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IONQ INC (IONQ) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:IONQ - US46222L1089 - Common Stock

50.425 USD
-0.46 (-0.89%)
Last: 1/15/2026, 9:47:09 AM
Fundamental Rating

4

Overall IONQ gets a fundamental rating of 4 out of 10. We evaluated IONQ against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. No worries on liquidiy or solvency for IONQ as it has an excellent financial health rating, but there are worries on the profitability. While showing a medium growth rate, IONQ is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year IONQ has reported negative net income.
  • IONQ had a negative operating cash flow in the past year.
  • IONQ had negative earnings in each of the past 5 years.
  • IONQ had a negative operating cash flow in each of the past 5 years.
IONQ Yearly Net Income VS EBIT VS OCF VS FCFIONQ Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -100M -200M -300M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -33.94%, IONQ is doing worse than 74.29% of the companies in the same industry.
  • IONQ has a Return On Equity (-64.49%) which is in line with its industry peers.
Industry RankSector Rank
ROA -33.94%
ROE -64.49%
ROIC N/A
ROA(3y)-33.96%
ROA(5y)-24.76%
ROE(3y)-42.48%
ROE(5y)-30.35%
ROIC(3y)N/A
ROIC(5y)N/A
IONQ Yearly ROA, ROE, ROICIONQ Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 -20 -40 -60 -80

1.3 Margins

  • With an excellent Gross Margin value of 52.29%, IONQ belongs to the best of the industry, outperforming 94.29% of the companies in the same industry.
  • IONQ's Gross Margin has been stable in the last couple of years.
  • IONQ does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 52.29%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.49%
GM growth 5YN/A
IONQ Yearly Profit, Operating, Gross MarginsIONQ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 -1K -2K -3K -4K -5K

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8

2. Health

2.1 Basic Checks

  • IONQ does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • IONQ has more shares outstanding than it did 1 year ago.
  • IONQ has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
IONQ Yearly Shares OutstandingIONQ Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M 150M 200M
IONQ Yearly Total Debt VS Total AssetsIONQ Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • IONQ has an Altman-Z score of 4.60. This indicates that IONQ is financially healthy and has little risk of bankruptcy at the moment.
  • IONQ has a better Altman-Z score (4.60) than 80.00% of its industry peers.
  • IONQ has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 4.6
ROIC/WACCN/A
WACC8.82%
IONQ Yearly LT Debt VS Equity VS FCFIONQ Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

  • IONQ has a Current Ratio of 8.73. This indicates that IONQ is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Current ratio value of 8.73, IONQ belongs to the best of the industry, outperforming 94.29% of the companies in the same industry.
  • IONQ has a Quick Ratio of 8.73. This indicates that IONQ is financially healthy and has no problem in meeting its short term obligations.
  • IONQ has a Quick ratio of 8.73. This is amongst the best in the industry. IONQ outperforms 94.29% of its industry peers.
Industry RankSector Rank
Current Ratio 8.73
Quick Ratio 8.73
IONQ Yearly Current Assets VS Current LiabilitesIONQ Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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6

3. Growth

3.1 Past

  • IONQ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -139.51%.
  • Looking at the last year, IONQ shows a very strong growth in Revenue. The Revenue has grown by 113.07%.
  • Measured over the past years, IONQ shows a very strong growth in Revenue. The Revenue has been growing by 173.73% on average per year.
EPS 1Y (TTM)-139.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.17%
Revenue 1Y (TTM)113.07%
Revenue growth 3Y173.73%
Revenue growth 5YN/A
Sales Q2Q%221.5%

3.2 Future

  • IONQ is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.61% yearly.
  • The Revenue is expected to grow by 78.18% on average over the next years. This is a very strong growth
EPS Next Y39.55%
EPS Next 2Y13.04%
EPS Next 3Y13.27%
EPS Next 5Y11.61%
Revenue Next Year157.12%
Revenue Next 2Y117.03%
Revenue Next 3Y97.6%
Revenue Next 5Y78.18%

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
IONQ Yearly Revenue VS EstimatesIONQ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2B 4B 6B
IONQ Yearly EPS VS EstimatesIONQ Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 -0.5 -1 -1.5

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

  • IONQ reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year IONQ is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
IONQ Price Earnings VS Forward Price EarningsIONQ Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
IONQ Per share dataIONQ EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

  • A more expensive valuation may be justified as IONQ's earnings are expected to grow with 13.27% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.04%
EPS Next 3Y13.27%

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0

5. Dividend

5.1 Amount

  • IONQ does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

IONQ INC

NYSE:IONQ (1/15/2026, 9:47:09 AM)

50.425

-0.46 (-0.89%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)11-05
Earnings (Next)02-24
Inst Owners49.47%
Inst Owner Change0.01%
Ins Owners1.41%
Ins Owner Change1.71%
Market Cap17.86B
Revenue(TTM)79.84M
Net Income(TTM)-1.47B
Analysts80
Price Target76.38 (51.47%)
Short Float %20.56%
Short Ratio2.98
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-51.5%
Min EPS beat(2)-152.31%
Max EPS beat(2)49.3%
EPS beat(4)2
Avg EPS beat(4)-83.67%
Min EPS beat(4)-264.71%
Max EPS beat(4)49.3%
EPS beat(8)5
Avg EPS beat(8)-37.11%
EPS beat(12)6
Avg EPS beat(12)-31.95%
EPS beat(16)8
Avg EPS beat(16)-16.94%
Revenue beat(2)2
Avg Revenue beat(2)31.31%
Min Revenue beat(2)17.77%
Max Revenue beat(2)44.86%
Revenue beat(4)3
Avg Revenue beat(4)19.25%
Min Revenue beat(4)-1.21%
Max Revenue beat(4)44.86%
Revenue beat(8)7
Avg Revenue beat(8)16.24%
Revenue beat(12)11
Avg Revenue beat(12)16.78%
Revenue beat(16)13
Avg Revenue beat(16)15.39%
PT rev (1m)3.5%
PT rev (3m)15.88%
EPS NQ rev (1m)-21.31%
EPS NQ rev (3m)36.07%
EPS NY rev (1m)-13.23%
EPS NY rev (3m)45.67%
Revenue NQ rev (1m)0.61%
Revenue NQ rev (3m)12.28%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)15.8%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 223.77
P/FCF N/A
P/OCF N/A
P/B 7.86
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-1.94
EYN/A
EPS(NY)-1.11
Fwd EYN/A
FCF(TTM)-0.76
FCFYN/A
OCF(TTM)-0.7
OCFYN/A
SpS0.23
BVpS6.42
TBVpS-0.7
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -33.94%
ROE -64.49%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 52.29%
FCFM N/A
ROA(3y)-33.96%
ROA(5y)-24.76%
ROE(3y)-42.48%
ROE(5y)-30.35%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.49%
GM growth 5YN/A
F-Score4
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 44.38%
Cap/Sales 26.05%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 8.73
Quick Ratio 8.73
Altman-Z 4.6
F-Score4
WACC8.82%
ROIC/WACCN/A
Cap/Depr(3y)179.69%
Cap/Depr(5y)N/A
Cap/Sales(3y)85.42%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-139.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.17%
EPS Next Y39.55%
EPS Next 2Y13.04%
EPS Next 3Y13.27%
EPS Next 5Y11.61%
Revenue 1Y (TTM)113.07%
Revenue growth 3Y173.73%
Revenue growth 5YN/A
Sales Q2Q%221.5%
Revenue Next Year157.12%
Revenue Next 2Y117.03%
Revenue Next 3Y97.6%
Revenue Next 5Y78.18%
EBIT growth 1Y-130.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-22.44%
EBIT Next 3Y-17.36%
EBIT Next 5Y7.56%
FCF growth 1Y-236.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-269.81%
OCF growth 3YN/A
OCF growth 5YN/A

IONQ INC / IONQ FAQ

Can you provide the ChartMill fundamental rating for IONQ INC?

ChartMill assigns a fundamental rating of 4 / 10 to IONQ.


What is the valuation status for IONQ stock?

ChartMill assigns a valuation rating of 0 / 10 to IONQ INC (IONQ). This can be considered as Overvalued.


How profitable is IONQ INC (IONQ) stock?

IONQ INC (IONQ) has a profitability rating of 1 / 10.


How financially healthy is IONQ INC?

The financial health rating of IONQ INC (IONQ) is 8 / 10.