Quantum Market Cap

INFQ vs HQ: Which Quantum Stock Is Better?

Infleqtion (Neutral Atom) vs Horizon Quantum (Quantum Software) — live market, SEC financial and quantum-hardware data side by side.

INFQ is the larger company at $2.82B market cap, about 2.0× the size of HQ ($1.43B).

On cash runway — the metric that decides who needs to raise money first — INFQ is stronger (248mo vs 91mo).

They take different technical paths: INFQ reports 100 qubits (Physical Qubits (Neutral Atom / Cold Atom)), while HQ reports its qubit count (Software-Defined (Hardware-Agnostic)) — raw counts are not directly comparable across modalities.

MetricINFQInfleqtionHQHorizon Quantum
Market
Price$12.93$27.76
Market Cap$2.82B$1.43B
1Y Return——
52W High$21.28$45.00
52W Low$8.52$8.29
Financials
Revenue (latest FY)——
Revenue YoY——
Net Income$-66,931,068—
Cash & Equivalents$443.74M$96.60M
Cash Runway248mo91mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)53
Daily Short Vol %59.9%63.5%
Beta (1Y vs SPY)0.710.71
Government & Research
Federal Awards Total$86.27M—
Academic Citations6K—
Patents——
Quantum Technology
Physical Qubits100—
Qubit ModalityPhysical Qubits (Neutral Atom / Cold Atom)Software-Defined (Hardware-Agnostic)
2Q Gate Fidelity99.73%—
Cloud PlatformsNVIDIA CUDA-Q, Direct APITriple Alpha IDE (own platform), Rigetti Novera QPU testbed (Singapore HQ)
Roadmap Target30 logical qubits by 2026; 1,000 logical qubits by 2030 (full-stack fault-tolerant)Triple Alpha testbed access for developers 2026; full-stack enterprise quantum application platform 2026–2027
Company
Founded20072018
HeadquartersLouisville, COSingapore
Employees——

INFQ vs HQ FAQ

Is INFQ or HQ the bigger company?

INFQ is larger, with a market cap of $2.82B versus $1.43B for HQ.

Which has the longer cash runway, INFQ or HQ?

INFQ's cash runway is 248mo and HQ's is 91mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do INFQ and HQ use?

Infleqtion (INFQ): Physical Qubits (Neutral Atom / Cold Atom). Horizon Quantum (HQ): Software-Defined (Hardware-Agnostic). Qubit counts are not directly comparable across different modalities.

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