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Key Facts on Quantum Computing Industry
The quantum computing industry is projected to reach a market value between $45 billion and $131 billion by 2040, transitioning from scientific research to commercial viability with actual revenue now being reported by key players.
IonQ has set a benchmark with a 99.99% 2-qubit gate fidelity as of October 2025, and its Q3 revenue hit $39.9 million, reflecting a 222% year-over-year growth. Similarly, Rigetti Computing’s 84-qubit Ankaa-3 system operates at a 99.5% fidelity, with $600 million in cash as of early November 2025. D-Wave Quantum reported a revenue of $3.7 million in Q3 2025, doubling its earnings from the previous year, while holding around $836 million in cash.
All three companies—IonQ, Rigetti, and D-Wave—present different quantum architectures, catering to various market needs, but remain unprofitable, indicating both risks and opportunities as investors look toward a potential computing revolution.
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