IonQ Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Public

  • Employees
  • 407

Employees

  • Stock Symbol
  • IONQ

Stock Symbol

  • Investments
  • 4

  • Share Price
  • $25.56
  • (As of Tuesday Closing)

IonQ General Information

Description

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.

Contact Information

Website
www.ionq.com
Formerly Known As
dMY Technology Group
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 4505 Campus Drive
  • College Park, MD 20740
  • United States
+1 (301)
Primary Industry
Computers, Parts and Peripherals
Stock Exchange
NYS
Vertical(s)
Manufacturing, TMT
Corporate Office
  • 4505 Campus Drive
  • College Park, MD 20740
  • United States
+1 (301)

IonQ Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

IonQ Stock Performance

As of 22-Apr-2025, IonQ’s stock price is $25.56. Its current market cap is $6.11B with 239M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$25.56 $24.03 $6.22 - $54.74 $6.11B 239M 19.1M -$1.56

IonQ Financials Summary

As of 31-Dec-2024, IonQ has a trailing 12-month revenue of $43.1M.

In Thousands,
USD 		TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 8,755,227 8,755,227 2,297,610 401,553
Revenue 43,073 43,073 22,042 11,131
EBITDA (331,137) (331,137) (166,645) (50,000)
Net Income (331,647) (331,647) (157,771) (48,511)
Total Assets 508,388 508,388 553,580 597,992
Total Debt 17,725 17,725 8,105 4,050
Public Fundamental Data provided by Morningstar, Inc. disclaimer

IonQ Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

This information is available in the PitchBook Platform. To explore IonQ‘s full profile, request access.

Request a free trial

IonQ Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion
Price		 % Owned

This information is available in the PitchBook Platform. To explore IonQ‘s full profile, request access.

Request a free trial

IonQ Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and
Computers, Parts and Peripherals
College Park, MD
407 As of 2024

Palo Alto, CA
 

Round Rock, TX
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

IonQ Competitors (9)

One of IonQ’s 9 competitors is D-Wave, a Formerly VC-backed company based in Palo Alto, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
D-Wave Formerly VC-backed Palo Alto, CA
Dell Technologies Formerly PE-Backed Round Rock, TX
PsiQuantum Venture Capital-Backed Palo Alto, CA
Rigetti Computing Formerly VC-backed Berkeley, CA
Intel Formerly VC-backed Santa Clara, CA
You’re viewing 5 of 9 competitors. Get the full list »

IonQ Patents

  • 335

    Total Documents Applications and Grants

  • Total Patents Families

  • 188

    Granted

  • 146

    Pending

  • Expiring in next 12 mo

IonQ Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250124322-A1 System and method for background-free qubit state measurement Pending 11-Oct-2023
US-20250117680-A1 Tensor network based efficient quantum data loading of images Pending 04-Oct-2023
US-20250103936-A1 Systems and methods for switchable fiber-based ion addressing scheme Pending 26-Sep-2023
US-20250091163-A1 Photonic integrated circuit chip facet preparation via laser-based dicing Pending 19-Sep-2023
US-20250085644-A1 Methods and apparatuses for microfabrication and laser writing alignment Pending 13-Sep-2023 G03F9/708
To view IonQ’s complete patent history, request access »

IonQ Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

IonQ Acquisitions (4)

IonQ’s most recent deal was a Merger/Acquisition with ID Quantique for . The deal was made on 26-Feb-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ID Quantique 26-Feb-2025 Merger/Acquisition Network Management Software
Qubitekk 06-Jan-2025 Merger/Acquisition Connectivity Products
Entangled Networks 30-Dec-2022 Merger/Acquisition Computers, Parts and Peripherals
dMY Technology Group III 30-Sep-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
To view IonQ’s complete acquisitions history, request access »

IonQ ESG

Risk Overview

Risk Rating

Updated December, 21, 2023

20.03 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,109

Rank

Percentile

Technology Hardware

Industry

of 634

Rank

Percentile

Technology Hardware

Subindustry

of 116

Rank

Percentile

To view IonQ’s complete esg history, request access »

IonQ FAQs

  • When was IonQ founded?

    IonQ was founded in 2015.

  • Where is IonQ headquartered?

    IonQ is headquartered in College Park, MD.

  • What is the size of IonQ?

    IonQ has 407 total employees.

  • What industry is IonQ in?

    IonQ’s primary industry is Computers, Parts and Peripherals.

  • Is IonQ a private or public company?

    IonQ is a Public company.

  • What is IonQ’s stock symbol?

    The ticker symbol for IonQ is IONQ.

  • What is the current stock price of IonQ?

    As of 22-Apr-2025 the stock price of IonQ is $25.56.

  • What is the current market cap of IonQ?

    The current market capitalization of IonQ is $6.11B.

  • What is IonQ’s current revenue?

    The trailing twelve month revenue for IonQ is $43.1M.

  • Who are IonQ’s competitors?

    D-Wave, Dell Technologies, PsiQuantum, Rigetti Computing, and Intel are some of the 9 competitors of IonQ.

  • What is IonQ’s annual earnings per share (EPS)?

    IonQ’s EPS for 12 months was -$1.56.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »