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IONQ INC (IONQ) Stock Fundamental Analysis

USA - NYSE:IONQ - US46222L1089 - Common Stock

60.26 USD
+0.09 (+0.15%)
Last: 10/31/2025, 1:08:09 PM
Fundamental Rating

4

Taking everything into account, IONQ scores 4 out of 10 in our fundamental rating. IONQ was compared to 34 industry peers in the Technology Hardware, Storage & Peripherals industry. While IONQ has a great health rating, there are worries on its profitability. While showing a medium growth rate, IONQ is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year IONQ has reported negative net income.
In the past year IONQ has reported a negative cash flow from operations.
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

IONQ has a worse Return On Assets (-34.43%) than 76.47% of its industry peers.
With a Return On Equity value of -39.91%, IONQ perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
Industry RankSector Rank
ROA -34.43%
ROE -39.91%
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

The Gross Margin of IONQ (54.54%) is better than 94.12% of its industry peers.
In the last couple of years the Gross Margin of IONQ has remained more or less at the same level.
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 54.54%
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.
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

An Altman-Z score of 66.51 indicates that IONQ is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 66.51, IONQ belongs to the best of the industry, outperforming 97.06% of the companies in the same industry.
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.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 66.51
ROIC/WACCN/A
WACC8.72%
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 7.76 indicates that IONQ has no problem at all paying its short term obligations.
IONQ has a better Current ratio (7.76) than 94.12% of its industry peers.
IONQ has a Quick Ratio of 7.76. This indicates that IONQ is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 7.76, IONQ belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 7.76
Quick Ratio 7.76
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

The earnings per share for IONQ have decreased strongly by -154.43% in the last year.
Looking at the last year, IONQ shows a very strong growth in Revenue. The Revenue has grown by 67.80%.
IONQ shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 173.73% yearly.
EPS 1Y (TTM)-154.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-288.89%
Revenue 1Y (TTM)67.8%
Revenue growth 3Y173.73%
Revenue growth 5YN/A
Sales Q2Q%81.83%

3.2 Future

The Earnings Per Share is expected to grow by 13.39% on average over the next years. This is quite good.
The Revenue is expected to grow by 79.90% on average over the next years. This is a very strong growth
EPS Next Y-11.27%
EPS Next 2Y-10.45%
EPS Next 3Y-3.73%
EPS Next 5Y13.39%
Revenue Next Year122.04%
Revenue Next 2Y103.98%
Revenue Next 3Y97.05%
Revenue Next 5Y79.9%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of 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

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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

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 -2 3

4.3 Compensation for Growth

IONQ's earnings are expected to decrease with -3.73% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.45%
EPS Next 3Y-3.73%

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0

5. Dividend

5.1 Amount

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

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IONQ INC

NYSE:IONQ (10/31/2025, 1:08:09 PM)

60.26

+0.09 (+0.15%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)08-06 2025-08-06/amc
Earnings (Next)11-05 2025-11-05/amc
Inst Owners40.45%
Inst Owner Change0.27%
Ins Owners1.41%
Ins Owner Change0.46%
Market Cap20.94B
Revenue(TTM)52.37M
Net Income(TTM)-463584000
Analysts78.57
Price Target65.92 (9.39%)
Short Float %14.22%
Short Ratio1.65
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)-59.63%
Min EPS beat(2)-152.31%
Max EPS beat(2)33.05%
EPS beat(4)1
Avg EPS beat(4)-98.04%
Min EPS beat(4)-264.71%
Max EPS beat(4)33.05%
EPS beat(8)4
Avg EPS beat(8)-45.96%
EPS beat(12)5
Avg EPS beat(12)-36.64%
EPS beat(16)7
Avg EPS beat(16)-21.65%
Revenue beat(2)1
Avg Revenue beat(2)8.28%
Min Revenue beat(2)-1.21%
Max Revenue beat(2)17.77%
Revenue beat(4)3
Avg Revenue beat(4)11.82%
Min Revenue beat(4)-1.21%
Max Revenue beat(4)17.77%
Revenue beat(8)7
Avg Revenue beat(8)13.18%
Revenue beat(12)10
Avg Revenue beat(12)12.81%
Revenue beat(16)12
Avg Revenue beat(16)11.98%
PT rev (1m)26.72%
PT rev (3m)46.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-66.04%
EPS NY rev (1m)0%
EPS NY rev (3m)-75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.54%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 399.77
P/FCF N/A
P/OCF N/A
P/B 18.02
P/tB 32.33
EV/EBITDA N/A
EPS(TTM)-2.01
EYN/A
EPS(NY)-1.88
Fwd EYN/A
FCF(TTM)-0.46
FCFYN/A
OCF(TTM)-0.42
OCFYN/A
SpS0.15
BVpS3.34
TBVpS1.86
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -34.43%
ROE -39.91%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 54.54%
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-Score2
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 56.63%
Cap/Sales 29.81%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 7.76
Quick Ratio 7.76
Altman-Z 66.51
F-Score2
WACC8.72%
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)-154.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-288.89%
EPS Next Y-11.27%
EPS Next 2Y-10.45%
EPS Next 3Y-3.73%
EPS Next 5Y13.39%
Revenue 1Y (TTM)67.8%
Revenue growth 3Y173.73%
Revenue growth 5YN/A
Sales Q2Q%81.83%
Revenue Next Year122.04%
Revenue Next 2Y103.98%
Revenue Next 3Y97.05%
Revenue Next 5Y79.9%
EBIT growth 1Y-84.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-3.68%
EBIT Next 3Y-4.74%
EBIT Next 5Y14.72%
FCF growth 1Y-139.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-150.11%
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.


Can you provide the valuation status for IONQ INC?

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.


What is the expected EPS growth for IONQ INC (IONQ) stock?

The Earnings per Share (EPS) of IONQ INC (IONQ) is expected to decline by -11.27% in the next year.