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 | 316.55 Bn | 301.63 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn | -2.26% |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn | 33.66% |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn | -17.00% |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn | 0.49% |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn | 13.29% |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn | 5.17% |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn | 9.66% |
| 10 | Xanadu Quantum Technologies | 4.77 | -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 | -1,084.69% |
| 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();