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Side-by-side financial comparison of IonQ, Inc. (IONQ) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.
MID PENN BANCORP INC is the larger business by last-quarter revenue ($62.0M vs $61.9M, roughly 1.0× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 31.4%, a 1186.4% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 30.8%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M 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.
Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.
IONQ vs MPB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $61.9M | $62.0M |
| Net Profit | $753.7M | $19.4M |
| Gross Margin | — | — |
| Operating Margin | -369.4% | 43.6% |
| Net Margin | 1217.8% | 31.4% |
| Revenue YoY | 428.5% | 30.8% |
| Net Profit YoY | 473.1% | 47.0% |
| EPS (diluted) | $2.60 | $0.83 |
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 | $62.0M | ||
| Q3 25 | $39.9M | $61.8M | ||
| Q2 25 | $20.7M | $54.3M | ||
| Q1 25 | — | $47.7M | ||
| Q4 24 | $11.7M | $47.4M | ||
| Q3 24 | $12.4M | $45.3M | ||
| Q2 24 | $11.4M | $44.1M | ||
| Q1 24 | — | $42.3M |
| Q4 25 | $753.7M | $19.4M | ||
| Q3 25 | $-1.1B | $18.3M | ||
| Q2 25 | $-176.8M | $4.8M | ||
| Q1 25 | — | $13.7M | ||
| Q4 24 | $-202.0M | $13.2M | ||
| Q3 24 | $-52.5M | $12.3M | ||
| Q2 24 | $-37.6M | $11.8M | ||
| Q1 24 | — | $12.1M |
| Q4 25 | -369.4% | 43.6% | ||
| Q3 25 | -423.5% | 39.3% | ||
| Q2 25 | -776.0% | 7.9% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | -661.9% | 34.1% | ||
| Q3 24 | -428.5% | 32.8% | ||
| Q2 24 | -430.0% | 32.4% | ||
| Q1 24 | — | 34.8% |
| Q4 25 | 1217.8% | 31.4% | ||
| Q3 25 | -2646.3% | 29.6% | ||
| Q2 25 | -854.5% | 8.8% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | -1725.0% | 27.9% | ||
| Q3 24 | -423.4% | 27.1% | ||
| Q2 24 | -330.0% | 26.7% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | $2.60 | $0.83 | ||
| Q3 25 | $-3.58 | $0.79 | ||
| Q2 25 | $-0.70 | $0.22 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | $-0.95 | $0.72 | ||
| Q3 24 | $-0.24 | $0.74 | ||
| Q2 24 | $-0.18 | $0.71 | ||
| Q1 24 | — | $0.73 |
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 | — | — |
| Stockholders' EquityBook value | $3.8B | $814.1M |
| Total Assets | $6.6B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
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 | $3.8B | $814.1M | ||
| Q3 25 | $2.3B | $796.3M | ||
| Q2 25 | $1.2B | $775.7M | ||
| Q1 25 | — | $667.9M | ||
| Q4 24 | $383.9M | $655.0M | ||
| Q3 24 | $435.7M | $573.1M | ||
| Q2 24 | $463.3M | $559.7M | ||
| Q1 24 | — | $551.0M |
| Q4 25 | $6.6B | $6.1B | ||
| Q3 25 | $4.3B | $6.3B | ||
| Q2 25 | $1.3B | $6.4B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | $508.4M | $5.5B | ||
| Q3 24 | $497.9M | $5.5B | ||
| Q2 24 | $517.4M | $5.4B | ||
| Q1 24 | — | $5.3B |
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 | $80.0M |
| Free Cash FlowOCF − Capex | $-83.3M | $71.8M |
| FCF MarginFCF / Revenue | -134.6% | 115.8% |
| Capex IntensityCapex / Revenue | 14.2% | 13.3% |
| Cash ConversionOCF / Net Profit | -0.10× | 4.12× |
| TTM Free Cash FlowTrailing 4 quarters | $-307.3M | $132.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-74.5M | $80.0M | ||
| Q3 25 | $-123.1M | $26.3M | ||
| Q2 25 | $-52.6M | $29.0M | ||
| Q1 25 | — | $11.5M | ||
| Q4 24 | $-39.4M | $51.4M | ||
| Q3 24 | $-19.2M | $16.9M | ||
| Q2 24 | $-26.6M | $18.0M | ||
| Q1 24 | — | $12.4M |
| Q4 25 | $-83.3M | $71.8M | ||
| Q3 25 | $-127.2M | $24.3M | ||
| Q2 25 | $-53.8M | $27.2M | ||
| Q1 25 | — | $8.8M | ||
| Q4 24 | $-43.0M | $44.5M | ||
| Q3 24 | $-23.0M | $16.8M | ||
| Q2 24 | $-34.1M | $17.7M | ||
| Q1 24 | — | $12.1M |
| Q4 25 | -134.6% | 115.8% | ||
| Q3 25 | -319.1% | 39.4% | ||
| Q2 25 | -259.8% | 50.1% | ||
| Q1 25 | — | 18.4% | ||
| Q4 24 | -367.4% | 93.8% | ||
| Q3 24 | -185.3% | 37.1% | ||
| Q2 24 | -299.3% | 40.2% | ||
| Q1 24 | — | 28.5% |
| Q4 25 | 14.2% | 13.3% | ||
| Q3 25 | 10.4% | 3.1% | ||
| Q2 25 | 5.8% | 3.2% | ||
| Q1 25 | — | 5.7% | ||
| Q4 24 | 30.7% | 14.6% | ||
| Q3 24 | 30.4% | 0.0% | ||
| Q2 24 | 65.8% | 0.7% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | -0.10× | 4.12× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 6.08× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | — | 1.37× | ||
| Q2 24 | — | 1.53× | ||
| Q1 24 | — | 1.02× |
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% |
MPB
Segment breakdown not available.