Xanadu Quantum Technologies (XNDU)
Develops light-based quantum hardware alongside the open-source PennyLane programming platform.
$5.92
After-hours close+0.15 (+2.68%)
At close$5.77(−21.78%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 0 | 1 | 1 | 2 | 2 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 0 | 0 | 0 | 1 | 1 | 2 | 1 |
| 8 | 9 | 0 | 15 | 16 | 18 | 32 | |
| Research & development | 6 | 6 | 0 | 11 | 12 | 12 | 20 |
| 1 | 1 | 0 | 3 | 5 | 8 | 12 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| General & administrative | 1 | 1 | 0 | 3 | 5 | 7 | 11 |
| Other expenses | 1 | 1 | 0 | 1 | −2 | −2 | 0 |
| Operating income | −8 | −8 | 0 | −15 | −14 | −17 | −30 |
| 1 | 1 | 1 | 0 | −2 | 2 | −12 | |
| Interest income | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Other non-operating income | −1 | −1 | −1 | 0 | 2 | −2 | 0 |
| Income before tax | −7 | −8 | 1 | −14 | −16 | −15 | −42 |
| Net income from continuing operations | −7 | −8 | 1 | −14 | −16 | −15 | −42 |
| Net income | −7 | −8 | 1 | −14 | −16 | −15 | −42 |
| EPS, basic | −$0.02 | $0.00 | $0.04 | −$0.48 | −$0.55 | −$0.49 | −$1.41 |
| EPS, diluted | −$0.02 | $0.00 | $0.04 | −$0.48 | −$0.55 | −$0.49 | −$1.41 |
| Weighted average shares, basic | 298 | 298 | 30 | 30 | 30 | 30 | 30 |
| Weighted average shares, diluted | 298 | 298 | 30 | 30 | 30 | 30 | 30 |
| EBITDA | −7 | −7 | 1 | −13 | −15 | −13 | −28 |
| Depreciation & amortization | 1 | 1 | 0 | 1 | 1 | 1 | 2 |
| EBIT | −7 | −8 | 1 | −14 | −16 | −15 | −30 |