Quantum Market Cap

QSI vs HQ: Which Quantum Stock Is Better?

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

HQ is the larger company at $1.43B market cap, about 7.1× the size of QSI ($201.23M).

On cash runway — the metric that decides who needs to raise money first — HQ is stronger (91mo vs 24mo).

MetricQSIQuantum-SiHQHorizon Quantum
Market
Price$0.9241$27.76
Market Cap$201.23M$1.43B
1Y Return-51.4%
52W High$3.10$45.00
52W Low$0.69$8.29
Financials
Revenue (latest FY)$2.44M
Revenue YoY-20.3%
Net Income$-101,339,000
Cash & Equivalents$190.40M$96.60M
Cash Runway24mo91mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)293
Daily Short Vol %38.8%63.5%
Beta (1Y vs SPY)1.350.71
Government & Research
Federal Awards Total$30.30M
Academic Citations
Patents
Quantum Technology
Physical Qubits
Qubit ModalitySoftware-Defined (Hardware-Agnostic)
2Q Gate Fidelity
Cloud PlatformsTriple Alpha IDE (own platform), Rigetti Novera QPU testbed (Singapore HQ)
Roadmap TargetProteus commercial launch late 2026 (18+ amino acids, ~1,000× throughput); 20 of 20 amino acids by 2027Triple Alpha testbed access for developers 2026; full-stack enterprise quantum application platform 2026–2027
Company
Founded20172018
HeadquartersGuilford, CTSingapore
Employees

QSI vs HQ FAQ

Is QSI or HQ the bigger company?

HQ is larger, with a market cap of $1.43B versus $201.23M for QSI.

Which has the longer cash runway, QSI or HQ?

QSI's cash runway is 24mo and HQ's is 91mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do QSI and HQ use?

Quantum-Si (QSI): Quantum Biology. Horizon Quantum (HQ): Software-Defined (Hardware-Agnostic). Qubit counts are not directly comparable across different modalities.

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