vs
Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and IonQ, Inc. (IONQ). Click either name above to swap in a different company.
SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $61.9M, roughly 1.2× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 8.7%, a 1209.1% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 10.6%).
Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.
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.
BFS vs IONQ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $61.9M |
| Net Profit | $6.5M | $753.7M |
| Gross Margin | — | — |
| Operating Margin | 65.4% | -369.4% |
| Net Margin | 8.7% | 1217.8% |
| Revenue YoY | 10.6% | 428.5% |
| Net Profit YoY | -19.6% | 473.1% |
| EPS (diluted) | $0.15 | $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 | $75.1M | $61.9M | ||
| Q3 25 | $72.0M | $39.9M | ||
| Q2 25 | $70.8M | $20.7M | ||
| Q1 25 | $71.9M | — | ||
| Q4 24 | $67.9M | $11.7M | ||
| Q3 24 | $67.3M | $12.4M | ||
| Q2 24 | $66.9M | $11.4M | ||
| Q1 24 | $66.7M | — |
| Q4 25 | $6.5M | $753.7M | ||
| Q3 25 | $10.5M | $-1.1B | ||
| Q2 25 | $10.7M | $-176.8M | ||
| Q1 25 | $9.8M | — | ||
| Q4 24 | $8.1M | $-202.0M | ||
| Q3 24 | $14.5M | $-52.5M | ||
| Q2 24 | $14.4M | $-37.6M | ||
| Q1 24 | $13.6M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 73.6% | — | ||
| Q2 24 | 74.2% | — | ||
| Q1 24 | 72.8% | — |
| Q4 25 | 65.4% | -369.4% | ||
| Q3 25 | 69.1% | -423.5% | ||
| Q2 25 | 68.7% | -776.0% | ||
| Q1 25 | 66.5% | — | ||
| Q4 24 | 82.9% | -661.9% | ||
| Q3 24 | 72.8% | -428.5% | ||
| Q2 24 | 75.0% | -430.0% | ||
| Q1 24 | 72.4% | — |
| Q4 25 | 8.7% | 1217.8% | ||
| Q3 25 | 14.6% | -2646.3% | ||
| Q2 25 | 15.1% | -854.5% | ||
| Q1 25 | 13.6% | — | ||
| Q4 24 | 11.9% | -1725.0% | ||
| Q3 24 | 21.5% | -423.4% | ||
| Q2 24 | 21.6% | -330.0% | ||
| Q1 24 | 20.4% | — |
| Q4 25 | $0.15 | $2.60 | ||
| Q3 25 | $0.32 | $-3.58 | ||
| Q2 25 | $0.33 | $-0.70 | ||
| Q1 25 | $0.29 | — | ||
| Q4 24 | $0.22 | $-0.95 | ||
| Q3 24 | $0.48 | $-0.24 | ||
| Q2 24 | $0.48 | $-0.18 | ||
| Q1 24 | $0.45 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.7M | $2.4B |
| Total DebtLower is stronger | $468.4M | — |
| Stockholders' EquityBook value | $307.8M | $3.8B |
| Total Assets | $2.2B | $6.6B |
| Debt / EquityLower = less leverage | 1.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | $2.4B | ||
| Q3 25 | $11.8M | $1.1B | ||
| Q2 25 | $5.3M | $546.9M | ||
| Q1 25 | $6.5M | — | ||
| Q4 24 | $10.3M | $340.3M | ||
| Q3 24 | $7.2M | $365.7M | ||
| Q2 24 | $6.9M | $369.8M | ||
| Q1 24 | $7.1M | — |
| Q4 25 | $468.4M | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $455.8M | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
| Q4 25 | $307.8M | $3.8B | ||
| Q3 25 | $316.6M | $2.3B | ||
| Q2 25 | $322.4M | $1.2B | ||
| Q1 25 | $328.4M | — | ||
| Q4 24 | $335.8M | $383.9M | ||
| Q3 24 | $341.8M | $435.7M | ||
| Q2 24 | $345.7M | $463.3M | ||
| Q1 24 | $347.1M | — |
| Q4 25 | $2.2B | $6.6B | ||
| Q3 25 | $2.2B | $4.3B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | $508.4M | ||
| Q3 24 | $2.1B | $497.9M | ||
| Q2 24 | $2.1B | $517.4M | ||
| Q1 24 | $2.0B | — |
| Q4 25 | 1.52× | — | ||
| Q3 25 | 5.02× | — | ||
| Q2 25 | 4.85× | — | ||
| Q1 25 | 4.70× | — | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 4.37× | — | ||
| Q2 24 | 4.17× | — | ||
| Q1 24 | 4.06× | — |
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 | $99.8M | $-74.5M |
| Free Cash FlowOCF − Capex | — | $-83.3M |
| FCF MarginFCF / Revenue | — | -134.6% |
| Capex IntensityCapex / Revenue | — | 14.2% |
| Cash ConversionOCF / Net Profit | 15.35× | -0.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-307.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | $-74.5M | ||
| Q3 25 | $20.6M | $-123.1M | ||
| Q2 25 | $26.6M | $-52.6M | ||
| Q1 25 | $30.4M | — | ||
| Q4 24 | $121.2M | $-39.4M | ||
| Q3 24 | $26.5M | $-19.2M | ||
| Q2 24 | $32.1M | $-26.6M | ||
| Q1 24 | $33.8M | — |
| Q4 25 | — | $-83.3M | ||
| Q3 25 | — | $-127.2M | ||
| Q2 25 | — | $-53.8M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-43.0M | ||
| Q3 24 | $-28.3M | $-23.0M | ||
| Q2 24 | $-12.5M | $-34.1M | ||
| Q1 24 | $-11.7M | — |
| Q4 25 | — | -134.6% | ||
| Q3 25 | — | -319.1% | ||
| Q2 25 | — | -259.8% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -367.4% | ||
| Q3 24 | -42.1% | -185.3% | ||
| Q2 24 | -18.7% | -299.3% | ||
| Q1 24 | -17.6% | — |
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 30.7% | ||
| Q3 24 | 81.5% | 30.4% | ||
| Q2 24 | 66.7% | 65.8% | ||
| Q1 24 | 68.3% | — |
| Q4 25 | 15.35× | -0.10× | ||
| Q3 25 | 1.97× | — | ||
| Q2 25 | 2.48× | — | ||
| Q1 25 | 3.10× | — | ||
| Q4 24 | 14.98× | — | ||
| Q3 24 | 1.83× | — | ||
| Q2 24 | 2.22× | — | ||
| Q1 24 | 2.48× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFS
Segment breakdown not available.
IONQ
| Other | $31.2M | 50% |
| Platform Consulting And Support Services | $30.7M | 50% |
