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Quantum computing in 2026: where the technology really stands

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An IBM Q System One quantum computer
Photo: IBM Research / Wikimedia Commons, CC BY 2.0
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On 4 June 2026, Quantinuum sold shares on Nasdaq at $60 each, raised $1.68 billion and finished its first day valued at more than $14 billion. Part of the company grew out of Cambridge Quantum, so British investors had a reason to pay attention. They also had a reason to look at the accounts. According to Hargreaves Lansdown’s report on the listing, Quantinuum lost $192.6 million in 2025 on revenue…

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