# Quantinuum Inc. (QNT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $49.65, market value $13.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Quantinuum Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 422.7×**. Each dollar of revenue is priced at 422.7×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 4.3×**. The shares trade at 4.3× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -1.8%**. Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 62.2%**. Quantinuum Inc. keeps 62.2% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Net margin: -231.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -4.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -57.0%**. Return on all capital, debt included, is -57.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -3.9%**. Each dollar of assets produces -3.9% of profit.

## Growth
- **Revenue growth (1 yr): 34.6%**. Revenue grew 34.6% over the last year.
- **EPS growth (1 yr): 48.3%**. Earnings per share rose 48.3%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.5×**. It would take 1.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 14.25** (quick 14.25). Current assets cover the next year's liabilities 14.25 times.
- **Altman Z-score: 50.47**. A Z-score of 50.47 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Quantinuum Inc. does not currently pay a dividend, but it returned -6.3% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -42.8%** (6.7% above the low). Trading 43% below its 52-week high, deep in a drawdown.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 2.67** (volatility 111%). Beta of 2.67 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=QNT · Page: https://foliofundamentals.com/stocks/qnt

Not investment advice.