IonQ, Inc. (IONQ) — Analysis Summary
IonQ, Inc. (IONQ) has a market cap of $15.88B with year-over-year revenue growth of +201.9%. Net margin stands at -392.6%. The stock trades at a P/E ratio of -11.6.
Key Takeaways
- Revenue changed +201.9% year-over-year
- Net margin of -392.6%
- P/E ratio of -11.6
Compared to other companies in the SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN sector, IONQ posted revenue growth of +201.9% and trades at a P/E of -11.6.
IonQ, Inc. (IONQ)
UPDATED — ET · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsHigh Risk Signals
Multiple material red flags are active and deserve closer underwriting before relying on any valuation output.
Interest coverage at -9.7x — earnings do not cover interest payments
Operating margin at -408.2% — severe operating losses
Net margin at -553.3% — losses exceed revenue (possible one-time charges)
Net income fell 167.2% vs the prior period.
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
Sector
SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN
Employees
1,132
Headquarters
COLLEGE PARK, MD
Exchange
XNYS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.