ARQQ vs IBM
Side-by-side quantum stock comparison: market cap, share price, classification, and thesis.
Market cap, head to head
Stat-by-stat
| Metric | ARQQ | IBM |
|---|---|---|
| Type | Pure-play | Diversified |
| Segment | Software | Hardware + Software |
| Exchange | NASDAQ | NYSE |
| Country | GB | US |
| Market cap | $332.04M | $270.27B |
| Share price | $19.08 | $287.56 |
| Employees | 82 | 270,300 |
| Sector | Technology | Technology |
| Industry | Software - Infrastructure | Information Technology Services |
Quantum thesis
Arqit sells symmetric-key encryption software designed to be resilient against future quantum attacks. It is not a quantum computer company; it is a post-quantum cryptography company whose product addresses the security threat that scalable quantum computing would create. Read Arqit as a security thesis adjacent to the quantum trade, not as a bet on quantum hardware itself.
Full ARQQ page →Quantum thesis
IBM runs the most mature commercial quantum program of any public company. IBM Quantum operates a fleet of superconducting processors over the cloud, publishes a detailed hardware roadmap, and ships Qiskit, the most widely used open-source quantum software stack. Quantum is a tiny share of IBM revenue, but no other diversified bet has more direct quantum exposure or a longer track record.
Full IBM page →