Quantum Market Cap
โ† Rankings

Quantum Computing Stocks by Revenue

Quantum computing valuations run far ahead of revenue โ€” this list shows which companies are actually converting the technology into sales today. Every pure-play quantum stock is ranked by its latest fiscal-year revenue as reported to SEC EDGAR, with year-over-year growth and market cap alongside so you can see how much investors are paying per dollar of real business.

As of ยท market data updates live

#CompanyRevenue (latest FY)Rev YoYMarket CapRunway30D
1IonQ IONQTrapped-Ion$130.02M+201.9%$15.65B56mo
2IQM Quantum Computers IQMXSuperconducting$36.82M+90.6%$1.67B47mo
3Infleqtion INFQNeutral Atom$32.46M+12.6%$2.93B281mo
4Quantinuum QNTTrapped-Ion$30.93M+34.6%$13.69B113mo
5D-Wave Quantum QBTSQuantum Annealing$24.59M+178.5%$6.95B59mo
6Rigetti Computing RGTISuperconducting$7.09M-34.3%$5.46B78mo
7Xanadu XNDUPhotonic$4.62M+190.6%$3.18B53mo
8Quantum-Si QSIQuantum Biology$2.44M-20.3%$167.46M15mo
9Quantum Computing Inc QUBTPhotonic$682.00K+82.8%$1.87B266mo
10Arqit Quantum ARQQQuantum Security$530.00K+80.9%$333.77M8mo
11BTQ Technologies BTQQuantum Security$230.19K-52.7%$475.59M5mo
12Horizon Quantum HQQuantum Software$38.88Kโ€”$1.05B86mo

The companies, in order

1. IonQ (IONQ) โ€” $130.02M

IonQ develops trapped-ion quantum computers accessible via cloud through AWS Braket, Azure Quantum, and Google Cloud. The company builds full-stack quantum hardware and software targeting fault-tolerant quantum computing.

IONQ live data, financials & filings โ†’

2. IQM Quantum Computers (IQMX) โ€” $36.82M

IQM Quantum Computers is Europe's largest quantum computing hardware company, building on-premises superconducting quantum computers for national labs, HPC centers and universities โ€” with systems delivered across Finland, Germany, Spain, Poland, South Korea, Taiwan and beyond. It operates its own chip fabrication facility in Espoo, Finland.

IQMX live data, financials & filings โ†’

3. Infleqtion (INFQ) โ€” $32.46M

Infleqtion (formerly ColdQuanta) designs and builds quantum computers, precision sensors, and quantum software using cold atom and neutral atom technology. Its Sqale quantum computer has been commercially deployed at the UK National Quantum Computing Centre.

INFQ live data, financials & filings โ†’

4. Quantinuum (QNT) โ€” $30.93M

Quantinuum develops trapped-ion quantum computers and quantum software, spun out of Honeywell in 2021. Its H-Series and Helios systems hold world records in gate fidelity and quantum volume. Software platforms include InQuanto (quantum chemistry), Quantum Origin (cybersecurity entropy), and lambeq (quantum NLP/AI). IPO: Nasdaq June 2026.

QNT live data, financials & filings โ†’

5. D-Wave Quantum (QBTS) โ€” $24.59M

D-Wave is the world's first commercial quantum computing company, specializing in quantum annealing technology for optimization problems. Its systems are used in logistics, finance, and drug discovery.

QBTS live data, financials & filings โ†’

6. Rigetti Computing (RGTI) โ€” $7.09M

Rigetti Computing is a full-stack quantum-classical computing company using superconducting qubits. It fabricates its own chips at Fab-1 and provides cloud access through Quantum Cloud Services (QCS).

RGTI live data, financials & filings โ†’

7. Xanadu (XNDU) โ€” $4.62M

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 โ†’

8. Quantum-Si (QSI) โ€” $2.44M

Quantum-Si is building a semiconductor chip-based platform for single-molecule protein sequencing using quantum-detection technology. Its Platinum Pro system targets proteomics research; next-gen Proteus instrument targets Q2 2027 commercial launch.

QSI live data, financials & filings โ†’

9. Quantum Computing Inc (QUBT) โ€” $682.00K

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 โ†’

10. Arqit Quantum (ARQQ) โ€” $530.00K

Arqit provides quantum-safe encryption-as-a-service via its SKA-Platform, delivering symmetric key agreements resistant to both current and future quantum computer attacks, protecting governments and enterprises.

ARQQ live data, financials & filings โ†’

11. BTQ Technologies (BTQ) โ€” $230.19K

BTQ Technologies develops post-quantum security hardware and networks and owns QPerfect, the Strasbourg quantum-software company behind the MIMIQ emulator, hardware-accurate digital twins, and the QLU fault-tolerant control layer for neutral-atom systems.

BTQ live data, financials & filings โ†’

12. Horizon Quantum (HQ) โ€” $38.88K

Horizon Quantum builds quantum software infrastructure โ€” compilers, development tools, and hardware-agnostic abstraction layers. Its Triple Alpha IDE and Helium language translate classical C/Python code into quantum-accelerated applications. Operates Singapore's first commercially deployed quantum computer as a software testbed.

HQ live data, financials & filings โ†’

Methodology: Revenue is the most recent fiscal year with reported revenue in SEC EDGAR annual filings (10-K/20-F). Companies that listed recently and have not yet filed an annual report are excluded until their first filing lands. YoY growth compares that fiscal year to the prior one. 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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