The Motley Fool·16h ago
Why IonQ Stock Rocketed 11.6% Higher in SeptemberIonQ introduced a new quantum computing platform in September. Bank of America initiated coverage on IonQ stock.
IonQ is experiencing a dramatic revenue inflection, with Q2 2026 revenue reaching $80.0M, a 286% year-over-year increase, signaling accelerating commercial adoption. However, this growth is not translating into profitability, as operating margin remains deeply...
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Revenue surged to $80.0M in 2026Q2, a 286% year-over-year increase, yet operating margin remained at -4.2% and gross margin fell to 24.9%, indicating that scaling has not yet produced profitability.
IonQ is the largest pure-play quantum computing company by market value, with a focus on trapped-ion technology and full-stack quantum solutions.
The company has demonstrated accelerating revenue growth, with $130M reported in 2025 and guidance of $260-270M for 2026, exceeding milestones ahead of schedule.
IonQ's trapped-ion quantum systems achieve industry-leading 99.99% two-qubit gate fidelity, operate near room temperature, and cost significantly less than superconducting alternatives.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | -$0.33-13.8% vs -$0.29 | $80M+20.5% vs $66M |
Q2 2026 May 6, 2026 | $2.07+548.5% vs -$0.46 | $65M+30.0% vs $50M |
Q1 2026 Feb 25, 2026 | $1.93+502.1% vs -$0.48 | $62M+53.3% vs $40M |
Q4 2025 Nov 5, 2025 | -$3.58-713.6% vs -$0.44 | $40M+47.7% vs $27M |
IonQ introduced a new quantum computing platform in September. Bank of America initiated coverage on IonQ stock.
IonQ is taking a different approach to quantum computing.
IonQ offers a full-stack quantum computing platform that has been adopted by several cloud infrastructure giants. Infleqtion has a deep partnership with Nvidia and deals with multiple government clients that can produce meaningful revenue growth in the long run.
IonQ's reliability and partnership with Nvidia may make it a good investment. D-Wave's success at finding real-world applications for quantum technology could make it a compelling choice.
Benchmark IONQ against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for IonQ, Inc. (IONQ)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $43.77 | $16.34B | -24.05 | 201.85% | -392.55% | -24.32% | — | |
| $15.25 | $5.07B | -21.79 | -34.31% | -1787.4% | -46.82% | — | |
| $15.77 | $5.79B | -14.21 | 178.54% | -2001.59% | -26.67% | — | |
| $8.18 | $1.84B | -74.36 | 82.84% | -152.45% | -1.06% | — | |
| $222.64 | $209.76B | 19.93 | 7.62% | 15.52% | 33.43% | — | |
| $343.50 | $4.16T | 31.78 | 15.13% | 54.77% | 50.84% | — |
IonQ, Inc. (IONQ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
IonQ, Inc. (IONQ) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 7, 2026·SEC
Aug 5, 2026·SEC
Jul 31, 2026·SEC
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IonQ, Inc. (IONQ) stock FAQ — growth, dividends, profitability & financials explained
IonQ, Inc. (IONQ) reported $246.5M in revenue for fiscal year 2025. This represents a 123137% increase from $0.2M in 2019.
IonQ, Inc. (IONQ) grew revenue by 201.9% over the past year. This is strong growth.
IonQ, Inc. (IONQ) reported a net loss of $1.41B for fiscal year 2025.
IonQ, Inc. (IONQ) has a return on equity (ROE) of -24.3%. Negative ROE indicates the company is unprofitable.
IonQ, Inc. (IONQ) had negative free cash flow of $483.9M in fiscal year 2025, likely due to heavy capital investments.
