D-Wave Quantum (Quantum Annealing) vs Quantum Computing Inc (Photonic) — live market, SEC financial and quantum-hardware data side by side.
QBTS is the larger company at $8.88B market cap, about 4.2× the size of QUBT ($2.13B).
QBTS reports more revenue ($24.59M vs $682.0K for QUBT, latest fiscal year).
On cash runway — the metric that decides who needs to raise money first — QUBT is stronger (335mo vs 72mo).
They take different technical paths: QBTS reports 4,400 qubits (Physical Qubits (Quantum Annealing, Zephyr topology)), while QUBT reports its qubit count (Photonic Variables (EQC — Entropy Quantum Computing)) — raw counts are not directly comparable across modalities.
Is QBTS or QUBT the bigger company?
QBTS is larger, with a market cap of $8.88B versus $2.13B for QUBT.
Which has the longer cash runway, QBTS or QUBT?
QBTS's cash runway is 72mo and QUBT's is 335mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do QBTS and QUBT use?
D-Wave Quantum (QBTS): Physical Qubits (Quantum Annealing, Zephyr topology). Quantum Computing Inc (QUBT): Photonic Variables (EQC — Entropy Quantum Computing). Qubit counts are not directly comparable across different modalities.