Quantinuum IPO: revenue, losses and offering terms from its S-1
Quantinuum priced its IPO at $60 a share on 5 Jun 2026 and raised $1.7 billion. Its shares trade on Nasdaq as QNT. Revenue was $30.9 million in 2025, up 35% from 2024, with a net loss of $193 million.
Headlines
- Revenue, 2025
- $31M
- Up 35% on the year before
- Net loss, 2025
- $193M
- Revenue, First quarter of 2026
- $5M
- Down 73% on a year earlier
- IPO price
- $60
- $1.7B raised
Quantinuum IPO terms
From the final prospectus (424B4).
- Exchange
- Nasdaq Global Market
- Ticker
- QNT
- IPO price
- $60
- Shares offered
- 28,000,000
- Raised
- $1.7B
- Registered
- $1.7B, the amount the filing fee is paid on
- Underwriters
- J.P. Morgan and Morgan Stanley
- First filed
- 8 May 2026
Quantinuum revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2024 | $23M | - | -$144M |
| 2025 | $31M | -$199M | -$193M |
| First quarter of 2025 | $19M | - | - |
| First quarter of 2026 | $5M | -$77M | -$137M |
Quantinuum share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 1 vote
- Employees
- 704
- Headquarters
- Broomfield, Colorado
Quantinuum shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $60
- Priced 5 Jun 2026
- First close
- $56.26
- -6% on the IPO price
- Latest close
- $37.53
- -37% on the IPO price
Quantinuum's IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from Quantinuum's newest prospectus (424B4 filed 5 Jun 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.