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Yerlan Abdikarimov

Yerlan Abdikarimov

Head of Financial Analysis Department at Freedom Broker

IPO of Quantinuum Inc. Quantum Innovations

On May 8, 2026, Quantinuum Inc. filed for an IPO. The company develops quantum computing systems and was carved out of Honeywell. The underwriting syndicate includes J.P. Morgan, Morgan Stanley, Jefferies, Evercore ISI, BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale, and TD Cowen.

IPO
Issuer Quantinuum Inc
Ticker QNT
Exchange NASDAQ
Underwriters J.P. Morgan, Morgan Stanley, Jefferies, Evercore ISI, BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale, TD Cowen

 

Investment Potential

Company Profile. Quantinuum Inc. develops quantum computing systems and software aimed at commercializing quantum technologies for enterprise and government applications.The company operates on the premise that next-generation computing will be hybrid in nature—combining classical processors, GPU-accelerated computing, and quantum processors to solve workloads that traditional systems cannot efficiently handle.Its platform spans both hardware and software development, targeting use cases across AI, cybersecurity, drug discovery, and materials science.Quantinuum was formed in 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum, combining quantum hardware expertise with advanced quantum software capabilities.

Potential Market. According to the Boston Consulting Group Quantum Forecast 2024, the quantum systems market could reach ~$5bn–10bn by 2030 and scale to as much as ~$850bn by 2040.

Financial Performance. Quantinuum Inc. posted 35% revenue growth in 2025, while growth in 1Q26 slowed by 73%. EBIT margin stood at -665% in 2024, -644% in 2025, and -1473% in 1Q26. The company ended 2025 debt-free.

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S&P Global ratings – “B+/B”, outlook “Positive”.

Ownership of securities and other financial instruments always involves risks: the cost of securities and other financial instruments may rise or fall. Past investment results do not guarantee future returns. In accordance with the legislation, the company does not guarantee or promise the profitability of investments in the future, does not guarantee the reliability of possible investments and the stability of the amount of possible income.

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