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Side-by-side financial comparison of IonQ, Inc. (IONQ) and Silvercrest Asset Management Group Inc. (SAMG). Click either name above to swap in a different company.
IonQ, Inc. is the larger business by last-quarter revenue ($61.9M vs $32.0M, roughly 1.9× Silvercrest Asset Management Group Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs -0.4%, a 1218.1% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs -0.0%). Silvercrest Asset Management Group Inc. produced more free cash flow last quarter ($15.0M 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.
IONQ vs SAMG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.9M | $32.0M |
| Net Profit | $753.7M | $-120.0K |
| Gross Margin | — | — |
| Operating Margin | -369.4% | -2.8% |
| Net Margin | 1217.8% | -0.4% |
| Revenue YoY | 428.5% | -0.0% |
| Net Profit YoY | 473.1% | -107.4% |
| 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 | $32.0M | ||
| Q3 25 | $39.9M | $31.3M | ||
| Q2 25 | $20.7M | $30.7M | ||
| Q1 25 | — | $31.4M | ||
| Q4 24 | $11.7M | $32.0M | ||
| Q3 24 | $12.4M | $30.4M | ||
| Q2 24 | $11.4M | $31.0M | ||
| Q1 24 | — | $30.3M |
| Q4 25 | $753.7M | $-120.0K | ||
| Q3 25 | $-1.1B | $618.0K | ||
| Q2 25 | $-176.8M | $1.9M | ||
| Q1 25 | — | $2.5M | ||
| Q4 24 | $-202.0M | $1.6M | ||
| Q3 24 | $-52.5M | $2.3M | ||
| Q2 24 | $-37.6M | $2.7M | ||
| Q1 24 | — | $3.0M |
| Q4 25 | -369.4% | -2.8% | ||
| Q3 25 | -423.5% | 4.3% | ||
| Q2 25 | -776.0% | 13.2% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | -661.9% | 6.1% | ||
| Q3 24 | -428.5% | 14.6% | ||
| Q2 24 | -430.0% | 17.1% | ||
| Q1 24 | — | 19.5% |
| Q4 25 | 1217.8% | -0.4% | ||
| Q3 25 | -2646.3% | 2.0% | ||
| Q2 25 | -854.5% | 6.3% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | -1725.0% | 5.1% | ||
| Q3 24 | -423.4% | 7.4% | ||
| Q2 24 | -330.0% | 8.6% | ||
| Q1 24 | — | 9.9% |
| Q4 25 | $2.60 | $0.02 | ||
| Q3 25 | $-3.58 | $0.07 | ||
| Q2 25 | $-0.70 | $0.21 | ||
| Q1 25 | — | $0.26 | ||
| Q4 24 | $-0.95 | $0.16 | ||
| Q3 24 | $-0.24 | $0.24 | ||
| Q2 24 | $-0.18 | $0.28 | ||
| Q1 24 | — | $0.32 |
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 | $44.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.8B | $50.3M |
| Total Assets | $6.6B | $166.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $44.1M | ||
| Q3 25 | $1.1B | $36.1M | ||
| Q2 25 | $546.9M | $30.0M | ||
| Q1 25 | — | $36.3M | ||
| Q4 24 | $340.3M | $68.6M | ||
| Q3 24 | $365.7M | $58.1M | ||
| Q2 24 | $369.8M | $49.9M | ||
| Q1 24 | — | $39.7M |
| Q4 25 | $3.8B | $50.3M | ||
| Q3 25 | $2.3B | $58.9M | ||
| Q2 25 | $1.2B | $64.6M | ||
| Q1 25 | — | $80.0M | ||
| Q4 24 | $383.9M | $80.7M | ||
| Q3 24 | $435.7M | $84.6M | ||
| Q2 24 | $463.3M | $85.3M | ||
| Q1 24 | — | $83.9M |
| Q4 25 | $6.6B | $166.6M | ||
| Q3 25 | $4.3B | $157.6M | ||
| Q2 25 | $1.3B | $152.7M | ||
| Q1 25 | — | $159.9M | ||
| Q4 24 | $508.4M | $194.4M | ||
| Q3 24 | $497.9M | $184.2M | ||
| Q2 24 | $517.4M | $177.6M | ||
| Q1 24 | — | $170.2M |
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 | $18.6M |
| Free Cash FlowOCF − Capex | $-83.3M | $15.0M |
| FCF MarginFCF / Revenue | -134.6% | 46.9% |
| Capex IntensityCapex / Revenue | 14.2% | 11.4% |
| Cash ConversionOCF / Net Profit | -0.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-307.3M | $17.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-74.5M | $18.6M | ||
| Q3 25 | $-123.1M | $14.6M | ||
| Q2 25 | $-52.6M | $13.8M | ||
| Q1 25 | — | $-24.7M | ||
| Q4 24 | $-39.4M | $21.6M | ||
| Q3 24 | $-19.2M | $13.3M | ||
| Q2 24 | $-26.6M | $16.0M | ||
| Q1 24 | — | $-24.1M |
| Q4 25 | $-83.3M | $15.0M | ||
| Q3 25 | $-127.2M | $13.8M | ||
| Q2 25 | $-53.8M | $13.4M | ||
| Q1 25 | — | $-25.1M | ||
| Q4 24 | $-43.0M | $19.9M | ||
| Q3 24 | $-23.0M | $12.9M | ||
| Q2 24 | $-34.1M | $15.6M | ||
| Q1 24 | — | $-24.7M |
| Q4 25 | -134.6% | 46.9% | ||
| Q3 25 | -319.1% | 44.1% | ||
| Q2 25 | -259.8% | 43.6% | ||
| Q1 25 | — | -80.0% | ||
| Q4 24 | -367.4% | 62.2% | ||
| Q3 24 | -185.3% | 42.4% | ||
| Q2 24 | -299.3% | 50.4% | ||
| Q1 24 | — | -81.6% |
| Q4 25 | 14.2% | 11.4% | ||
| Q3 25 | 10.4% | 2.6% | ||
| Q2 25 | 5.8% | 1.5% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | 30.7% | 5.3% | ||
| Q3 24 | 30.4% | 1.2% | ||
| Q2 24 | 65.8% | 1.1% | ||
| Q1 24 | — | 2.0% |
| Q4 25 | -0.10× | — | ||
| Q3 25 | — | 23.62× | ||
| Q2 25 | — | 7.22× | ||
| Q1 25 | — | -10.01× | ||
| Q4 24 | — | 13.34× | ||
| Q3 24 | — | 5.90× | ||
| Q2 24 | — | 6.00× | ||
| Q1 24 | — | -8.03× |
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% |
SAMG
| Investment Advisory Management And Administrative Service | $30.7M | 96% |
| Tax And Family Office Services | $1.2M | 4% |
