ARQQ vs QNT: Which Quantum Stock Is Better?
Arqit Quantum (Quantum Security) vs Quantinuum (Trapped-Ion) — live market, SEC financial and quantum-hardware data side by side.
QNT is the larger company at $20.45B market cap, about 40× the size of ARQQ ($505.24M).
QNT reports more revenue ($30.93M vs $530.0K for ARQQ, latest fiscal year).
On cash runway — the metric that decides who needs to raise money first — QNT is stronger (57mo vs 15mo).
| Metric | ARQQArqit Quantum | QNTQuantinuum |
|---|
| Market |
| Price | $29.72 | $78.41 |
| Market Cap | $505.24M | $20.45B |
| 1Y Return | -14.3% | — |
| 52W High | $62.00 | $82.30 |
| 52W Low | $11.52 | $50.10 |
| Financials |
| Revenue (latest FY) | $530.0K | $30.93M |
| Revenue YoY | +80.9% | +34.6% |
| Net Income | $-35,343,000 | $-192,561,000 |
| Cash & Equivalents | $36.98M | $762.64M |
| Cash Runway | 15mo | 57mo |
| Risk |
| Going Concern Flag | No | No |
| ATM Offerings (dilution) | 26 | 0 |
| Daily Short Vol % | 65.3% | 62.1% |
| Beta (1Y vs SPY) | 1.34 | — |
| Government & Research |
| Federal Awards Total | $0 | — |
| Academic Citations | — | 3 |
| Patents | — | — |
| Quantum Technology |
| Physical Qubits | — | 98 |
| Qubit Modality | — | Physical Qubits (Trapped-Ion, All-to-All Connectivity) |
| 2Q Gate Fidelity | — | 99.921% |
| Cloud Platforms | SKA-Platform (SaaS), SKA-PI (Private Instance) | Quantinuum Nexus, Azure Quantum, Amazon Braket |
| Roadmap Target | Global enterprise and telco rollout via SKA-CC for MSPs and sovereign private deployments | Universal fault-tolerant quantum computer; commercial quantum advantage by 2027 |
| Company |
| Founded | 2017 | 2021 |
| Headquarters | London, UK | Broomfield, CO |
| Employees | — | — |
ARQQ vs QNT FAQ
Is ARQQ or QNT the bigger company?
QNT is larger, with a market cap of $20.45B versus $505.24M for ARQQ.
Which has the longer cash runway, ARQQ or QNT?
ARQQ's cash runway is 15mo and QNT's is 57mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do ARQQ and QNT use?
Arqit Quantum (ARQQ): Quantum Security. Quantinuum (QNT): Physical Qubits (Trapped-Ion, All-to-All Connectivity). Qubit counts are not directly comparable across different modalities.
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