HQ (Horizon Quantum Holdings) Research & Development: $4.74 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HQ Horizon Quantum Holdings Ltd HQ
12 GF Score
Price $14.04
! 2 Warning Signs
View Full Analysis

What is Horizon Quantum Holdings Research & Development?

Horizon Quantum Holdings HQ -1.29% 12 Research & Development is $4.74 Mil as of Jun. 2026. GuruFocus rates HQ with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Horizon Quantum Holdings's Research & Development for the six months ended in Jun. 2026 was $4.74 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was $4.74 Mil.


Horizon Quantum Holdings  (NAS:HQ) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Horizon Quantum Holdings Research & Development Related Terms


Horizon Quantum Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for Horizon Quantum Holdings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Horizon Quantum Holdings Research & Development Chart

Horizon Quantum Holdings Annual Data
Trend Dec23 Dec24 Dec25
Research & Development
1.70 2.54 0.00

Horizon Quantum Holdings Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Research & Development Get a 7-Day Free Trial 1.10 1.45 4.53 0.00 4.74
HQ
12GF Score
Horizon Quantum Holdings Ltd HQ
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horizon Quantum Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.74 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $4.74 Mil mean?
Horizon Quantum Holdings (HQ) has a Research & Development of $4.74 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Horizon Quantum Holdings and its competitors.
Is Horizon Quantum Holdings' Research & Development too high?
Horizon Quantum Holdings' current Research & Development is $4.74 Mil. Overall, Horizon Quantum Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Quantum Holdings' Research & Development compare to CGNT and RPD?
Horizon Quantum Holdings' Research & Development of $4.74 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Horizon Quantum Holdings and its competitors. Horizon Quantum Holdings's current Research & Development is $4.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Quantum Holdings stock overvalued right now?
Horizon Quantum Holdings (HQ) has a current Research & Development of $4.74 Mil. The current Research & Development is $4.74 Mil. Horizon Quantum Holdings' overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Horizon Quantum Holdings (HQ), the current Research & Development is $4.74 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Horizon Quantum Holdings Business Description

Address 29 Media Circle No. 05-22, Singapore, SGP, 138565
Horizon Quantum Holdings Ltd is building software infrastructure to make quantum computers accessible to commercial enterprises and hardware providers. By bridging the gap between hardware and applications, the company seeks to equip developers, researchers, and enterprises with the quantum software infrastructure needed to solve real-world problems. The company is developing tools that can automatically accelerate code written for conventional computers on quantum computers.
12GF Score

Get the complete analysis for HQ

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.04
Price