Horizon Quantum
Builds Triple Alpha software for hardware-agnostic quantum programs.
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Profile
Develops Triple Alpha, a development environment for writing, compiling, optimizing, and deploying quantum programs across processors and simulators. Its software-first model is paired with a Singapore hardware testbed for hardware-software integration.
Triple Alpha is a development environment for building quantum programs at multiple abstraction levels. It supports compilation, optimization, deployment, and access across quantum processors and simulators, with the aim of keeping applications portable across hardware platforms. The system spans different computing abstractions.
Operations are based in Singapore, with an office in Dublin. A Singapore hardware testbed, established after assembling and integrating a quantum computer, is used to tighten hardware-software integration. The platform depends on maintaining effective integrations as hardware platforms, standards, and customer requirements evolve; hardware providers may favor proprietary software stacks.
Company facts
Categories
Key statistics
Year to date +30.6% · Average volume (30d) 298.7K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | −$0.09 | −$0.13 | −44.4% | — | — | — | +10.59% |
| Jun 3, 2026Q1 FY26 | −$0.11 | −$0.11 | 0.0% | — | — | — | −5.40% |
| May 21, 2026Q1 FY26 | — | $0.67 | — | — | — | — | +15.93% |
| May 5, 2026Q1 FY26 | — | −$0.09 | — | — | — | — | +7.33% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $39.2K | $0 | $0 | $0 | $0 | |
| Gross profit | $0 | $39.2K | $0 | $0 | $0 | $0 | |
| Operating income | −$5.0M | −$3.1M | −$2.0M | −$1.2M | −$6.6M | −$5.6M | |
| Net income | −$5.1M | −$3.2M | −$943.8K | −$6.0M | −$3.6M | −$90.4M | |
| Diluted EPS | −$1.30 | −$0.82 | −$0.24 | −$1.53 | −$0.92 | −$23.08 | |
| Gross margin | — | 100.0% | — | — | — | — | |
| Operating margin | — | -7,793.6% | — | — | — | — |
Fiscal years (4-quarter sums)FY22 $0 · FY23 $0 · FY24 $0 · FY25 $39.2K
Balance sheet, Jun 30, 2026Cash & short-term investments $114.8M · Total debt $372.7K · Total assets $126.1M · Shareholders' equity $44.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 53.97M · Float 5.85M · 10.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Joseph Francis Fitzsimons · director, 10 percent owner, officer: Chief Executive Officer | 19.74M | 36.58% | Form 4 | Mar 24, 2026 |
| Peak XV Partners Seed Investment | 6.47M | 20.30% | 13D | Jul 9, 2026 |
| Sequoia Capital India Operations Ii, LLC | 6.35M | 11.77% | 13F | Aug 14, 2026 |
| Defiance Etfs, LLC | 5.58M | 10.34% | 13F | Aug 14, 2026 |
| Penserra Capital Management LLC | 5.47M | 10.13% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 19, 2026 | Danielle Lambert | director | +84,602 |
Peers
- IBM
Quantum SDK and execution stack spanning multiple hardware backends
- Microsoft
Cloud quantum platform with a multi-language development kit
- Amazon
Cloud service unifying quantum computers and simulators for developers
- IonQ
Trapped-ion quantum cloud with SDK integrations and proprietary compilation
- Rigetti Computing
Quantum cloud platform with Quil tools, compilation, simulation, and QPUs
- D-Wave Quantum
Quantum cloud platform with hybrid solvers and developer access
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Horizon Quantum | $15.11 | −1.10% | $819.3M | — | — | — | — |
| IBM | $235.80 | +0.10% | $221.96B | 20.8 | 18.4 | 3.2 | +1.1% |
| Microsoft | $513.06 | −0.06% | $3.81T | 28.6 | 26.2 | 11.5 | +17.8% |
| Amazon | $266.10 | −0.11% | $2.87T | 21.4 | 28.5 | 3.7 | +19.6% |
| IonQ | $39.41 | +0.56% | $14.63B | — | — | 59.4 | +286.8% |
| Rigetti Computing | $15.68 | +0.51% | $5.18B | — | — | 388.1 | +185.3% |
| D-Wave Quantum | $17.01 | +0.03% | $6.25B | — | — | 502.6 | −0.6% |
| Median | 21.4 | 26.2 | 35.4 | +18.7% |