Quantum Market Cap

RGTI vs XNDU: Which Quantum Stock Is Better?

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

RGTI is the larger company at $6.21B market cap, about 1.8× the size of XNDU ($3.53B).

They take different technical paths: RGTI reports 108 qubits (Physical Qubits (Superconducting, Modular Chiplet)), while XNDU reports 12 qubits (Logical GKP Qubits (Photonic / CV-QC)) — raw counts are not directly comparable across modalities.

MetricRGTIRigetti ComputingXNDUXanadu
Market
Price$18.68$11.85
Market Cap$6.21B$3.53B
1Y Return+64.9%
52W High$58.15$42.44
52W Low$11.23$6.97
Financials
Revenue (latest FY)$7.09M
Revenue YoY-34.3%
Net Income$-216,210,000
Cash & Equivalents$418.25M$272.46M
Cash Runway82mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)666
Daily Short Vol %58.7%47.0%
Beta (1Y vs SPY)0.890.62
Government & Research
Federal Awards Total$8.87M
Academic Citations43K114K
Patents
Quantum Technology
Physical Qubits10812
Qubit ModalityPhysical Qubits (Superconducting, Modular Chiplet)Logical GKP Qubits (Photonic / CV-QC)
2Q Gate Fidelity99.1%
Cloud PlatformsAWS Braket, QCS (Direct API), Azure Quantum (planned)PennyLane (Open Source), Xanadu Quantum Cloud (partner access)
Roadmap TargetLyra (336 qubits, late 2026 narrow advantage target); 1,000+ qubits by end of 2027; utility-scale ~2027–2029Fault-tolerant photonic quantum data center by 2028–2029; 500 logical qubits by 2029–2030
Company
Founded20132016
HeadquartersBerkeley, CAToronto, ON, Canada
Employees

RGTI vs XNDU FAQ

Is RGTI or XNDU the bigger company?

RGTI is larger, with a market cap of $6.21B versus $3.53B for XNDU.

Which has the longer cash runway, RGTI or XNDU?

RGTI's cash runway is 82mo and XNDU's is — (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do RGTI and XNDU use?

Rigetti Computing (RGTI): Physical Qubits (Superconducting, Modular Chiplet). Xanadu (XNDU): Logical GKP Qubits (Photonic / CV-QC). Qubit counts are not directly comparable across different modalities.

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