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RGTI vs IQMX: Which Quantum Stock Is Better?

Rigetti Computing (Superconducting) vs IQM Quantum Computers (Superconducting) — live market, SEC financial and quantum-hardware data side by side.

Direct verdict: RGTI vs IQMX

RGTI 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.

RGTI is the larger company at $5.46B market cap, about 3.3× the size of IQMX ($1.67B).

IQMX reports more revenue ($36.82M vs $7.09M for RGTI, latest fiscal year).

On cash runway — the metric that decides who needs to raise money first — RGTI is stronger (78mo vs 47mo).

They take different technical paths: RGTI reports 107 qubits (Physical Qubits (Superconducting, Modular Chiplet)), while IQMX reports 150 qubits (Physical Qubits (Superconducting Transmon)) — raw counts are not directly comparable across modalities.

RGTI vs IQMX Performance (% return, all start at 0%)
2/263/274/285/276/267/28-50%-25%+0%+25%+50%
IQMX+4.7%RGTI-3.9%
MetricRGTIRigetti ComputingIQMXIQM Quantum Computers
Market
Price$16.37$10.44
Market Cap$5.46B$1.67B
1Y Return+13.1%+3.2%
52W High$58.15$15.10
52W Low$12.53$9.00
Financials
Revenue (latest FY)$7.09M$36.82M
Revenue YoY-34.3%+90.6%
Net Income-$216.21M-$63.91M
Cash & Equivalents$393.71M$352.53M
Cash Runway78mo47mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)661
Daily Short Vol %61.9%65.5%
Beta (1Y vs SPY)1.240.24
Government & Research
Federal Awards Total$12.10M
Academic Citations44K
Patents
Quantum Technology
Physical Qubits107150
Qubit ModalityPhysical Qubits (Superconducting, Modular Chiplet)Physical Qubits (Superconducting Transmon)
2Q Gate Fidelity99.1%99.3%
Cloud PlatformsAWS Braket, QCS (Direct API), Azure Quantum, qBraidIQM Resonance (cloud access), On-premises systems (IQM Spark, IQM Radiance)
Roadmap TargetLyra (336 qubits, late 2026 narrow advantage target); 1,000+ qubits by end of 2027; utility-scale ~2027–2029Fault-tolerant quantum computing targeted by 2030, scaling through 150- and 300-qubit Radiance-class systems with error-corrected logical qubits
Company
Founded20132018
HeadquartersBerkeley, CAEspoo, Finland
Employees162380
Company DNA0–100 rank vs all tracked stocks · missing data = 0
MomentumScaleRevenueRunwayGov $Research

Momentum = 1Y return · Scale = market cap · Runway capped at 36mo · Gov $ = federal awards · Research = citations + patents. Dollar axes use log scale.

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RGTI vs IQMX FAQ

Is RGTI or IQMX the bigger company?

RGTI is larger, with a market cap of $5.46B versus $1.67B for IQMX.

Which has the longer cash runway, RGTI or IQMX?

RGTI's cash runway is 78mo and IQMX's is 47mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do RGTI and IQMX use?

Rigetti Computing (RGTI): Physical Qubits (Superconducting, Modular Chiplet). IQM Quantum Computers (IQMX): Physical Qubits (Superconducting Transmon). Qubit counts are not directly comparable across different modalities.

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