IonQ, Inc. (IONQ) Stock Analysis

Company Overview

The market values IonQ, Inc. (IONQ) at $16.01B. It is classified in the Computer Hardware industry, within the Technology sector. The company reports 1,132 employees.

The 52-week range on file runs from $25.89 to $84.64. The most recent close on file for IONQ is $39.52, dated September 4, 2026. That is +$0.50 (+1.28%) against the previous close. The latest close sits 52.65% above that 52-week low.

Financial Health

In fiscal 2025, IonQ, Inc. reported revenue of $130.02M. Against the prior fiscal year total of $43.07M, that is a change of +201.85%. The same year closed with a net loss of $510.38M. The reported profit margin is 0%. Earnings per share on a trailing basis come to −3.87.

Across the 4 fiscal years on file, revenue moves from $11.13M in 2022 to $130.02M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The price-to-sales ratio is 64.96. On price-to-sales that is 19.7 times the Computer Hardware median of 3.29. The medians here are taken across 47 Computer Hardware companies that report the metric.

The reported beta is 3.3. Daily returns over the trailing 5 years annualize to a volatility of 102.08%. Over the trailing twelve months the price has returned −6.15%. Measured over 5 years, that is +31.69% a year compounded.

Growth & Income

The record shows no dividend for IONQ.

So far in 2026 the price is −11.92%. The strongest complete calendar year on file is 2023 at +259.13%; the weakest is 2022 at −79.34%. Of the 5 complete calendar years on file, 4 finished higher.