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We present a detailed study of portfolio optimization using different versions of the quantum approximate optimization algorithm (QAOA). For a given list of assets, the portfolio optimization problem is formulated as quadratic binary…

The quantum approximate optimization algorithm (QAOA) is a method of approximately solving combinatorial optimization problems. While QAOA is developed to solve a broad class of combinatorial optimization problems, it is not clear which…

Quantum Physics · Physics 2020-08-13 James Ostrowski , Rebekah Herrman , Travis S. Humble , George Siopsis

The quantum approximate optimization algorithm (QAOA) is known for its capability and universality in solving combinatorial optimization problems on near-term quantum devices. The results yielded by QAOA depend strongly on its initial…

Quantum Physics · Physics 2022-09-29 Xinwei Lee , Ningyi Xie , Yoshiyuki Saito , Dongsheng Cai , Nobuyoshi Asai

With the rapid advancement of quantum computing, Quantum Approximate Optimization Algorithm (QAOA) is considered as a promising candidate to demonstrate quantum supremacy, which exponentially solves a class of Quadratic Unconstrained Binary…

Quantum Physics · Physics 2023-10-11 Bo Yue , Shibei Xue , Yu Pan , Min Jiang , Daoyi Dong

The present tutorial aims to provide a comprehensible and easily accessible introduction into the theory and implementation of the famous Quantum Approximate Optimization Algorithm (QAOA). We lay our focus on practical aspects and…

Quantum Physics · Physics 2023-01-24 Andreas Sturm

Combinatorial optimization is one of the fields where near term quantum devices are being utilized with hybrid quantum-classical algorithms to demonstrate potentially practical applications of quantum computing. One of the most well studied…

Quantum Physics · Physics 2023-09-22 Anthony Angone , Xioayuan Liu , Ruslan Shaydulin , Ilya Safro

The quantum approximate optimization algorithm (QAOA) has emerged as a promising candidate for demonstrating quantum advantage on noisy intermediate-scale quantum (NISQ) devices. While various QAOA parameterization schemes exist, ranging…

Quantum Physics · Physics 2026-05-05 Evan Camilleri , André Xuereb , Tony J. G. Apollaro , Mirko Consiglio

The ability of the Quantum Approximate Optimization Algorithm (QAOA) to deliver a quantum advantage on combinatorial optimization problems is still unclear. Recently, a scaling advantage over a classical solver was postulated to exist for…

Quantum Physics · Physics 2024-12-02 Thorge Müller , Ajainderpal Singh , Frank K. Wilhelm , Tim Bode

Variational quantum algorithms have emerged as a cornerstone of contemporary quantum algorithms research. While they have demonstrated considerable promise in solving problems of practical interest, efficiently determining the minimal…

Quantum Physics · Physics 2026-02-04 Daniil Rabinovich , Andrey Kardashin , Soumik Adhikary

This article consists of a short introduction to the quantum approximation optimisation algorithm (QAOA). The mathematical structure of the QAOA, as well as its basic properties, are described. The implementation of the QAOA on MaxCut…

Quantum Physics · Physics 2021-03-25 Behzad Mansouri

Test case optimization (TCO) reduces software testing cost while preserving its effectiveness, but solving TCO problems for large-scale and complex systems requires substantial computational resources. Quantum approximate optimization…

Software Engineering · Computer Science 2026-01-21 Xinyi Wang , Shaukat Ali , Tao Yue , Paolo Arcaini

As the quantum computing ecosystem grows in popularity and utility it is important to identify and address the security and privacy vulnerabilities before they can be widely exploited. One major concern is the involvement of third party…

Quantum Physics · Physics 2023-05-05 Suryansh Upadhyay , Swaroop Ghosh

The Quantum Approximate Optimization Algorithm (QAOA) has enjoyed increasing attention in noisy intermediate-scale quantum computing due to its application to combinatorial optimization problems. Because combinatorial optimization problems…

Optimization and Control · Mathematics 2024-01-18 Yunsoo Ha , Sara Shashaani , Matt Menickelly

In this paper, the Quantum Approximate Optimization Algorithm (QAOA) is analyzed by leveraging symmetries inherent in problem Hamiltonians. We focus on the generalized formulation of optimization problems defined on the sets of $n$-element…

Quantum Physics · Physics 2024-01-23 Boris Tsvelikhovskiy , Ilya Safro , Yuri Alexeev

Quantum algorithms have the potential to provide exponential speedups over some of the best known classical algorithms. These speedups may enable quantum devices to solve currently intractable problems such as those in the fields of…

Quantum Physics · Physics 2018-12-13 Ciarán Ryan-Anderson

The Quantum Approximate Optimization Algorithm (QAOA) is a standard method for combinatorial optimization with a gate-based quantum computer. The QAOA consists of a particular ansatz for the quantum circuit architecture, together with a…

Quantum Physics · Physics 2020-04-28 Li Li , Minjie Fan , Marc Coram , Patrick Riley , Stefan Leichenauer

The Quantum Approximate Optimization Algorithm (QAOA) is a promising variational algorithm for solving combinatorial optimization problems on near-term devices. However, as the number of layers in a QAOA circuit increases, which is…

Machine Learning · Computer Science 2025-04-24 Owain Parry , Phil McMinn

Hybrid quantum-classical algorithms such as the Quantum Approximate Optimization Algorithm (QAOA) are considered as one of the most encouraging approaches for taking advantage of near-term quantum computers in practical applications. Such…

An enhanced framework of quantum approximate optimization algorithm (QAOA) is introduced and the parameter setting strategies are analyzed. The enhanced QAOA is as effective as the QAOA but exhibits greater computing power and flexibility,…

Quantum Physics · Physics 2020-12-18 Mingyou Wu , Zhihao Liu , Hanwu Chen

The quantum approximate optimization algorithm (QAOA) is a hybrid quantum-classical variational algorithm that offers the potential to handle combinatorial optimization problems. Introducing constraints in such combinatorial optimization…

Quantum Physics · Physics 2021-12-15 Santosh Kumar Radha