IONQ INC (IONQ) Stock Fundamental Analysis

NYSE:IONQ • US46222L1089

31.9 USD
-1.53 (-4.58%)
At close: Feb 20, 2026
31.95 USD
+0.05 (+0.16%)
After Hours: 2/20/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, IONQ scores 4 out of 10 in our fundamental rating. IONQ was compared to 36 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. IONQ is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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

  • The Return On Assets of IONQ (-33.94%) is worse than 75.00% of its industry peers.
  • IONQ has a Return On Equity of -64.49%. This is in the lower half of the industry: IONQ underperforms 61.11% of 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

  • IONQ's Gross Margin of 52.29% is amongst the best of the industry. IONQ outperforms 94.44% of its industry peers.
  • In the last couple of years the Gross Margin of IONQ has remained more or less at the same level.
  • The Profit Margin and Operating Margin are not available for IONQ so they could not be analyzed.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • IONQ does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for IONQ has been increased compared to 1 year ago.
  • 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 2.84. This is not the best score and indicates that IONQ is in the grey zone with still only limited risk for bankruptcy at the moment.
  • IONQ's Altman-Z score of 2.84 is fine compared to the rest of the industry. IONQ outperforms 75.00% 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 2.84
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 8.73 indicates that IONQ has no problem at all paying its short term obligations.
  • IONQ has a Current ratio of 8.73. This is amongst the best in the industry. IONQ outperforms 94.44% of its industry peers.
  • 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.
  • The Quick ratio of IONQ (8.73) is better than 94.44% 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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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

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%.
  • IONQ shows a strong growth in Revenue. In the last year, the Revenue has grown by 113.07%.
  • IONQ shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 173.73% yearly.
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 12.30% yearly.
  • Based on estimates for the next years, IONQ will show a very strong growth in Revenue. The Revenue will grow by 78.18% on average per year.
EPS Next Y-28.29%
EPS Next 2Y10.95%
EPS Next 3Y11.78%
EPS Next 5Y12.3%
Revenue Next Year160.32%
Revenue Next 2Y117.32%
Revenue Next 3Y97.83%
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 -0.5 -1 -1.5

More info and screens

Find the best growth stocksShow best growing peers

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 10 -10 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 2 4 6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.95%
EPS Next 3Y11.78%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

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

More info and screens

Find the best dividend stocksShow peers with best dividend

IONQ INC

NYSE:IONQ (2/20/2026, 8:04:00 PM)

After market: 31.95 +0.05 (+0.16%)

31.9

-1.53 (-4.58%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)11-05
Earnings (Next)02-25
Inst Owners49.47%
Inst Owner Change8.01%
Ins Owners1.41%
Ins Owner Change0.69%
Market Cap11.46B
Revenue(TTM)79.84M
Net Income(TTM)-1.47B
Analysts80
Price Target76.38 (139.44%)
Short Float %22.67%
Short Ratio3.95
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)0%
PT rev (3m)15.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)36.07%
EPS NY rev (1m)-112.23%
EPS NY rev (3m)-15.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)17.24%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 143.59
P/FCF N/A
P/OCF N/A
P/B 5.04
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-1.94
EYN/A
EPS(NY)-1.18
Fwd EYN/A
FCF(TTM)-0.75
FCFYN/A
OCF(TTM)-0.69
OCFYN/A
SpS0.22
BVpS6.33
TBVpS-0.69
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 2.84
F-Score4
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)-139.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.17%
EPS Next Y-28.29%
EPS Next 2Y10.95%
EPS Next 3Y11.78%
EPS Next 5Y12.3%
Revenue 1Y (TTM)113.07%
Revenue growth 3Y173.73%
Revenue growth 5YN/A
Sales Q2Q%221.5%
Revenue Next Year160.32%
Revenue Next 2Y117.32%
Revenue Next 3Y97.83%
Revenue Next 5Y78.18%
EBIT growth 1Y-130.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-20.69%
EBIT Next 3Y-18.03%
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.