--- title: "Xanadu Quantum Tech - B (XNDU.US) — Financial Reports" type: "Symbol" locale: "en" url: "https://longbridge.com/en/quote/XNDU.US/norm.md" symbol: "XNDU.US" name: "Xanadu Quantum Tech - B" parent: "https://longbridge.com/en/quote/XNDU.US.md" datetime: "2026-05-05T09:10:22.014Z" locales: - [en](https://longbridge.com/en/quote/XNDU.US/norm.md) - [zh-CN](https://longbridge.com/zh-CN/quote/XNDU.US/norm.md) - [zh-HK](https://longbridge.com/zh-HK/quote/XNDU.US/norm.md) --- # Xanadu Quantum Tech - B (XNDU.US) — Financial Reports ## Income Statement (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | EPS | -4.65 | -4.10 | -3.06 | -2.77 | -2.20 | | ROE | 51.43% | 50.80% | - | - | - | | Revenue | 1.88M | 987000.00 | 1.06M | 877500.00 | 711000.00 | | Net income | -23.02M | -20.30M | -15.14M | -13.67M | -10.85M | | Operating income | -20.34M | -20.70M | -15.52M | -14.14M | -11.74M | | Gross margin | 89.39% | 94.73% | 94.32% | 93.73% | 42.76% | | Net margin | -1227.95% | -2056.53% | -1432.36% | -1558.12% | -1526.02% | | Profit quality | - | - | - | - | - | ## Balance Sheet (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | A&L | 70.60M | 87.34M | 99.69M | - | 116.77M | | Leverage | 2.89 | 2.01 | 1.58 | - | 1.33 | | BVPS | -38.02 | -34.24 | -30.34 | - | -25.49 | | Turnover | 0.0493 | - | - | - | 0.0119 | | Cash & STI | 16.16M | 36.11M | 50.59M | - | 77.62M | | Inv & Rec | 12.02M | 15.67M | 14.71M | - | 9.04M | | LT assets | 25.26M | 25.36M | 26.59M | - | 22.87M | | Net debt | 22.09M | -1.83M | -18.89M | - | -52.74M | ## Cash Flow Statement (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | Operating CF | -24.93M | -15.74M | -13.69M | -13.69M | -11.86M | | Investing CF | -1.27M | -1.70M | -2.94M | -2.94M | -2.42M | | Financing CF | 3.44M | 3.13M | 2.84M | 2.84M | 2.04M | | Free CF | -15.61M | -10.32M | - | - | - | | OCF coverage | -3895.94% | -1290.98% | -633.66% | -633.66% | -600.56% | | Repaid & issued | 3.40M | 3.10M | 2.81M | 2.81M | 2.02M | | CapEx | -640000.00 | -1.22M | -2.16M | -2.16M | -1.97M |