Logo image of IONQ

IONQ INC (IONQ) Stock Fundamental Analysis

NYSE:IONQ - New York Stock Exchange, Inc. - US46222L1089 - Common Stock - Currency: USD

39.86  +1.74 (+4.56%)

After market: 40.05 +0.19 (+0.48%)

Fundamental Rating

4

IONQ gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 32 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

Quickly go to:

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.
In the past 5 years IONQ always reported negative net income.
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

The Return On Assets of IONQ (-38.15%) is worse than 78.13% of its industry peers.
IONQ has a Return On Equity of -42.39%. This is comparable to the rest of the industry: IONQ outperforms 46.88% of its industry peers.
Industry RankSector Rank
ROA -38.15%
ROE -42.39%
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

IONQ has a better Gross Margin (50.72%) than 90.63% of its industry peers.
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 50.72%
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

More info and screens

8

2. Health

2.1 Basic Checks

IONQ does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, IONQ has more shares outstanding
There is no outstanding debt for IONQ. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and 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 77.07. This indicates that IONQ is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 77.07, IONQ belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
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 77.07
ROIC/WACCN/A
WACC8.87%
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

A Current Ratio of 13.17 indicates that IONQ has no problem at all paying its short term obligations.
With an excellent Current ratio value of 13.17, IONQ belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.
IONQ has a Quick Ratio of 13.17. This indicates that IONQ is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of IONQ (13.17) is better than 96.88% of its industry peers.
Industry RankSector Rank
Current Ratio 13.17
Quick Ratio 13.17
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

More info and screens

6

3. Growth

3.1 Past

IONQ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -79.52%.
The Revenue has grown by 69.86% in the past year. This is a very strong growth!
The Revenue has been growing by 173.73% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-79.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%26.32%
Revenue 1Y (TTM)69.86%
Revenue growth 3Y173.73%
Revenue growth 5YN/A
Sales Q2Q%-0.21%

3.2 Future

The Earnings Per Share is expected to grow by 13.55% on average over the next years. This is quite good.
Based on estimates for the next years, IONQ will show a very strong growth in Revenue. The Revenue will grow by 78.72% on average per year.
EPS Next Y36.42%
EPS Next 2Y9.55%
EPS Next 3Y4.74%
EPS Next 5Y13.55%
Revenue Next Year108.41%
Revenue Next 2Y101.97%
Revenue Next 3Y91.19%
Revenue Next 5Y78.72%

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 200M 400M 600M 800M 1B
IONQ Yearly EPS VS EstimatesIONQ Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -0.5 -1 -1.5

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for IONQ. In the last year negative earnings were reported.
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

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 1 -1 2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.55%
EPS Next 3Y4.74%

More info and screens

0

5. Dividend

5.1 Amount

IONQ does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

IONQ INC

NYSE:IONQ (8/4/2025, 8:15:27 PM)

After market: 40.05 +0.19 (+0.48%)

39.86

+1.74 (+4.56%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)05-07 2025-05-07/amc
Earnings (Next)08-06 2025-08-06/amc
Inst Owners38.47%
Inst Owner Change-0.34%
Ins Owners1.91%
Ins Owner Change0.62%
Market Cap11.61B
Analysts80
Price Target45.05 (13.02%)
Short Float %12.36%
Short Ratio1.44
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)-115.83%
Min EPS beat(2)-264.71%
Max EPS beat(2)33.05%
EPS beat(4)2
Avg EPS beat(4)-55.01%
Min EPS beat(4)-264.71%
Max EPS beat(4)33.05%
EPS beat(8)4
Avg EPS beat(8)-35.48%
EPS beat(12)6
Avg EPS beat(12)-16.41%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)7.19%
Min Revenue beat(2)-1.21%
Max Revenue beat(2)15.6%
Revenue beat(4)3
Avg Revenue beat(4)14.59%
Min Revenue beat(4)-1.21%
Max Revenue beat(4)28.88%
Revenue beat(8)7
Avg Revenue beat(8)13.86%
Revenue beat(12)10
Avg Revenue beat(12)11.9%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.71%
PT rev (3m)1.3%
EPS NQ rev (1m)-2%
EPS NQ rev (3m)-43.16%
EPS NY rev (1m)-14.47%
EPS NY rev (3m)-22.29%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)1.74%
Revenue NY rev (1m)1.73%
Revenue NY rev (3m)0.35%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 269.65
P/FCF N/A
P/OCF N/A
P/B 15.18
P/tB 15.99
EV/EBITDA N/A
EPS(TTM)-1.49
EYN/A
EPS(NY)-1.23
Fwd EYN/A
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)-0.41
OCFYN/A
SpS0.15
BVpS2.63
TBVpS2.49
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -38.15%
ROE -42.39%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 50.72%
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
ROICexcg growth 3YN/A
ROICexcg 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 Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 103.87%
Cap/Sales 51.29%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 13.17
Quick Ratio 13.17
Altman-Z 77.07
F-Score4
WACC8.87%
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)-79.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%26.32%
EPS Next Y36.42%
EPS Next 2Y9.55%
EPS Next 3Y4.74%
EPS Next 5Y13.55%
Revenue 1Y (TTM)69.86%
Revenue growth 3Y173.73%
Revenue growth 5YN/A
Sales Q2Q%-0.21%
Revenue Next Year108.41%
Revenue Next 2Y101.97%
Revenue Next 3Y91.19%
Revenue Next 5Y78.72%
EBIT growth 1Y-39.79%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year28.35%
EBIT Next 3Y12.55%
EBIT Next 5Y14.7%
FCF growth 1Y-126.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-135.54%
OCF growth 3YN/A
OCF growth 5YN/A