Quantum Market Cap
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QUANTUM COMPARISON LAB

pick a lineup · the whole page reacts
Your Lineup · 12 selected (min 2)
Pure-Play
International
Big Tech
Quick picks
🧠 What the Data Saysauto-generated from live data · recomputes for whatever you pick
RISKQBTS has filed 121 at-the-market offerings — the share printer runs hot, and every run dilutes existing holders.
RISKAuditors flagged substantial going-concern doubt for INFQ and BTQ in the latest annual filings — the strongest formal warning a filing can carry.
SIZEQNT is 89× the size of QSI ($14.51B vs $162.45M) — read every other number here against that gap.
RISKBTQ has roughly 7 months of cash at its current burn (1 more in this lineup is also under 12mo) — expect a capital raise, and the dilution that comes with it.
RISK68% of QNT's daily volume is short selling — bears are leaning on it hard, which cuts both ways (pressure now, squeeze fuel later).
VALUEThe market pays 751× sales for RGTI but only 71.3× for IQMX — a 11× valuation gap on the same dollar of revenue.
VALUEQUBT carries a $1.97B valuation on $682.00K of annual revenue — a pure story stock, priced on the roadmap rather than the income statement.
GROWTHIONQ grew revenue +201.9% year-over-year — the fastest in this lineup, and off a real base ($130.02M).

Every insight uses only metrics reported for the stocks it names — gaps are skipped, never guessed. Not investment advice.

🏅 Superlativesbest in the current lineup
🚀Momentum:RGTI(+1.6% 1Y)🏦Deepest Pockets:IONQ($2.04B)Longest Runway:QUBT(335mo)📈Fastest Growth:IONQ(+201.9%)🏛️Gov Favorite:INFQ($89.81M)🔬Research Lead:XNDU(119K citations)Most Qubits:QBTS(5,627)🎯Best 2Q Fidelity:QNT(99.921%)💎Gem Score:IONQ(69/100)🩳Most Shorted:QNT(68% short vol)🖨️Dilution Watch:QBTS(121 ATM filings)
🏆 Scoreboardwins across 12 comparable metrics
🥇IONQ
4 winsRevenue · Revenue YoY · Cash & Equiv. · Employees
🥈QNT
2 winsMarket Cap · 2Q Fidelity
🥉RGTI
1 win1Y Return
#4QBTS
1 winPhysical Qubits
#5INFQ
1 winGov Funding
#6XNDU
1 winCitations
#7IQMX
1 winShort Vol %
#8QUBT
0 wins
#9ARQQ
0 wins
#10QSI
0 wins
#11HQ
0 wins
#12BTQ
0 wins

A stock wins a metric when it has the best value among those reporting it (ties count for no one). Short Vol %: lower wins.

Performance Race (% return, all start at 0%)
2/53/54/65/56/37/6-100%+0%+100%+200%+300%
BTQ+37.4%HQ+17.3%IONQ+5.1%IQMX+2.3%ARQQ-3.9%QBTS-6.0%XNDU-6.3%QUBT-6.5%RGTI-11.7%QNT-21.6%QSI-24.7%INFQ-43.4%
Company DNA0–100 rank vs all tracked stocks · missing data = 0
MomentumScaleRevenueRunwayGov $Research

Momentum = 1Y return · Scale = market cap · Runway capped at 36mo · Gov $ = federal awards · Research = citations + patents. Dollar axes use log scale.

Pattern Finderany metric vs any metric · bubble = mkt cap
XY
061218243036CF+Cash Runway-50.0%0.0%+50.0%+100.0%+150.0%12moIONQQBTSRGTIIQMXQUBTARQQQSI

Pattern strength: r = +0.58 (moderate, n=12) — correlation, not causation. Dimmed bubbles = rest of the tracked universe. Click any bubble to add or remove it from your lineup.

💎 Gem Scorefundamentals per dollar of market cap · percentile vs all pure-plays
IONQ
69/100$14.50B
Runway 68Growth 100Rev/Cap 73Cash/Cap 73Gov/Cap 50IP Density 50
XNDU
66/100$3.37B
Runway 68Growth 90Rev/Cap 36Cash/Cap 36IP Density 1001 factor unavailable — skipped, not zeroed
INFQ
65/100$2.40B
Runway 68Growth 30Rev/Cap 82Cash/Cap 82Gov/Cap 100IP Density 25
QSI
64/100$162.45M
Runway 18Growth 20Rev/Cap 100Cash/Cap 100Gov/Cap 831 factor unavailable — skipped, not zeroed
QBTS
53/100$6.00B
Runway 68Growth 80Rev/Cap 64Cash/Cap 55Gov/Cap 01 factor unavailable — skipped, not zeroed
IQMX
52/100$2.62B
Runway 27Growth 70Rev/Cap 91Cash/Cap 182 factors unavailable — skipped, not zeroed
QUBT
49/100$1.97B
Runway 68Growth 60Rev/Cap 9Cash/Cap 91Gov/Cap 171 factor unavailable — skipped, not zeroed
RGTI
46/100$5.32B
Runway 68Growth 10Rev/Cap 27Cash/Cap 27Gov/Cap 67IP Density 75
HQ
44/100$711.29M
Runway 68Rev/Cap 0Cash/Cap 643 factors unavailable — skipped, not zeroed
ARQQ
37/100$305.92M
Runway 9Growth 50Rev/Cap 45Cash/Cap 452 factors unavailable — skipped, not zeroed
QNT
34/100$14.51B
Runway 68Growth 40Rev/Cap 55Cash/Cap 9Gov/Cap 33IP Density 0
BTQ
5/100$549.63M
Runway 0Growth 0Rev/Cap 18Cash/Cap 02 factors unavailable — skipped, not zeroed

Each factor is a 0–100 percentile among pure-play quantum stocks: cash runway, revenue growth, and revenue / cash / federal awards / citations+patents per dollar of market cap. A high score on a small cap is the classic overlooked profile — a starting point for research, not investment advice.

Metric Explorer
RGTI
+1.6%
IQMX
-1.5%
IONQ
-2.5%
QBTS
-5.6%
QUBT
-44.0%
ARQQ
-47.7%
QSI
-48.2%
INFQ
XNDU
QNT
HQ
BTQ
Full Table
SORT
METRIC
QNT
Quantinuum
Trapped-Ion
IONQ
IonQ
Trapped-Ion
QBTS
D-Wave Quantum
Quantum Annealing
RGTI
Rigetti Computing
Superconducting
XNDU
Xanadu
Photonic
IQMX
IQM Quantum Computers
Superconducting
INFQ
Infleqtion
Neutral Atom
QUBT
Quantum Computing Inc
Photonic
HQ
Horizon Quantum
Quantum Software
BTQ
BTQ Technologies
Quantum Security
ARQQ
Arqit Quantum
Quantum Security
QSI
Quantum-Si
Quantum Biology
Market
Price$55.65$38.85$16.21$16.02$11.31$10.00$10.98$8.74$13.79$3.83$18.45$0.7460
Market Cap?$14.51B$14.50B$6.00B$5.32B$3.37B$2.62B$2.40B$1.97B$711.29M$549.63M$305.92M$162.45M
1Y Return?-2.5%-5.6%+1.6%-1.5%-44.0%-47.7%-48.2%
Financials
Revenue?$30.93M$130.02M$24.59M$7.09M$4.62M$36.82M$32.46M$682.00K$38.88K$230.19K$530.00K$2.44M
Revenue YoY?+34.6%+201.9%+178.5%-34.3%+190.6%+90.6%+12.6%+82.8%manual backfill-52.7%+80.9%-20.3%
Net Income?-$192.56M-$510.38M-$355.06M-$216.21M-$70.67M-$63.91M-$31.80M-$18.67M-$17.94M-$17.95M-$35.34M-$101.34M
Cash & Equiv.?$677.01M$2.04B$588.40M$418.25M$272.46M$172.19M$443.74M$986.11M$96.60M$8.75M$28.86M$127.38M
Cash Runway?43mo61mo72mo82mo56mo31mo147mo335mo91mo7mo8mo16mo
Risk
Going Concern?NoNoNoNoNoNo⚠ YESNoNo⚠ YESNoNo
ATM Offerings?0181216661616312629
Short Vol %?67.5%62.0%61.6%54.0%50.9%41.9%47.9%58.0%64.0%60.9%63.2%66.7%
Gov. Support
Total Awards?$2.05M$13.41M$40.00K$12.10M$89.81M$95.66K$381.06K
Quantum Technology
Physical Qubits?98365,627107150100
Qubit Type?Physical Qubits (Trapped-Ion, All-to-All Connectivity)Physical Qubits (Trapped-Ion, All-to-All Connectivity)Physical Qubits (Quantum Annealing, Pegasus topology)Physical Qubits (Superconducting, Modular Chiplet)Logical GKP Qubits (Photonic / CV-QC)Physical Qubits (Superconducting Transmon)Physical Qubits (Neutral Atom / Cold Atom)Photonic Variables (EQC — Entropy Quantum Computing)Software-Defined (Hardware-Agnostic)Software-Defined (Neutral-Atom Emulation & Control)
2Q Gate Fidelity?99.921%99.6%98.83%99.3%99.48%
Cloud Platforms?Quantinuum Nexus, Azure Quantum, Amazon BraketAWS Braket, Azure Quantum, Google Cloud, IonQ Quantum CloudD-Wave Leap (Direct)AWS Braket, QCS (Direct API), Azure Quantum, qBraidPennyLane (Open Source), Xanadu Quantum Cloud (partner access)IQM Resonance (cloud access), On-premises systems (IQM Spark, IQM Radiance)NVIDIA CUDA-Q, Direct APIQCi Cloud (Dirac-3), Direct APITriple Alpha IDE (own platform), Rigetti Novera QPU testbed (Singapore HQ)MIMIQ (cloud and on-premises), SDT QuREKA, aQCess digital twinSKA-Platform (SaaS), SKA-PI (Private Instance)

Rows with no data for any selected stock are hidden · n/a = not tracked for that stock type (hover for details) · companies without SEC financials show why (e.g. "no 10-K yet")

Head-to-head comparisons

IONQ VS RGTIIONQ VS QBTSIONQ VS QUBTIONQ VS INFQIONQ VS IQMXIONQ VS QNTRGTI VS QBTSRGTI VS QUBTRGTI VS ARQQRGTI VS QSIRGTI VS HQRGTI VS IQMXRGTI VS QNTQBTS VS QUBTQBTS VS QSIQBTS VS BTQQUBT VS ARQQQUBT VS INFQQUBT VS XNDUQUBT VS IQMXQUBT VS QNTARQQ VS INFQARQQ VS HQARQQ VS QNTQSI VS HQQSI VS QNTXNDU VS QNTIONQ VS ARQQIONQ VS QSIIONQ VS XNDUIONQ VS HQIONQ VS BTQRGTI VS INFQRGTI VS XNDURGTI VS BTQQBTS VS ARQQQBTS VS INFQQBTS VS XNDUQBTS VS QNTQBTS VS HQQBTS VS IQMXQUBT VS QSIQUBT VS HQQUBT VS BTQARQQ VS QSIARQQ VS XNDUARQQ VS IQMXARQQ VS BTQINFQ VS QSIINFQ VS XNDUINFQ VS QNTINFQ VS HQINFQ VS IQMXINFQ VS BTQQSI VS XNDUQSI VS IQMXQSI VS BTQXNDU VS HQXNDU VS IQMXXNDU VS BTQQNT VS HQQNT VS IQMXQNT VS BTQHQ VS IQMXHQ VS BTQIQMX VS BTQ

Search-supported and priority pairs are listed first; every canonical pair remains available.

Stock profiles

IONQ stock →RGTI stock →QBTS stock →QUBT stock →ARQQ stock →INFQ stock →QSI stock →XNDU stock →QNT stock →HQ stock →IQMX stock →BTQ stock →