Horizon Quantum Holdings Ltd.
Horizon Quantum Holdings Ltd. Class A Ordinary Shares represent equity in Horizon Quantum Holdings Ltd., a Singapore-based quantum software infrastructure company. Horizon Quantum develops software tools and infrastructure designed to help developers and enterprises build, compile, and deploy quantum applications across different hardware environments. Its products focus on automating parts of quantum programming, improving code portability, and supporting the use of quantum computing in practical software workflows. The company serves customers and partners in technology, research, and enterprise computing, positioning itself within the emerging quantum software ecosystem. As a publicly traded company, Horizon Quantum Holdings Ltd. provides investors access to a business centered on software infrastructure for quantum computing rather than quantum hardware itself.
$12.49
-$1.45 (-10.40%)
EOD Oct 16, 2026
The business is unprofitable at the operating level (-2180.95% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 620.0% YoY with margins expanding 7836.4pp.
ROIC dropped from -22.28% to -42.84%, capital efficiency is deteriorating. Negative free cash flow of -$10M. The business is consuming cash, not generating it.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (FY)
$360K
▲ +620.0% YoY
Net Income (FY)
-$7M
▼ -44.6% YoY
Op. Margin
-2180.95%
▲ +7836.4pp YoY
ROIC
-42.84%
▼ -20.6pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-$10M
▼ -86.7% YoY
Op. Cash Flow (FY)
-$6M
▼ -31.7% YoY
Net Debt
-$6M
Net Cash Position
Cash & Equiv.
$7M
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Is Horizon Quantum Holdings (HQ) overvalued?
Horizon Quantum Holdings (HQ)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Horizon Quantum Holdings scores 40/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Horizon Quantum Holdings a high-quality business?+
Horizon Quantum Holdings scores 40 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a -2,180.9% operating margin and a -42.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Horizon Quantum Holdings a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh HQ's valuation and scores 40/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.