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Top Quantum Computing Stocks by Market Cap

All 12 publicly traded pure-play quantum computing companies on US exchanges, ranked by market capitalization. Market cap is computed from the latest share count in SEC filings times the live share price, so this list reorders itself as the market moves. Alongside size, the table shows what each valuation is resting on: latest fiscal-year revenue and how many months of cash the company has left at its current burn rate.

As of · market data updates live

Which quantum computing stocks have the largest market caps?

As of , the three largest tracked pure-play quantum stocks are IonQ (IONQ) at $15.03B, Quantinuum (QNT) at $10.92B and D-Wave Quantum (QBTS) at $5.43B.

Market cap = latest filing-backed shares outstanding × live market price. The full table below updates from the same sorted data.

Newly listed: Pasqal Holding SA (Nasdaq: PSQL) stock price and market cap — trading since August 28, 2026.

#CompanyMarket CapPrice1Y %Revenue (FY)Runway30D
1IonQ IONQTrapped-Ion$15.03B$39.45-49.1%$130.02M56mo
2Quantinuum QNTTrapped-Ion$10.92B$41.52—$30.93M113mo
3D-Wave Quantum QBTSQuantum Annealing$5.43B$14.60-58.4%$24.59M59mo
4Rigetti Computing RGTISuperconducting$4.72B$14.14-70.0%$7.09M78mo
5Infleqtion INFQNeutral Atom$2.51B$11.16—$31.11M281mo
6Quantum Computing Inc QUBTPhotonic$1.69B$7.45-65.1%$682.00K266mo
7IQM Quantum Computers IQMXSuperconducting$1.62B$10.17+0.2%$36.82M47mo
8Pasqal PSQLNeutral Atom$1.52B$7.18—$19.35M130mo
9Xanadu XNDUPhotonic$1.25B$4.12—$4.62M53mo
10Horizon Quantum HQQuantum Software$880.28M$16.31—$38.88K86mo
11BTQ Technologies BTQQuantum Security$403.31M$2.79-77.7%$230.19K5mo
12Arqit Quantum ARQQQuantum Security$305.59M$18.43-65.8%$530.00K8mo
13Quantum-Si QSIQuantum Biology$265.67M$1.22-29.9%$2.44M15mo

The companies, in order

1. IonQ (IONQ) — $15.03B

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 →

2. Quantinuum (QNT) — $10.92B

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 →

3. D-Wave Quantum (QBTS) — $5.43B

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 →

4. Rigetti Computing (RGTI) — $4.72B

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 →

5. Infleqtion (INFQ) — $2.51B

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 →

6. 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 →

7. IQM Quantum Computers (IQMX) — $1.62B

IQM Quantum Computers is Europe's largest quantum computing hardware company, building on-premises superconducting quantum computers for national labs, HPC centers and universities — 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 →

8. Pasqal (PSQL) — $1.52B

Pasqal builds neutral-atom quantum computers and cloud software for optimization, simulation, and AI workloads. Its systems operate in standard data centers and are deployed with industrial and high-performance-computing customers in Europe and Saudi Arabia.

PSQL live data, financials & filings →

9. 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 →

10. Horizon Quantum (HQ) — $880.28M

Horizon Quantum builds quantum software infrastructure — 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 →

11. BTQ Technologies (BTQ) — $403.31M

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 →

12. Arqit Quantum (ARQQ) — $305.59M

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 →

13. Quantum-Si (QSI) — $265.67M

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 →

Methodology: Market cap = shares outstanding (latest SEC filing, or company-reported for recent listings) × live price. Revenue is the latest fiscal year reported to SEC EDGAR. Cash runway = current cash ÷ trailing-twelve-month operating burn ("CF+" = cash-flow positive). 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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