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Side-by-side financial comparison of IonQ, Inc. (IONQ) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
VIEMED HEALTHCARE, INC. is the larger business by last-quarter revenue ($76.2M vs $61.9M, roughly 1.2× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 7.4%, a 1210.4% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 25.5%). VIEMED HEALTHCARE, INC. produced more free cash flow last quarter ($9.7M 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.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
IONQ vs VMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.9M | $76.2M |
| Net Profit | $753.7M | $5.6M |
| Gross Margin | — | 57.9% |
| Operating Margin | -369.4% | 11.0% |
| Net Margin | 1217.8% | 7.4% |
| Revenue YoY | 428.5% | 25.5% |
| Net Profit YoY | 473.1% | 30.7% |
| EPS (diluted) | $2.60 | $0.14 |
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 | $76.2M | ||
| Q3 25 | $39.9M | $71.9M | ||
| Q2 25 | $20.7M | $63.1M | ||
| Q1 25 | — | $59.1M | ||
| Q4 24 | $11.7M | $60.7M | ||
| Q3 24 | $12.4M | $58.0M | ||
| Q2 24 | $11.4M | $55.0M | ||
| Q1 24 | — | $50.6M |
| Q4 25 | $753.7M | $5.6M | ||
| Q3 25 | $-1.1B | $3.5M | ||
| Q2 25 | $-176.8M | $3.2M | ||
| Q1 25 | — | $2.6M | ||
| Q4 24 | $-202.0M | $4.3M | ||
| Q3 24 | $-52.5M | $3.9M | ||
| Q2 24 | $-37.6M | $1.5M | ||
| Q1 24 | — | $1.6M |
| Q4 25 | — | 57.9% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 58.3% | ||
| Q1 25 | — | 56.3% | ||
| Q4 24 | — | 59.5% | ||
| Q3 24 | — | 59.3% | ||
| Q2 24 | — | 59.8% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | -369.4% | 11.0% | ||
| Q3 25 | -423.5% | 7.8% | ||
| Q2 25 | -776.0% | 8.1% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | -661.9% | 10.6% | ||
| Q3 24 | -428.5% | 9.7% | ||
| Q2 24 | -430.0% | 6.6% | ||
| Q1 24 | — | 4.4% |
| Q4 25 | 1217.8% | 7.4% | ||
| Q3 25 | -2646.3% | 4.9% | ||
| Q2 25 | -854.5% | 5.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | -1725.0% | 7.1% | ||
| Q3 24 | -423.4% | 6.7% | ||
| Q2 24 | -330.0% | 2.7% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | $2.60 | $0.14 | ||
| Q3 25 | $-3.58 | $0.09 | ||
| Q2 25 | $-0.70 | $0.08 | ||
| Q1 25 | — | $0.06 | ||
| Q4 24 | $-0.95 | $0.10 | ||
| Q3 24 | $-0.24 | $0.10 | ||
| Q2 24 | $-0.18 | $0.04 | ||
| Q1 24 | — | $0.04 |
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 | $13.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.8B | $141.5M |
| Total Assets | $6.6B | $199.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $13.5M | ||
| Q3 25 | $1.1B | $11.1M | ||
| Q2 25 | $546.9M | $20.0M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | $340.3M | $17.5M | ||
| Q3 24 | $365.7M | $11.3M | ||
| Q2 24 | $369.8M | $8.8M | ||
| Q1 24 | — | $7.3M |
| Q4 25 | $3.8B | $141.5M | ||
| Q3 25 | $2.3B | $133.6M | ||
| Q2 25 | $1.2B | $139.7M | ||
| Q1 25 | — | $134.8M | ||
| Q4 24 | $383.9M | $131.4M | ||
| Q3 24 | $435.7M | $125.0M | ||
| Q2 24 | $463.3M | $119.4M | ||
| Q1 24 | — | $116.3M |
| Q4 25 | $6.6B | $199.2M | ||
| Q3 25 | $4.3B | $202.4M | ||
| Q2 25 | $1.3B | $184.6M | ||
| Q1 25 | — | $178.1M | ||
| Q4 24 | $508.4M | $177.1M | ||
| Q3 24 | $497.9M | $169.5M | ||
| Q2 24 | $517.4M | $163.9M | ||
| Q1 24 | — | $154.9M |
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 | $18.4M |
| Free Cash FlowOCF − Capex | $-83.3M | $9.7M |
| FCF MarginFCF / Revenue | -134.6% | 12.7% |
| Capex IntensityCapex / Revenue | 14.2% | 11.5% |
| Cash ConversionOCF / Net Profit | -0.10× | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | $-307.3M | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-74.5M | $18.4M | ||
| Q3 25 | $-123.1M | $18.4M | ||
| Q2 25 | $-52.6M | $12.3M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | $-39.4M | $15.0M | ||
| Q3 24 | $-19.2M | $12.7M | ||
| Q2 24 | $-26.6M | $10.2M | ||
| Q1 24 | — | $1.2M |
| Q4 25 | $-83.3M | $9.7M | ||
| Q3 25 | $-127.2M | $10.7M | ||
| Q2 25 | $-53.8M | $4.1M | ||
| Q1 25 | — | $-12.6M | ||
| Q4 24 | $-43.0M | $3.2M | ||
| Q3 24 | $-23.0M | $1.7M | ||
| Q2 24 | $-34.1M | $1.2M | ||
| Q1 24 | — | $-4.8M |
| Q4 25 | -134.6% | 12.7% | ||
| Q3 25 | -319.1% | 14.9% | ||
| Q2 25 | -259.8% | 6.5% | ||
| Q1 25 | — | -21.4% | ||
| Q4 24 | -367.4% | 5.2% | ||
| Q3 24 | -185.3% | 3.0% | ||
| Q2 24 | -299.3% | 2.3% | ||
| Q1 24 | — | -9.5% |
| Q4 25 | 14.2% | 11.5% | ||
| Q3 25 | 10.4% | 10.6% | ||
| Q2 25 | 5.8% | 12.9% | ||
| Q1 25 | — | 26.2% | ||
| Q4 24 | 30.7% | 19.5% | ||
| Q3 24 | 30.4% | 19.0% | ||
| Q2 24 | 65.8% | 16.3% | ||
| Q1 24 | — | 11.9% |
| Q4 25 | -0.10× | 3.27× | ||
| Q3 25 | — | 5.23× | ||
| Q2 25 | — | 3.88× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 3.47× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 6.94× | ||
| Q1 24 | — | 0.73× |
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% |
VMD
Segment breakdown not available.
