M	11.44M
Other Receivables	7.83M	7.64M
Total Receivables	13.04M	19.08M
Other Current Assets, Total	13.55M	20.12M
Total Current Assets	199M	802M
Gross Property Plant And Equipment	157M	215M
Accumulated Depreciation	-77.42M	-84.52M
Net Property Plant And Equipment	79.96M	131M
Goodwill	730M	785M
Other Intangibles, Total	52.76M	116M
Accounts Receivable Long-Term	-	10.1M
Other Long-Term Assets, Total	8.62M	2.35M
Total Assets	1.07B	1.85B
Liabilities
Accounts Payable, Total	8.91M	11.89M
Accrued Expenses, Total	12.98M	22.28M
Current Portion of Leases	2.56M	3.31M
Current Income Taxes Payable	2.26M	1.94M
Unearned Revenue Current, Total	1.4M	6.09M
Other Current Liabilities	2.74M	10.73M
Total Current Liabilities	30.85M	56.25M
Long-Term Leases	5.08M	7.14M
Unearned Revenue Non Current	-	514K
Other Non Current Liabilities	35.8M	94.12M
Total Liabilities	71.72M	158M
Preferred Stock Convertible	689M	1.51B
Total Preferred Equity	689M	1.51B
Common Stock, Total	30K	30K
Additional Paid In Capital	918M	915M
Retained Earnings	-552M	-745M
Comprehensive Income and Other	-56.2M	3.54M
Total Common Equity	310M	174M
Total Equity	999M	1.69B
Total Liabilities And Equity	1.07B	1.85B
Supplemental Items
Tangible Book Value	-473M	-727M
Total Debt	7.63M	10.46M
Net Debt	-165M	-752M
Debt Equivalent Oper. Leases	47.61M	61.32M
Account Code - Inventory Valuation	3	3
Buildings, Total	15.85M	23.68M
Machinery, Total	110M	110M
Full Time Employees	-	679
Part Time Employees	-	25

Fiscal Period: December	2024	2025
Net Income	-144M	-193M
Depreciation & Amortization - CF	20.07M	18.12M
Amortization of Goodwill and Intangible Assets - (CF)	11.36M	11.36M
Depreciation & Amortization, Total	31.42M	29.48M
Amortization of Deferred Charges, Total - (CF)	800K	300K
(Gain) Loss From Sale Of Asset	693K	1.3M
Net (Increase) Decrease in Loans Originated / Sold - Operating	-	-16.53M
Stock-Based Compensation (CF)	363K	-
Other Operating Activities, Total	8.42M	12.19M
Change In Accounts Receivable	-3.77M	-258K
Change In Accounts Payable	-5.14M	-5.43M
Change in Unearned Revenues	-86K	-
Change in Other Net Operating Assets	-9.54M	11.24M
Cash from Operations	-121M	-160M
Capital Expenditure	-13.98M	-65.08M
Sale (Purchase) of Intangible assets	-	-10M
Cash from Investing	-13.98M	-75.08M
Issuance of Preferred Stock	141M	825M
Other Financing Activities, Total	-12K	-
Cash from Financing	141M	825M
Foreign Exchange Rate Adjustments	-580K	815K
Net Change in Cash	5.07M	590M
Supplemental Items
Cash Interest Paid	7K	7K
Cash Income Tax Paid (Refund)	613K	439K
Levered Free Cash Flow	-	-158M
Unlevered Free Cash Flow	-	-158M
Change In Net Working Capital	-	-12.04M

Fiscal Period: December	2024	2025
Profitability
Return on Assets	-	-8.54
Return on Total Capital	-	-9.21
Return On Equity %	-	-14.34
Return on Common Equity	-	-79.71
Margin Analysis
Gross Profit Margin %	52.97	84.71
SG&A Margin	136.33	157.51
EBITDA Margin %	-528	-549.03
EBITA Margin %	-615.33	-607.6
EBIT Margin %	-664.75	-644.32
Income From Continuing Operations Margin %	-626.97	-622.55
Net Income Margin %	-626.97	-622.55
Net Avail. For Common Margin %	-626.97	-622.55
Normalized Net Income Margin	-391.22	-385.1
Levered Free Cash Flow Margin	-	-510.23
Unlevered Free Cash Flow Margin	-	-510.23
Asset Turnover
Asset Turnover	-	0.02
Fixed Assets Turnover	-	0.29
Receivables Turnover (Average Receivables)	-	3.71
Short Term Liquidity
Current Ratio	6.45	14.25
Quick Ratio	6.01	13.9
Operating Cash Flow to Current Liabilities	-3.92	-2.85
Days Sales Outstanding (Average Receivables)	-	98.3
Average Days Payable Outstanding	-	802.5
Long Term Solvency
Total Debt/Equity	0.76	0.62
Total Debt / Total Capital	0.76	0.62
LT Debt/Equity	0.51	0.42
Long-Term Debt / Total Capital	0.5	0.42
Total Liabilities / Total Assets	6.7	8.56
Total Debt / EBITDA	-0.07	-0.06
Net Debt / EBITDA	1.43	4.64
Total Debt / (EBITDA - Capex)	-0.06	-0.05
Net Debt / (EBITDA - Capex)	1.27	3.31
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	34.61
Gross Profit, 1 Yr. Growth %	-	115.26
EBITDA, 1 Yr. Growth %	-	39.97
EBITA, 1 Yr. Growth %	-	32.92
EBIT, 1 Yr. Growth %	-	30.47
Earnings From Cont. Operations, 1 Yr. Growth %	-	33.66
Net Income, 1 Yr. Growth %	-	33.66
Normalized Net Income, 1 Yr. Growth %	-	32.5
Accounts Receivable, 1 Yr. Growth %	-	119.46
Net Property, Plant and Equip., 1 Yr. Growth %	-	63.8
Total Assets, 1 Yr. Growth %	-	72.43
Tangible Book Value, 1 Yr. Growth %	-	53.54
Common Equity, 1 Yr. Growth %	-	-43.9
Cash From Operations, 1 Yr. Growth %	-	32.56
Capital Expenditures, 1 Yr. Growth %	-	365.43