A Business at a Glance
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IonQ, Inc.
IONQ
$9.2B
Mkt Cap
$32.84
-3.61%
IonQ, Inc. (IONQ) has a 5-year average return on invested capital (ROIC) of -35.1%. This is below average and may indicate limited pricing power.
IonQ, Inc. (IONQ) has a market capitalization of $9.2B. It is classified as a mid-cap stock.
IonQ, Inc. (IONQ) does not currently pay a regular dividend.
IonQ, Inc. (IONQ) operates in the Services-Computer Integrated Systems Design industry, within the Technology sector.
IonQ, Inc. (IONQ) generated $-300 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
IonQ, Inc. (IONQ) has a debt-to-equity ratio of 0.01. This indicates a conservatively financed balance sheet.
IonQ, Inc. (IONQ) reported earnings per share (EPS) of $-1.82 in its most recent fiscal year.
IonQ is the world’s first and only quantum platform company. We operate in every theater: in space, in the air, on land and at sea, where we seek to deliver the full promise of quantum, across computing, networking, sensing and security. We believe that we have the clearest path to fault-tolerant quantum computing, and a repertoire of networking, sensing and security products that will form the backbone of a global quantum infrastructure. We are developing quantum computers designed to solve some of the world’s most complex problems and transform business, society and the planet for the better. We believe that our proprietary technology, our architecture and the technology exclusively available to us through license agreements will offer us advantages both in research and development and in the commercial value of our product offerings.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | - | - | - | 1.2B | - |
| Net Income | -510M | -510M | -332M | -158M | -49M | -106M |
| EPS | $-1.82 | $-1.82 | $-1.56 | $-0.78 | $-0.25 | $-0.77 |
| Free Cash Flow | -300M | -300M | -124M | -93M | -54M | -34M |
| ROIC | -17.9% | -24.4% | -86.4% | -32.5% | -14.3% | -18.0% |
| Gross Margin | - | - | - | - | 99.8% | - |
| Debt/Equity | 0.01 | 0.01 | 0.05 | 0.02 | - | 0.01 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -634M | -634M | -232M | -158M | -86M | -39M |
| Operating Margin | 0.0% | - | - | - | -6.9% | - |
| ROE | -13.4% | -24.4% | -86.4% | -32.5% | - | -18.0% |
| Shares Outstanding | 280M | 280M | 213M | 202M | 194M | 138M |
| Metric | |||||||
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 0 | N/A | 1.2B | N/A | N/A | N/A | 0 |
| Gross Margin | N/A | N/A | 99.8% | N/A | N/A | N/A | N/A |
| R&D | 10M | 20M | 44M | 92M | 137M | 306M | 306M |
| SG&A | 3.5M | 14M | 36M | 51M | 71M | 245M | 245M |
| EBIT | -16M | -39M | -86M | -158M | -232M | -634M | -634M |
| Op. Margin | N/A | N/A | -6.9% | N/A | N/A | N/A | 0.0% |
| Net Income | -15M | -106M | -49M | -158M | -332M | -510M | -510M |
| Net Margin | N/A | N/A | -3.9% | N/A | N/A | N/A | 0.0% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||
| ROIC | -55.6% | -18.0% | -14.3% | -32.5% | -86.4% | -24.4% | -17.9% |
| ROE | -55.6% | -18.0% | N/A | -32.5% | -86.4% | -24.4% | -13.4% |
| ROA | -25.5% | -16.5% | -8.1% | -28.5% | -65.2% | -14.4% | -7.8% |
| Cash Flow | |||||||
| Op. Cash Flow | -12M | -27M | -45M | -79M | -106M | -283M | -283M |
| Free Cash Flow | -22M | -34M | -54M | -93M | -124M | -300M | -300M |
| Owner Earnings | -13M | -37M | -82M | -159M | -231M | -677M | -677M |
| CapEx | 10M | 7.8M | 9.3M | 14M | 18M | 16M | 16M |
| Maint. CapEx | 143K | 2.5M | 5.6M | 10M | 19M | 82M | 82M |
| Growth CapEx | 9.9M | 5.2M | 3.7M | 3.3M | 0 | 0 | 0 |
| D&A | 143K | 2.5M | 5.6M | 10M | 19M | 82M | 82M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 1.2M | 7.7M | 31M | 70M | 107M | 312M | 312M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||
| Net Debt | -36M | -518M | -352M | -347M | -323M | -2.4B | -1.0B |
| Cash & Equiv. | 36M | 399M | 44M | 36M | 54M | 1.0B | 1.0B |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | 30M |
| Debt/Equity | 0.00 | 0.01 | N/A | 0.02 | 0.05 | 0.01 | 0.01 |
| Interest Coverage | N/A | -604.5 | -12.1 | -8.2 | -12.7 | -11.3 | -11.3 |
| Equity | 54M | 591M | N/A | 485M | 384M | 3.8B | 3.8B |
| Total Assets | 60M | 642M | 598M | 554M | 508M | 6.6B | 6.6B |
| Total Liabilities | 6.8M | 51M | N/A | 69M | 125M | 2.8B | 2.8B |
| Intangibles | 2.7M | 5.8M | 8.9M | 15M | 29M | 767M | 767M |
| Retained Earnings | -40M | -146M | -194M | -352M | -684M | -1.2B | -1.2B |
| Working Capital | 37M | 520M | 351M | 353M | 343M | 2.4B | 2.4B |
| Current Assets | 39M | 530M | 372M | 390M | 379M | 2.6B | 2.6B |
| Current Liabilities | 1.9M | 9.7M | 20M | 37M | 36M | 167M | 167M |
| Per Share Data | |||||||
| EPS | -0.13 | -0.77 | -0.25 | -0.78 | -1.56 | -1.82 | -1.82 |
| Owner EPS | -0.11 | -0.27 | -0.42 | -0.79 | -1.09 | -2.41 | -2.41 |
| Book Value | 0.45 | 4.29 | N/A | 2.40 | 1.81 | 13.55 | 13.55 |
| Cash Flow/Share | -0.10 | -0.19 | -0.23 | -0.39 | -0.50 | -1.01 | -1.53 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 118.6M | 137.9M | 194.0M | 202.3M | 212.6M | 280.4M | 280.4M |
| Valuation | |||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | -18.0 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | 4.0 | N/A | 5.5 | 25.2 | 3.4 | 2.4 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Yield | N/A | -1.5% | -8.9% | -3.5% | -1.3% | -2.3% | -3.3% |
| Market Cap | N/A | 2.4B | 605M | 2.7B | 9.7B | 12.9B | 9.2B |
| Avg. Price | N/A | 12.15 | 7.88 | 10.34 | 12.69 | 42.44 | 32.84 |
| Year-End Price | N/A | 17.07 | 3.12 | 13.23 | 45.48 | 46.00 | 32.84 |
IonQ, Inc. passes 1 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 99.8%.
IonQ, Inc. (IONQ) has a return on equity (ROE) of -24.4%. A negative ROE may indicate losses or negative equity.
IonQ, Inc. (IONQ) has a 5-year average gross margin of 99.8%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 6 years of financial data for IonQ, Inc. (IONQ), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
IonQ, Inc. (IONQ) has a book value per share of $13.55, based on its most recent annual SEC filing.