SummaryQuantum computing resources are predominantly accessible through cloud services, with a potential future shift to edge networks. This paradigm and the increasing global interest in quantum computing have amplified the need for efficient, adaptable resource management strategies and service models for quantum systems. However, many limitations in the quantum resources' quantity, quality, availability, and cost pose significant challenges for conducting research in practical environments. To address these challenges, we proposed iQuantum, a holistic and lightweight discrete‐event simulation toolkit uniquely tailored to model hybrid quantum computing environments. We also present a detailed system model for prototyping and problem formulation in quantum resource management. Through rigorous empirical validation and evaluations using large‐scale quantum workload datasets, we demonstrate the flexibility and applicability of our toolkit in various use cases. iQuantum provides a versatile environment for designing and evaluating quantum resource management policies such as quantum task scheduling, backend selection, hybrid task offloading, and orchestration in the quantum cloud‐edge continuum. Our work endeavors to create substantial contributions to quantum computing modeling and simulation, empowering the creation of future resource management strategies and quantum computing's broader applications.