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Side-by-side financial comparison of IonQ, Inc. (IONQ) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.
IonQ, Inc. is the larger business by last-quarter revenue ($61.9M vs $47.3M, roughly 1.3× Mama's Creations, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 1.1%, a 1216.6% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 50.0%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M 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.
Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.
IONQ vs MAMA — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $61.9M | $47.3M |
| Net Profit | $753.7M | $540.0K |
| Gross Margin | — | 23.6% |
| Operating Margin | -369.4% | 1.7% |
| Net Margin | 1217.8% | 1.1% |
| Revenue YoY | 428.5% | 50.0% |
| Net Profit YoY | 473.1% | 31.7% |
| EPS (diluted) | $2.60 | $0.01 |
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 | $47.3M | ||
| Q3 25 | $39.9M | $35.2M | ||
| Q2 25 | $20.7M | $35.3M | ||
| Q1 25 | — | $33.6M | ||
| Q4 24 | $11.7M | $31.5M | ||
| Q3 24 | $12.4M | $28.4M | ||
| Q2 24 | $11.4M | $29.8M | ||
| Q1 24 | — | $26.7M |
| Q4 25 | $753.7M | $540.0K | ||
| Q3 25 | $-1.1B | $1.3M | ||
| Q2 25 | $-176.8M | $1.2M | ||
| Q1 25 | — | $1.6M | ||
| Q4 24 | $-202.0M | $410.0K | ||
| Q3 24 | $-52.5M | $1.1M | ||
| Q2 24 | $-37.6M | $553.0K | ||
| Q1 24 | — | $1.4M |
| Q4 25 | — | 23.6% | ||
| Q3 25 | — | 24.9% | ||
| Q2 25 | — | 26.1% | ||
| Q1 25 | — | 27.0% | ||
| Q4 24 | — | 22.6% | ||
| Q3 24 | — | 24.2% | ||
| Q2 24 | — | 25.0% | ||
| Q1 24 | — | 29.3% |
| Q4 25 | -369.4% | 1.7% | ||
| Q3 25 | -423.5% | 4.8% | ||
| Q2 25 | -776.0% | 4.5% | ||
| Q1 25 | — | 5.7% | ||
| Q4 24 | -661.9% | 1.8% | ||
| Q3 24 | -428.5% | 5.7% | ||
| Q2 24 | -430.0% | 2.6% | ||
| Q1 24 | — | 7.4% |
| Q4 25 | 1217.8% | 1.1% | ||
| Q3 25 | -2646.3% | 3.6% | ||
| Q2 25 | -854.5% | 3.5% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | -1725.0% | 1.3% | ||
| Q3 24 | -423.4% | 4.0% | ||
| Q2 24 | -330.0% | 1.9% | ||
| Q1 24 | — | 5.3% |
| Q4 25 | $2.60 | $0.01 | ||
| Q3 25 | $-3.58 | $0.03 | ||
| Q2 25 | $-0.70 | $0.03 | ||
| Q1 25 | — | $0.04 | ||
| Q4 24 | $-0.95 | $0.01 | ||
| Q3 24 | $-0.24 | $0.03 | ||
| Q2 24 | $-0.18 | $0.01 | ||
| Q1 24 | — | $0.03 |
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 | $18.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.8B | $49.6M |
| Total Assets | $6.6B | $84.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $18.1M | ||
| Q3 25 | $1.1B | $9.4M | ||
| Q2 25 | $546.9M | $12.0M | ||
| Q1 25 | — | $7.2M | ||
| Q4 24 | $340.3M | $9.3M | ||
| Q3 24 | $365.7M | $7.4M | ||
| Q2 24 | $369.8M | $13.0M | ||
| Q1 24 | — | $11.0M |
| Q4 25 | $3.8B | $49.6M | ||
| Q3 25 | $2.3B | $29.6M | ||
| Q2 25 | $1.2B | $26.4M | ||
| Q1 25 | — | $24.9M | ||
| Q4 24 | $383.9M | $23.0M | ||
| Q3 24 | $435.7M | $22.3M | ||
| Q2 24 | $463.3M | $20.3M | ||
| Q1 24 | — | $19.6M |
| Q4 25 | $6.6B | $84.0M | ||
| Q3 25 | $4.3B | $51.2M | ||
| Q2 25 | $1.3B | $52.7M | ||
| Q1 25 | — | $47.1M | ||
| Q4 24 | $508.4M | $47.9M | ||
| Q3 24 | $497.9M | $43.0M | ||
| Q2 24 | $517.4M | $47.2M | ||
| Q1 24 | — | $45.1M |
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 | $3.9M |
| Free Cash FlowOCF − Capex | $-83.3M | $3.7M |
| FCF MarginFCF / Revenue | -134.6% | 7.8% |
| Capex IntensityCapex / Revenue | 14.2% | 0.4% |
| Cash ConversionOCF / Net Profit | -0.10× | 7.16× |
| TTM Free Cash FlowTrailing 4 quarters | $-307.3M | $6.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-74.5M | $3.9M | ||
| Q3 25 | $-123.1M | $-1.7M | ||
| Q2 25 | $-52.6M | $6.0M | ||
| Q1 25 | — | $-857.0K | ||
| Q4 24 | $-39.4M | $4.8M | ||
| Q3 24 | $-19.2M | $-2.4M | ||
| Q2 24 | $-26.6M | $3.6M | ||
| Q1 24 | — | $6.7M |
| Q4 25 | $-83.3M | $3.7M | ||
| Q3 25 | $-127.2M | $-2.2M | ||
| Q2 25 | $-53.8M | $5.5M | ||
| Q1 25 | — | $-930.0K | ||
| Q4 24 | $-43.0M | $2.5M | ||
| Q3 24 | $-23.0M | $-4.0M | ||
| Q2 24 | $-34.1M | $2.5M | ||
| Q1 24 | — | $6.6M |
| Q4 25 | -134.6% | 7.8% | ||
| Q3 25 | -319.1% | -6.2% | ||
| Q2 25 | -259.8% | 15.5% | ||
| Q1 25 | — | -2.8% | ||
| Q4 24 | -367.4% | 8.0% | ||
| Q3 24 | -185.3% | -14.1% | ||
| Q2 24 | -299.3% | 8.4% | ||
| Q1 24 | — | 24.8% |
| Q4 25 | 14.2% | 0.4% | ||
| Q3 25 | 10.4% | 1.5% | ||
| Q2 25 | 5.8% | 1.5% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 30.7% | 7.2% | ||
| Q3 24 | 30.4% | 5.6% | ||
| Q2 24 | 65.8% | 3.8% | ||
| Q1 24 | — | 0.4% |
| Q4 25 | -0.10× | 7.16× | ||
| Q3 25 | — | -1.31× | ||
| Q2 25 | — | 4.85× | ||
| Q1 25 | — | -0.54× | ||
| Q4 24 | — | 11.71× | ||
| Q3 24 | — | -2.10× | ||
| Q2 24 | — | 6.58× | ||
| Q1 24 | — | 4.79× |
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% |
MAMA
Segment breakdown not available.
