Xanadu Quantum Technologies Limited (TSX:XNDU)
Canada · Delayed Price · Currency is CAD | Market Cap | 3.81B |
| Revenue (ttm) | 10.23M +144.4% |
| Net Income | -150.50M |
| EPS | -2.14 |
| Shares Out | 304.39M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 367,787 |
| Open | 13.27 |
| Previous Close | 13.20 |
| Day's Range | 12.51 - 13.30 |
| 52-Week Range | 9.75 - 57.00 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 5, 2026 |
About TSX:XNDU
Xanadu Quantum Technologies Limited develops and provides photonic quantum computing technology and related software solutions and applications, including cloud-based access to quantum computers and tools for quantum programming and simulation. The company provides access to photonic quantum computers through x-series devices available via the cloud, supporting programmable quantum gates and photon-number resolving detectors. It offers Pennylane, a cross-platform python library that enables a paradigm and quantum differentiable programming that... [Read more]
Financial Performance
In 2025, TSX:XNDU's revenue was $4.62 million, an increase of 190.56% compared to the previous year's $1.59 million. Losses were -$70.67 million, 53.7% more than in 2024.
Financial numbers in USD Financial StatementsNews
Quantum Leap: U.S. takes stake in more quantum computing companies
Welcome to the latest edition of “Quantum Leap” where The Fly decodes news and activity in the quantum computing space. LITHOGRAPHY PROCESSES: Xanadu Quantum (XNDU) and ASML (ASML) announced a…
Xanadu Quantum, ASML team to develop advanced lithography processes
Xanadu Quantum (XNDU) and ASML (ASML) announced a collaboration to develop advanced lithography processes for Xanadu’s photonic quantum hardware. This collaboration aims to enable both companies to ga...
Xanadu Stock Could Rally 230% as Analysts Back XNDU’s Quantum Roadmap
Xanadu Quantum Technologies ($XNDU) gave investors a more detailed roadmap toward fault-tolerant quantum computing, prompting bullish commentary from Canaccord Genuity and Northland Capital Markets. T...
Xanadu (XNDU) Targets Fault-Tolerant Quantum Computing by 2029 as Analysts See 160% Upside
Xanadu Quantum Technologies ($XNDU) laid out a new technology roadmap targeting fault-tolerant quantum computing in 2028–2029 and more than 1,000 logical qubits by 2031. For investors, the roadmap giv...
Xanadu Targets Fault-Tolerant Quantum Computing by 2029, 1,000 Logical Qubits by 2031
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...
Xanadu Quantum Technologies Transcript: Investor update
The roadmap targets over 1,000 logical qubits by 2031, with aggressive loss reduction and error rate goals supported by new manufacturing capabilities and strong government funding. PennyLane's broad adoption and hardware-agnostic design underpin a robust ecosystem, while commercialization focuses on cloud access, system sales, IP, and software.
Xanadu Quantum Technologies Press release: Investor update
Xanadu Quantum Technologies issued a press release on August 31, 2026, disclosing material business information to investors.
Xanadu Quantum Technologies Slides: Investor update
Xanadu Quantum Technologies has posted slides in relation to its latest quarterly earnings report, which was published on August 31, 2026.
Xanadu Charts Path to Over 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
Government of Canada Invests CAD $195 Million in Xanadu to Build the Quantum Supply Chain
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.
Xanadu Secures CAD $195 Million and Establishes Landmark Advanced Photonics Facility
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 land...
Canada to loan quantum startup Xanadu $140 million to build manufacturing plant
The Canadian government will loan C$195 million ($140.78 million) to Xanadu Quantum for setting up a plant that would make photonic components for quantum computers, in the country's largest ever sup...
UPDATE -- Canada-Japan Support Advances Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research
TORONTO, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (" Xanadu "; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, has announced the next phase of its collabo...
Xanadu (XNDU) Still Has $233 Million of Equity Capacity, Keeping Dilution Risk in Focus
Xanadu Quantum Technologies Limited ($XNDU) filed two prospectus supplements on August 21 that do not reveal a new deal or financing by themselves, but they do give investors a useful…
Xanadu Quantum announces next phase of collaboration with Mitsubishi Chemical
Xanadu Quantum (XNDU) has announced the next phase of its collaboration with Mitsubishi Chemical to advance semiconductor fabrication technologies using quantum computing algorithms. This next phase i...
Canada-Japan Funding Fuels Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research
TORONTO, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (" Xanadu "; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, has announced the next phase of its collabo...
Xanadu Announces Technological Roadmap Presentation
TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced that the company wil...
3 Quantum Computing Stocks With Over 70% Upside, According to Analysts
Quantum computing is still in its early stages, and companies such as Xanadu Quantum ($XNDU), Quantum Computing ($QUBT), and D-Wave Quantum ($QBTS) are drawing interest. These companies are building h...
Xanadu Quantum price target lowered to $34 from $45 at Canaccord
Canaccord lowered the firm’s price target on Xanadu Quantum (XNDU) to $34 from $45 and keeps a Buy rating on the shares. The firm noted they reported their second quarter…
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares Q2 Earnings Call Highlights
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares NASDAQ: XNDU reported second-quarter revenue of CAD 1.5 million, down from CAD 2.8 million in the first quarter but above CAD 1.1 ...
Xanadu Quantum Technologies Earnings Call Transcript: Q2 2026
Q2 saw advances in photonic chip packaging, expanded U.S. operations, and deepened industry partnerships. Revenue declined sequentially but rose year-over-year, with increased R&D and CapEx supporting growth. Cash position remains strong at CAD 312.8 million.
Xanadu Quantum Technologies Earnings release: Q2 2026
Xanadu Quantum Technologies released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Xanadu Announces Second Quarter 2026 Results
TORONTO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu" or the "Company") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced fin...
CIBC starts Xanadu Quantum into ‘catalyst-rich’ commercialization path
CIBC analyst Todd Coupland last night initiated coverage of Xanadu Quantum (XNDU) with an Outperformer rating and $22 price target Xanadu is one of the few public pure plays on…
Xanadu Quantum initiated with an Outperformer at CIBC
CIBC initiated coverage of Xanadu Quantum (XNDU) with an Outperformer rating and $22 price target