Xanadu Quantum Technologies (XNDU) Operating Margin (2024 - 2026)
Xanadu Quantum Technologies (XNDU) recorded Operating Margin of -1984.84% in Q2 2026, down 516.25 percentage points from -1468.59% a year earlier and down 1163.27 percentage points from the prior quarter.
Xanadu Quantum Technologies (XNDU) Operating Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Xanadu Quantum Technologies' Operating Margin came in at -1225.00% as of Jun 30, 2026; for FY2025, it was -1501.45%, up 1682.69 percentage points from FY2024.
- Across earlier years, Operating Margin came in at -3184.14% in FY2024 (-1502.13 pp) and -1682.01% in FY2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 267.27 Bn | 252.34 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 242.02 Bn | 222.42 Bn | 1.10 Bn | -2.26% |
| 3 | Fortinet | 127.05 Bn | 112.98 Bn | 1.64 Bn | 33.66% |
| 4 | Snowflake | 109.20 Bn | 96.51 Bn | 1.04 Bn | -17.00% |
| 5 | Datadog | 92.13 Bn | 73.77 Bn | 881.34 Mn | 0.49% |
| 6 | Zscaler | 38.01 Bn | 24.13 Bn | - | - |
| 7 | Okta | 35.02 Bn | 25.11 Bn | 641.00 Mn | 13.29% |
| 8 | Axon Enterprise | 33.30 Bn | 27.82 Bn | 546.45 Mn | 5.17% |
| 9 | MongoDB | 29.07 Bn | 19.53 Bn | 569.77 Mn | 3.68% |
| 10 | Xanadu Quantum Technologies | 2.69 | -679.03 Mn | 1.38 Mn | -1,984.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1,984.84% |
| Mar 31, 2026 | -821.57% |
| Dec 31, 2025 | -0.64% |
| Jun 30, 2025 | -1,468.59% |
| Mar 31, 2025 | -1,826.18% |
| Dec 31, 2024 | -1,650.63% |
Xanadu Quantum Technologies Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=XNDU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "XNDU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=XNDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();