Quantinuum (QNT) stock is expected to start trading on Thursday after the Honeywell International-controlled (HON) company launches its initial public offering. The number of quantum computing stocks continues to increase, although the companies are still unprofitable as they aim to commercialize the technology.
Broomfield, Colo.-based Quantinuum raised $1.68 billion in an upsized IPO. The company priced 28 million shares at $60, up from initial plans to sell about price shares for $45 to $50. The IPO puts Quantinuum's valuation at $15.6 billion.
IonQ (IONQ) currently has the highest valuation among quantum computing stocks at around $25.5 billion, with D-Wave Quantum (QBTS) at $10.2 billion.
According to Quantinuum's S-1 filing, the company's net revenue rose nearly 35% in 2025 to $30.9 million. The company's net loss rose to $192.5 million, up from $144 million a year earlier.
In 2021, Honeywell merged its Quantum Solutions business with Cambridge Quantum, forming Quantinuum.
Broomfield, Colo.-based Quantinuum raised $1.68 billion in an upsized IPO. The company priced 28 million shares at $60, up from initial plans to sell about price shares for $45 to $50. The IPO puts Quantinuum's valuation at $15.6 billion.
IonQ (IONQ) currently has the highest valuation among quantum computing stocks at around $25.5 billion, with D-Wave Quantum (QBTS) at $10.2 billion.
According to Quantinuum's S-1 filing, the company's net revenue rose nearly 35% in 2025 to $30.9 million. The company's net loss rose to $192.5 million, up from $144 million a year earlier.
In 2021, Honeywell merged its Quantum Solutions business with Cambridge Quantum, forming Quantinuum.
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