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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and IonQ, Inc. (IONQ). Click either name above to swap in a different company.
IonQ, Inc. is the larger business by last-quarter revenue ($61.9M vs $44.3M, roughly 1.4× Better Home & Finance Holding Co). IonQ, Inc. runs the higher net margin — 1217.8% vs -3349.0%, a 4566.7% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 77.4%). IonQ, Inc. produced more free cash flow last quarter ($-83.3M vs $-167.8M).
Bajaj Finance Limited (BFL) is an Indian deposit-taking non-banking financial company (NBFC-UL) headquartered in Pune. It has 110.64 million customers and holds assets under management worth ₹462,250 crore (US$55 billion), as of September 2025.
IonQ, Inc. is an American quantum computing hardware and software company headquartered in College Park, Maryland. The company develops general-purpose trapped ion quantum computers and accompanying software to generate, optimize, and execute quantum circuits.
BETR vs IONQ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.3M | $61.9M |
| Net Profit | $-39.9M | $753.7M |
| Gross Margin | — | — |
| Operating Margin | -3376.8% | -369.4% |
| Net Margin | -3349.0% | 1217.8% |
| Revenue YoY | 77.4% | 428.5% |
| Net Profit YoY | 32.6% | 473.1% |
| EPS (diluted) | $-2.52 | $2.60 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $44.3M | $61.9M | ||
| Q3 25 | $43.9M | $39.9M | ||
| Q2 25 | $44.1M | $20.7M | ||
| Q1 25 | $32.6M | — | ||
| Q4 24 | $25.0M | $11.7M | ||
| Q3 24 | $29.0M | $12.4M | ||
| Q2 24 | $32.3M | $11.4M | ||
| Q1 24 | $22.3M | — |
| Q4 25 | $-39.9M | $753.7M | ||
| Q3 25 | $-39.1M | $-1.1B | ||
| Q2 25 | $-36.3M | $-176.8M | ||
| Q1 25 | $-50.6M | — | ||
| Q4 24 | $-59.2M | $-202.0M | ||
| Q3 24 | $-54.2M | $-52.5M | ||
| Q2 24 | $-41.4M | $-37.6M | ||
| Q1 24 | $-51.5M | — |
| Q4 25 | -3376.8% | -369.4% | ||
| Q3 25 | -88.9% | -423.5% | ||
| Q2 25 | -81.9% | -776.0% | ||
| Q1 25 | -154.9% | — | ||
| Q4 24 | -1428.3% | -661.9% | ||
| Q3 24 | -186.5% | -428.5% | ||
| Q2 24 | -127.6% | -430.0% | ||
| Q1 24 | -230.8% | — |
| Q4 25 | -3349.0% | 1217.8% | ||
| Q3 25 | -89.2% | -2646.3% | ||
| Q2 25 | -82.2% | -854.5% | ||
| Q1 25 | -155.3% | — | ||
| Q4 24 | -1437.5% | -1725.0% | ||
| Q3 24 | -187.0% | -423.4% | ||
| Q2 24 | -128.2% | -330.0% | ||
| Q1 24 | -231.4% | — |
| Q4 25 | $-2.52 | $2.60 | ||
| Q3 25 | $-2.56 | $-3.58 | ||
| Q2 25 | $-2.39 | $-0.70 | ||
| Q1 25 | $-3.33 | — | ||
| Q4 24 | $-3.92 | $-0.95 | ||
| Q3 24 | $-3.58 | $-0.24 | ||
| Q2 24 | $-2.74 | $-0.18 | ||
| Q1 24 | $-3.41 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $203.4M | $2.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $37.2M | $3.8B |
| Total Assets | $1.5B | $6.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.4M | $2.4B | ||
| Q3 25 | $205.8M | $1.1B | ||
| Q2 25 | $221.5M | $546.9M | ||
| Q1 25 | $228.0M | — | ||
| Q4 24 | $264.9M | $340.3M | ||
| Q3 24 | $262.1M | $365.7M | ||
| Q2 24 | $378.8M | $369.8M | ||
| Q1 24 | $482.6M | — |
| Q4 25 | $37.2M | $3.8B | ||
| Q3 25 | $41.9M | $2.3B | ||
| Q2 25 | $76.6M | $1.2B | ||
| Q1 25 | $-102.1M | — | ||
| Q4 24 | $-58.2M | $383.9M | ||
| Q3 24 | $388.0K | $435.7M | ||
| Q2 24 | $44.9M | $463.3M | ||
| Q1 24 | $76.3M | — |
| Q4 25 | $1.5B | $6.6B | ||
| Q3 25 | $1.4B | $4.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $913.1M | $508.4M | ||
| Q3 24 | $845.2M | $497.9M | ||
| Q2 24 | $957.9M | $517.4M | ||
| Q1 24 | $841.6M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-166.6M | $-74.5M |
| Free Cash FlowOCF − Capex | $-167.8M | $-83.3M |
| FCF MarginFCF / Revenue | -378.6% | -134.6% |
| Capex IntensityCapex / Revenue | 2.7% | 14.2% |
| Cash ConversionOCF / Net Profit | — | -0.10× |
| TTM Free Cash FlowTrailing 4 quarters | $-277.9M | $-307.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-166.6M | $-74.5M | ||
| Q3 25 | $4.2M | $-123.1M | ||
| Q2 25 | $-56.3M | $-52.6M | ||
| Q1 25 | $-57.2M | — | ||
| Q4 24 | $-380.0M | $-39.4M | ||
| Q3 24 | $-10.6M | $-19.2M | ||
| Q2 24 | $-220.6M | $-26.6M | ||
| Q1 24 | $-42.8M | — |
| Q4 25 | $-167.8M | $-83.3M | ||
| Q3 25 | $4.0M | $-127.2M | ||
| Q2 25 | $-56.7M | $-53.8M | ||
| Q1 25 | $-57.4M | — | ||
| Q4 24 | $-383.4M | $-43.0M | ||
| Q3 24 | $-11.7M | $-23.0M | ||
| Q2 24 | $-221.8M | $-34.1M | ||
| Q1 24 | $-43.3M | — |
| Q4 25 | -378.6% | -134.6% | ||
| Q3 25 | 9.1% | -319.1% | ||
| Q2 25 | -128.5% | -259.8% | ||
| Q1 25 | -176.3% | — | ||
| Q4 24 | -1534.6% | -367.4% | ||
| Q3 24 | -40.5% | -185.3% | ||
| Q2 24 | -687.6% | -299.3% | ||
| Q1 24 | -194.5% | — |
| Q4 25 | 2.7% | 14.2% | ||
| Q3 25 | 0.5% | 10.4% | ||
| Q2 25 | 0.9% | 5.8% | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 13.6% | 30.7% | ||
| Q3 24 | 4.1% | 30.4% | ||
| Q2 24 | 3.9% | 65.8% | ||
| Q1 24 | 2.1% | — |
| Q4 25 | — | -0.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BETR
Segment breakdown not available.
IONQ
| Other | $31.2M | 50% |
| Platform Consulting And Support Services | $30.7M | 50% |
