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) P/E ratio
IonQ, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 1,802× (May 2026) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 721× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 18 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| QUBT Quantum Computing Inc. compare | n/m |
| RGTI Rigetti Computing, Inc. compare | n/m |
| QBTS D-Wave Quantum Inc. compare | n/m |
| IONQ IonQ, Inc. | n/m |
| HPQ HP Inc. compare | 11.3× |
| SMCI Super Micro Computer, Inc. compare | 11.7× |
| WDC Western Digital Corporation compare | 14.7× |
| LOGI Logitech International S.A. compare | 17.9× |
| P Everpure, Inc. compare | 203× |
| Computer Hardware industry median | 19.1× |
| Technology sector median | 30.1× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)