Quantum Market Cap

INFQ vs XNDU: Which Quantum Stock Is Better?

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

XNDU is the larger company at $3.53B market cap, about 1.3× the size of INFQ ($2.82B).

They take different technical paths: INFQ reports 100 qubits (Physical Qubits (Neutral Atom / Cold Atom)), while XNDU reports 12 qubits (Logical GKP Qubits (Photonic / CV-QC)) — raw counts are not directly comparable across modalities.

MetricINFQInfleqtionXNDUXanadu
Market
Price$12.93$11.85
Market Cap$2.82B$3.53B
1Y Return
52W High$21.28$42.44
52W Low$8.52$6.97
Financials
Revenue (latest FY)
Revenue YoY
Net Income$-66,931,068
Cash & Equivalents$443.74M$272.46M
Cash Runway248mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)56
Daily Short Vol %59.9%47.0%
Beta (1Y vs SPY)0.710.62
Government & Research
Federal Awards Total$86.27M
Academic Citations6K114K
Patents
Quantum Technology
Physical Qubits10012
Qubit ModalityPhysical Qubits (Neutral Atom / Cold Atom)Logical GKP Qubits (Photonic / CV-QC)
2Q Gate Fidelity99.73%
Cloud PlatformsNVIDIA CUDA-Q, Direct APIPennyLane (Open Source), Xanadu Quantum Cloud (partner access)
Roadmap Target30 logical qubits by 2026; 1,000 logical qubits by 2030 (full-stack fault-tolerant)Fault-tolerant photonic quantum data center by 2028–2029; 500 logical qubits by 2029–2030
Company
Founded20072016
HeadquartersLouisville, COToronto, ON, Canada
Employees

INFQ vs XNDU FAQ

Is INFQ or XNDU the bigger company?

XNDU is larger, with a market cap of $3.53B versus $2.82B for INFQ.

Which has the longer cash runway, INFQ or XNDU?

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

What technology do INFQ and XNDU use?

Infleqtion (INFQ): Physical Qubits (Neutral Atom / Cold Atom). Xanadu (XNDU): Logical GKP Qubits (Photonic / CV-QC). Qubit counts are not directly comparable across different modalities.

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