v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,106,686 $ 762,642
Net investment in lease, current portion 5,773 5,773
Other current assets 32,357 27,754
Total current assets 2,148,696 801,841
Property and equipment—net 150,611 120,965
Right-of-use assets 30,911 10,000
Goodwill 769,631 784,822
Other intangible assets—net 105,105 114,282
Net investment in lease, non-current portion 7,216 10,102
Other assets—net 3,665 3,613
Total assets 3,229,971 1,845,625
Current liabilities:    
Accrued liabilities 109,286 44,358
Total current liabilities 138,731 56,251
Warrant liability 0 38,400
License payable, non-current portion 55,345 55,345
Operating lease liabilities, non-current 29,860 7,143
Other liabilities 681 893
SHAREHOLDERS' EQUITY / QUANTINUUM (CAYMAN) EQUITY    
Common stock   173,652
Preferred stock 0  
Additional paid-in-capital 480,105 0
Accumulated other comprehensive (loss) income (1,631) 0
Accumulated deficit (65,418) 0
Total equity attributable to Quantinuum Inc. / Quantinuum (Cayman) 413,082 173,652
Non-controlling interest 2,592,272 0
Total equity 3,005,354 173,652
Total liabilities and equity 3,229,971 1,845,625
Series A Convertible Redeemable Preferred Stock    
TEMPORARY EQUITY    
Temporary equity   288,129
Series A-1 Convertible Redeemable Preferred Stock    
TEMPORARY EQUITY    
Temporary equity   400,978
Series B Convertible Redeemable Preferred Stock    
TEMPORARY EQUITY    
Temporary equity   824,834
Class A    
SHAREHOLDERS' EQUITY / QUANTINUUM (CAYMAN) EQUITY    
Common stock 3  
Class B    
SHAREHOLDERS' EQUITY / QUANTINUUM (CAYMAN) EQUITY    
Common stock 23  
Nonrelated Party    
Current assets:    
Accounts receivable and due from related parties 3,348 5,068
Current liabilities:    
Accounts payable and due to related parties 29,393 10,620
Related Party    
Current assets:    
Accounts receivable and due from related parties 532 604
Right-of-use assets   1,700
Prepayment balance 14,136 0
Current liabilities:    
Accounts payable and due to related parties $ 52 1,273
Operating lease liabilities, non-current   $ 1,200