Quantum Biopharma Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Quantum Biopharma Ltd (HUGE) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Quantum Biopharma Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 5M vs 2,105M combined for tracked competitors (0.2% combined share).
- Peer differentiation: Revenue per employee of $0.65M compares with $0.32M for the peer group (2.1x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
Quantum Biopharma Ltd vs. its Competitors, Q3 2025
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Quantum Biopharma Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Quantum Biopharma Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Quantum Biopharma Ltd's competitor groups requires a Commercial License.
Quantum Biopharma Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Quantum Biopharma Ltd | - | - | - | Yes |
| Competitors combined (23) | ||||
| High-Confidence Competitors (4) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
HUGE Stock Performance relative to its Competitors
HUGE Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Intercure Ltd | 282.9% | Outperformed |
| 2 | Lexaria Bioscience Corp | 282.9% | Outperformed |
| 3 | Cronos Group Inc | 282.9% | Outperformed |
| 4 | Aurora Cannabis Inc | 282.9% | Outperformed |
| 5 | Alzamend Neuro Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Quantum Biopharma Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Quantum Biopharma Ltd's Comment on Competition and Industry Peers
Publicly Traded Peers of Quantum Biopharma Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Quantum Biopharma Ltd | - | 4.56 |
| Cronos Group Inc | 1,277.08 | 259.21 |
| Tilray Brands Inc | 452.36 | 914.63 |
| Canopy Growth Corporation | 392.33 | 323.17 |
| Zerostack Corp | 42.63 | 40.03 |
| Incannex Healthcare Inc | 37.31 | - |
| SUBTOTAL | 2,289.08 | 2,478.90 |
Sign in to see all competitors of Quantum Biopharma Ltd .
Sources: Quantum Biopharma Ltd's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Quantum Biopharma Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Quantum Biopharma Ltd's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Roche | Named by the company | 85% |
| Ethereum | Named by the company | 85% |
| Tron | Named by the company | 85% |
| Chainlink | Named by the company | 85% |
| Sanofi | Named by the company | 85% |
| Novartis | Named by the company | 85% |
| Dogecoin | Named by the company | 85% |
| Solana | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Quantum Biopharma Ltd's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Quantum Biopharma Ltd's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Tilray Brands Inc | Distribution Business 33.05 % |
| Canopy Growth Corporation | Storz and Bickel 58.69 % |
| Cannapharmarx Inc | Operating Segment 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Quantum Biopharma Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Quantum Biopharma Ltd | - | 650,829 | -2,028,961 |
| Cronos Group Inc | 1,277 | 424,938 | 129,843 |
| Tilray Brands Inc | 452 | 254,418 | -29,251 |
| Canopy Growth Corporation | 392 | 286,499 | -156,381 |
| Zerostack Corp | 43 | - | - |
| Incannex Healthcare Inc | 37 | - | -1,483,500 |
| PEERS TOTAL | 2,289 | 316,089 | -68,287 |
Sign in to see all peers for Quantum Biopharma Ltd .
Quantum Biopharma Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Cronos Group Inc | Canada 56.07 % |
| Tilray Brands Inc | EMEA 39.41 % |
| Zerostack Corp | DE 92.55 % |
| Blue Water Vaccines Inc | GB 100.00 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Quantum Biopharma Ltd's Position in Industry Market Structure
Market-capitalization share and concentration across all 498 companies in Quantum Biopharma Ltd's industry classification, broader than the peer set above. Market cap in millions of $.Quantum Biopharma Ltd ranks #0 of 498 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 824, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Eli Lilly And Company | 1,054,271 | 19.27 % |
| 2 | Johnson and Johnson | 662,243 | 12.10 % |
| 3 | Beone Medicines Ltd | 543,752 | 9.94 % |
| 4 | Abbvie Inc | 473,291 | 8.65 % |
| 5 | Merck and Co Inc | 1,234 | 5.2% |
| 6 | Novartis Ag | 1,234 | 5.2% |
| 7 | Abbott Laboratories | 1,234 | 5.2% |
| 8 | Novo Nordisk A | 1,234 | 5.2% |
| 9 | Pfizer Inc | 1,234 | 5.2% |
| 10 | Vertex Pharmaceuticals Inc | 1,234 | 5.2% |
| 0 | Quantum Biopharma Ltd | - | 0.00 % |
Market cap and industry share for the rest of Quantum Biopharma Ltd's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2024-08-14.
Quantum Biopharma Ltd's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue Growth | - | - | - |
| Operating Margin | - | - | - |
| Return on Invested Capital | -44.88 % | -92.14 % | -77.28 % |
| P/E | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Quantum Biopharma Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 824 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Quantum Biopharma Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Quantum Biopharma Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Quantum Biopharma Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 159.0 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (40.90 %) show financial-distress signals, a possible opening to gain share.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-3.8% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Quantum Biopharma Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Quantum Biopharma Ltd | 0.90 | 1.80 | - |
| Cronos Group Inc | 15.24 | 19.71 | - |
| Tilray Brands Inc | 0.83 | 2.49 | 0.22 |
| Canopy Growth Corporation | 2.02 | 3.43 | 0.42 |
| Zerostack Corp | 0.67 | 1.33 | 0.38 |
| Incannex Healthcare Inc | 18.92 | 20.72 | - |
Sign in to see all peers for Quantum Biopharma Ltd .
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Quantum Biopharma Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Quantum Biopharma Ltd | Q3 2025 | - | - |
| Cronos Group Inc | Q2 2026 | +269.5 % | - |
| Tilray Brands Inc | Q2 2026 | +24.9 % | - |
| Canopy Growth Corporation | Q2 2026 | +409.8 % | - |
| Zerostack Corp | Q2 2026 | +40.7 % | - |
| Incannex Healthcare Inc | Q2 2026 | - | - |
| PEERS TOTAL | +86.4 % | - |
Sign in to see all peers for Quantum Biopharma Ltd .
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Quantum Biopharma Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Quantum Biopharma Ltd | Q3 2025 | - | +798.5 % |
| Cronos Group Inc | Q2 2026 | +66.5 % | -80.8 % |
| Tilray Brands Inc | Q2 2026 | +21.0 % | - |
| Canopy Growth Corporation | Q2 2026 | +256.1 % | -53.1 % |
| Zerostack Corp | Q2 2026 | +32.5 % | - |
| Incannex Healthcare Inc | Q2 2026 | - | - |
Sign in to see all peers for Quantum Biopharma Ltd .
Quantum Biopharma Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Quantum Biopharma Ltd | - | - | - |
| Cronos Group Inc | 6.70% | 6.90% | 7.25% |
| Tilray Brands Inc | - | - | - |
| Canopy Growth Corporation | - | - | - |
| Zerostack Corp | - | - | - |
| Incannex Healthcare Inc | - | - | - |
Sign in to see all peers for Quantum Biopharma Ltd .
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Quantum Biopharma Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Quantum Biopharma Ltd | - | - |
| Cronos Group Inc | 16.21 | 4.93 |
| Tilray Brands Inc | - | 0.49 |
| Canopy Growth Corporation | - | 1.21 |
| Zerostack Corp | - | 1.06 |
| Incannex Healthcare Inc | - | - |
| PEERS AVERAGE | - | 0.92 |
Sign in to see all peers for Quantum Biopharma Ltd .
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.