Head to Head

ARQQ vs QBTS: which is the better buy in 2026?

On Alexandria's Compass, Arqit Quantum has the edge with a 82/100 score versus 72/100 for QBTS. Here is how they stack up, factor by factor.

Arqit Quantum

NASDAQ:ARQQ

Edge
82/100 Compass
True NorthHold$373M

Real technology, real customers coming, but a $201M market cap riding on quantum-safe encryption adoption that's still two budget cycles away.

Full ARQQ analysis

D-Wave Quantum

NYSE:QBTS

72/100 Compass
FavorableAvoid$2.0B

D-Wave sells quantum computing's promise at a $6.7B market cap against $8M in trailing revenue. The math doesn't work.

Full QBTS analysis

Factor by factor

FactorARQQQBTS
Revenue Growth9835
Profitability3150
Valuation2950
Momentum3050
Theme Purity8699
Moat6127
Catalysts9099
Market Position6332

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Frequently asked questions

Is ARQQ or QBTS the better buy in 2026?

By Compass Score, Arqit Quantum (NASDAQ:ARQQ) edges it at 82/100 versus 72/100 for QBTS. Both scores update weekly and reflect a contrarian, forward-looking read, not a recommendation.

How does Alexandria compare ARQQ and QBTS?

Each company is scored 1-100 on eight factors: revenue growth, profitability, valuation, momentum, theme purity, moat, catalysts, and market position. The Compass Score is the composite, and the comparison below shows where each name wins factor by factor.

Compass Scores are proprietary editorial research from publicly available data, not investment advice or a recommendation regarding any security. Rankings update weekly.