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Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and IonQ, Inc. (IONQ). Click either name above to swap in a different company.

CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $61.9M, roughly 1.7× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 11.6%, a 1206.1% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 8.0%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $-83.3M).

Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.

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.

CSV vs IONQ — Head-to-Head

Bigger by revenue
CSV
CSV
1.7× larger
CSV
$105.5M
$61.9M
IONQ
Growing faster (revenue YoY)
IONQ
IONQ
+420.6% gap
IONQ
428.5%
8.0%
CSV
Higher net margin
IONQ
IONQ
1206.1% more per $
IONQ
1217.8%
11.6%
CSV
More free cash flow
CSV
CSV
$89.5M more FCF
CSV
$6.2M
$-83.3M
IONQ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CSV
CSV
IONQ
IONQ
Revenue
$105.5M
$61.9M
Net Profit
$12.3M
$753.7M
Gross Margin
34.8%
Operating Margin
23.3%
-369.4%
Net Margin
11.6%
1217.8%
Revenue YoY
8.0%
428.5%
Net Profit YoY
24.5%
473.1%
EPS (diluted)
$0.76
$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
CSV
CSV
IONQ
IONQ
Q4 25
$105.5M
$61.9M
Q3 25
$102.7M
$39.9M
Q2 25
$102.1M
$20.7M
Q1 25
$107.1M
Q4 24
$97.7M
$11.7M
Q3 24
$100.7M
$12.4M
Q2 24
$102.3M
$11.4M
Q1 24
$103.5M
Net Profit
CSV
CSV
IONQ
IONQ
Q4 25
$12.3M
$753.7M
Q3 25
$6.6M
$-1.1B
Q2 25
$11.7M
$-176.8M
Q1 25
$20.9M
Q4 24
$9.9M
$-202.0M
Q3 24
$9.9M
$-52.5M
Q2 24
$6.3M
$-37.6M
Q1 24
$7.0M
Gross Margin
CSV
CSV
IONQ
IONQ
Q4 25
34.8%
Q3 25
35.3%
Q2 25
35.2%
Q1 25
35.3%
Q4 24
34.4%
Q3 24
35.2%
Q2 24
36.2%
Q1 24
36.0%
Operating Margin
CSV
CSV
IONQ
IONQ
Q4 25
23.3%
-369.4%
Q3 25
17.0%
-423.5%
Q2 25
23.5%
-776.0%
Q1 25
29.5%
Q4 24
21.6%
-661.9%
Q3 24
22.7%
-428.5%
Q2 24
18.0%
-430.0%
Q1 24
18.8%
Net Margin
CSV
CSV
IONQ
IONQ
Q4 25
11.6%
1217.8%
Q3 25
6.4%
-2646.3%
Q2 25
11.5%
-854.5%
Q1 25
19.5%
Q4 24
10.1%
-1725.0%
Q3 24
9.8%
-423.4%
Q2 24
6.1%
-330.0%
Q1 24
6.7%
EPS (diluted)
CSV
CSV
IONQ
IONQ
Q4 25
$0.76
$2.60
Q3 25
$0.41
$-3.58
Q2 25
$0.74
$-0.70
Q1 25
$1.34
Q4 24
$0.62
$-0.95
Q3 24
$0.63
$-0.24
Q2 24
$0.40
$-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
CSV
CSV
IONQ
IONQ
Cash + ST InvestmentsLiquidity on hand
$1.7M
$2.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$254.8M
$3.8B
Total Assets
$1.3B
$6.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSV
CSV
IONQ
IONQ
Q4 25
$1.7M
$2.4B
Q3 25
$1.2M
$1.1B
Q2 25
$1.4M
$546.9M
Q1 25
$4.6M
Q4 24
$1.2M
$340.3M
Q3 24
$1.3M
$365.7M
Q2 24
$1.5M
$369.8M
Q1 24
$1.7M
Stockholders' Equity
CSV
CSV
IONQ
IONQ
Q4 25
$254.8M
$3.8B
Q3 25
$242.1M
$2.3B
Q2 25
$235.4M
$1.2B
Q1 25
$223.1M
Q4 24
$208.6M
$383.9M
Q3 24
$198.1M
$435.7M
Q2 24
$187.9M
$463.3M
Q1 24
$179.6M
Total Assets
CSV
CSV
IONQ
IONQ
Q4 25
$1.3B
$6.6B
Q3 25
$1.3B
$4.3B
Q2 25
$1.3B
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
$508.4M
Q3 24
$1.3B
$497.9M
Q2 24
$1.3B
$517.4M
Q1 24
$1.3B

Cash Flow & Capital Efficiency

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

Metric
CSV
CSV
IONQ
IONQ
Operating Cash FlowLast quarter
$14.1M
$-74.5M
Free Cash FlowOCF − Capex
$6.2M
$-83.3M
FCF MarginFCF / Revenue
5.9%
-134.6%
Capex IntensityCapex / Revenue
7.5%
14.2%
Cash ConversionOCF / Net Profit
1.15×
-0.10×
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$-307.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSV
CSV
IONQ
IONQ
Q4 25
$14.1M
$-74.5M
Q3 25
$24.7M
$-123.1M
Q2 25
$8.1M
$-52.6M
Q1 25
$13.8M
Q4 24
$9.3M
$-39.4M
Q3 24
$20.9M
$-19.2M
Q2 24
$2.2M
$-26.6M
Q1 24
$19.7M
Free Cash Flow
CSV
CSV
IONQ
IONQ
Q4 25
$6.2M
$-83.3M
Q3 25
$18.0M
$-127.2M
Q2 25
$5.2M
$-53.8M
Q1 25
$10.6M
Q4 24
$4.9M
$-43.0M
Q3 24
$16.2M
$-23.0M
Q2 24
$-1.4M
$-34.1M
Q1 24
$16.2M
FCF Margin
CSV
CSV
IONQ
IONQ
Q4 25
5.9%
-134.6%
Q3 25
17.5%
-319.1%
Q2 25
5.1%
-259.8%
Q1 25
9.9%
Q4 24
5.0%
-367.4%
Q3 24
16.1%
-185.3%
Q2 24
-1.4%
-299.3%
Q1 24
15.6%
Capex Intensity
CSV
CSV
IONQ
IONQ
Q4 25
7.5%
14.2%
Q3 25
6.5%
10.4%
Q2 25
2.8%
5.8%
Q1 25
3.0%
Q4 24
4.5%
30.7%
Q3 24
4.6%
30.4%
Q2 24
3.5%
65.8%
Q1 24
3.4%
Cash Conversion
CSV
CSV
IONQ
IONQ
Q4 25
1.15×
-0.10×
Q3 25
3.76×
Q2 25
0.69×
Q1 25
0.66×
Q4 24
0.94×
Q3 24
2.11×
Q2 24
0.34×
Q1 24
2.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSV
CSV

Propertyand Merchandise$47.8M45%
Cemetery Interment Rights$24.8M23%
Merchandise$18.9M18%
Other Revenue$10.2M10%
Other$3.9M4%

IONQ
IONQ

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

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