All 11 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 · updates with live market data
1. Quantinuum (QNT) — $21.69B
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 →2. IonQ (IONQ) — $18.24B
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 →3. D-Wave Quantum (QBTS) — $8.35B
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) — $5.97B
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. IQM Quantum Computers (IQMX) — $3.65B
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 →6. Xanadu (XNDU) — $3.51B
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 →7. Infleqtion (INFQ) — $2.69B
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 →8. Quantum Computing Inc (QUBT) — $2.11B
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 →9. Horizon Quantum (HQ) — $1.25B
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 →10. Arqit Quantum (ARQQ) — $366.92M
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 →11. Quantum-Si (QSI) — $207.31M
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 late 2026 commercial launch.
QSI live data, financials & filings →Methodology: Market cap = shares outstanding (latest SEC filing, or company-reported for recent listings) × live Yahoo Finance 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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