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) 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

Historic Data

Download Data
DateValue
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