Horizon Quantum Holdings (HQ) Research & Development (2024 - 2025)
Horizon Quantum Holdings (HQ) posted quarterly Research & Development of -$5.0 million for Q4 2025, down 922.71% year-over-year from $601962.0 in Q4 2024, and down 346.35% quarter-over-quarter from $2.0 million in Q3 2025.
Horizon Quantum Holdings (HQ) Research & Development (2024 - 2025) Analysis & Trends
Horizon Quantum Holdings' Research & Development history runs 2 years deep, the most recent figure standing at -$5.0 million for Q4 2025.
- In Q4 2025, Research & Development fell 922.71% year-over-year to -$5.0 million; the TTM figure through Dec 2025 stood at $1.6 million (down 38.35% YoY), while the FY2025 annual figure was $1.6 million, up 163.39% from the prior year.
- Research & Development for Q4 2025 stood at -$5.0 million, down from $2.0 million in the prior quarter.
- The five-year high for Research & Development was $3.3 million in Q1 2025, with the low at -$5.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Horizon Quantum Holdings | 16.93 | -222.94 Bn | - | -4.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -4.95 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 |
| Mar 31, 2024 | 510,855.00 |