The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | QUBT | XMTR | MVIS | FKWL |
|---|---|---|---|---|
| Moat Score (0–100) | 25 | 26 (highest) | 25 | 25 |
| Pricing power | 35 | 38 (highest) | 31 | 21 |
| Returns on capital | 0 | 0 | 0 | 9 (highest) |
| Balance-sheet safety | 28 | 28 | 55 (highest) | 55 (highest) |
| Capital discipline | 44 (highest) | 44 (highest) | 24 | 24 |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $1.7B | — | $91.1M | $27.9M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |