HQ · NASDAQ · Software - Infrastructure

Horizon Quantum (HQ)

Builds Triple Alpha software for hardware-agnostic quantum programs.

$16.00
vs last close+0.60 (+3.90%)
Loading prices…

Horizon Quantum Holdings Ltd. Class A Ordinary SharesHQ
Information Technology

Develops Triple Alpha, a development environment for writing, compiling, optimizing, and deploying quantum programs across processors and simulators. Its software-first model is paired with a Singapore hardware testbed for hardware-software integration.

Triple Alpha is a development environment for building quantum programs at multiple abstraction levels. It supports compilation, optimization, deployment, and access across quantum processors and simulators, with the aim of keeping applications portable across hardware platforms. The system spans different computing abstractions.

Operations are based in Singapore, with an office in Dublin. A Singapore hardware testbed, established after assembling and integrating a quantum computer, is used to tighten hardware-software integration. The platform depends on maintaining effective integrations as hardware platforms, standards, and customer requirements evolve; hardware providers may favor proprietary software stacks.

Company facts

CEOJoseph Fitzsimons
ListedMar 20, 2026
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountrySingapore
Employees44
CIK0002088256
ISINSGXZ31642911

Market cap$831.2M
EPS (ttm)−$25.77
P/E (ttm)−0.5976
ROE-296.8%
P/B18.62
P/S
Dividend yieldDiv yield
Beta4.11vs XLK 2.74

No analyst consensus on record.

Next report
Dec 2, 26
in 71 days
EPS estimate
−$0.11
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '26May '26Aug '26Dec '26
Reported−$1.95−$0.09−$0.13Pending
Estimate−$0.11−$0.09−$0.11
Surprise+18.2%−44.4%

RevenueReportedEstimate

Apr '26May '26Aug '26Dec '26
ReportedPending
Estimate
Surprise
Estimate−$0.11
ReportedDue Dec 2, 2026
Estimate
ReportedDue Dec 2, 2026
View details

Debt to equity0.80%
Current ratio3,384.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$121.6K$0$39.2K$0$0$0$0
Net income$146.1K−$509.1K−$5.1M−$3.2M−$943.5K−$6.0M−$3.6M−$90.4M
Net margin0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$289.1K$29.1K−$5.0M−$3.1M−$2.0M−$1.2M−$6.6M−$5.6M
YoY growthLoss widenedTurned profitLoss widenedLoss widenedLoss widenedTurned lossLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $114.8M · Total debt $372.5K · Total assets $126.1M · Shareholders' equity $44.6M

Revenue
$0
Operating income
−$5.6M
Net income
−$90.4M

Reported in SGD, converted at the latest exchange rate

View details

No dividends on record.

Institutions35.87%19.36M shares
34 holders · as of Jun 30, 2026
Insiders39.02%21.06M shares
6 holders · as of Sep 15, 2026
Other25.11%13.55M shares
remainder

53.97M company shares as of Sep 6, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Joseph Francis FitzsimonsInsiderdirector, 10 percent owner, officer: Chief Executive Officer
36.60%10,883 · 19.74Mfiled Sep 15, 2026
Sequoia Capital India Operations Ii, LLCInstitution
11.77%6.35Mas of Jun 30, 2026
Defiance Etfs, LLCInstitution
10.34%5.58Mas of Jun 30, 2026
Penserra Capital Management LLCInstitution
10.13%5.47Mas of Jun 30, 2026
Harry L. YouInsiderdirector, 10 percent owner
2.25%1.21Mfiled Mar 20, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 19, 2026Danielle Lambertdirector+84,602
View details

  • IBM

    Quantum SDK and execution stack spanning multiple hardware backends

  • Microsoft

    Cloud quantum platform with a multi-language development kit

  • Amazon

    Cloud service unifying quantum computers and simulators for developers

  • IonQ

    Trapped-ion quantum cloud with SDK integrations and proprietary compilation

  • Rigetti Computing

    Quantum cloud platform with Quil tools, compilation, simulation, and QPUs

  • D-Wave Quantum

    Quantum cloud platform with hybrid solvers and developer access

Compare

CompanyPriceChange
Horizon Quantum$16.00+3.90%$831.2M
IBM$231.23−0.30%$218.51B20.518.13.2+1.1%
Microsoft$497.75−0.77%$3.72T27.925.411.2+17.8%
Amazon$257.21−0.48%$2.78T20.827.63.6+19.6%
IonQ$40.07−1.09%$15.12B61.3+286.8%
Rigetti Computing$16.21−1.94%$5.49B411.5+185.3%
D-Wave Quantum$17.30−2.26%$6.50B523.2−0.6%
Median20.825.436.3+18.7%