Quantum Market Cap

QUBT vs QNT: Which Quantum Stock Is Better?

Quantum Computing Inc (Photonic) 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 9.6× the size of QUBT ($2.13B).

QNT reports more revenue ($30.93M 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 57mo).

They take different technical paths: QUBT reports its qubit count (Photonic Variables (EQC — Entropy Quantum Computing)), while QNT reports 98 qubits (Physical Qubits (Trapped-Ion, All-to-All Connectivity)) — raw counts are not directly comparable across modalities.

MetricQUBTQuantum Computing IncQNTQuantinuum
Market
Price$9.43$78.41
Market Cap$2.13B$20.45B
1Y Return-49.4%—
52W High$25.84$82.30
52W Low$6.18$50.10
Financials
Revenue (latest FY)$682.0K$30.93M
Revenue YoY+82.8%+34.6%
Net Income$-18,674,000$-192,561,000
Cash & Equivalents$986.11M$762.64M
Cash Runway335mo57mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)160
Daily Short Vol %60.4%62.1%
Beta (1Y vs SPY)1.85—
Government & Research
Federal Awards Total$1.45M—
Academic Citations—3
Patents——
Quantum Technology
Physical Qubits—98
Qubit ModalityPhotonic Variables (EQC — Entropy Quantum Computing)Physical Qubits (Trapped-Ion, All-to-All Connectivity)
2Q Gate Fidelity—99.921%
Cloud PlatformsQCi Cloud (Dirac-3), Direct APIQuantinuum Nexus, Azure Quantum, Amazon Braket
Roadmap TargetNeuraWave commercial deployment 2026; TFLN photonic chip commercialization (POET collaboration; Luminar manufacturing)Universal fault-tolerant quantum computer; commercial quantum advantage by 2027
Company
Founded20182021
HeadquartersLeesburg, VABroomfield, CO
Employees——

QUBT vs QNT FAQ

Is QUBT or QNT the bigger company?

QNT is larger, with a market cap of $20.45B versus $2.13B for QUBT.

Which has the longer cash runway, QUBT or QNT?

QUBT's cash runway is 335mo and QNT's is 57mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do QUBT and QNT use?

Quantum Computing Inc (QUBT): Photonic Variables (EQC — Entropy Quantum Computing). Quantinuum (QNT): Physical Qubits (Trapped-Ion, All-to-All Connectivity). Qubit counts are not directly comparable across different modalities.

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