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.
- Revenue
- +336.0%
- EPS
- +139.7%
- Free cash flow
- −142.4%
Quarter to September 2026, against a year earlier
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IonQ, Inc. (IONQ) P/B ratio
As of 5 November 2026, IonQ, Inc. (IONQ) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 1.1× (December 2022) to 285× (September 2021); the current reading is higher than 20% of that period. That is above the Computer Hardware industry median of 1.6× and below the Technology sector median of 2.5×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 3.3× | (85.77%) |
| FY2024 | 23.2× | 356.40% |
| FY2023 | 5.1× | 321.85% |
| FY2022 | 1.2× | (69.02%) |
| FY2021 | 3.9× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 3.4× | (42.15%) |
| Jun 2026 | 5.9× | 182.82% |
| Mar 2026 | 2.1× | (37.15%) |
| Dec 2025 | 3.3× | (58.34%) |
| 19 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| HPQ HP Inc. compare | n/m |
| IQMX IQM Quantum Computers Oyj compare | n/m |
| SMCI Super Micro Computer, Inc. compare | 1.5× |
| IONQ IonQ, Inc. | 2.1× |
| QBTS D-Wave Quantum Inc. compare | 3.1× |
| CRCT Cricut, Inc. compare | 4.8× |
| RGTI Rigetti Computing, Inc. compare | 6.1× |
| LOGI Logitech International S.A. compare | 6.5× |
| P Everpure, Inc. compare | 20.5× |
| Computer Hardware industry median | 1.6× |
| Technology sector median | 2.5× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on IONQ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement