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Photonic Quantum Computing Stocks

Photonic quantum computers encode information in particles of light, which means most of the machine can run at room temperature and lean on existing telecom and silicon-photonics manufacturing. It is also the approach of PsiQuantum, the best-funded private company in the sector. These are the public pure plays building photonic quantum hardware, ranked by market cap.

As of · market data updates live

PsiQuantum is the best-funded private photonic company in the sector. See its 2026 IPO status, funding, and private-company profile.

Which listed photonic quantum stocks lead by market cap?

As of , the leading listed photonic stocks are Quantum Computing Inc (QUBT): $7.45 per share and $1.69B market cap; Xanadu (XNDU): $4.12 per share and $1.25B market cap. This answer follows the live photonic filter and market-cap order below. PsiQuantum is private and has no publicly traded stock in this ranking.

#CompanyMarket CapPriceRevenue (FY)1Y %Runway30D
1Quantum Computing Inc QUBTPhotonic$1.69B$7.45$682.00K-65.1%266mo
2Xanadu XNDUPhotonic$1.25B$4.12$4.62M—53mo

The companies, in order

1. Quantum Computing Inc (QUBT) — $1.69B

Quantum Computing Inc develops photonic quantum processors and reservoir quantum computing systems. Its Dirac series uses Entropy Quantum Computing (EQC) for constrained optimization, and its Neurawave product applies photonic reservoir computing to edge AI inference.

QUBT live data, financials & filings →

2. Xanadu (XNDU) — $1.25B

Xanadu is a photonic quantum computing company developing room-temperature, light-based quantum computers and open-source quantum software. Its Aurora system (Jan 2025) is the world's first scalable modular photonic quantum computer. PennyLane is the leading open-source quantum ML library.

XNDU live data, financials & filings →

Methodology: Includes US-listed pure-play quantum companies whose primary hardware modality is photonic. Pre-IPO photonic companies (PsiQuantum) appear in our private-company profiles, not in this ranking. Covers the US-listed pure-play quantum universe tracked by this site. Full metric definitions on the methodology page. Not investment advice.

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