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QBTS vs RGTI

Side-by-side quantum stock comparison: market cap, share price, classification, and thesis.

Pure-play
D-Wave Quantum Inc.
$5.35B
Market cap
$14.57
Share price
Pure-play
Rigetti Computing, Inc.
$4.66B
Market cap
$14.03
Share price

Market cap, head to head

Stat-by-stat

MetricQBTSRGTI
TypePure-playPure-play
SegmentHardwareHardware
ExchangeNYSENASDAQ
CountryCAUS
Market cap$5.35B$4.66B
Share price$14.57$14.03
Employees216137
SectorTechnologyTechnology
IndustryComputer HardwareComputer Hardware
QBTS
D-Wave Quantum Inc.

Quantum thesis

D-Wave is the only public pure-play on quantum annealing, an approach optimized for combinatorial-optimization problems rather than universal gate-based computation. The company also offers a gate-model roadmap and a Leap cloud service, but its differentiator is annealing hardware that is already in commercial deployment with customers in logistics and finance.

Full QBTS page →
RGTI
Rigetti Computing, Inc.

Quantum thesis

Rigetti is a pure-play superconducting quantum computing company that designs its own multi-chip processors and operates a quantum cloud platform. The thesis rests on superconducting qubits being the same architecture used by IBM and Google, with Rigetti positioned as the smallest-cap way to own that approach. Execution risk is high, revenue is research-grade, and the share count has expanded materially.

Full RGTI page →