Quantum Market Cap

QUBT vs XNDU: Which Quantum Stock Is Better?

Quantum Computing Inc (Photonic) vs Xanadu (Photonic) — live market, SEC financial and quantum-hardware data side by side.

XNDU is the larger company at $3.53B market cap, about 1.7× the size of QUBT ($2.13B).

They take different technical paths: QUBT reports its qubit count (Photonic Variables (EQC — Entropy Quantum Computing)), while XNDU reports 12 qubits (Logical GKP Qubits (Photonic / CV-QC)) — raw counts are not directly comparable across modalities.

MetricQUBTQuantum Computing IncXNDUXanadu
Market
Price$9.43$11.85
Market Cap$2.13B$3.53B
1Y Return-49.4%
52W High$25.84$42.44
52W Low$6.18$6.97
Financials
Revenue (latest FY)$682.0K
Revenue YoY+82.8%
Net Income$-18,674,000
Cash & Equivalents$986.11M$272.46M
Cash Runway335mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)166
Daily Short Vol %60.4%47.0%
Beta (1Y vs SPY)1.850.62
Government & Research
Federal Awards Total$1.45M
Academic Citations114K
Patents
Quantum Technology
Physical Qubits12
Qubit ModalityPhotonic Variables (EQC — Entropy Quantum Computing)Logical GKP Qubits (Photonic / CV-QC)
2Q Gate Fidelity
Cloud PlatformsQCi Cloud (Dirac-3), Direct APIPennyLane (Open Source), Xanadu Quantum Cloud (partner access)
Roadmap TargetNeuraWave commercial deployment 2026; TFLN photonic chip commercialization (POET collaboration; Luminar manufacturing)Fault-tolerant photonic quantum data center by 2028–2029; 500 logical qubits by 2029–2030
Company
Founded20182016
HeadquartersLeesburg, VAToronto, ON, Canada
Employees

QUBT vs XNDU FAQ

Is QUBT or XNDU the bigger company?

XNDU is larger, with a market cap of $3.53B versus $2.13B for QUBT.

Which has the longer cash runway, QUBT or XNDU?

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

What technology do QUBT and XNDU use?

Quantum Computing Inc (QUBT): Photonic Variables (EQC — Entropy Quantum Computing). Xanadu (XNDU): Logical GKP Qubits (Photonic / CV-QC). Qubit counts are not directly comparable across different modalities.

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