XNDU
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares
NASDAQ: XNDU · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$27.90
+0.72% today
Updated 2026-04-29
Market cap
$10.51B
P/E ratio
—
P/S ratio
2,277.05x
EPS (TTM)
$-0.17
Dividend yield
—
52W range
$7 – $42
Volume
1.7M
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $2.48M | $1.59M | $4.62M |
| Revenue growth (YoY) | — | -35.9% | +190.6% |
| Cost of revenue | $605000.00 | $466000.00 | $361000.00 |
| Gross profit | $1.87M | $1.12M | $4.26M |
| Gross margin | 75.6% | 70.7% | 92.2% |
| R&D | $35.72M | $39.22M | $55.24M |
| SG&A | $6.03M | $6.86M | $16.61M |
| Operating income | $-41.70M | $-50.60M | $-3.45M |
| Operating margin | -1682.0% | -3184.1% | -74.7% |
| EBITDA | $-37.18M | $-44.91M | $-3.45M |
| EBITDA margin | -1499.8% | -2826.4% | -74.7% |
| EBIT | $-41.70M | $-50.60M | — |
| Interest expense | — | — | — |
| Income tax | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% |
| Net income | $-35.59M | $-45.97M | $4.92M |
| Net income growth (YoY) | — | -29.2% | +110.7% |
| Profit margin | -1435.7% | -2892.9% | 106.5% |