Quantum Industry — 2026-08-26
Published:
Generated: 2026-08-26 UTC. Prices and market caps are latest available Yahoo Finance data and are informational only — not investment advice.
Companies
Quantum-primary and quantum-adjacent publicly traded companies (quantum hardware, software, sensing, security, or quantum-enabled products as the core business). Diversified mega-caps with quantum divisions (Google, IBM, Microsoft, Amazon, etc.) are intentionally excluded.
| Ticker | Company | HQ | Focus | Last close | Market cap | Δ vs prev close | 30d |
|---|---|---|---|---|---|---|---|
| IONQ | IonQ | College Park, MD, USA | Trapped-ion quantum computers | $40.03 | $16.22B | -4.80% | |
| RGTI | Rigetti Computing | Berkeley, CA, USA | Superconducting quantum hardware | $15.94 | $5.32B | -5.90% | |
| QBTS | D-Wave Quantum | Burnaby, BC, Canada | Quantum annealing | $17.51 | $6.52B | -9.51% | |
| QUBT | Quantum Computing Inc. (QCI) | Hoboken, NJ, USA | Photonic / entropy quantum systems | $8.35 | $1.89B | -1.30% | |
| QNT | Quantinuum | Broomfield, CO, USA | Trapped-ion full-stack systems | $53.29 | $14.03B | -1.11% | |
| INFQ | Infleqtion | Louisville, CO, USA | Neutral-atom computing and sensing | $13.53 | $3.05B | -2.17% | |
| XNDU | Xanadu | Toronto, ON, Canada | Photonic quantum computers | $10.26 | $3.12B | -3.39% | |
| IQMX | IQM Quantum Computers | Espoo, Finland | Superconducting quantum computers | $10.99 | $5.21B | +2.71% | |
| ARQQ | Arqit Quantum | London, UK | Symmetric quantum-safe encryption | $20.36 | $354.3M | -0.29% | |
| QSI | Quantum-Si | Branford, CT, USA | Quantum-enabled protein sequencing | $0.79 | $173.0M | -6.66% | |
| LAES | SEALSQ | Geneva, Switzerland | Post-quantum secure semiconductors | $2.48 | $552.5M | -2.36% |
ETFs
Broad-basket exchange-traded funds that track quantum-computing and adjacent quantum-tech holdings.
| Ticker | Fund | Listing | Focus | Last close | Δ vs prev close | 30d |
|---|---|---|---|---|---|---|
| QTUM | Defiance Quantum ETF | USA | Broad quantum-computing ETF | $148.78 | -0.01% |
Investment estimates
Directional estimates for the broader quantum industry. These figures are not audited totals and should be read as a dated snapshot: public funding is mostly cumulative committed program funding, while private investment is reported as recent annual startup/VC flow.
Market and investment
| Scope | Government / public | Industry / private | Total / basis |
|---|---|---|---|
| Tracked public-company market cap | — | $56.44B | Sum of market caps available from Yahoo Finance for 11 tracked company rows; excludes ETFs, diversified mega-caps, private companies, and rows with missing metadata. |
| Public-program commitments | $56.70B | — | QED-C State of the Global Quantum Industry 2026 estimate of cumulative public quantum R&I commitments through the end of 2025. |
| 2025 startup investment flow | $300.0M | $12.30B | $12.60B total; McKinsey/PitchBook estimate, with 3% public/institutional and the rest private. |
| 2025 private VC cross-check | — | $4.90B | QED-C’s narrower private venture-capital estimate for 2025; useful as a conservative lower bound against broader startup-investment totals. |
Workforce estimate
Modeled from QED-C’s 2025 pure-play quantum workforce estimate and the 2026 EPJ Quantum Technology job-posting study’s degree/role mix. Treat this as a role-allocation estimate, not a census.
| Segment | Estimated employees | Basis |
|---|---|---|
| Technical — PhD | ~5,600 | Applies the study’s roughly one-third PhD-heavy job mix to the pure-play workforce total. |
| Technical — no PhD | ~9,400 | Bachelor/master, internship, technician, engineering, IT, and part of unspecified technical roles. |
| Non-technical | ~1,500 | Residual commercial, operations, finance, HR, marketing, and communications roles. |
| Total pure-play workforce | ~16,500 | QED-C State of the Global Quantum Industry 2026 estimate for the end of 2025. |
Sources: QED-C State of the Global Quantum Industry 2026, McKinsey Quantum Technology Monitor 2026, McKinsey quantum investment chart, Goorney et al., EPJ Quantum Technology 2026.
Diversified-company quantum estimates
Directional estimate for quantum programs inside large companies whose overall business is not primarily quantum. Most of these companies do not report quantum-specific headcount or spending as a standalone line item, so ranges are modeled from disclosed commitments, visible program scope, labs/facilities, cloud-service support, and typical loaded cost for hardware-heavy research teams.
| Program | Estimated dedicated workforce | Estimated company spend | Known public support | Basis |
|---|---|---|---|---|
| IBM Quantum (IBM) | ~600-1,100 | $2.00B-$2.50B/yr | $1.00B | IBM disclosed more than $10B over five years for quantum; NIST announced $1B in planned IBM foundry support. |
| Google Quantum AI (Alphabet) | ~300-700 | $150.0M-$500.0M/yr | — | Hardware, theory, cloud, neutral-atom expansion, Atlantic Quantum acquisition, plus $60M+ in named external commitments. |
| Microsoft Quantum / Azure Quantum | ~300-700 | $150.0M-$500.0M/yr | — | Two-decade hardware/software program, largest quantum site in Denmark, Azure Quantum, and topological-qubit roadmap. |
| AWS Braket / AWS Center for Quantum Computing | ~150-400 | $75.0M-$250.0M/yr | — | Amazon Braket, Quantum Solutions Lab, Caltech hardware center, and partner-hardware cloud access. |
| Intel Quantum / Intel Labs | ~75-250 | $50.0M-$200.0M/yr | — | Silicon spin-qubit hardware, Tunnel Falls chips, quantum SDK, and full-stack commercial-system roadmap. |
| NVIDIA quantum platform / NVAQC | ~100-300 | $75.0M-$250.0M/yr | — | CUDA-Q, cuQuantum, NVQLink, Quantum Cloud, and NVAQC research center with dedicated Blackwell GPU infrastructure. |
| GlobalFoundries quantum foundry work | ~50-150 | $50.0M-$200.0M/yr | $375.0M | Diversified semiconductor supplier; NIST announced $375M in planned quantum-foundry support. |
| Visible-program subtotal | ~1,575-3,600 | $2.55B-$4.40B/yr | $1.38B | Sum of listed ranges only; excludes broad PQC migration work, ordinary cloud/HPC staff, supplier labor, university collaborators, and undisclosed programs. |
Interpretation: the visible non-pure-play footprint is probably on the order of a few thousand mostly technical employees and roughly $2.5B-$4.4B per year in company-funded quantum activity, dominated by IBM’s newly disclosed multi-year commitment. Known public support in this table is planned incentive funding, not necessarily obligated or outlaid cash.
Sources: IBM $10B quantum commitment, NIST CHIPS quantum LOIs, Google Chicago/Tokyo partnership, Google REPLIQA, Google neutral atoms, Google/Atlantic Quantum, Microsoft quantum testimony, Microsoft Denmark quantum lab, AWS Braket/CQC/QSL announcement, Intel Tunnel Falls, NVIDIA NVAQC, NVIDIA NVAQC GPU details.
Leaderboard (1-day move)
- IQM Quantum Computers (IQMX) — +2.71%
- D-Wave Quantum (QBTS) — -9.51%
- Quantum-Si (QSI) — -6.66%
- Rigetti Computing (RGTI) — -5.90%
- IonQ (IONQ) — -4.80%
- Xanadu (XNDU) — -3.39%