Search IONQ-WT
IonQ, Inc.
NYSE · CIK 1824920
Last close33.55
Daily change-0.45 (-1.32%)
10 Years gain+0.69%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
IONQ-WT · STANDARD
SIC 7373 · Services-Computer Integrated Systems Design · Fiscal year end 1231
Fundamental
56.4Momentum
100.0Acceleration
100.0Confidence
69.0Annual Revenue6
Quarterly Revenue20
Annual CFO6
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth25.0 / 25
Quality11.4 / 25
Capital Efficiency0.0 / 20
Balance Sheet15.0 / 15
Shareholder Economics0.0 / 10
Forward Indicators5.0 / 5
Signals
Operating leverageOperating margin improved by 135.4233 percentage points.
Net debt reductionNet debt declined versus the comparison period.
Warnings
Receivables anomaly · MEDIUMAccounts receivable growth is materially above revenue growth.
Gross margin compression · MEDIUMGross margin compressed by 26.4313 percentage points.
Heavy share dilution · HIGHDiluted share count increased 60.7195%.
Possible growth trap · HIGHRevenue growth is high, but quality indicators are deteriorating.
Key Metrics
Revenue Growth TTM427.31%OK
Revenue CAGR 3Y126.89%OK
Gross Margin-28.1%OK
Operating Margin-457.02%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC-107.02%OK
Incremental Operating Margin 3Y-440.72%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y60.72%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $130.02M | -$29.48M | -$633.72M | -$283.19M | -$299.60M | -22.67% | -487.41% | -230.44% | -69.01% | 280.35M |
| 2025 FY Dec 31, 2024 | $43.07M | $3.82M | -$232.46M | -$105.68M | -$123.68M | 8.87% | -539.68% | -287.13% | -212.15% | 213.03M |
| 2025 FY Dec 31, 2023 | $22.04M | $3.56M | -$157.75M | -$78.81M | -$92.51M | 16.15% | -715.7% | -419.72% | -72.89% | 202.58M |
| 2024 FY Dec 31, 2022 | $11.13M | $2.58M | -$85.75M | -$44.70M | -$54.03M | 23.21% | -770.34% | -485.44% | -48.18% | 197.73M |
| 2022 FY Dec 31, 2021 | $2.10M | -$1.49M | -$38.69M | -$26.54M | -$34.32M | -70.94% | -1,843.12% | -1,635.06% | -70.79% | 137.61M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $205.28M | sum latest 4 fiscal quarters Revenue | OK | 0001193125-26-341001, 0001193125-25-266942 |
| Revenue Growth TTM | 427.31% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001193125-26-341001, 0001193125-25-266942 |
| Revenue CAGR 3Y | 126.89% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001193125-26-071562 |
| Revenue CAGR 5Y | n/a | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | INSUFFICIENT_HISTORY | 0001193125-26-071562 |
| Gross Profit CAGR 3Y | n/a | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | INSUFFICIENT_HISTORY | 0001193125-26-071562 |
| Operating Income Growth | n/a | OperatingIncome_current / OperatingIncome_prior_year - 1 | INSUFFICIENT_HISTORY | 0001193125-26-341001, 0001193125-25-266942 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | -28.1% | Gross Profit / Revenue | OK | 0001193125-26-341001, 0001193125-25-266942 |
| Operating Margin | -457.02% | Operating Income / Revenue | OK | 0001193125-26-341001, 0001193125-25-266942 |
| ROIC | -107.02% | NOPAT / Average Invested Capital | OK | 0001193125-26-341001, 0001193125-25-266942 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001193125-26-341001 |
| Current Ratio | 10.66x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $0.56 | Revenue / Diluted Shares | OK | 0001193125-26-341001, 0001193125-25-266942 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |