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XNDU vs QNT: Which Quantum Stock Is Better? Xanadu (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 5.8× the size of XNDU ($3.53B).
They take different technical paths: XNDU reports 12 qubits (Logical GKP Qubits (Photonic / CV-QC)), while QNT reports 98 qubits (Physical Qubits (Trapped-Ion, All-to-All Connectivity)) — raw counts are not directly comparable across modalities.
Metric XNDU Xanadu QNT Quantinuum Market Price $11.85 $78.41 Market Cap $3.53B $20.45B 1Y Return — — 52W High $42.44 $82.30 52W Low $6.97 $50.10 Financials Revenue (latest FY) — $30.93M Revenue YoY — +34.6% Net Income — $-192,561,000 Cash & Equivalents $272.46M $762.64M Cash Runway — 57mo Risk Going Concern Flag No No ATM Offerings (dilution) 6 0 Daily Short Vol % 47.0% 62.1% Beta (1Y vs SPY) 0.62 — Government & Research Federal Awards Total — — Academic Citations 114K 3 Patents — — Quantum Technology Physical Qubits 12 98 Qubit Modality Logical GKP Qubits (Photonic / CV-QC) Physical Qubits (Trapped-Ion, All-to-All Connectivity) 2Q Gate Fidelity — 99.921% Cloud Platforms PennyLane (Open Source), Xanadu Quantum Cloud (partner access) Quantinuum Nexus, Azure Quantum, Amazon Braket Roadmap Target Fault-tolerant photonic quantum data center by 2028–2029; 500 logical qubits by 2029–2030 Universal fault-tolerant quantum computer; commercial quantum advantage by 2027 Company Founded 2016 2021 Headquarters Toronto, ON, Canada Broomfield, CO Employees — —
XNDU vs QNT FAQ Is XNDU or QNT the bigger company?
QNT is larger, with a market cap of $20.45B versus $3.53B for XNDU.
Which has the longer cash runway, XNDU or QNT?
XNDU's cash runway is — and QNT's is 57mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do XNDU and QNT use?
Xanadu (XNDU): Logical GKP Qubits (Photonic / CV-QC). Quantinuum (QNT): Physical Qubits (Trapped-Ion, All-to-All Connectivity). Qubit counts are not directly comparable across different modalities.
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