KUALA LUMPUR, Nov 11 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a quantum computing software company, posted a net profit of US$33.4 million for the third quarter ended Sept 30, 2026 (Q3 2026), driven by a non-cash accounting gain, while its operating loss more than doubled. (US$1 = RM4.05)
Horizon Quantum Q3 Profit Driven By Non-Cash Warrant Gain
Horizon Quantum Q3 Profit Driven By Non-Cash Warra
BE Bernama 
Key takeaways
Horizon Quantum reported a Q3 2026 net profit of US$33.4 million, mainly from a non-cash warrant gain, despite a doubled operating loss.
- Profit driven by a US$43.1 million non-cash gain from warrant revaluation.
- Operating loss increased to US$10.5 million, with rising R&D and admin costs.
- Company plans to acquire Entropica Labs, focusing on quantum error correction.
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