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QUBT vs IQMX: Which Quantum Stock Is Better? Quantum Computing Inc (Photonic) vs IQM Quantum Computers (Superconducting) — live market, SEC financial and quantum-hardware data side by side.
IQMX is the larger company at $3.42B market cap, about 1.7× the size of QUBT ($2.04B).
They take different technical paths: QUBT reports its qubit count (Photonic Variables (EQC — Entropy Quantum Computing)), while IQMX reports 54 qubits (Physical Qubits (Superconducting Transmon)) — raw counts are not directly comparable across modalities.
Metric QUBT Quantum Computing Inc IQMX IQM Quantum Computers Market Price $9.05 $13.03 Market Cap $2.04B $3.42B 1Y Return -57.2% +28.4% 52W High $25.84 $13.78 52W Low $6.18 $9.62 Financials Revenue (latest FY) $682.00K — Revenue YoY +82.8% — Net Income -$18.67M — Cash & Equivalents $986.11M — Cash Runway 335mo — Risk Going Concern Flag No No ATM Offerings (dilution) 16 1 Daily Short Vol % 59.8% 46.9% Beta (1Y vs SPY) 1.92 0.06 Government & Research Federal Awards Total $1.45M — Academic Citations — — Patents — — Quantum Technology Physical Qubits — 54 Qubit Modality Photonic Variables (EQC — Entropy Quantum Computing) Physical Qubits (Superconducting Transmon) 2Q Gate Fidelity — — Cloud Platforms QCi Cloud (Dirac-3), Direct API IQM Resonance (cloud access), On-premises systems (IQM Spark, IQM Radiance) Roadmap Target NeuraWave commercial deployment 2026; TFLN photonic chip commercialization (POET collaboration; Luminar manufacturing) Fault-tolerant quantum computing targeted by 2030, scaling through 150- and 300-qubit Radiance-class systems with error-corrected logical qubits Company Founded 2018 2018 Headquarters Leesburg, VA Espoo, Finland Employees — —
QUBT vs IQMX FAQ Is QUBT or IQMX the bigger company?
IQMX is larger, with a market cap of $3.42B versus $2.04B for QUBT.
Which has the longer cash runway, QUBT or IQMX?
QUBT's cash runway is 335mo and IQMX's is — (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.
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