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Side-by-side financial comparison of IonQ, Inc. (IONQ) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $61.9M, roughly 1.1× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 2.0%, a 1215.7% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M 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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
IONQ vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.9M | $71.1M |
| Net Profit | $753.7M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | -369.4% | 13.1% |
| Net Margin | 1217.8% | 2.0% |
| Revenue YoY | 428.5% | -1.8% |
| Net Profit YoY | 473.1% | -75.2% |
| EPS (diluted) | $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.
| Q4 25 | $61.9M | $71.1M | ||
| Q3 25 | $39.9M | $73.2M | ||
| Q2 25 | $20.7M | $72.8M | ||
| Q1 25 | — | $74.5M | ||
| Q4 24 | $11.7M | $72.5M | ||
| Q3 24 | $12.4M | $78.5M | ||
| Q2 24 | $11.4M | $78.5M | ||
| Q1 24 | — | $78.3M |
| Q4 25 | $753.7M | $1.4M | ||
| Q3 25 | $-1.1B | $4.0M | ||
| Q2 25 | $-176.8M | $4.7M | ||
| Q1 25 | — | $-2.0M | ||
| Q4 24 | $-202.0M | $5.8M | ||
| Q3 24 | $-52.5M | $966.0K | ||
| Q2 24 | $-37.6M | $3.7M | ||
| Q1 24 | — | $-3.4M |
| Q4 25 | -369.4% | 13.1% | ||
| Q3 25 | -423.5% | 25.0% | ||
| Q2 25 | -776.0% | 19.3% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | -661.9% | 5.9% | ||
| Q3 24 | -428.5% | 19.4% | ||
| Q2 24 | -430.0% | 20.6% | ||
| Q1 24 | — | 5.8% |
| Q4 25 | 1217.8% | 2.0% | ||
| Q3 25 | -2646.3% | 5.4% | ||
| Q2 25 | -854.5% | 6.4% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | -1725.0% | 8.0% | ||
| Q3 24 | -423.4% | 1.2% | ||
| Q2 24 | -330.0% | 4.7% | ||
| Q1 24 | — | -4.3% |
| Q4 25 | $2.60 | — | ||
| Q3 25 | $-3.58 | — | ||
| Q2 25 | $-0.70 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-0.95 | — | ||
| Q3 24 | $-0.24 | — | ||
| Q2 24 | $-0.18 | — | ||
| Q1 24 | — | — |
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 | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $3.8B | $452.4M |
| Total Assets | $6.6B | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $118.7M | ||
| Q3 25 | $1.1B | $107.5M | ||
| Q2 25 | $546.9M | $94.3M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | $340.3M | $96.6M | ||
| Q3 24 | $365.7M | $83.8M | ||
| Q2 24 | $369.8M | $66.1M | ||
| Q1 24 | — | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $3.8B | $452.4M | ||
| Q3 25 | $2.3B | $448.1M | ||
| Q2 25 | $1.2B | $442.4M | ||
| Q1 25 | — | $433.5M | ||
| Q4 24 | $383.9M | $429.5M | ||
| Q3 24 | $435.7M | $423.1M | ||
| Q2 24 | $463.3M | $418.4M | ||
| Q1 24 | — | $412.0M |
| Q4 25 | $6.6B | $582.5M | ||
| Q3 25 | $4.3B | $582.2M | ||
| Q2 25 | $1.3B | $574.8M | ||
| Q1 25 | — | $571.4M | ||
| Q4 24 | $508.4M | $581.6M | ||
| Q3 24 | $497.9M | $578.6M | ||
| Q2 24 | $517.4M | $571.4M | ||
| Q1 24 | — | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $40.9M |
| Free Cash FlowOCF − Capex | $-83.3M | $33.5M |
| FCF MarginFCF / Revenue | -134.6% | 47.1% |
| Capex IntensityCapex / Revenue | 14.2% | 10.4% |
| Cash ConversionOCF / Net Profit | -0.10× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-307.3M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-74.5M | $40.9M | ||
| Q3 25 | $-123.1M | $17.7M | ||
| Q2 25 | $-52.6M | $4.6M | ||
| Q1 25 | — | $5.7M | ||
| Q4 24 | $-39.4M | $59.7M | ||
| Q3 24 | $-19.2M | $17.6M | ||
| Q2 24 | $-26.6M | $15.9M | ||
| Q1 24 | — | $9.4M |
| Q4 25 | $-83.3M | $33.5M | ||
| Q3 25 | $-127.2M | $16.4M | ||
| Q2 25 | $-53.8M | $2.9M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | $-43.0M | $53.0M | ||
| Q3 24 | $-23.0M | $16.3M | ||
| Q2 24 | $-34.1M | $14.0M | ||
| Q1 24 | — | $6.8M |
| Q4 25 | -134.6% | 47.1% | ||
| Q3 25 | -319.1% | 22.4% | ||
| Q2 25 | -259.8% | 4.0% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | -367.4% | 73.2% | ||
| Q3 24 | -185.3% | 20.8% | ||
| Q2 24 | -299.3% | 17.8% | ||
| Q1 24 | — | 8.6% |
| Q4 25 | 14.2% | 10.4% | ||
| Q3 25 | 10.4% | 1.8% | ||
| Q2 25 | 5.8% | 2.2% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | 30.7% | 9.1% | ||
| Q3 24 | 30.4% | 1.7% | ||
| Q2 24 | 65.8% | 2.4% | ||
| Q1 24 | — | 3.3% |
| Q4 25 | -0.10× | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
