Logical qubits start outperforming physical qubits
Quantinuum closes in on breakeven point in quantum error correction
Broomfield, Colorado, August 4th, 2022 — Quantinuum researchers have hit a significant milestone by entangling logical qubits in a fault-tolerant circuit using real-time quantum error correction. The research, published in a new scientific paper that was released on August 3rd, is the first experimental comparison study of different quantum error correction codes in similar environments and presents a collection of several different experiments. These experiments include:
- The first demonstration of entangling gates between two logical qubits done in a fully fault-tolerant manner using real-time error correction
- The first demonstration of a logical entangling circuit that has higher fidelity than the corresponding physical circuit.
This milestone achievement is important because it marks the first time that logical qubits have been shown to outperform physical qubits — a critical step towards fault-tolerant quantum computers.
“Quantinuum’s trapped-ion quantum computing roadmap is designed around continuous upgrades, enabled our flexible architecture and our precision control capabilities. This combination provides for outstanding, first-of-its-kind achievements that help accelerate the entire industry,” said Tony Uttley, President and COO of Quantinuum.
David Hayes, a Theory and Architecture Technical Manager at Quantinuum and co-author of the new research paper, said the research moves quantum computing closer to the point where encoded circuits outperform more primitive operations.
“People have worked with error corrected qubits before, but they haven't reached this sort of special point where the encoded operation is working better than the primitive operation,” Hayes said. “The other thing that's new here is that in other experiments we're doing the error correction while we're doing the operations. An important next step for us is to get the error rate induced by the error correction itself down further."
The findings are described in the new research paper, “Implementing Fault-tolerant Entangling Gates on the Five-Qubit code and the Color Code”. The paper was recently published on the arXiv. Scientists used both the H1-1 and the H1-2 quantum computers, Powered by Honeywell, to compare the Five-Qubit error code and the Distance Three Color Code in these tests.
Quantum researchers are in the early days of experimental quantum error correction with a multitude of codes to test. Quantinuum researchers can explore a wider range of quantum error codes, compared to other quantum hardware designs, due to the architecture of the machine.
The System Model H1 uses a trapped-ion design and a quantum charged coupled device architecture (QCCD). Along with the inherent flexibility of this design, another strength is all-to-all connectivity. All the qubits are connected to each other which makes it easy to move information through chains of ions without creating multiple errors along the way.
“Instead of having to build a new machine every time we want to try a new code, we can just program the machine to run a different code, make the measurements and weigh the different pros and cons,” Hayes said.
Advancing quantum error correction
All forms of technology need error correction including servers in data centers and space probes sending transmissions back to Earth. For Quantinuum and other companies in the quantum computing sector, quantum error correction is one of the most important pillars of progress. Errors prevent quantum computers from producing reliable results before they are overwhelmed. Quantinuum’s researchers are working toward the milestone of fault tolerance, meaning the errors can be suppressed to arbitrarily low levels.
Natalie Brown, another co-author of the paper and an Advanced Physicist at Quantinuum, said that most classical error correction principles fail with quantum computers because of the basic nature of quantum mechanics.
“It becomes very difficult to suppress noise to very small levels, and that becomes a problem in quantum computing,” she said. “The most promising candidate was this quantum error correction, where we take the physical qubits, make a logical qubit.”
Logical qubits are groups of physical qubits working together to perform a computation. For each physical qubit used in a computation, other ancillary qubits perform a range of tasks such as spotting and correcting errors as they occur.
Ciaran Ryan-Anderson, a Senior Advanced Physicist at Quantinuum and also a co-author of the new paper, said the newest research paper builds on research performed in 2021 and published in Physical Review X. That work explained how researchers at Honeywell Quantum Solutions applied multiple rounds of quantum error correction to a single logical qubit.
“One of the first really important things to demonstrate was these repeated rounds of quantum error correction cycles,” he said.
That is one of several milestones on Ryan-Anderson’s quantum error correction checklist:
- Conduct repeated rounds of fault tolerant quantum error correction
- Feed forward and conditionally apply syndrome extraction
- Enable real-time determination of correction for a quantum error correction code
- Demonstrate general algorithmic real-time decoding
- Scale up quantum error correction with two logical qubits
- Hit the breakeven point when logical quantum computing starts to outperform physical quantum computing
“Quantinuum has achieved some of the milestones required to accomplish this now,” Ryan-Anderson said.
Five-Qubit Code vs. Color Code
Building upon the 2021 research involving one logical qubit, the newest research illustrates the Quantinuum team’s progress with quantum error correction and two logical qubits. The team tested two error codes familiar to quantum experts: the Five-Qubit Code and the Color Code. The Five-Qubit Code does not allow for a fault tolerant transversal gate using only two logical qubits. Researchers used “pieceable” fault tolerance to decompose an initially non-fault tolerant logical gate operation into pieces that are individually fault-tolerant. The Color Code, however, does allow the use of a transversal CNOT gate which is naturally fault-tolerant.
How the experiment worked
H1-2 can use up to 12 qubits and H1-1 can use up to 20. The Five-Qubit Code tested on H1-2 while the Color Code tested on H1-1. Both computers use the same surface electrode ion trap to control ytterbium ions as qubits. Ion transport to isolated gate zones with focused laser beams provides low crosstalk gate and mid-circuit measurement operations.
The researchers ran five experiments with different combinations of circuit elements to test the Five-Qubit Code and to understand the impact of fault tolerant design and circuit depth. The team found that the extra circuitry designed to increase fault tolerance had a negative impact on the overall fidelity of the logical operation, due to the large number of CNOT operations required.
The Color Code showed much better results due in part to the ability to use a transversal CNOT gate. The team ran seven experiments to investigate the fault tolerant potential of these codes. With the Color Code, the researchers found that the State Preparation and Measurement circuits benefitted from the addition of fault tolerant circuitry with a significant reduction of error rates: 99.94% for the logical qubits compared to 99.68% for the physical qubits. This was the only additional circuitry required to make the circuit fault tolerant from end-to-end, since the logical CNOT is transversal and naturally fault tolerant.
The researchers concluded that the “relatively economical fault tolerant circuitry of the Color Code will provide a better platform for computation than the qubit efficient five-qubit code.” Also, the researchers found that the Five-Qubit Code would be useful only in systems with far lower physical error rates than quantum computers have at this point in time.
Hayes said the team’s next step will be to surpass the breakeven point and provide proof of the work. “We are getting evidence that we're really darn close to that point, but there's a lot of work that needs to be done to actually prove it,” he said. “Just getting right there is not good enough, you have to actually get past it.”
A new classical+quantum connection
Another advance from this experiment is a new classical processor with enhanced capabilities which will be essential to scalable algorithmic decoders. The data from the classical functions were used to dictate the control flow and operations executed in the quantum program.
The decoders used in these experiments were partially written in Rust and compiled to WebAssembly (Wasm). The choice of Wasm provides an efficient, safe, and portable classical language to have functions that are callable from quantum programs.
The decoder implemented in Rust uses many high-level program constructs. The support for these features means that various scalable algorithmic decoders can be ergonomically implemented in various high-level languages that compile to Wasm (such as Rust, C, and C++) and called from quantum programs.
“It was pretty enabling for this particular experiment, and it'll be even more important for future experiments as these things get more and more complicated,” Hayes said.
Another advantage of the trapped ion architecture is the ability to do real-time decision making during the execution of the quantum circuit thanks to long coherence times and the ability to do mid-circuit measurement and reset qubits as needed.
“Our systems have very long coherence times which is super advantageous when integrating in the classical compute real-time decision making,” Hayes said.
The Honeywell Trademark is used under license from Honeywell International Inc. Honeywell International Inc. makes no representations or warranties with respect to this product. This product is produced by Quantinuum.
About Quantinuum
Quantinuum, the world’s largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.
- Quantinuum’s most advanced quantum computer, Helios, will be deployed in a US-based OCI AI data center to enable hybrid quantum-AI workloads as an OCI service.
- Quantinuum and Oracle aim to support enterprise, AI lab, academic, and research applications spanning drug discovery, materials science, financial modeling, and large-scale optimization, including AI workloads.
Broomfield, CO and Austin, TX, August 11th, 2026 — Quantinuum (NASDAQ: QNT), a leading quantum computing company, and Oracle today announced a multi-year strategic partnership to bring quantum computing to Oracle Cloud Infrastructure (OCI). Under the partnership, OCI customers will be able to directly access Quantinuum’s Helios, the most accurate commercial quantum computer in the world1, through OCI’s quantum service, alongside OCI’s high-performance computing (HPC) and GPU infrastructure.
Together, Quantinuum and Oracle plan to explore how hybrid quantum-AI infrastructure could address some of the most computationally intensive challenges facing enterprises and broaden access for universities and research institutions advancing scientific discovery and education. The partnership reflects a shared vision that the future of enterprise computing will be built on the convergence of AI, classical supercomputing, and quantum computing. Many complex problems across materials discovery, drug development, logistics, energy, and financial modeling already push the limits of today’s computing architectures.
“We believe the next phase of enterprise computing will be shaped by bringing quantum, AI, and high-performance computing together,” said Dr. Rajeeb Hazra, President and CEO of Quantinuum. “Deploying Helios inside OCI gives Quantinuum and Oracle an opportunity to create a unique deeply integrated environment for hybrid workloads, explore enterprise use cases with customers, and accelerate commercial adoption.”
Quantum computing offers a fundamentally different approach to computation with the potential to address problems that are impractical for traditional systems alone. In addition, quantum computing uses significantly less energy than supercomputers. A single Helios system has an estimated power draw of less than one percent of the draw reported for leading supercomputers,2 offering a lower power complementary resource for suitable hybrid workloads.
“AI has changed what organizations can imagine, and we believe quantum computing can expand what they’re able to solve,” said Mahesh Thiagarajan, Executive Vice President of Oracle Cloud Infrastructure. “By bringing Quantinuum’s Helios to Oracle Cloud Infrastructure, we want to give developers a practical and secure way to explore how quantum computing could complement their existing AI and HPC workloads on Oracle Cloud Infrastructure while improving compute efficiency and energy use.”
With Quantinuum’s Helios on OCI, customers can expect to gain managed, secure access to cloud-hosted quantum computing without having to procure, install, or operate dedicated hardware or specialized facilities. Helios, launched commercially in November 2025, is Quantinuum’s third-generation quantum computer. The 98-physical-qubit trapped-ion system has been used in demonstrations involving 48 logical qubits and achieves an average two-qubit gate fidelity of 99.921%, exceeding the widely cited “three 9s” threshold. Helios is designed for hybrid integration with classical HPC and AI environments.
By operating on-premises within OCI’s infrastructure, Helios is anticipated to be able to integrate seamlessly with existing OCI compute, networking, storage, identity, and data services under the same governance and access controls customers already use. Oracle plans to preview its OCI quantum service in the coming months, giving developers a streamlined way to move from simulation to execution on real quantum computing hardware. The planned OCI quantum service is expected to combine Quantinuum’s development stack with support for open-source hybrid-programming frameworks, helping developers build, test, and refine quantum-classical applications more efficiently.
New Possibilities for Hybrid Quantum-AI Computing
“Our roadmap includes exploring classical-quantum hybrid computing to accelerate scientific discovery,” said Johannes Blaschke, Head of Scientific Computing, GBI at Ellison Institute of Technology. “QPUs promise to unlock new insights as they are very different from the hardware that we are used to. So having both GPUs and QPUs available within OCI would provide an all-in-one platform, simplify the operation of novel hardware, and help us move at speed from concept to execution by allowing our researchers to focus on innovation. It could herald in an exciting new phase for our work.”
“As quantum computing moves closer to enterprise adoption, simplifying how organizations access and integrate quantum resources has become just as important as advancing the hardware itself,” said Heather West, PhD, Global Quantum Research Lead at IDC. “Deploying quantum systems within private cloud environments enables organizations to integrate quantum computing into existing AI and HPC workflows through familiar cloud infrastructure and development tools, reducing barriers to adoption and making hybrid quantum-classical computing a practical part of enterprise IT.”
About Quantinuum
Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.3 Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally. The company has a global workforce of approximately 800 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore. For more information, please visit www.quantinuum.com.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.
Media Contacts
Aaron Sorenson
Quantinuum
aaron.sorenson@quantinuum.com
Carolin Bachmann
Oracle
carolin.bachmann@oracle.com
Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Future Product Disclaimer
The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
1 Based on two-qubit gate fidelity as of December 31, 2025.
2 According to Tchakoute, R.N., et al. (2026) Energy-Aware Computing in the Year 2026., leading supercomputers use 16 MW to 39 MW of energy, whereas a single Helios unit uses approximately 60 kW without an HVAC system.
3 As of December 31, 2025
Broomfiled, CO, August 11th, 2026 — 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 share was $0.28
• Cash & cash equivalents, and short-term investments were $2.1 billion as of June 30, 2026
Adjusted EBITDA, Adjusted Gross Margin and Adjusted net loss per share are non-GAAP financial measures defined under “Non-GAAP Financial Measures.” For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, refer to the Appendix tables at the end of this press release.
Second Quarter and Recent Business Highlights
Commercial Highlights
• Announced an industry-first strategic partnership with Oracle to deploy Helios on Oracle Cloud Infrastructure’s (OCI) AI data center to enable hybrid quantum-AI workloads as an OCI service. By operating on-premises within OCI’s infrastructure, Helios is anticipated to be able to integrate seamlessly with existing OCI compute, networking, storage, identity, and data services under the same governance and access controls customers already use.
• Announced strategic collaboration with HPE to establish a framework for combining quantum computing with HPC and AI environments and engage enterprise customers on hybrid quantum-classical solutions for high-value scientific and industrial use cases.
R&D Milestones
Product Technology and Supply Chain
• Demonstrated industry-leading near five-nines logical fidelity on Helios, with a novel QEC code family, reinforcing Quantinuum’s leadership in fault tolerance.
• Progressing towards the launch of Sol in 2027, with Sol’s trap chip back from fabrication and advancing through product validation.
• Apollo remains on schedule for 2029, with significant progress made across key architectural subsystems through prototyping.
• Signed a new joint development agreement with a leading global electronics manufacturer to co-develop the infrastructure, systems engineering, and manufacturing capabilities required for future generations of quantum computers.
• Entered into a letter of intent with the U.S. Department of Commerce’s CHIPS R&D Office to strengthen onshore supply chains and accelerate U.S. leadership in trapped-ion quantum computing.
Ecosystem
• Accelerated Nexus adoption, with 180 organizations now using the cloud-based developer platform to build new quantum applications.
• Launched Guppy Playpond, a frictionless web-based environment set up for developers to learn writing and testing code in Guppy, to increase adoption of this next-generation quantum programming language.
• Expanded the Quantinuum Startup Partner Program with Qedma, integrating its error suppression and mitigation software into Quantinuum’s Nexus platform, giving enterprise and scientific users an additional optimization layer that can improve accuracy for large, complex workloads.
Application Research
• Invented a new parallel quantum phase-estimation algorithm for faster and more precise determination of molecular properties, with broad applications including pharmaceuticals, life-sciences, and energy.
• Demonstrated, with NVIDIA and a Fortune 100 pharma company, how AI-driven quantum simulation can potentially enhance molecular property characterization in pharmaceutical applications.
• Simulated complex magnetic materials with accuracy beyond the practical capabilities of the most advanced classical computers, with applicability to improving maglev and MRI systems.
Financial Outlook
• Establishing first formal guidance as a public company, with 2026 revenue expected to be in the range of $28 to $32 million.
Second Quarter 2026 Conference Call
Quantinuum will host a conference call at 5 PM Eastern time on Tuesday, August 11, 2026, to discuss its results for the second quarter ended June 30, 2026, and provide a business update. The call will be available live via webcast here.
An archived replay of the webcast will be made available on the Quantinuum Investor Relations website following the call and will remain available for one year.
Non-GAAP Financial Measures
To supplement Quantinuum’s condensed consolidated financial statements presented in accordance with U.S. generally accepted accounting principles (“GAAP”), the Company uses the following non-GAAP financial measures presented in this release: Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Net Loss, fully distributed, Adjusted EBITDA, and Adjusted Net Loss Per Share, fully distributed.
Adjusted Gross Profit starts with GAAP gross profit and adds back equity compensation and related employer taxes attributable to cost of revenue and depreciation and amortization attributable to cost of revenue.
Adjusted Gross Margin is calculated as Adjusted Gross Profit divided by revenue, net.
Adjusted Net Loss, fully distributed starts with GAAP net loss on an as-converted basis, adds back GAAP income tax expense, adjusts for equity compensation and related employer taxes, costs of the initial public offering and the transition to public company reporting, the change in fair value of liability-classified warrants, and loss on disposal and write down of assets, and then applies an assumed statutory tax rate to the resulting adjusted pre-tax loss. No tax benefit is recognized in respect of losses subject to a full valuation allowance, and accordingly no tax benefit is reflected in the periods presented.
Adjusted EBITDA starts with Adjusted Net Loss, fully distributed, and further excludes interest income, net, depreciation, and amortization of acquired intangibles.
Adjusted Net Loss Per Share, fully distributed is calculated as Adjusted Net Loss, fully distributed, divided by adjusted shares, fully distributed, basic and diluted, comprising weighted-average Class A common shares outstanding and Common Units of Quantinuum Holdings.
Management believes these measures provide investors with additional information useful in evaluating the Company’s operating performance and trends across periods. Quantinuum’s results include large non-cash charges that do not reflect the cost of operating the business in the period, principally stock-based compensation recognized on completion of the Reorganization and remeasurement of liability-classified warrants. Both are driven by accounting triggers and external inputs rather than operating activity. As an early commercial-stage business, Quantinuum’s period-to-period results also are affected by the timing of individual contracts. Measures that isolate underlying operating performance from non-cash and transition items help investors assess trends across periods.
Quantinuum’s Up-C structure means that GAAP net loss attributable to Quantinuum Inc. reflects only the Class A share of the economics. Presenting adjusted results on an as-converted, fully distributed basis describes the whole economic enterprise, which is how management assesses performance and how the business is managed. Management uses these measures for internal planning and forecasting, evaluating operating performance, and preparing budgets.
These non-GAAP financial measures are supplemental and are not prepared in accordance with GAAP. They are not intended to be considered in isolation or as a substitute for the most directly comparable financial information prepared in accordance with GAAP. Quantinuum’s non-GAAP measures may differ from similarly titled measures used by other companies and, therefore, may not be comparable. Investors should review the reconciliations and should not rely on any single financial measure to evaluate the Company’s business.
Each non-GAAP financial measure is reconciled to its most directly comparable GAAP financial measure in the tables at the end of this release.
About Quantinuum
Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.1 Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally. The company has a global workforce of approximately 800 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore. For more information, please visit www.quantinuum.com.
Availability of Information on Quantinuum’s Website
Investors and others should note that Quantinuum routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts and the Quantinuum Investor Relations website. While not all of the information that the Company posts to the Quantinuum Investor Relations website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in Quantinuum to review the information that it shares on ir.quantinuum.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Quantinuum’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs, expectations and outlook are forward-looking statements. Forward-looking statements include information concerning possible or assumed future results of operations, including our guidance and descriptions of our business plans and strategies. These statements often include words such as “anticipate,” “expect,” “guidance,” “suggest,” “plan,” “believe,” “intend,” “estimate,” “target,” “project,” “should,” “could,” “would,” “may,” “will,” “forecast,” “outlook,” “potential,” “continues,” “seeks,” “predicts,” or the negatives of these words and other similar expressions.
Factors that could cause actual results to differ materially from those described in forward-looking statements include, but are not limited to: our ability to develop, commercialize and achieve market acceptance of our quantum computing hardware and software products; the pace of development of the quantum computing industry and the timing of commercial quantum advantage; our ability to attract and retain customers for our quantum computing systems and quantum computing as a service offerings; the risk of technological obsolescence or the emergence of competing quantum computing approaches, including superconducting, photonic, or other modalities; our dependence on key suppliers and manufacturers of specialized components, including those necessary for our trapped-ion quantum systems; our ability to scale production of our quantum computers and related systems; our ability to protect our intellectual property and proprietary technology; the significant research and development costs inherent in developing next-generation quantum computing capabilities; our ability to attract and retain highly skilled scientists, engineers and other personnel in a competitive labor market; changes in government funding, export controls, or regulations affecting quantum technologies; uncertainty regarding the timing and extent of commercial applications; cybersecurity risks and the protection of sensitive customer data; and macroeconomic conditions, geopolitical instability and their potential effects on our business and operations. For additional information on these and other risks that could affect the Company's forward-looking statements, see the Company's risk factors discussed in its filings with the U.S. Securities and Exchange Commission, as such risk factors may be updated from time to time. You should evaluate all forward-looking statements made in this press release in the context of these risks and uncertainties. The Company disclaims any intent or obligation to update, revise or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.
Contacts
Investor & Media Contact
Shub Mukherjee - Investor Contact - investors@quantinuum.com
Aaron Sorenson - Media Contact - press@quantinuum.com
Appendix
Broomfield, CO, July 27th, 2026 /PRNewswire/ — Quantinuum Inc. (Nasdaq: QNT) ("Quantinuum") today announced it will release its financial results for the second quarter (ending on June 30, 2026) after market close on August 11, 2026.
Quantinuum will host a conference call at 5:00 PM Eastern time that same day to discuss its financial results. The call will be available through a live webcast here.
An archived replay of the webcast will be made available on the Quantinuum Investor Relations website following the call and will remain available for one year.
About Quantinuum
Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry's highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum's headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.
Media & Investor Contact
Longacre Square Partners and Shub Mukherjee