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Side-by-side financial comparison of Business First Bancshares, Inc. (BFST) and IonQ, Inc. (IONQ). Click either name above to swap in a different company.

Business First Bancshares, Inc. is the larger business by last-quarter revenue ($83.1M vs $61.9M, roughly 1.3× IonQ, Inc.). On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 7.1%). Business First Bancshares, Inc. produced more free cash flow last quarter ($92.0M vs $-83.3M).

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

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.

BFST vs IONQ — Head-to-Head

Bigger by revenue
BFST
BFST
1.3× larger
BFST
$83.1M
$61.9M
IONQ
Growing faster (revenue YoY)
IONQ
IONQ
+421.4% gap
IONQ
428.5%
7.1%
BFST
More free cash flow
BFST
BFST
$175.3M more FCF
BFST
$92.0M
$-83.3M
IONQ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFST
BFST
IONQ
IONQ
Revenue
$83.1M
$61.9M
Net Profit
$753.7M
Gross Margin
Operating Margin
33.2%
-369.4%
Net Margin
1217.8%
Revenue YoY
7.1%
428.5%
Net Profit YoY
473.1%
EPS (diluted)
$0.71
$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.

Revenue
BFST
BFST
IONQ
IONQ
Q4 25
$83.1M
$61.9M
Q3 25
$80.9M
$39.9M
Q2 25
$81.5M
$20.7M
Q1 25
$79.2M
Q4 24
$77.6M
$11.7M
Q3 24
$66.9M
$12.4M
Q2 24
$66.2M
$11.4M
Q1 24
$60.9M
Net Profit
BFST
BFST
IONQ
IONQ
Q4 25
$753.7M
Q3 25
$22.9M
$-1.1B
Q2 25
$22.1M
$-176.8M
Q1 25
$20.5M
Q4 24
$-202.0M
Q3 24
$17.8M
$-52.5M
Q2 24
$17.2M
$-37.6M
Q1 24
$13.6M
Operating Margin
BFST
BFST
IONQ
IONQ
Q4 25
33.2%
-369.4%
Q3 25
35.7%
-423.5%
Q2 25
34.4%
-776.0%
Q1 25
32.6%
Q4 24
27.5%
-661.9%
Q3 24
34.0%
-428.5%
Q2 24
32.9%
-430.0%
Q1 24
28.2%
Net Margin
BFST
BFST
IONQ
IONQ
Q4 25
1217.8%
Q3 25
28.2%
-2646.3%
Q2 25
27.1%
-854.5%
Q1 25
25.9%
Q4 24
-1725.0%
Q3 24
26.7%
-423.4%
Q2 24
26.0%
-330.0%
Q1 24
22.3%
EPS (diluted)
BFST
BFST
IONQ
IONQ
Q4 25
$0.71
$2.60
Q3 25
$0.73
$-3.58
Q2 25
$0.70
$-0.70
Q1 25
$0.65
Q4 24
$0.51
$-0.95
Q3 24
$0.65
$-0.24
Q2 24
$0.62
$-0.18
Q1 24
$0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFST
BFST
IONQ
IONQ
Cash + ST InvestmentsLiquidity on hand
$411.2M
$2.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$896.9M
$3.8B
Total Assets
$8.2B
$6.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFST
BFST
IONQ
IONQ
Q4 25
$411.2M
$2.4B
Q3 25
$399.1M
$1.1B
Q2 25
$495.8M
$546.9M
Q1 25
$312.9M
Q4 24
$319.1M
$340.3M
Q3 24
$213.2M
$365.7M
Q2 24
$208.1M
$369.8M
Q1 24
$185.9M
Stockholders' Equity
BFST
BFST
IONQ
IONQ
Q4 25
$896.9M
$3.8B
Q3 25
$878.4M
$2.3B
Q2 25
$848.4M
$1.2B
Q1 25
$826.3M
Q4 24
$799.5M
$383.9M
Q3 24
$699.5M
$435.7M
Q2 24
$664.5M
$463.3M
Q1 24
$649.0M
Total Assets
BFST
BFST
IONQ
IONQ
Q4 25
$8.2B
$6.6B
Q3 25
$8.0B
$4.3B
Q2 25
$7.9B
$1.3B
Q1 25
$7.8B
Q4 24
$7.9B
$508.4M
Q3 24
$6.9B
$497.9M
Q2 24
$6.7B
$517.4M
Q1 24
$6.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFST
BFST
IONQ
IONQ
Operating Cash FlowLast quarter
$92.1M
$-74.5M
Free Cash FlowOCF − Capex
$92.0M
$-83.3M
FCF MarginFCF / Revenue
110.7%
-134.6%
Capex IntensityCapex / Revenue
0.1%
14.2%
Cash ConversionOCF / Net Profit
-0.10×
TTM Free Cash FlowTrailing 4 quarters
$165.6M
$-307.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFST
BFST
IONQ
IONQ
Q4 25
$92.1M
$-74.5M
Q3 25
$32.4M
$-123.1M
Q2 25
$14.0M
$-52.6M
Q1 25
$28.7M
Q4 24
$61.4M
$-39.4M
Q3 24
$21.4M
$-19.2M
Q2 24
$15.1M
$-26.6M
Q1 24
$7.6M
Free Cash Flow
BFST
BFST
IONQ
IONQ
Q4 25
$92.0M
$-83.3M
Q3 25
$32.1M
$-127.2M
Q2 25
$13.8M
$-53.8M
Q1 25
$27.7M
Q4 24
$59.8M
$-43.0M
Q3 24
$21.0M
$-23.0M
Q2 24
$14.0M
$-34.1M
Q1 24
$7.2M
FCF Margin
BFST
BFST
IONQ
IONQ
Q4 25
110.7%
-134.6%
Q3 25
39.6%
-319.1%
Q2 25
16.9%
-259.8%
Q1 25
34.9%
Q4 24
77.1%
-367.4%
Q3 24
31.4%
-185.3%
Q2 24
21.2%
-299.3%
Q1 24
11.8%
Capex Intensity
BFST
BFST
IONQ
IONQ
Q4 25
0.1%
14.2%
Q3 25
0.4%
10.4%
Q2 25
0.3%
5.8%
Q1 25
1.3%
Q4 24
2.0%
30.7%
Q3 24
0.6%
30.4%
Q2 24
1.6%
65.8%
Q1 24
0.6%
Cash Conversion
BFST
BFST
IONQ
IONQ
Q4 25
-0.10×
Q3 25
1.42×
Q2 25
0.63×
Q1 25
1.40×
Q4 24
Q3 24
1.20×
Q2 24
0.88×
Q1 24
0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BFST
BFST

Segment breakdown not available.

IONQ
IONQ

Other$31.2M50%
Platform Consulting And Support Services$30.7M50%

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