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Side-by-side financial comparison of EASTERN CO (EML) 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 $55.3M, roughly 1.1× EASTERN CO). IonQ, Inc. runs the higher net margin — 1217.8% vs 1.0%, a 1216.7% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs -22.4%). EASTERN CO produced more free cash flow last quarter ($3.1M vs $-83.3M).

China Eastern Airlines is a major airline in China, headquartered in Changning, Shanghai. It is one of the three major airlines in the country, along with Air China and China Southern Airlines.

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.

EML vs IONQ — Head-to-Head

Bigger by revenue
IONQ
IONQ
1.1× larger
IONQ
$61.9M
$55.3M
EML
Growing faster (revenue YoY)
IONQ
IONQ
+450.9% gap
IONQ
428.5%
-22.4%
EML
Higher net margin
IONQ
IONQ
1216.7% more per $
IONQ
1217.8%
1.0%
EML
More free cash flow
EML
EML
$86.4M more FCF
EML
$3.1M
$-83.3M
IONQ

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
EML
EML
IONQ
IONQ
Revenue
$55.3M
$61.9M
Net Profit
$578.9K
$753.7M
Gross Margin
22.3%
Operating Margin
3.1%
-369.4%
Net Margin
1.0%
1217.8%
Revenue YoY
-22.4%
428.5%
Net Profit YoY
103.8%
473.1%
EPS (diluted)
$0.10
$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
EML
EML
IONQ
IONQ
Q4 25
$61.9M
Q3 25
$55.3M
$39.9M
Q2 25
$70.2M
$20.7M
Q1 25
$63.3M
Q4 24
$64.3M
$11.7M
Q3 24
$71.3M
$12.4M
Q2 24
$72.6M
$11.4M
Q1 24
$64.6M
Net Profit
EML
EML
IONQ
IONQ
Q4 25
$753.7M
Q3 25
$578.9K
$-1.1B
Q2 25
$3.4M
$-176.8M
Q1 25
$1.9M
Q4 24
$1.3M
$-202.0M
Q3 24
$-15.3M
$-52.5M
Q2 24
$3.5M
$-37.6M
Q1 24
$1.9M
Gross Margin
EML
EML
IONQ
IONQ
Q4 25
Q3 25
22.3%
Q2 25
23.3%
Q1 25
22.4%
Q4 24
23.6%
Q3 24
25.5%
Q2 24
25.4%
Q1 24
23.9%
Operating Margin
EML
EML
IONQ
IONQ
Q4 25
-369.4%
Q3 25
3.1%
-423.5%
Q2 25
4.5%
-776.0%
Q1 25
5.1%
Q4 24
6.1%
-661.9%
Q3 24
9.5%
-428.5%
Q2 24
8.3%
-430.0%
Q1 24
5.3%
Net Margin
EML
EML
IONQ
IONQ
Q4 25
1217.8%
Q3 25
1.0%
-2646.3%
Q2 25
4.9%
-854.5%
Q1 25
3.1%
Q4 24
2.0%
-1725.0%
Q3 24
-21.5%
-423.4%
Q2 24
4.8%
-330.0%
Q1 24
3.0%
EPS (diluted)
EML
EML
IONQ
IONQ
Q4 25
$2.60
Q3 25
$0.10
$-3.58
Q2 25
$0.56
$-0.70
Q1 25
$0.32
Q4 24
$0.22
$-0.95
Q3 24
$-2.46
$-0.24
Q2 24
$0.56
$-0.18
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
EML
EML
IONQ
IONQ
Cash + ST InvestmentsLiquidity on hand
$9.2M
$2.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$124.3M
$3.8B
Total Assets
$220.0M
$6.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EML
EML
IONQ
IONQ
Q4 25
$2.4B
Q3 25
$9.2M
$1.1B
Q2 25
$9.1M
$546.9M
Q1 25
$10.2M
Q4 24
$16.1M
$340.3M
Q3 24
$9.7M
$365.7M
Q2 24
$2.0M
$369.8M
Q1 24
$2.1M
Total Debt
EML
EML
IONQ
IONQ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$42.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EML
EML
IONQ
IONQ
Q4 25
$3.8B
Q3 25
$124.3M
$2.3B
Q2 25
$124.4M
$1.2B
Q1 25
$121.0M
Q4 24
$120.7M
$383.9M
Q3 24
$119.2M
$435.7M
Q2 24
$136.5M
$463.3M
Q1 24
$134.5M
Total Assets
EML
EML
IONQ
IONQ
Q4 25
$6.6B
Q3 25
$220.0M
$4.3B
Q2 25
$229.4M
$1.3B
Q1 25
$232.3M
Q4 24
$235.3M
$508.4M
Q3 24
$244.2M
$497.9M
Q2 24
$255.9M
$517.4M
Q1 24
$253.9M
Debt / Equity
EML
EML
IONQ
IONQ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.35×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
EML
EML
IONQ
IONQ
Operating Cash FlowLast quarter
$3.1M
$-74.5M
Free Cash FlowOCF − Capex
$3.1M
$-83.3M
FCF MarginFCF / Revenue
5.5%
-134.6%
Capex IntensityCapex / Revenue
0.1%
14.2%
Cash ConversionOCF / Net Profit
5.38×
-0.10×
TTM Free Cash FlowTrailing 4 quarters
$12.3M
$-307.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EML
EML
IONQ
IONQ
Q4 25
$-74.5M
Q3 25
$3.1M
$-123.1M
Q2 25
$3.8M
$-52.6M
Q1 25
$-1.8M
Q4 24
$11.0M
$-39.4M
Q3 24
$-2.9M
$-19.2M
Q2 24
$8.4M
$-26.6M
Q1 24
$2.8M
Free Cash Flow
EML
EML
IONQ
IONQ
Q4 25
$-83.3M
Q3 25
$3.1M
$-127.2M
Q2 25
$3.0M
$-53.8M
Q1 25
$-2.7M
Q4 24
$9.0M
$-43.0M
Q3 24
$-7.7M
$-23.0M
Q2 24
$7.3M
$-34.1M
Q1 24
$1.1M
FCF Margin
EML
EML
IONQ
IONQ
Q4 25
-134.6%
Q3 25
5.5%
-319.1%
Q2 25
4.3%
-259.8%
Q1 25
-4.3%
Q4 24
13.9%
-367.4%
Q3 24
-10.8%
-185.3%
Q2 24
10.1%
-299.3%
Q1 24
1.7%
Capex Intensity
EML
EML
IONQ
IONQ
Q4 25
14.2%
Q3 25
0.1%
10.4%
Q2 25
1.1%
5.8%
Q1 25
1.3%
Q4 24
3.2%
30.7%
Q3 24
6.7%
30.4%
Q2 24
1.5%
65.8%
Q1 24
2.6%
Cash Conversion
EML
EML
IONQ
IONQ
Q4 25
-0.10×
Q3 25
5.38×
Q2 25
1.09×
Q1 25
-0.95×
Q4 24
8.41×
Q3 24
Q2 24
2.40×
Q1 24
1.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EML
EML

Segment breakdown not available.

IONQ
IONQ

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

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