Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Sales and marketing

General and administrative

Depreciation and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

IonQ

IonQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information processing. The company was founded by Christopher Monroe and Jung Sang Kim in 2015 and is headquartered in College Park, MD.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

IonQ exceeds revenue targets, eyes quantum computing market leadership

IonQ's strong financial performance, strategic partnerships, and technological advancements position the company for continued growth and success in the quantum computing industry.
While facing challenges in profitability and revenue targets, IonQ's focus on innovation and expansion presents opportunities for market leadership and revenue growth.
Overall, IonQ's trajectory indicates a promising outlook with a clear strategic vision and a commitment to driving advancements in quantum computing technology.

IonQ surpasses revenue expectations and advances quantum computing capabilities

IonQ's Q1 2023 earnings call highlighted impressive financial and technical accomplishments, setting a positive tone for future growth.
With a robust cash position, increased revenue outlook, and strategic collaborations, IonQ is well-positioned for success in the quantum computing market.
While facing challenges in achieving future technical goals and maximizing revenue from system sales, IonQ has opportunities to leverage their strengths for continued growth and innovation.

IonQ exceeds revenue expectations, accelerates sales, and expands market presence

IonQ's Q2 2023 performance reflects strong revenue growth, technological advancements, and strategic partnerships driving market expansion.
While facing challenges in profitability and market competition, IonQ's ambitious roadmap and sales acceleration efforts position the company for future success.
With raised bookings guidance, expanding revenue outlook, and ongoing operational developments, IonQ is poised to capitalize on growth opportunities in the quantum computing sector.
By focusing on innovation, market expansion, and operational efficiency, IonQ aims to solidify its position as a leading provider of quantum computing solutions in the global market.

IonQ reports robust revenue growth and strategic partnerships in Q3

IonQ's Q3 2023 performance reflects strong revenue growth and strategic advancements, positioning the company for future success.
While facing financial challenges and technical hurdles, IonQ's focus on innovation, key partnerships, and executive talent bode well for its long-term prospects.
With a solid financial position, expanding product portfolio, and increased revenue outlook, IonQ is poised to capitalize on market opportunities and drive growth.

IonQ exceeds revenue projections, poised for quantum computing innovation

IonQ's strong Q4 performance and annual bookings showcase growth potential. Despite financial losses, IonQ's well-funded position and expansion plans position it for future opportunities. The company's focus on advancing quantum computing hardware and exploring new applications highlights its commitment to innovation.

IonQ surpasses revenue targets, eyes quantum applications for growth

IonQ's Q1 2024 performance exceeded revenue guidance but faced high operating costs.
The company is optimistic about bookings growth and identifying quantum computing applications.
Challenges include significant EBITDA losses, requiring a focus on revenue generation.
Expanding team and facilities position IonQ for growth in diverse application areas.

IonQ surpasses revenue targets, advances quantum capabilities amid financial challenges

IonQ's Q2 2024 performance exceeded expectations, showcasing revenue growth and technical advancements.
While facing financial challenges, IonQ's strengths in innovation and revenue diversification provide a foundation for future success.
The company's opportunities lie in market expansion, technological progress, and financial resilience, positioning IonQ for long-term growth.
Overall, IonQ's strategic moves and strong financial position signal a promising outlook in the quantum computing industry.

IonQ surpasses revenue targets, expands partnerships for quantum market leadership

IonQ's Q3 performance exceeded expectations with strong revenue growth and new contract wins, positioning the company for future success.
Strategic partnerships and acquisitions bolster IonQ's capabilities in quantum technology and networking, paving the way for market leadership.
While facing challenges in profitability and market transition, IonQ's focus on sustainable growth and innovation presents opportunities for long-term success.

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Cost of revenue

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SG&A

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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

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Cash from investing

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Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Taiwan Semiconductor Manufacturing

In recent years, the influence of quantum computing has become increasingly evident. Wall Street has taken note of this powerful technology, which harnesses the principles of superposition to achieve speeds beyond that of traditional computers.

The 3 Most Promising Quantum Computing Stocks to Buy in February

COLLEGE PARK, Md.--( BUSINESS WIRE )--Today, IonQ (NYSE: IONQ), a quantum computing industry leader, announced its participation at the two-day Northwest Quantum Nexus (NQN) Summit at the University of Washington's Seattle campus from January 23-24, where the company will present to the Pacific Northwest's top quantum computing professionals and educators and host a hackathon in partnership with Microsoft. The NQN Summit brings together speakers from industry, academia, and government to advance the science, workforce development, and economic impact of quantum computing.

IonQ Announces Key Involvement at Seattle's Northwest Quantum Nexus Summit 2023, Shares Vision for New Seattle-Area Campus

Evidently, some U.S. politicians are prioritizing domestic tech production and that's good news for IonQ (NYSE: IONQ ). A fresh news report revealed that IonQ plans to build the United States' first quantum computing manufacturing facility.

Why Is IONQ Stock Up 8% Today?

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ, Inc. (NYSE: IONQ), an industry leader in quantum computing, today announced plans to open the first known dedicated quantum computing manufacturing facility in the U.S., located in the suburbs of Seattle, Washington. The new facility will house IonQ's growing R&D and manufacturing teams, as they develop systems to meet continued customer demand. With public support from U.S. Senator Patty Murray (D-WA) — an early proponent of the CHIPS and Science Act — and Congresswoman Suzan DelBene, U.S. representative from Washington's 1st congressional district, today's announcement is part of IonQ's broader intent to invest $1 billion through expansion in the Pacific Northwest over the next 10 years.

IonQ to Open First Quantum Computing Manufacturing Facility in the U.S., Supported by the U.S. Congressional Delegation From Washington State

Maryland-based IonQ says it's opening a 65,000-square foot research and manufacturing facility in Bothell, Wash.

IonQ will open quantum computer factory in the Seattle area and plans to invest $1B

Alphabet

These stocks offer significant quantum computing exposure and growth potential.

3 Quantum Computing Stocks That Could Go Parabolic

IonQ, the trapped ion quantum computing company that went public via a SPAC in late 2021, today announced that it has acquired Entangled Networks, a Toronto-based startup that helps industrial and academic users build and optimize multi-quantum-processor solutions, using specialized networking techniques. The two companies did not disclose the price of the acquisition.

IonQ acquires quantum networking specialist Entagled Neworks

COLLEGE PARK, Md. & TORONTO--( BUSINESS WIRE )--Today, IonQ, Inc. (NYSE: IONQ), announced its acquisition of the operating assets of Entangled Networks Ltd. (“Entangled Networks”), a Toronto-based company focused on enabling computation across multiple distributed quantum processors. As part of the transaction, the Entangled Networks team will join IonQ to launch IonQ Canada, strengthening IonQ's already growing international presence. Entangled Networks, previously funded by investors like OurCrowd, marks IonQ's first corporate acquisition, demonstrating ongoing market and industry leadership.

Networked Quantum Computers: IonQ Acquires Assets of Entangled Networks

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced two new additions to the company with the hiring of Rima Alameddine as IonQ's Chief Revenue Officer (CRO), and the appointment of Wendy Thomas, President and CEO of Secureworks, to the IonQ Board of Directors.

IonQ Announces Rima Alameddine as New Chief Revenue Officer, Appoints Wendy Thomas, President and CEO of Secureworks, to Board of Directors

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ, Inc. (NYSE: IONQ), a leader in quantum computing, today announced that Thomas Kramer, Chief Financial Officer, and Jordan Shapiro, Vice President of FP&A and Head of Investor Relations, will participate in a fireside chat at the 25th Annual Needham Growth Conference at the Lotte New York Palace Hotel on Wednesday, January 11, 2023. The Company's discussion will begin at 8:45 AM ET and the webcast link will be available on our Company's website here, or directly here.

IonQ Announces Participation in 25th Annual Needham Growth Conference

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced the next stages of its partnership with Hyundai Motor Company to develop the vehicles of the future. Hyundai Motor Company and IonQ will work to develop on IonQ's quantum computers machine vision algorithms capable of conducting object detection on three dimensional data from autonomous vehicles. Additionally, the two companies will utilize IonQ's industry-leading quantum computers to simulate electrochemical reactions of varying metal catalysts. The new projects build upon previous work between the two companies and further the role quantum computers have in developing the smart, environmentally friendly vehicles of the future.

IonQ and Hyundai Motor Company Expand Quantum Computing Partnership, Continuing Pursuit of Automotive Innovation

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced that its scientific leadership team will be presenting results from its advanced battery chemistry model project with Hyundai Motor Company at the Q2B conference in Santa Clara, CA, December 6-8, 2022. The results showcase the advantages of quantum computing in studying lithium compounds involved in next-generation electric vehicle battery chemical reactions, and how quantum is an effective tool for chemistry simulation. The full research paper is available to view on arXiv at https://arxiv.org/abs/2212.02482. Additionally, IonQ will be providing an update on its separate machine learning and image recognition project with Hyundai Motor Company, as well as announcing IonQ Forte's availability for Hyundai Motor Company and Airbus.

IonQ to Present EV Research Results, Latest Quantum System Availability for Hyundai Motor Company and Airbus at Q2B 2022

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced its participation at Quantum World Congress 2022, taking place November 29 - December 1. Quantum researchers, innovators, technology developers, legislators, and industry experts, will all gather in Washington, D.C. for the multi-day event to present and discuss the latest trends and achievements in the growing quantum industry.

IonQ to Highlight Federal Adoption of Quantum Technologies at Quantum World Congress 2022

Quantum is the future and the market opportunity is huge. IonQ's trapped ion approach sets it apart from peers.

IonQ: Building The Technology To Address The Need For Quantum Computing

IonQ has already established the performance leadership of its quantum computers and has among the highest fidelities in the industry. Founded by leading QC scientists, the company benefits from their research and funding.

IonQ, Inc.: One Of The Best Bets On Quantum Computing

IonQ, Inc. (NYSE:IONQ ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Jordan Shapiro - IR Peter Chapman - President, CEO & Director Thomas Kramer - CFO Jungsang Kim - Co-Founder & Chief Technology Officer Christopher Monroe - Chief Scientist Conference Call Participants Quinn Bolton - Needham & Company David Williams - The Benchmark Company Richard Shannon - Craig-Hallum Kevin Garrigan - WestPark Capital Operator Greetings, and welcome to IonQ's Inc. Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

IonQ, Inc. (IONQ) Q3 2022 Earnings Call Transcript

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ (NYSE: IONQ), a leader in quantum computing, today announced financial results for the quarter ended September 30, 2022. “The third quarter represented an important inflection point in business momentum for IonQ,” said Peter Chapman, President and CEO of IonQ.

IonQ Announces Third Quarter 2022 Financial Results

COLLEGE PARK, Md.--( BUSINESS WIRE )--IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced its participation at Super Compute 2022 (SC22). The multi-day event will take place in Dallas, Texas, on November 13-18, 2022, and feature joint IonQ presentations and demos with quantum researchers, scientists and executives from Dell Technologies and Amazon. Onsite attendees can visit IonQ, Dell Technologies and Amazon's booths to hear the latest developments on hybrid quantum computing and real-world quantum use-cases.

IonQ to Present End-to-End Quantum Computing Solutions at SC22

IonQ Chief Scientist to Present at Bank of America AI/Disruptive Technology Conference

IonQ to Report Third Quarter 2022 Financial Results on November 14, 2022

Defiance Quantum ETF

Quantum Computing

Quantum computing sleeper stocks may offer game-changing investment opportunities. In fact, according to SkyQuest, the “global quantum computing market was valued at $490.51 million in 2021, and it is expected to reach a value of $2.93 billion by 2028, at a CAGR of 30.70% over the forecast period (2022–2028).

3 Quantum Computing Sleeper Stocks to Buy Before Wall Street Wakes Up

Marvell Technology

ExlService Holdings

The following tech companies have seen their quarterly revenue and net income improve significantly on a year-over-year basis, attracting the interest of growth-focused investors. Furthermore, sell-side analysts on Wall Street have issued positive recommendation ratings for these stocks, suggesting they expect better market valuations in the future.

A Trio of Tech Stocks for Growth-Focused Investors

Microsoft

NVIDIA

Rigetti Computing

What will be the next big thing in technology? Some futurists have made the case for quantum computing stocks.

The Next Big Thing in Tech? 7 Quantum Computing Stocks to Bet On.

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced that it has secured a $13.4 million contract to supply the U.S. Air Force Research Lab (AFRL) with access to its trapped ion systems for quantum computing hardware research and for the development of quantum algorithms and applications. Quantum computing, systems and applications have the potential to help the U.S. Air Force protect both public and private infrastructure in the United

IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab

Amazon

Honeywell

D-Wave Quantum Inc

Possibly the greatest development in the broader digitalization sphere, quantum computers feature the potential to change everything we know about machine-driven calculations, thus auguring very well for cheap quantum computing stocks. Essentially, the transition is the rough equivalent of a combustion car versus an electric vehicle.

News for IonQ Stock (IONQ)