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NYSE · US · Computer Hardware

IONQ IonQ

Trapped-ion quantum computers

Downtrend Trading below its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$31.15
−0.38% today
1W
+1.2%
1M
−31.5%
3M
−8.1%
YTD
−30.6%
1Y
−48.3%
Off 52w high
−56.8%
Next earnings (est.): 2026-11-05
Market cap$12.67B
P/E (trailing)—Forward -23.3
EV / sales39.8×EV/EBITDA -12.4×
Revenue (TTM)$246MGrowth 286.8% y/y
Margins30.9%gross · op -408.2%
Free cash flow-$87.77MCash $2.12B · debt $54.50M
Analyst target$64.06+105.7% upside · 14 analysts · strong buy
Riskβ 3.36Short 10.1% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

IONQ · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-05EarningsMiss / cut

    Reported EPS -5.08 vs -0.6 expected (-748.6% surprise).

  2. 7
    2026-05-06EarningsMiss / cut

    Reported EPS -0.34 vs -0.24 expected (-38.9% surprise).

  3. 6
    2026-02-25EarningsBeat / raise

    Reported EPS 1.93 vs -0.47 expected (+508.5% surprise).

  4. 5
    2025-11-05EarningsMiss / cut

    Reported EPS -3.58 vs -0.44 expected (-713.6% surprise).

  5. 4
    2025-08-06EarningsMiss / cut

    Reported EPS -0.14 vs -0.14 expected (-2.9% surprise).

  6. 3
    2025-05-07EarningsMiss / cut

    Reported EPS -0.16 vs -0.14 expected (-13.0% surprise).

  7. 2
    2025-02-26EarningsMiss / cut

    Reported EPS -0.93 vs -0.25 expected (-272.0% surprise).

  8. 1
    2024-11-06EarningsMiss / cut

    Reported EPS -0.24 vs -0.23 expected (-5.9% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-05-0.6-5.08−748.6%
2026-05-06-0.24-0.34−38.9%
2026-02-25-0.471.93+508.5%
2025-11-05-0.44-3.58−713.6%
2025-08-06-0.14-0.14−2.9%
2025-05-07-0.14-0.16−13.0%
2025-02-26-0.25-0.93−272.0%
2024-11-06-0.23-0.24−5.9%
2024-08-07-0.22-0.18+18.2%
2024-05-08-0.25-0.19+24.0%
2024-02-28-0.18-0.2−9.9%
2023-11-08-0.1-0.18−87.5%
2023-08-10-0.08-0.14−67.9%
2023-05-11-0.09-0.12−31.8%
2023-03-30-0.13-0.09+30.8%
2022-11-14-0.08-0.12−43.9%
2022-08-15-0.1-0.01+90.2%
2022-05-16-0.06-0.09−50.2%
2022-03-28-0.1-0.06+44.0%
2021-11-15-0.08-0.09−9.1%

About IonQ

Website ↗

IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally. It sells access to quantum computers of various qubit capacities. The company also makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS), Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. The company engages in quantum-safe communications and quantum detection systems. It provides contracts associated with the design, development, construction, and sale of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. In addition, it provides semiconductor manufacturing services. The company has a collaboration agreement with University of Chicago. The company was founded in 2015 and …

1,132 employees · College Park, United States

Qubits need dilution refrigerators, helium-3, precision lasers and control electronics — all small, specialised supply chains.

Cryogenics→Qubits→Control→Algorithms

What would prove us wrong. Strengthens if error-corrected logical qubits scale on public roadmaps.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
RGTI
Rigetti Computing
Superconducting quantum computers $11.52−0.04%−30.9%−48.0%
QBTS
D-Wave Quantum
Quantum annealing systems $11.65−0.09%−33.1%−55.5%
IBM
IBM
Superconducting quantum roadmap $252.4−0.45%+11.9%−13.1%
HON
Honeywell
Majority owner of Quantinuum $219.8−0.60%+3.4%+8.9%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.