Xanadu Quantum Technologies Limited (TSX:XNDU)

Canada flag Canada · Delayed Price · Currency is CAD
15.11
-0.38 (-2.45%)
At close: Jul 31, 2026
Market Cap4.62B
Revenue (ttm)9.42M +223.0%
Net Income-110.37M
EPS-12.07
Shares Out 298.51M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume110,209
Open15.60
Previous Close15.49
Day's Range14.97 - 15.82
52-Week Range9.75 - 57.00
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateAug 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]

Sector Technology
Founded 2016
Employees 264
Stock Exchange Toronto Stock Exchange
Ticker Symbol XNDU
Full Company Profile

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 Statements

News

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…

2 days ago - TheFly

Xanadu Quantum initiated with an Outperformer at CIBC

CIBC initiated coverage of Xanadu Quantum (XNDU) with an Outperformer rating and $22 price target

3 days ago - TheFly

3 Quantum Stocks With Over 100% Upside Potential, According to Analysts

Analysts see big upside potential in some quantum computing stocks. Three companies that stand out currently are Xanadu Quantum Technologies ($XNDU), Rigetti Computing ($RGTI), and Quantum Computing I...

6 days ago - TipRanks

Why Horizon Quantum (HQ) Stock Fell 12% While Xanadu Quantum(XNDU) Stock Surged 8%

Horizon Quantum Holdings Ltd. ($HQ), a developer of software tools for quantum computers, fell 12.15% on Monday, while Xanadu Quantum Technologies Limited ($XNDU), another pure-play quantum stock, gai...

10 days ago - TipRanks

Xanadu to Report Second Quarter 2026 Financial Results on August 5th, 2026

TORONTO, July 15, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced that the company wil...

16 days ago - GlobeNewsWire

XNDU Stock Rebounds as Xanadu Expands Quantum Partnership with Lockheed Martin

Xanadu Quantum Technologies Limited ($XNDU), a photonic quantum computing company, is expanding its relationship with Lockheed Martin Corporation ($LMT) through a new workforce training initiative foc...

17 days ago - TipRanks

Xanadu Quantum, Lockheed Martin announce new quantum training effort

Xanadu Quantum (XNDU) and Lockheed Martin (LMT) announced a new strategic effort to scale quantum training and workforce development through Lockheed Martin’s Quantum Talent Pipeline program. Building...

17 days ago - TheFly

Xanadu and Lockheed Martin Expand Quantum Talent Pipeline

TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (“ Xanadu ”; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, and Lockheed Martin (NYSE: LMT), a global s...

17 days ago - GlobeNewsWire

Why Quantum Computing Stocks Are Rising Despite Today’s Tech Weakness

Shares of quantum computing firms IonQ ($IONQ), Rigetti Computing ($RGTI), D-Wave Quantum ($QBTS), and Xanadu ($XNDU) are trading higher in pre-market despite weakness across the broader technology se...

21 days ago - TipRanks

Xanadu Quantum expects U.S.-based workforce to increase significantly

Xanadu Quantum (XNDU) announced an expansion of its U.S. operations, anchored by its growing presence in Albany, New York. Xanadu has also scaled up operations across the U.S., with growth…

22 days ago - TheFly

XNDU Stock Falls as Israel Englander’s Millennium Briefly Crosses 5% Xanadu Quantum Stake

Xanadu Quantum Technologies Limited ($XNDU), a Canada-based quantum computing company, drew fresh institutional attention after a Schedule 13G filing showed that Millennium Management briefly crossed ...

4 weeks ago - TipRanks

Why Xanadu Quantum Technologies Stock Slipped 10% This Week

Xanadu Quantum shareholders are selling, along with the company's common stock offering, which is driving down the stock. The stock went on a massive run after its SPAC merger earlier this year.

4 weeks ago - The Motley Fool

Xanadu Quantum vs. IonQ: The Better Quantum Computing Stock Buy for 2026

Xanadu is a newcomer to Wall Street, while IonQ has been public since 2021. Xanadu uses light particles, called photons, to power its quantum computers.

6 weeks ago - The Motley Fool

Quantum Computing Investing Gets an Important Refresh

There was a time when the quantum computing investment thesis was more hype than anything. That was enough to tempt some retail investors for a while.

7 weeks ago - ETF Trends

Xanadu sets new industry benchmark in photonic chip packaging

TORONTO, June 10, 2026 /PRNewswire/ - Xanadu Quantum Technologies Limited ("Xanadu") (Nasdaq: XNDU) (TSX: XNDU) today announced a new accomplishment in ultra-low loss photonic chip packaging, achievin...

7 weeks ago - PRNewsWire

Xanadu (XNDU) Stock Drops 13% as $300 Million Equity Facility Raises Dilution Concerns

Xanadu Quantum Technologies ($XNDU), a Canadian quantum computing company developing photonic quantum hardware and software, has cleared an important SEC step tied to a potential $300 million equity f...

2 months ago - TipRanks

Can Xanadu’s (XNDU) Borealis Quantum Breakthrough Become a Real Revenue Driver?

Xanadu ($XNDU), a Canadian quantum computing company focused on photonic quantum technology, has taken another step toward proving that its approach can scale. The company said its Borealis quantum co...

2 months ago - TipRanks

Why Xanadu Quantum Technologies Stock Is Soaring This Week

The U.S. government announced about $2 billion in awards for American quantum computing companies. Xanadu's CEO posted on LinkedIn that the company may receive almost $400 million in funding.

2 months ago - The Motley Fool

Why Xanadu Quantum (XNDU) Surged 17% after Its S-8 Filing While RGTI, QBTS, IONQ, and HQ Fell

Xanadu Quantum Technologies Limited ($XNDU) jumped 17.5% yesterday, breaking away from a weak day for quantum computing stocks. Rigetti Computing Inc. ($RGTI), D-Wave Quantum Inc. ($QBTS), IonQ Inc. (...

2 months ago - TipRanks

Xanadu Quantum Technologies Registration statement: Registration filing

Xanadu Quantum Technologies filed a registration statement on May 22, 2026, providing details about a securities offering with the SEC.

2 months ago - Filings

Xanadu Quantum files to sell 30.1M Class B subordinate voting shares for holders

06:11 EDT Xanadu Quantum (XNDU) files to sell 30.1M Class B subordinate voting shares for holders

2 months ago - TheFly

Xanadu in final talks with Canada for up to $390M, CEO says

Xanadu Quantum (XNDU) CEO Christian Weedbrook said on LinkedIn, “Great announcement for the whole of the quantum computing industry today with the US government investment! Xanadu is also excited to…

2 months ago - TheFly

Xanadu breakthrough lowers the cost of quantum applications

TORONTO, May 21, 2026 /PRNewswire/ - Xanadu Quantum Technologies Limited ("Xanadu") (Nasdaq: XNDU) (TSX: XNDU) today announced an algorithmic breakthrough in Quantum Read-Only Memory (QROM), a vital c...

2 months ago - PRNewsWire

Xanadu Announces $300 Million Synthetic At-The-Market Program

TORONTO, May 21, 2026 /PRNewswire/ - Xanadu Quantum Technologies Limited ("Xanadu" or the "Company"; (Nasdaq: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced that it h...

2 months ago - PRNewsWire

Xanadu Stock Drops after Q1 Earnings, but Analysts See Big Upside for XNDU

Xanadu Quantum Technologies Inc. ($XNDU) is a photonic quantum computing company that uses light to build quantum systems. The company’s first Q1 report as a public firm showed solid top-line…

2 months ago - TipRanks