Quantum Market Cap

ARQQ vs IQMX: Which Quantum Stock Is Better?

Arqit Quantum (Quantum Security) vs IQM Quantum Computers (Superconducting) — live market, SEC financial and quantum-hardware data side by side.

IQMX is the larger company at $3.42B market cap, about 8.6× the size of ARQQ ($399.75M).

MetricARQQArqit QuantumIQMXIQM Quantum Computers
Market
Price$23.52$13.03
Market Cap$399.75M$3.42B
1Y Return-33.0%+28.4%
52W High$62.00$13.78
52W Low$11.52$9.62
Financials
Revenue (latest FY)$530.00K—
Revenue YoY+80.9%—
Net Income-$35.34M—
Cash & Equivalents$36.98M—
Cash Runway15mo—
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)261
Daily Short Vol %44.8%46.9%
Beta (1Y vs SPY)1.380.06
Government & Research
Federal Awards Total$0.00—
Academic Citations——
Patents——
Quantum Technology
Physical Qubits—54
Qubit Modality—Physical Qubits (Superconducting Transmon)
2Q Gate Fidelity——
Cloud PlatformsSKA-Platform (SaaS), SKA-PI (Private Instance)IQM Resonance (cloud access), On-premises systems (IQM Spark, IQM Radiance)
Roadmap TargetGlobal enterprise and telco rollout via SKA-CC for MSPs and sovereign private deploymentsFault-tolerant quantum computing targeted by 2030, scaling through 150- and 300-qubit Radiance-class systems with error-corrected logical qubits
Company
Founded20172018
HeadquartersLondon, UKEspoo, Finland
Employees——

ARQQ vs IQMX FAQ

Is ARQQ or IQMX the bigger company?

IQMX is larger, with a market cap of $3.42B versus $399.75M for ARQQ.

Which has the longer cash runway, ARQQ or IQMX?

ARQQ's cash runway is 15mo and IQMX's is — (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do ARQQ and IQMX use?

Arqit Quantum (ARQQ): Quantum Security. IQM Quantum Computers (IQMX): Physical Qubits (Superconducting Transmon). Qubit counts are not directly comparable across different modalities.

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