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

32.02 5.59 +21.15%
Market cap
$11.4B
P/E
40.8×
Fwd P/E
−7.5×
Dividend yield
—
F-score
4/9
Altman Z
2.63
Beneish M
1.69
Dividend safety
n/a

IonQ, Inc. (IONQ) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, IonQ, Inc. (IONQ) trades at a P/S ratio of 27.5×. Over the past ten years it has ranged from 0.0× (December 2021) to 1,145× (January 2022); the current reading is higher than 17% of that period. That is above the Computer Hardware industry median of 2.3× and above the Technology sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 96.8× (53.17%)
FY2024 207× 84.85%
FY2023 112× 81.83%
FY2022 61.5× (94.39%)
FY2021 1,095× —

Quarterly newest first

Period P/S ratio Change
Sep 2026 44.8× (43.61%)
Jun 2026 79.4× 43.70%
Mar 2026 55.3× (42.86%)
Dec 2025 96.8× (57.36%)
19 more quarters

Against its own ten years

Low 0.0× High 1,145×
Ten-year median 102×
Current reading's percentile 0

P/S ratio against peers

Company P/S ratio
IQMX IQM Quantum Computers Oyj compare n/m
SMCI Super Micro Computer, Inc. compare 0.3×
HPQ HP Inc. compare 0.5×
CRCT Cricut, Inc. compare 2.7×
LOGI Logitech International S.A. compare 2.8×
P Everpure, Inc. compare 7.4×
IONQ IonQ, Inc. 27.5×
RGTI Rigetti Computing, Inc. compare 247×
QBTS D-Wave Quantum Inc. compare 272×
Computer Hardware industry median 2.3×
Technology sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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