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IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
2020
407
LTM Revenue $55.3M
LTM EBITDA -$112M
$5.7B
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IonQ has a last 12-month revenue of $55.3M and a last 12-month EBITDA of -$112M.
In the most recent fiscal year, IonQ achieved revenue of $43.1M and an EBITDA of -$214M.
IonQ expects next 12-month revenue of XXX and NTM EBITDA of XXX
See IonQ valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $22.0M | $43.1M | XXX | XXX | XXX |
| Gross Profit | $8.2M | $13.9M | XXX | XXX | XXX |
| Gross Margin | 37% | 32% | XXX | XXX | XXX |
| EBITDA | -$147M | -$214M | XXX | XXX | XXX |
| EBITDA Margin | -669% | -496% | XXX | XXX | XXX |
| Net Profit | -$48.5M | -$158M | XXX | XXX | XXX |
| Net Margin | -220% | -366% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, IonQ's stock price is $25.
IonQ has current market cap of $6.1B, and EV of $5.7B.
See IonQ trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5.7B | $6.1B | XXX | XXX | XXX | XXX | $-1.44 |
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Sign UpAs of April 15, 2025, IonQ has market cap of $6.1B and EV of $5.7B.
IonQ's trades at 103.8x LTM EV/Revenue multiple, and -51.1x LTM EBITDA.
Analysts estimate IonQ's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for IonQ and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $5.7B | XXX | XXX | XXX |
| EV/Revenue | 133.1x | XXX | XXX | XXX |
| EV/EBITDA | -26.8x | XXX | XXX | XXX |
| P/E | -18.3x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -44.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpIonQ's NTM/LTM revenue growth is 99%
IonQ's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $0.6M for the same period.
Over next 12 months, IonQ's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate IonQ's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for IonQ and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 95% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -496% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 45% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -397% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.6M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 66% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 165% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 318% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 592% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Dropsuite | XXX | XXX | XXX | XXX | XXX | XXX |
| Netweb Technologies India | XXX | XXX | XXX | XXX | XXX | XXX |
| Logicom Group | XXX | XXX | XXX | XXX | XXX | XXX |
| ParTec | XXX | XXX | XXX | XXX | XXX | XXX |
| VSTECS Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
IonQ acquired XXX companies to date.
Last acquisition by IonQ was XXXXXXXX, XXXXX XXXXX XXXXXX . IonQ acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was IonQ founded? | IonQ was founded in 2020. |
| Where is IonQ headquartered? | IonQ is headquartered in United States of America. |
| How many employees does IonQ have? | As of today, IonQ has 407 employees. |
| Who is the CEO of IonQ? | IonQ's CEO is Mr. Niccolo de Masi. |
| Is IonQ publicy listed? | Yes, IonQ is a public company listed on NYS. |
| What is the stock symbol of IonQ? | IonQ trades under IONQ ticker. |
| When did IonQ go public? | IonQ went public in 2021. |
| Who are competitors of IonQ? | Similar companies to IonQ include e.g. Dropsuite, Netweb Technologies India, Logicom Group, ParTec. |
| What is the current market cap of IonQ? | IonQ's current market cap is $6.1B |
| What is the current revenue of IonQ? | IonQ's last 12-month revenue is $55.3M. |
| What is the current EBITDA of IonQ? | IonQ's last 12-month EBITDA is -$112M. |
| What is the current EV/Revenue multiple of IonQ? | Current revenue multiple of IonQ is 103.8x. |
| What is the current EV/EBITDA multiple of IonQ? | Current EBITDA multiple of IonQ is -51.1x. |
| What is the current revenue growth of IonQ? | IonQ revenue growth between 2023 and 2024 was 95%. |
| Is IonQ profitable? | Yes, IonQ is EBITDA-positive (as of the last 12 months). |
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