vs
Side-by-side financial comparison of IonQ, Inc. (IONQ) and InvenTrust Properties Corp. (IVT). Click either name above to swap in a different company.
InvenTrust Properties Corp. is the larger business by last-quarter revenue ($77.4M vs $61.9M, roughly 1.3× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 3.4%, a 1214.3% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 8.6%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $-83.3M).
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.
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.
IONQ vs IVT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.9M | $77.4M |
| Net Profit | $753.7M | $2.7M |
| Gross Margin | — | — |
| Operating Margin | -369.4% | -11.0% |
| Net Margin | 1217.8% | 3.4% |
| Revenue YoY | 428.5% | 8.6% |
| Net Profit YoY | 473.1% | -72.8% |
| EPS (diluted) | $2.60 | $0.02 |
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 | $61.9M | $77.4M | ||
| Q3 25 | $39.9M | $74.5M | ||
| Q2 25 | $20.7M | $73.6M | ||
| Q1 25 | — | $73.8M | ||
| Q4 24 | $11.7M | $71.2M | ||
| Q3 24 | $12.4M | $68.5M | ||
| Q2 24 | $11.4M | $67.4M | ||
| Q1 24 | — | $66.8M |
| Q4 25 | $753.7M | $2.7M | ||
| Q3 25 | $-1.1B | $6.0M | ||
| Q2 25 | $-176.8M | $95.9M | ||
| Q1 25 | — | $6.8M | ||
| Q4 24 | $-202.0M | $9.8M | ||
| Q3 24 | $-52.5M | $-539.0K | ||
| Q2 24 | $-37.6M | $1.5M | ||
| Q1 24 | — | $2.9M |
| Q4 25 | -369.4% | -11.0% | ||
| Q3 25 | -423.5% | -9.8% | ||
| Q2 25 | -776.0% | — | ||
| Q1 25 | — | -10.5% | ||
| Q4 24 | -661.9% | -3.6% | ||
| Q3 24 | -428.5% | -18.7% | ||
| Q2 24 | -430.0% | -13.6% | ||
| Q1 24 | — | -13.1% |
| Q4 25 | 1217.8% | 3.4% | ||
| Q3 25 | -2646.3% | 8.1% | ||
| Q2 25 | -854.5% | 130.4% | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | -1725.0% | 13.8% | ||
| Q3 24 | -423.4% | -0.8% | ||
| Q2 24 | -330.0% | 2.2% | ||
| Q1 24 | — | 4.3% |
| Q4 25 | $2.60 | $0.02 | ||
| Q3 25 | $-3.58 | $0.08 | ||
| Q2 25 | $-0.70 | $1.23 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | $-0.95 | $0.14 | ||
| Q3 24 | $-0.24 | $-0.01 | ||
| Q2 24 | $-0.18 | $0.02 | ||
| Q1 24 | — | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4B | — |
| Total DebtLower is stronger | — | $825.9M |
| Stockholders' EquityBook value | $3.8B | $1.8B |
| Total Assets | $6.6B | $2.8B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $546.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $340.3M | — | ||
| Q3 24 | $365.7M | — | ||
| Q2 24 | $369.8M | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $825.9M | ||
| Q3 25 | — | $764.6M | ||
| Q2 25 | — | $746.3M | ||
| Q1 25 | — | $740.7M | ||
| Q4 24 | — | $740.4M | ||
| Q3 24 | — | $740.1M | ||
| Q2 24 | — | $812.2M | ||
| Q1 24 | — | $827.5M |
| Q4 25 | $3.8B | $1.8B | ||
| Q3 25 | $2.3B | $1.8B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $383.9M | $1.8B | ||
| Q3 24 | $435.7M | $1.8B | ||
| Q2 24 | $463.3M | $1.5B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $6.6B | $2.8B | ||
| Q3 25 | $4.3B | $2.7B | ||
| Q2 25 | $1.3B | $2.7B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | $508.4M | $2.6B | ||
| Q3 24 | $497.9M | $2.6B | ||
| Q2 24 | $517.4M | $2.5B | ||
| Q1 24 | — | $2.5B |
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $-74.5M | $155.4M |
| Free Cash FlowOCF − Capex | $-83.3M | $110.9M |
| FCF MarginFCF / Revenue | -134.6% | 143.3% |
| Capex IntensityCapex / Revenue | 14.2% | 57.5% |
| Cash ConversionOCF / Net Profit | -0.10× | 58.41× |
| TTM Free Cash FlowTrailing 4 quarters | $-307.3M | $193.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-74.5M | $155.4M | ||
| Q3 25 | $-123.1M | $43.8M | ||
| Q2 25 | $-52.6M | $48.7M | ||
| Q1 25 | — | $20.2M | ||
| Q4 24 | $-39.4M | $136.9M | ||
| Q3 24 | $-19.2M | $38.4M | ||
| Q2 24 | $-26.6M | $46.7M | ||
| Q1 24 | — | $14.8M |
| Q4 25 | $-83.3M | $110.9M | ||
| Q3 25 | $-127.2M | $31.4M | ||
| Q2 25 | $-53.8M | $38.0M | ||
| Q1 25 | — | $12.8M | ||
| Q4 24 | $-43.0M | $100.8M | ||
| Q3 24 | $-23.0M | $29.3M | ||
| Q2 24 | $-34.1M | $37.2M | ||
| Q1 24 | — | $7.7M |
| Q4 25 | -134.6% | 143.3% | ||
| Q3 25 | -319.1% | 42.2% | ||
| Q2 25 | -259.8% | 51.6% | ||
| Q1 25 | — | 17.4% | ||
| Q4 24 | -367.4% | 141.5% | ||
| Q3 24 | -185.3% | 42.8% | ||
| Q2 24 | -299.3% | 55.2% | ||
| Q1 24 | — | 11.5% |
| Q4 25 | 14.2% | 57.5% | ||
| Q3 25 | 10.4% | 16.7% | ||
| Q2 25 | 5.8% | 14.6% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | 30.7% | 50.7% | ||
| Q3 24 | 30.4% | 13.3% | ||
| Q2 24 | 65.8% | 14.0% | ||
| Q1 24 | — | 10.6% |
| Q4 25 | -0.10× | 58.41× | ||
| Q3 25 | — | 7.27× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 2.97× | ||
| Q4 24 | — | 13.97× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 31.15× | ||
| Q1 24 | — | 5.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IONQ
| Other | $31.2M | 50% |
| Platform Consulting And Support Services | $30.7M | 50% |
IVT
Segment breakdown not available.
