Quantinuum raises 2026 revenue outlook after record bookings

The quantum computing firm lifted full-year guidance to between $31 million and $34 million after third-quarter revenue grew 233% year-over-year Quantinuum just gave investors something quantum computing rarely delivers: a revenue number that went up, then a forecast that went up again. The Nasdaq-listed company, which trades under the ticker QNT, reported third-quarter 2026 results on November 5 and raised its full-year sales guidance on the back of record customer bookings. The quarter’s revenue came in at $9.05 million, up 233% from the same period a year earlier. The numbers behind the upgrade Quantinuum now expects full-year 2026 revenue of $31 million to $34 million. The previous range was $28 million to $32 million. The headline deal was the company’s largest cloud agreement to date. It is a multiyear extension with a major global financial institution, which Quantinuum did not name in the material available. That contract goes beyond today’s hardware. It grants the bank access to Apollo, Quantinuum’s planned fault-tolerant system, which is expected to launch in 2029 through the company’s Nexus platform. The company’s forward-looking figures are just as ambitious. Quantinuum...