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Side-by-side financial comparison of IonQ, Inc. (IONQ) and Origin Bancorp, Inc. (OBK). Click either name above to swap in a different company.
Origin Bancorp, Inc. is the larger business by last-quarter revenue ($104.0M vs $61.9M, roughly 1.7× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 26.6%, a 1191.1% gap on every dollar of revenue.
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.
Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".
IONQ vs OBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $61.9M | $104.0M |
| Net Profit | $753.7M | $27.7M |
| Gross Margin | — | — |
| Operating Margin | -369.4% | — |
| Net Margin | 1217.8% | 26.6% |
| Revenue YoY | 428.5% | — |
| Net Profit YoY | 473.1% | — |
| EPS (diluted) | $2.60 | $0.89 |
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.
| Q1 26 | — | $104.0M | ||
| Q4 25 | $61.9M | $103.4M | ||
| Q3 25 | $39.9M | $109.8M | ||
| Q2 25 | $20.7M | $83.5M | ||
| Q1 25 | — | $94.1M | ||
| Q4 24 | $11.7M | $78.3M | ||
| Q3 24 | $12.4M | $90.8M | ||
| Q2 24 | $11.4M | $96.4M |
| Q1 26 | — | $27.7M | ||
| Q4 25 | $753.7M | $29.5M | ||
| Q3 25 | $-1.1B | $8.6M | ||
| Q2 25 | $-176.8M | $14.6M | ||
| Q1 25 | — | $22.4M | ||
| Q4 24 | $-202.0M | $14.3M | ||
| Q3 24 | $-52.5M | $18.6M | ||
| Q2 24 | $-37.6M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | -369.4% | 36.2% | ||
| Q3 25 | -423.5% | 10.0% | ||
| Q2 25 | -776.0% | 22.3% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | -661.9% | 23.0% | ||
| Q3 24 | -428.5% | 26.1% | ||
| Q2 24 | -430.0% | 27.7% |
| Q1 26 | — | 26.6% | ||
| Q4 25 | 1217.8% | 28.5% | ||
| Q3 25 | -2646.3% | 7.9% | ||
| Q2 25 | -854.5% | 17.5% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | -1725.0% | 18.2% | ||
| Q3 24 | -423.4% | 20.5% | ||
| Q2 24 | -330.0% | 21.8% |
| Q1 26 | — | $0.89 | ||
| Q4 25 | $2.60 | $0.95 | ||
| Q3 25 | $-3.58 | $0.27 | ||
| Q2 25 | $-0.70 | $0.47 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | $-0.95 | $0.45 | ||
| Q3 24 | $-0.24 | $0.60 | ||
| Q2 24 | $-0.18 | $0.67 |
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 | $1.3B |
| Total Assets | $6.6B | $10.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $424.2M | ||
| Q3 25 | $1.1B | $626.9M | ||
| Q2 25 | $546.9M | $334.1M | ||
| Q1 25 | — | $486.2M | ||
| Q4 24 | $340.3M | $470.2M | ||
| Q3 24 | $365.7M | $321.2M | ||
| Q2 24 | $369.8M | $288.1M |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $3.8B | $1.2B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $383.9M | $1.1B | ||
| Q3 24 | $435.7M | $1.1B | ||
| Q2 24 | $463.3M | $1.1B |
| Q1 26 | — | $10.2B | ||
| Q4 25 | $6.6B | $9.7B | ||
| Q3 25 | $4.3B | $9.8B | ||
| Q2 25 | $1.3B | $9.7B | ||
| Q1 25 | — | $9.8B | ||
| Q4 24 | $508.4M | $9.7B | ||
| Q3 24 | $497.9M | $10.0B | ||
| Q2 24 | $517.4M | $9.9B |
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 | — |
| Free Cash FlowOCF − Capex | $-83.3M | — |
| FCF MarginFCF / Revenue | -134.6% | — |
| Capex IntensityCapex / Revenue | 14.2% | — |
| Cash ConversionOCF / Net Profit | -0.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-307.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-74.5M | $158.9M | ||
| Q3 25 | $-123.1M | $59.3M | ||
| Q2 25 | $-52.6M | $20.6M | ||
| Q1 25 | — | $35.6M | ||
| Q4 24 | $-39.4M | $108.5M | ||
| Q3 24 | $-19.2M | $39.6M | ||
| Q2 24 | $-26.6M | $11.9M |
| Q1 26 | — | — | ||
| Q4 25 | $-83.3M | $151.1M | ||
| Q3 25 | $-127.2M | $56.8M | ||
| Q2 25 | $-53.8M | $19.6M | ||
| Q1 25 | — | $34.8M | ||
| Q4 24 | $-43.0M | $86.4M | ||
| Q3 24 | $-23.0M | $32.2M | ||
| Q2 24 | $-34.1M | $6.5M |
| Q1 26 | — | — | ||
| Q4 25 | -134.6% | 146.0% | ||
| Q3 25 | -319.1% | 51.7% | ||
| Q2 25 | -259.8% | 23.5% | ||
| Q1 25 | — | 37.0% | ||
| Q4 24 | -367.4% | 110.3% | ||
| Q3 24 | -185.3% | 35.5% | ||
| Q2 24 | -299.3% | 6.8% |
| Q1 26 | — | — | ||
| Q4 25 | 14.2% | 7.6% | ||
| Q3 25 | 10.4% | 2.3% | ||
| Q2 25 | 5.8% | 1.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | 30.7% | 28.1% | ||
| Q3 24 | 30.4% | 8.1% | ||
| Q2 24 | 65.8% | 5.6% |
| Q1 26 | — | — | ||
| Q4 25 | -0.10× | 5.38× | ||
| Q3 25 | — | 6.88× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | — | 7.60× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | — | 0.57× |
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% |
OBK
| Net Interest Income | $87.2M | 84% |
| Noninterest Income | $16.8M | 16% |
