Quantinuum Inc. (QNT)财务
NASDAQ · Technology · Computer Hardware · 员工700人 · CEO Rajeeb Hazra
- 股价
- $33.60 -10.39%
- 市值
- $88.5亿
- 企业价值
- $67.7亿
- 最近财报
- Q2 '26 2026-08-13提交
- 下次财报
- 2026-11-05 EPS预期 -$0.37
营收(TTM)–– 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)–– 对比去年同期营业利润 –
净利润(TTM)–– 对比去年同期税后,含营业外收益
自由现金流(TTM)–– 对比去年同期资本支出 –
稀释EPS(TTM)–– 对比去年同期最近4个季度之和
净现金$20.8亿– 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $88.5亿 EV $67.7亿
- 营收
- – 过去12个月
- 营收增速
- -3% FY2026年一致预期
- 净利润率
- – 净利润 / 营收,TTM
- P/E
- -13.9× 预期 -21.1×(FY2026)
- P/S
- 668.5× 股价 / 营收,TTM
- EV / EBITDA
- -10.1× TTM
- 自由现金流
- – 过去12个月
- 净利润
- – 过去12个月
- 营收预期
- $3010万 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $807万
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-11):营收超预期5.0%,EPS 低于预期8.0%营收$800万,预期$761万(+5.0%);EPS -$0.28,预期-$0.26(-8.0%)。
- 营收增长加速:同比279.4%Q2 '26营收$800万,此前四个季度的平均值为-72.6%。
- 稀释股数一年内减少2.2%Q2 '26稀释股数3390万,一年前为3470万。
- 净现金 $20.8亿现金 + 短期投资 $21.1亿,含租赁债务 $2990万。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $800万 | $211万 | +279.4% |
| 毛利率 | -28.9% | 42.8% | -71.8 百分点 |
| 营业利润 | -$5.55亿 | -$5110万 | -986.4% |
| 营业利润率 | -6,939.6% | -2,423.5% | -4,516.1 百分点 |
| 净利润 | -$1.76亿 | -$5690万 | -208.4% |
| 稀释EPS | -$1.93 | -$1.64 | -17.7% |
| 经营现金流 | -$6620万 | -$3300万 | -100.3% |
| 资本支出 | $1650万 | $2230万 | -25.9% |
| 自由现金流 | -$8270万 | -$5530万 | -49.4% |
| R&D | $3.67亿 | $3970万 | +825.9% |
| 股权激励费用 | $0 | $0 | – |
实际 vs 一致预期
2026-08-11| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $800万 | $761万 | +5.0% |
| EPS(一致预期口径) | -$0.28 | -$0.26 | -8.0% |
来自2026-08-11发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 自由现金流
- –
- 股东回报 / FCF
- –
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -13.9× | – | – |
| EV / EBITDA | -10.1× | – | – |
| EV / 营收 | 511.5× | 540.6× | 438.3× – 642.9× |
| 股价 / FCF | -52.6× | – | – |
| 股价 / 净资产 | 2.8× | 1.6× | 1.2× – 2.1× |
| FCF收益率 | -1.9% | -9.1% | -11.7% – -6.4% |
| 投入资本回报率 | -22.4% | -22.1% | -29.6% – -14.7% |
| 净资产收益率 | -46.9% | -9.3% | -14.4% – -4.2% |
分析师
一致目标价 $90.33 (+168.8%)
区间 $62.00 – $100.00 · 评级 Buy
强烈买入0
买入5
持有0
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $3010万 | -2.8% | -$1.59 | +26.0% | -21.1× | 7 |
| FY2027 | $6120万 | +103.4% | -$1.56 | +1.9% | -21.5× | 7 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Quantinuum Inc. Class A Common Stock在近期10-Q / 10-K文件中标记的全部106项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $1300万 | – | – | – | – | – | |
| $577万 | – | – | – | – | – | |
| $722万 | – | – | – | – | – | |
| Accrued Liabilities, Current | $1.09亿 | – | – | – | – | – |
| Accrued Professional Fees, Current | $2100万 | – | – | – | – | – |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $9380万 | – | – | – | – | – |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$163万 | – | – | – | – | – |
| Additional Paid in Capital | $4.8亿 | – | – | – | – | – |
| Amortization of Intangible Assets | $419万 | $284万 | +47.4% | – | – | – |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 2.34亿 | – | – | – | – | – |
| Assets | $32.3亿 | – | – | – | – | – |
| Assets, Current | $21.5亿 | – | – | – | – | – |
| Cash and Cash Equivalents, at Carrying Value | $21.1亿 | – | – | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $21.1亿 | $6890万 | +2,959.2% | – | – | – |
| Common Stock, Par or Stated Value Per Share | $0.002026-06-03 | – | – | – | – | – |
| Common Stock, Value, Issued | $1.74亿2025-12-31 | – | – | – | – | – |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -$6730万 | – | – | – | – | – |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | -$6.01亿 | -$560万 | -10,630.8% | – | – | – |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $81.7万 | – | – | – | – | – |
| Contract with Customer, Liability | $558万 | $102万 | +447.0% | – | – | – |
| Contract with Customer, Receivable, after Allowance for Credit Loss, Current | $253万 | – | – | – | – | – |
| Contractual Obligation, to be Paid, Remainder of Fiscal Year | $50万 | – | – | – | – | – |
| Contractual Obligation, to be Paid, Year One | $130万 | – | – | – | – | – |
| Contractual Obligation, to be Paid, Year Two | $70万 | – | – | – | – | – |
| Costs and Expenses | $5.63亿 | $5320万 | +958.4% | – | – | – |
| Depreciation | $530万 | $460万 | +15.2% | – | – | – |
| Earnings Per Share, Basic | -$1.93 | – | – | – | – | – |
| Earnings Per Share, Diluted | -$1.93 | – | – | – | – | – |
| Employee-related Liabilities, Current | $1440万 | – | – | – | – | – |
| Fair Value Adjustment of Warrants | $4760万 | $640万 | +644.0% | – | – | – |
| Finite-Lived Intangible Assets, Accumulated Amortization | $5400万 | – | – | – | – | – |
| Finite-Lived Intangible Assets, Gross | $1.59亿 | – | – | – | – | – |
| Finite-Lived Intangible Assets, Net | $1.05亿 | – | – | – | – | – |
| General and Administrative Expense | $1.52亿 | $607万 | +2,402.2% | – | – | – |
| Goodwill | $7.7亿 | – | – | – | – | – |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | -$5.96亿 | -$5690万 | -947.1% | – | – | – |
| Income Tax Expense (Benefit) | $56.9万 | $0 | – | – | – | – |
| Income Taxes Receivable, Current | $468万 | – | – | – | – | – |
| Interest Payable, Current | $263万 | – | – | – | – | – |
| Investment Income, Interest | $472万 | $99.9万 | +372.4% | – | – | – |
| Lease, Cost | $240万 | $188万 | +27.8% | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid | $4690万 | – | – | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year | $234万 | – | – | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid, Year Four | $369万 | – | – | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid, Year One | $465万 | – | – | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid, Year Three | $410万 | – | – | – | – | – |
| Lessee, Operating Lease, Liability, to be Paid, Year Two | $431万 | – | – | – | – | – |
| Lessee, Operating Lease, Liability, Undiscounted Excess Amount | $1420万 | – | – | – | – | – |
| Lessor, Operating Lease, Payment to be Received, Remainder of Fiscal Year | $19万 | – | – | – | – | – |
| Lessor, Operating Lease, Payment to be Received, Year One | $39万 | – | – | – | – | – |
| Lessor, Operating Lease, Payments to be Received | $58万 | – | – | – | – | – |
| Liabilities and Equity | $32.3亿 | – | – | – | – | – |
| Liabilities, Current | $1.39亿 | – | – | – | – | – |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | -$1.1亿 | – | – | – | – | – |
| Net Income (Loss) Attributable to Parent | -$6540万 | – | – | – | – | – |
| Net Income (Loss) Attributable to Redeemable Noncontrolling Interest | -$4.21亿 | – | – | – | – | – |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | -$5.97亿 | -$5690万 | -948.1% | – | – | – |
| Operating Income (Loss) | -$5.55亿 | -$5110万 | -986.4% | – | – | – |
| Operating Lease, Cost | $113万 | $74.8万 | +51.1% | – | – | – |
| Operating Lease, Lease Income | $3.2万 | $0 | – | – | – | – |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30
数据截至 2026-11-02