
IonQ, Xanadu and D-Wave gain attention as October deals, manufacturing partnerships and product initiatives offer fresh catalysts for quantum commercialization.
Xanadu Quantum Technologies Limited is at the forefront of the quantum computing revolution, specializing in the development and commercialization of advanced quantum technologies based on superconducting qubits. The company’s pioneering solutions are designed to tackle intricate computational challenges in diverse sectors such as finance, pharmaceuticals, and materials science. With a robust commitment to research and development, Xanadu is well-positioned to capitalize on the surging global demand for quantum computing solutions. Institutional investors looking for exposure to a transformative technology space will find its Class B Subordinate Voting Shares an attractive opportunity in a rapidly evolving market.
| Revenue (TTM) | $7.21M |
| Gross Profit (TTM) | $6.71M |
| EBITDA | $-87.72M |
| Operating Margin | -1985.00% |
| Return on Equity | -56.40% |
| Return on Assets | -24.40% |
| Revenue/Share (TTM) | $0.10 |
| Book Value | $1.03 |
| Price-to-Book | 5.18 |
| Price-to-Sales (TTM) | 128.43 |
| EV/Revenue | 230.51 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 43.00% |
| Shares Outstanding | $55.66M |
| Float | $24.14M |
| % Insiders | 24.09% |
| % Institutions | 59.76% |
Volatility is currently expanding

IonQ, Xanadu and D-Wave gain attention as October deals, manufacturing partnerships and product initiatives offer fresh catalysts for quantum commercialization.

Xanadu Quantum Technologies and GlobalFoundries strike a multiyear partnership to build quantum hardware components.

Xanadu completed a business combination with Crane Harbor Acquisition Corp. in March 2026. Xanadu announced collaborations with ASML and AMD.

TORONTO, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (“ Xanadu ”; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, today announced that Rafal Janik, Xanadu's Chief Operating Officer, has entered into an automatic securities disposition plan (the “Plan”) to sell Class B Subordinate Voting Shares of Xanadu ("Class B Shares") held directly by Mr. Janik. The Plan has been adopted in accordance with applicable securities laws and Xanadu's internal policies. Sales of Class B Shares under the Plan are eligible to commence on or after December 29, 2026.

Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) is trending Friday after shares plunged earlier this week when the company's standard 180-day post-IPO lockup period expired, freeing a large block of shares for trading, coinciding with a disclosed stock sale by CEO Christian Weedbrook.

Provides information in connection with early warning requirements under applicable Canadian securities laws. Provides information in connection with early warning requirements under applicable Canadian securities laws.

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares NASDAQ: XNDU outlined a technology roadmap targeting fault-tolerant quantum computing in 2028-2029, construction of a quantum data center beginning around 2029-2030, and more than 1,000 logical qubits by 2031.

Details milestone-driven technical roadmap to a quantum data center and PennyLane software strategy Details milestone-driven technical roadmap to a quantum data center and PennyLane software strategy

Federal commitment through the Strategic Response Fund for Project OPTIMISM anchors Xanadu's plan to manufacture the components of fault-tolerant utility-scale quantum computers in Canada.

TORONTO, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu"; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, announced today that it will establish a landmark advanced photonics research, development, and manufacturing facility as part of Project OPTIMISM, supported by CAD $195 million in federal government funding also announced today. The new facility, named "Inception," is expected to feature world-class technology to enable scalable production of the components that will power future quantum data centres. We believe this work will revolutionize quantum infrastructure and strengthen Canada's position as a global leader in the field.
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