v3.26.1
Revenue (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue Disaggregated by Revenue

The Company’s revenue disaggregated by revenue source is as follows (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Quantum hardware

 

$

46,467

 

 

$

14,066

 

 

$

82,176

 

 

$

17,130

 

Platform, consulting and support services

 

 

33,583

 

 

 

6,628

 

 

 

62,542

 

 

 

11,130

 

Total revenue

 

$

80,050

 

 

$

20,694

 

 

$

144,718

 

 

$

28,260

 

 

The Company’s revenue disaggregated by customer location is as follows (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

United States

 

$

38,239

 

 

$

15,990

 

 

$

78,966

 

 

$

21,279

 

Switzerland

 

 

8,836

 

 

 

2,037

 

 

 

21,442

 

 

 

3,775

 

Korea

 

 

17,774

 

 

 

556

 

 

 

18,060

 

 

 

744

 

Other international

 

 

15,201

 

 

 

2,111

 

 

 

26,250

 

 

 

2,462

 

Total revenue

 

$

80,050

 

 

$

20,694

 

 

$

144,718

 

 

$

28,260