D-Wave Quantum (Quantum Annealing) 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 2.3× the size of QBTS ($8.88B).
QNT reports more revenue ($30.93M vs $24.59M for QBTS, latest fiscal year).
On cash runway — the metric that decides who needs to raise money first — QBTS is stronger (72mo vs 57mo).
They take different technical paths: QBTS reports 4,400 qubits (Physical Qubits (Quantum Annealing, Zephyr topology)), while QNT reports 98 qubits (Physical Qubits (Trapped-Ion, All-to-All Connectivity)) — raw counts are not directly comparable across modalities.
Is QBTS or QNT the bigger company?
QNT is larger, with a market cap of $20.45B versus $8.88B for QBTS.
Which has the longer cash runway, QBTS or QNT?
QBTS's cash runway is 72mo and QNT's is 57mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do QBTS and QNT use?
D-Wave Quantum (QBTS): Physical Qubits (Quantum Annealing, Zephyr topology). Quantinuum (QNT): Physical Qubits (Trapped-Ion, All-to-All Connectivity). Qubit counts are not directly comparable across different modalities.