Horizon Quantum Holdings (HQ) Research & Development (2024 - 2026)
Horizon Quantum Holdings (HQ) posted Research & Development of $2.6 million for Q2 2026, up 22.82% on a QoQ basis from $2.1 million in Q1 2026, and up 116.64% year-over-year from $1.2 million in Q2 2025.
Analysis
Horizon Quantum Holdings (HQ) Research & Development (2024 - 2026) Analysis & Trends
Horizon Quantum Holdings has reported Research & Development for 3 years, with the latest figure at $2.6 million in Q2 2026.
- On a quarterly basis, Research & Development rose 116.64% year-over-year to $2.6 million in Q2 2026; TTM through Jun 2026 was $8.3 million, a 39.36% increase from a year earlier, with the FY2025 full-year figure at $10.7 million, up 209.3% from the prior year.
- Research & Development was $2.6 million for Q2 2026 at Horizon Quantum Holdings, up from $2.1 million in the prior quarter.
- The five-year high for Research & Development was $3.3 million in Q1 2025, with the low at $601962.0 in Q4 2024.
- Average Research & Development over 3 years is $1.7 million, with a median of $1.6 million recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Research & Development soared 163.39% in 2025, then plunged 35.91% in 2026.
- Over 3 years, Research & Development stood at $601962.0 in 2024, then soared by 163.39% to $1.6 million in 2025, then surged by 64.87% to $2.6 million in 2026.
- The last three Research & Development figures came in at $2.6 million (Q2 2026), $2.1 million (Q1 2026), and $1.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 10.45 Bn | 8.33 Bn | 19.94 Mn | 160.63 Mn |
| 2 | D-Wave Quantum | 6.60 Bn | 6.60 Bn | 1.70 Mn | 28.24 Mn |
| 3 | Rigetti Computing | 5.26 Bn | 5.26 Bn | 2.19 Mn | 20.73 Mn |
| 4 | Quantum Computing | 1.86 Bn | 1.86 Bn | -1.17 Mn | 8.43 Mn |
| 5 | Infleqtion | 1.48 Bn | 998.62 Mn | 2.17 Mn | 12.68 Mn |
| 6 | BTQ Technologies | 406.47 Mn | 406.47 Mn | - | 2.13 Mn |
| 7 | Quantum eMotion | 337.93 Mn | 337.93 Mn | - | 284,255.66 |
| 8 | Arqit Quantum | 310.37 Mn | 310.37 Mn | - | - |
| 9 | Horizon Quantum Holdings | 16.26 | -113.25 Mn | - | 2.61 Mn |
| 10 | Xanadu Quantum Technologies | 9.57 | -312.78 Mn | 1.38 Mn | 19.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.61 Mn |
| Mar 31, 2026 | 2.13 Mn |
| Dec 31, 2025 | 1.59 Mn |
| Sep 30, 2025 | 2.01 Mn |
| Jun 30, 2025 | 1.21 Mn |
| Mar 31, 2025 | 3.32 Mn |
| Dec 31, 2024 | 601,962.00 |
| Sep 30, 2024 | 853,734.00 |
| Jun 30, 2024 | 605,301.00 |