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Xanadu Quantum Technologies
Xanadu Quantum Technologies (XNDU) investor relations material
Xanadu Quantum Technologies Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary9 Apr, 2026
Executive summary
Completed public listing via business combination, raising $302M in gross proceeds to support technology roadmap and commercialization initiatives.
Introduced Aurora, the first modular, networked photonic quantum computer with real-time error correction.
Advanced to Stage B of DARPA's Quantum Benchmarking Initiative, unlocking up to $15M in U.S. government funds.
Selected for Canada's Quantum Champions Program, providing up to CAD $23M in additional funding.
Expanded PennyLane software adoption to 160,000 average monthly downloads, up 161% year-over-year.
Financial highlights
Revenue for 2025 was $4.6M, up 188% from $1.6M in 2024, driven by increased customer count and a large services contract.
Net loss for 2025 was $70.7M, compared to $46.0M in 2024, primarily due to higher R&D and business combination costs.
Loss per share for 2025 was $14.29, compared to $9.35 in 2024.
Cash and cash equivalents stood at $16.2M as of December 31, 2025, prior to the business combination proceeds.
Outlook and guidance
On track to deliver up to 500 logical qubits by 2029-2030, with fault-tolerant operations targeted for 2028.
Negotiating up to CAD $390M in additional government funding for Project OPTIMISM to expand domestic quantum manufacturing.
Anticipates continued scaling of quantum hardware and software platforms, leveraging new capital and partnerships.
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Latest events from Xanadu Quantum Technologies
Next Xanadu Quantum Technologies earnings date
Q1 202618 Jun, 2026
Xanadu Quantum Technologies
Next Xanadu Quantum Technologies earnings date
Q1 202618 Jun, 2026
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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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@ankurshah47_ x.com
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Amina0781App Store
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@theshortbearx.com
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