Xanadu builds photonic quantum computers that use light rather than superconducting circuits as the core technology. It develops quantum hardware and software, including cloud access to photonic systems and tools for programming quantum applications. The company targets research institutions, enterprises, and partners seeking scalable quantum computing based on photonics.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 0.7 | — | -10.8 | — |
| Q2 2025 | 1.1 | — | -15.1 | — |
| Q3 2025 | 0.7 | — | -14.6 | — |
| Q4 2025 | 1.4 | 97% | -17.4 | — |
| Q1 2026 | 2.8 | — | -20.6 | — |
| Q2 2026 | 1.5 | 43% | -42 | — |
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Other companies on Nasdaq: Structure Therapeutics Inc. (GPCR), Simmons First National Corporation (SFNC), Tarsus Pharmaceuticals, Inc. (TARS), IPG Photonics Corporation (IPGP), Ionic Digital Inc. (IOND), Fermi Inc. (FRMI)