vs

Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) 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 $61.6M, roughly 1.0× BEYOND MEAT, INC.). On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs -19.7%). BEYOND MEAT, INC. produced more free cash flow last quarter ($-49.8M vs $-83.3M).

Beyond Meat, Inc., branded as Beyond, is a producer of plant-based meat alternatives founded in 2009 by Ethan Brown. The company's products were first launched in the United States in 2012.

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.

BYND vs IONQ — Head-to-Head

Bigger by revenue
IONQ
IONQ
1.0× larger
IONQ
$61.9M
$61.6M
BYND
Growing faster (revenue YoY)
IONQ
IONQ
+448.2% gap
IONQ
428.5%
-19.7%
BYND
More free cash flow
BYND
BYND
$33.5M more FCF
BYND
$-49.8M
$-83.3M
IONQ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYND
BYND
IONQ
IONQ
Revenue
$61.6M
$61.9M
Net Profit
$753.7M
Gross Margin
-11.5%
Operating Margin
-211.4%
-369.4%
Net Margin
1217.8%
Revenue YoY
-19.7%
428.5%
Net Profit YoY
473.1%
EPS (diluted)
$0.68
$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
BYND
BYND
IONQ
IONQ
Q4 25
$61.6M
$61.9M
Q3 25
$70.2M
$39.9M
Q2 25
$75.0M
$20.7M
Q1 25
$68.7M
Q4 24
$76.7M
$11.7M
Q3 24
$81.0M
$12.4M
Q2 24
$93.2M
$11.4M
Q1 24
$75.6M
Net Profit
BYND
BYND
IONQ
IONQ
Q4 25
$753.7M
Q3 25
$-110.7M
$-1.1B
Q2 25
$-29.2M
$-176.8M
Q1 25
$-52.9M
Q4 24
$-202.0M
Q3 24
$-26.6M
$-52.5M
Q2 24
$-34.5M
$-37.6M
Q1 24
$-54.4M
Gross Margin
BYND
BYND
IONQ
IONQ
Q4 25
-11.5%
Q3 25
10.3%
Q2 25
11.5%
Q1 25
-1.5%
Q4 24
13.1%
Q3 24
17.7%
Q2 24
14.7%
Q1 24
4.9%
Operating Margin
BYND
BYND
IONQ
IONQ
Q4 25
-211.4%
-369.4%
Q3 25
-160.0%
-423.5%
Q2 25
-46.6%
-776.0%
Q1 25
-81.8%
Q4 24
-49.3%
-661.9%
Q3 24
-38.2%
-428.5%
Q2 24
-36.4%
-430.0%
Q1 24
-70.7%
Net Margin
BYND
BYND
IONQ
IONQ
Q4 25
1217.8%
Q3 25
-157.6%
-2646.3%
Q2 25
-39.0%
-854.5%
Q1 25
-77.0%
Q4 24
-1725.0%
Q3 24
-32.8%
-423.4%
Q2 24
-37.0%
-330.0%
Q1 24
-71.9%
EPS (diluted)
BYND
BYND
IONQ
IONQ
Q4 25
$0.68
$2.60
Q3 25
$-1.44
$-3.58
Q2 25
$-0.38
$-0.70
Q1 25
$-0.69
Q4 24
$-0.65
$-0.95
Q3 24
$-0.41
$-0.24
Q2 24
$-0.53
$-0.18
Q1 24
$-0.84

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
IONQ
IONQ
Cash + ST InvestmentsLiquidity on hand
$203.9M
$2.4B
Total DebtLower is stronger
$415.7M
Stockholders' EquityBook value
$-997.0K
$3.8B
Total Assets
$614.7M
$6.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
IONQ
IONQ
Q4 25
$203.9M
$2.4B
Q3 25
$117.3M
$1.1B
Q2 25
$103.5M
$546.9M
Q1 25
$102.1M
Q4 24
$131.9M
$340.3M
Q3 24
$121.7M
$365.7M
Q2 24
$144.9M
$369.8M
Q1 24
$157.9M
Total Debt
BYND
BYND
IONQ
IONQ
Q4 25
$415.7M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
BYND
BYND
IONQ
IONQ
Q4 25
$-997.0K
$3.8B
Q3 25
$-784.1M
$2.3B
Q2 25
$-677.0M
$1.2B
Q1 25
$-649.5M
Q4 24
$-601.2M
$383.9M
Q3 24
$-611.9M
$435.7M
Q2 24
$-590.0M
$463.3M
Q1 24
$-561.4M
Total Assets
BYND
BYND
IONQ
IONQ
Q4 25
$614.7M
$6.6B
Q3 25
$599.7M
$4.3B
Q2 25
$691.7M
$1.3B
Q1 25
$643.8M
Q4 24
$678.1M
$508.4M
Q3 24
$692.9M
$497.9M
Q2 24
$711.2M
$517.4M
Q1 24
$735.0M

Cash Flow & Capital Efficiency

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

Metric
BYND
BYND
IONQ
IONQ
Operating Cash FlowLast quarter
$-46.8M
$-74.5M
Free Cash FlowOCF − Capex
$-49.8M
$-83.3M
FCF MarginFCF / Revenue
-80.8%
-134.6%
Capex IntensityCapex / Revenue
4.8%
14.2%
Cash ConversionOCF / Net Profit
-0.10×
TTM Free Cash FlowTrailing 4 quarters
$-157.2M
$-307.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
IONQ
IONQ
Q4 25
$-46.8M
$-74.5M
Q3 25
$-38.8M
$-123.1M
Q2 25
$-33.2M
$-52.6M
Q1 25
$-26.1M
Q4 24
$-29.0M
$-39.4M
Q3 24
$-22.0M
$-19.2M
Q2 24
$-16.0M
$-26.6M
Q1 24
$-31.8M
Free Cash Flow
BYND
BYND
IONQ
IONQ
Q4 25
$-49.8M
$-83.3M
Q3 25
$-41.7M
$-127.2M
Q2 25
$-35.1M
$-53.8M
Q1 25
$-30.6M
Q4 24
$-35.4M
$-43.0M
Q3 24
$-24.1M
$-23.0M
Q2 24
$-17.3M
$-34.1M
Q1 24
$-33.0M
FCF Margin
BYND
BYND
IONQ
IONQ
Q4 25
-80.8%
-134.6%
Q3 25
-59.4%
-319.1%
Q2 25
-46.9%
-259.8%
Q1 25
-44.6%
Q4 24
-46.2%
-367.4%
Q3 24
-29.7%
-185.3%
Q2 24
-18.6%
-299.3%
Q1 24
-43.7%
Capex Intensity
BYND
BYND
IONQ
IONQ
Q4 25
4.8%
14.2%
Q3 25
4.1%
10.4%
Q2 25
2.6%
5.8%
Q1 25
6.5%
Q4 24
8.4%
30.7%
Q3 24
2.5%
30.4%
Q2 24
1.4%
65.8%
Q1 24
1.6%
Cash Conversion
BYND
BYND
IONQ
IONQ
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

BYND
BYND

Segment breakdown not available.

IONQ
IONQ

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

Related Comparisons