IONQ INC (IONQ) Stock Fundamental Analysis

NYSE:IONQ • US46222L1089

38.34 USD
-0.03 (-0.08%)
At close: Mar 2, 2026
38.21 USD
-0.13 (-0.34%)
After Hours: 3/2/2026, 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 shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year IONQ was profitable.
  • In the past year IONQ has reported a negative cash flow from operations.
  • In the past 5 years IONQ always reported negative net income.
  • In the past 5 years IONQ always reported negative operating cash flow.
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 2025 -200M -400M -600M

1.2 Ratios

  • IONQ has a Return On Assets of -7.77%. This is comparable to the rest of the industry: IONQ outperforms 50.00% of its industry peers.
  • The Return On Equity of IONQ (-13.43%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA -7.77%
ROE -13.43%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 2025 -20 -40 -60 -80

1.3 Margins

  • Looking at the Gross Margin, with a value of 42.06%, IONQ is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
  • IONQ's Gross Margin has declined in the last couple of years.
  • 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 42.06%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-17.18%
GM growth 5YN/A
IONQ Yearly Profit, Operating, Gross MarginsIONQ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 2025 0 -1K -2K -3K -4K -5K

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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.
  • 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

  • An Altman-Z score of 2.87 indicates that IONQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • IONQ's Altman-Z score of 2.87 is fine compared to the rest of the industry. IONQ outperforms 75.00% of its industry peers.
  • 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 2.87
ROIC/WACCN/A
WACC8.61%
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 2025 0 200M -200M 400M

2.3 Liquidity

  • IONQ has a Current Ratio of 15.50. This indicates that IONQ is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of IONQ (15.50) is better than 94.44% of its industry peers.
  • IONQ has a Quick Ratio of 15.50. This indicates that IONQ is financially healthy and has no problem in meeting its short term obligations.
  • The Quick ratio of IONQ (15.50) is better than 94.44% of its industry peers.
Industry RankSector Rank
Current Ratio 15.5
Quick Ratio 15.5
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

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 159.74% over the past year.
  • Looking at the last year, IONQ shows a very strong growth in Revenue. The Revenue has grown by 201.85%.
  • Measured over the past years, IONQ shows a very strong growth in Revenue. The Revenue has been growing by 126.90% on average per year.
EPS 1Y (TTM)159.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%307.53%
Revenue 1Y (TTM)201.85%
Revenue growth 3Y126.9%
Revenue growth 5YN/A
Sales Q2Q%428.52%

3.2 Future

  • IONQ is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -32.12% yearly.
  • IONQ is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 70.70% yearly.
EPS Next Y-228.73%
EPS Next 2Y-73.49%
EPS Next 3Y-40.92%
EPS Next 5Y-32.12%
Revenue Next Year81.42%
Revenue Next 2Y72.47%
Revenue Next 3Y56.99%
Revenue Next 5Y70.7%

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 -1 -2

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Find the best growth stocksShow best growing peers

0

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 41.67, IONQ can be considered very expensive at the moment.
  • IONQ's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.13, IONQ is valued quite expensively.
  • The Forward Price/Earnings Ratio is negative for IONQ. No positive earnings are expected for the next year.
Industry RankSector Rank
PE 41.67
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

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 8 10

4.3 Compensation for Growth

  • A cheap valuation may be justified as IONQ's earnings are expected to decrease with -40.92% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-73.49%
EPS Next 3Y-40.92%

More info and screens

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

0

5. Dividend

5.1 Amount

  • No dividends for IONQ!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

IONQ INC

NYSE:IONQ (3/2/2026, 8:04:00 PM)

After market: 38.21 -0.13 (-0.34%)

38.34

-0.03 (-0.08%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)02-25
Earnings (Next)05-05
Inst Owners49.47%
Inst Owner Change9%
Ins Owners1.41%
Ins Owner Change0.71%
Market Cap14.06B
Revenue(TTM)130.02M
Net Income(TTM)-510.38M
Analysts80
Price Target76.38 (99.22%)
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)2
Avg EPS beat(2)364.45%
Min EPS beat(2)49.3%
Max EPS beat(2)679.6%
EPS beat(4)3
Avg EPS beat(4)152.41%
Min EPS beat(4)-152.31%
Max EPS beat(4)679.6%
EPS beat(8)5
Avg EPS beat(8)47.75%
EPS beat(12)6
Avg EPS beat(12)22%
EPS beat(16)8
Avg EPS beat(16)23.09%
Revenue beat(2)2
Avg Revenue beat(2)47.55%
Min Revenue beat(2)44.86%
Max Revenue beat(2)50.24%
Revenue beat(4)3
Avg Revenue beat(4)27.91%
Min Revenue beat(4)-1.21%
Max Revenue beat(4)50.24%
Revenue beat(8)7
Avg Revenue beat(8)22.04%
Revenue beat(12)11
Avg Revenue beat(12)19.54%
Revenue beat(16)13
Avg Revenue beat(16)15.92%
PT rev (1m)0%
PT rev (3m)-0.38%
EPS NQ rev (1m)-7.65%
EPS NQ rev (3m)-2.41%
EPS NY rev (1m)0%
EPS NY rev (3m)36.97%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)10.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)13.51%
Valuation
Industry RankSector Rank
PE 41.67
Fwd PE N/A
P/S 105.97
P/FCF N/A
P/OCF N/A
P/B 3.63
P/tB 12.89
EV/EBITDA N/A
EPS(TTM)0.92
EY2.4%
EPS(NY)-1.18
Fwd EYN/A
FCF(TTM)-0.83
FCFYN/A
OCF(TTM)-0.79
OCFYN/A
SpS0.36
BVpS10.57
TBVpS2.97
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.79
Profitability
Industry RankSector Rank
ROA -7.77%
ROE -13.43%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 42.06%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3Y-17.18%
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 20.02%
Cap/Sales 12.63%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 15.5
Quick Ratio 15.5
Altman-Z 2.87
F-Score4
WACC8.61%
ROIC/WACCN/A
Cap/Depr(3y)111.6%
Cap/Depr(5y)190.4%
Cap/Sales(3y)52.01%
Cap/Sales(5y)149.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)159.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%307.53%
EPS Next Y-228.73%
EPS Next 2Y-73.49%
EPS Next 3Y-40.92%
EPS Next 5Y-32.12%
Revenue 1Y (TTM)201.85%
Revenue growth 3Y126.9%
Revenue growth 5YN/A
Sales Q2Q%428.52%
Revenue Next Year81.42%
Revenue Next 2Y72.47%
Revenue Next 3Y56.99%
Revenue Next 5Y70.7%
EBIT growth 1Y-172.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year28.39%
EBIT Next 3Y14.27%
EBIT Next 5Y17.97%
FCF growth 1Y-131.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-167.96%
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.