Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares XNDU · USD
US listing · 🇺🇸 United States
2.88
+7.87%
Close of 9 Nov 2026, in USD
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About Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares
Its shares trade under the ticker XNDU. It has been listed since 27 March 2026. In the fiscal year to 31 December 2025, it reported revenue of $4.6m and a net loss of $70.7m. At that date it held total assets of $310.8m and shareholders' equity of $296.7m.
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 enables integration with machine learning tools; and Catalyst for just-in-time compilation and optimization of quantum algorithms. It also provides users with access to documentation, guides, and community-led resources for quantum machine learning, quantum chemistry simulations, and other quantum computing applications, along with collaboration and support from a team of quantum experts. The company serves professional clients in the quantum computing, software development, and machine learning sectors, as well as advanced users in research and development, including those utilizing high-performance computing and quantum hardware. Xanadu Quantum Technologies Limited was incorporated in 2016 and is based in Toronto, Canada.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Listed since
- 27 Mar 2026
- Website
- xanadu.ai ↗
- Head office
- 777 BAY STREET, SUITE 2400, TORONTO, M5G 2C8
- Incorporated in
- A6
- Classification
- Electronic Computers
- Filer status
- <br>Emerging growth company
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Xanadu Quantum Technologies Limited offers photonic quantum computing technology with x-series cloud access.
- Pennylane enables quantum differentiable programming integration with machine learning tools.
- Catalyst provides just-in-time compilation for quantum algorithm optimization.
Weaknesses
- Xanadu Qu is listed on 27 March 2026 with Class B Subordinate Voting Shares.
- Toronto city location may limit access to US headquarters resources.
- US country presence faces competition from established quantum computing firms.
Opportunities
- Quantum computing sector growth in Information Technology presents expansion potential.
- High-performance computing users seek quantum hardware solutions in the US market.
- Research and development collaborations with universities enhance quantum applications.
Threats
- Quantum computing competition intensifies with new entrants in the US market.
- Regulatory changes in the Information Technology sector may affect quantum technology adoption.
- Advanced users in machine learning face evolving software development challenges.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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