IonQ, Inc.
IONQ Technology Computer Hardware
IonQ, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $130.0 million, up 201.9% from fiscal 2024. In the quarter to June 2026, revenue grew 286.8%, EPS fell 625.7% and free cash flow fell 110.8%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
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IonQ, Inc. (IONQ) EV/Sales
As of 9 October 2026, IonQ, Inc. (IONQ) trades at a EV/Sales of 50.9×. Over the past ten years it has ranged from 0.0× (December 2021) to 896× (January 2022); the current reading is higher than 30% of that period. That is above the Computer Hardware industry median of 2.8× and above the Technology sector median of 2.8×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 78.4× | (60.56%) |
| FY2024 | 199× | 107.76% |
| FY2023 | 95.6× | 224.19% |
| FY2022 | 29.5× | (96.51%) |
| FY2021 | 846× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 70.8× | 59.51% |
| Mar 2026 | 44.4× | (43.31%) |
| Dec 2025 | 78.4× | (63.27%) |
| Sep 2025 | 213× | 9.13% |
| 18 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| HPQ HP Inc. compare | 0.5× |
| SMCI Super Micro Computer, Inc. compare | 0.7× |
| LOGI Logitech International S.A. compare | 2.5× |
| WDC Western Digital Corporation compare | 10.7× |
| P Everpure, Inc. compare | 11.9× |
| IONQ IonQ, Inc. | 50.9× |
| RGTI Rigetti Computing, Inc. compare | 322× |
| QBTS D-Wave Quantum Inc. compare | 394× |
| QUBT Quantum Computing Inc. compare | 1,961× |
| Computer Hardware industry median | 2.8× |
| Technology sector median | 2.8× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)