Xanadu Quantum Technologies reported revenue of $1.51M and net income of $42.05M for the quarter ended Jun 2026, up 116.2% year over year. This income statement covers 6 quarters of results from Dec 2024 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2024 | Mar2025 | Jun2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|
| Revenue & cost | ||||||
| Revenue | 0.71M | 0.70M | 1.06M | 1.88M | 2.83M | 1.51M |
| Cost of RevenueCost of Rev | 0.41M | 0.05M | 0.06M | 0.21M | 0.11M | 0.13M |
| Gross Profit | 0.30M | 0.65M | 1.00M | 1.67M | 2.72M | 1.38M |
| Operating items | ||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.93M | 1.15M | ||||
| Research & DevelopmentR&D | 8.83M | 10.01M | 13.01M | 16.92M | 17.35M | 19.72M |
| Selling, General & AdministrativeSG&A | 1.75M | 1.91M | 2.18M | 7.32M | 9.76M | 11.05M |
| Other Operating ExpensesOther Opex | 0.03M | -0.01M | -0.31M | -4.18M | -4.14M | -1.59M |
| Operating ExpensesOpex | 12.45M | 13.46M | 16.58M | 22.21M | 26.10M | 31.50M |
| Operating IncomeOp. Inc | -11.74M | -12.77M | -15.52M | -20.34M | -23.27M | -29.99M |
| EBIT | -11.74M | -12.77M | -15.52M | -20.34M | -23.27M | -29.99M |
| Non-operating items | ||||||
| Interest & Investment IncomeInt & Inv Inc | 1.00M | 0.55M | 0.34M | -1.02M | -0.19M | 2.32M |
| Other Non Operating IncomeOther Non Op Inc. | -0.12M | 0.01M | 0.04M | -2.67M | 0.02M | -1.88M |
| Non Operating IncomeNon Op. Inc. | 0.89M | 0.56M | 0.38M | -3.57M | 2.66M | -12.06M |
| Net income details | ||||||
| EBT | -10.73M | -12.21M | -15.18M | -21.36M | -23.46M | -27.67M |
| Profit After TaxPAT | -10.85M | 12.21M | 15.14M | -23.02M | 20.60M | 42.05M |
| Income from Non-Controlling InterestsInc. Minority | 12.21M | 15.14M | 20.60M | 42.05M | ||
| Income from Continuing OperationsIncome (Continuing) | -10.73M | -12.21M | -15.18M | -21.36M | -23.46M | -27.67M |
| Consolidated Net IncomeConsol Net Inc. | -10.73M | -12.21M | -15.18M | -21.36M | -23.46M | -27.67M |
| Income towards Parent CompanyParent Net Inc | -10.73M | -12.21M | -15.18M | -21.36M | -23.46M | -27.67M |
| Net Income towards Common StockholdersNet Income | -10.73M | -12.21M | -15.18M | -0.01M | -23.46M | -27.67M |
| Additional items | ||||||
| EPS (Basic) | -0.01M | -23.46M | -27.67M | |||
| EPS (Diluted) | -0.04 | -0.04 | -0.05 | -0.01M | -23.46M | -27.67M |
| Shares Outstanding | 1.00 | 1.00 | 1.00 | |||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 295.04M | 295.04M | 295.04M | 1.00 | 1.00 | 1.00 |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 1.00 | |||||
| EBITDA | -11.74M | -12.77M | -14.60M | -20.34M | -23.27M | -28.84M |