Horizon Quantum Holdings HQ
NASDAQ HQ
$16.14 +0.58 (+3.73%)
At close: Sep 8, 2026 · 4:00 PM EDT

Horizon Quantum Holdings (HQ) Operating Expenses (2024 - 2026)

Horizon Quantum Holdings (HQ) posted Operating Expenses of $7.2 million for Q2 2026, up 10.4% on a QoQ basis from $6.5 million in Q1 2026, and up 157.88% year-over-year from $2.8 million in Q2 2025.

Analysis

Horizon Quantum Holdings (HQ) Operating Expenses (2024 - 2026) Analysis & Trends

Horizon Quantum Holdings has reported Operating Expenses for 3 years, with the latest figure at $7.2 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 157.88% year-over-year to $7.2 million in Q2 2026; TTM through Jun 2026 was $23.1 million, a 108.44% increase from a year earlier, with the FY2025 full-year figure at $22.1 million, up 169.23% from the prior year.
  • Operating Expenses was $7.2 million for Q2 2026 at Horizon Quantum Holdings, up from $6.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $7.2 million in Q2 2026, with the low at $1.3 million in Q2 2024.
  • Average Operating Expenses over 3 years is $3.9 million, with a median of $4.6 million recorded in 2025.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 175.3% in 2025, then surged 37.72% in 2026.
  • Over 3 years, Operating Expenses stood at $1.8 million in 2024, then jumped by 151.47% to $4.6 million in 2025, then surged by 57.58% to $7.2 million in 2026.
  • The last three Operating Expenses figures came in at $7.2 million (Q2 2026), $6.5 million (Q1 2026), and $4.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 IonQ 10.45 Bn 8.33 Bn 19.94 Mn 417.29 Mn
2 D-Wave Quantum 6.60 Bn 6.60 Bn 1.70 Mn 54.98 Mn
3 Rigetti Computing 5.26 Bn 5.26 Bn 2.19 Mn 30.25 Mn
4 Quantum Computing 1.86 Bn 1.86 Bn -1.17 Mn 21.85 Mn
5 Infleqtion 1.48 Bn 998.62 Mn 2.17 Mn 32.49 Mn
6 BTQ Technologies 406.47 Mn 406.47 Mn - 13.24 Mn
7 Quantum eMotion 337.93 Mn 337.93 Mn - 3.43 Mn
8 Arqit Quantum 310.37 Mn 310.37 Mn - -
9 Horizon Quantum Holdings 16.26 -113.25 Mn - 7.18 Mn
10 Xanadu Quantum Technologies 9.57 -312.78 Mn 1.38 Mn 31.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.18 Mn
Mar 31, 2026 6.50 Mn
Dec 31, 2025 4.55 Mn
Sep 30, 2025 4.87 Mn
Jun 30, 2025 2.78 Mn
Mar 31, 2025 4.72 Mn
Dec 31, 2024 1.81 Mn
Sep 30, 2024 1.77 Mn
Jun 30, 2024 1.30 Mn