Quantum Computing Inc (Photonic) vs IQM Quantum Computers (Superconducting) — live market, SEC financial and quantum-hardware data side by side.
IQMX leads this data snapshot on 3 of the five headline market, financial, runway, return and dilution measures with comparable data. The better investment still depends on valuation, technology execution and risk tolerance.
QUBT is the larger company at $1.87B market cap, slightly ahead of IQMX at $1.67B.
IQMX reports more revenue ($36.82M vs $682.00K for QUBT, latest fiscal year).
On cash runway — the metric that decides who needs to raise money first — QUBT is stronger (266mo vs 47mo).
They take different technical paths: QUBT reports its qubit count (Photonic Variables (EQC — Entropy Quantum Computing)), while IQMX reports 150 qubits (Physical Qubits (Superconducting Transmon)) — raw counts are not directly comparable across modalities.
Momentum = 1Y return · Scale = market cap · Runway capped at 36mo · Gov $ = federal awards · Research = citations + patents. Dollar axes use log scale.
Is QUBT or IQMX the bigger company?
QUBT is larger, with a market cap of $1.87B versus $1.67B for IQMX.
Which has the longer cash runway, QUBT or IQMX?
QUBT's cash runway is 266mo and IQMX's is 47mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do QUBT and IQMX use?
Quantum Computing Inc (QUBT): Photonic Variables (EQC — Entropy Quantum Computing). IQM Quantum Computers (IQMX): Physical Qubits (Superconducting Transmon). Qubit counts are not directly comparable across different modalities.