IonQ, Inc. (IONQ)
Information Technology · Quantum computing · NYSE
IonQ is the world's first quantum platform company delivering quantum computing, networking, sensing, and security solutions via cloud and on-premises systems.
What IonQ, Inc. does
IonQ is a quantum computing platform company that develops and sells specialized quantum computing hardware, quantum-computing-as-a-service (QCaaS) accessed through cloud platforms, and complementary quantum networking, sensing, and security products. The company provides access to quantum computers with varying qubit capacities through AWS Braket, Microsoft Azure Quantum, Google Cloud Marketplace, and its own cloud service, while also selling full quantum computing systems on-premises and offering data-as-a-service products including synthetic-aperture radar imaging via satellite.
Themes: ["Quantum computing","Quantum-as-a-service","Fault-tolerant quantum computing","Quantum infrastructure","Quantum sensing","Quantum security","Cloud-based quantum computing","Satellite data services"]
Fundamentals
- Price$42.86 as of 2026-07-10 close
- Market cap$16.0B as of 2026-07-12
- 1-year return-6.7% as of 2026-07-10 close
- P/E48.89 as of 2026-07-12
- Net margin+174.9% as of 2026-07-12
- Gross margin+36.1% as of 2026-07-12
- ROE+10.7% as of 2026-07-12
- Debt / equity0.00 as of 2026-07-12
- Revenue growth (YoY)+334.6% as of 2026-07-12
- Revenue CAGR (3y)+126.9% SEC XBRL
- Beta3.33 as of 2026-07-12
Key risks (from latest filing)
["Early commercial stage with accumulated deficit of $1.2 billion as of December 31, 2025; company expects to continue incurring significant losses while prioritizing technical milestones for qubit performance and logical qubit development","Dependent on quantum technology adoption and market acceptance; many classes of problems that could drive quantum advantage remain theoretical or unproven at commercial scale","Significant warrant liabilities ($1.4 billion as of March 31, 2026) that could create accounting volatility and future dilution depending on stock price movements"]
Competitors & peers
- IBM Quantum
- Google Quantum AI
- Microsoft Azure Quantum
- Rigetti Computing
- D-Wave Systems
- Atom Computing
Fundamentals: Finnhub, as of 2026-07-12. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.