Zapata Quantum Inc
zapata.aiWhat Do They Do?
Builds quantum software and tools for enterprises, government agencies, and researchers to discover, develop, and run quantum and hybrid computing applications.
10-K for FY2025, filed Mar 31, 2026Zapata Quantum is a leading pure-play hardware-agnostic quantum software company. Following a strategic realignment in 2025, the Company…View ↗
Zapata’s software platform for quantum computing applications is based on our patented technology and supports a wide range of use cases in…View ↗
Zapata’s hardware-agnostic approach and proprietary technology address the “software bottleneck” that limits quantum adoption. The…View ↗
How Do They Make Money?
The company sells software access by subscription, typically over annual or multi-year terms, along with related services. Consulting and stand-ready technical services are paid for over the work or contract period; some software licenses are paid for when deployed.
10-K for FY2025, filed Mar 31, 2026The Company earns revenue primarily from subscriptions to its software platform and related services. Subscriptions to its software…View ↗
Revenue from subscriptions to the Company’s Orquestra Platform to date have only been sold as access to the platform in its hosted…View ↗
Revenue from consulting services is generally recognized over time. The Company’s contracts typically contain fixed-fee transaction prices.…View ↗
Revenue from services sold in the form of stand-ready scientific and software engineering services are recognized over the contract term on…View ↗
From time to time, the Company may enter into arrangements to build license applications that can be used in conjunction with its Orquestra…View ↗
$3.9M
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10-K for FY2025, filed Mar 31, 2026
$3.9M ↗
Who Are Their Customers?
Enterprise customers buy through direct sales, channel partners, and strategy consultancies; government agencies are served through contracts and collaborations.
10-K for FY2025, filed Mar 31, 2026In the public sector, Zapata has served as a prime contractor and collaborator under the Defense Advanced Research Projects Agency (DARPA)…View ↗
The Company’s go-to-market strategy is focusing on direct enterprise sales, channel partnerships, and ecosystem collaborations. It also…View ↗
Our primary revenue model is based on subscription payments for our offerings which are utilized to develop and efficiently deploy quantum…View ↗
Do Revenues Turn Into Profits?
No. It lost $38.1M in FY2024.
10-K for FY2025, filed Mar 31, 2026
−$23MView ↗
10-K for FY2025, filed Mar 31, 2026
−$38.1MView ↗
10-K for FY2025, filed Mar 31, 2026
−$18.1MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$1.8MView ↗
- ▼ Now a loss
- vs $2.7M in Q2 FY2025
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Sep 22, 2026
Introduced early access to Quantum Pilot
The cloud-based platform helps enterprise and government customers identify, assess, and develop quantum applications.
Sources
8-K, filed Sep 23, 2026
On September 22, 2026, Zapata Quantum, Inc. (the “Company”) issued a press release announcing early access to Quantum Pilot, a…View ↗
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Aug 12, 2026
Partnered with QuEra on quantum applications
The collaboration combines QuEra’s quantum hardware roadmap with Zapata’s application development work.
Sources
8-K, filed Aug 12, 2026
On August 12, 2026, Zapata Quantum, Inc. (the “Company”) issued a press release announcing a partnership with QuEra, a copy of which is…View ↗
Who Do They Compete With?
Competes with IBM, IonQ, Rigetti, Classiq, QC Ware, and Horizon Quantum
10-K for FY2025, filed Mar 31, 2026The quantum computing industry remains early and fragmented. Competition arises from (a) hardware manufacturers developing vertically…View ↗
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