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CSP INC（CSPI）与IonQ, Inc.（IONQ）财务数据对比。点击上方公司名可切换其他公司
IonQ, Inc.的季度营收约是CSP INC的5.1倍（$61.9M vs $12.0M）。IonQ, Inc.净利率更高（1217.8% vs 0.8%，领先1217.0%）。IonQ, Inc.同比增速更快（428.5% vs -23.2%）。CSP INC自由现金流更多（$-3.0M vs $-83.3M）。过去两年IonQ, Inc.的营收复合增速更高（185.7% vs -6.3%）
CSP Inc.是一家总部位于美国的科技企业，主营网络安全解决方案、托管IT服务、高性能计算系统及专业IT咨询服务，核心客户覆盖北美及部分国际市场的医疗、金融、制造、公共部门等领域的企业。
IonQ是总部位于美国马里兰州科利奇帕克的量子计算软硬件企业，专注研发通用型离子阱量子计算机及配套软件，可实现量子线路的生成、优化与执行，为多领域量子计算落地应用提供核心技术支持。
CSPI vs IONQ — 直观对比
营收规模更大
IONQ
是对方的5.1倍
$12.0M
营收增速更快
IONQ
高出451.7%
-23.2%
净利率更高
IONQ
高出1217.0%
0.8%
自由现金流更多
CSPI
多$80.3M
$-83.3M
两年增速更快
IONQ
近两年复合增速
-6.3%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $12.0M | $61.9M |
| 净利润 | $91.0K | $753.7M |
| 毛利率 | 39.3% | — |
| 营业利润率 | -0.9% | -369.4% |
| 净利率 | 0.8% | 1217.8% |
| 营收同比 | -23.2% | 428.5% |
| 净利润同比 | -80.7% | 473.1% |
| 每股收益（稀释后） | $0.01 | $2.60 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CSPIIONQ
| Q4 25 | $12.0M | $61.9M | ||
| Q3 25 | $14.5M | $39.9M | ||
| Q2 25 | $15.4M | $20.7M | ||
| Q1 25 | $13.1M | $7.6M | ||
| Q4 24 | $15.7M | $11.7M | ||
| Q3 24 | $13.0M | $12.4M | ||
| Q2 24 | $13.1M | $11.4M | ||
| Q1 24 | $13.7M | $7.6M |
净利润CSPIIONQ
| Q4 25 | $91.0K | $753.7M | ||
| Q3 25 | $-191.0K | $-1.1B | ||
| Q2 25 | $-264.0K | $-176.8M | ||
| Q1 25 | $-108.0K | $-32.3M | ||
| Q4 24 | $472.0K | $-202.0M | ||
| Q3 24 | $-1.7M | $-52.5M | ||
| Q2 24 | $-185.0K | $-37.6M | ||
| Q1 24 | $1.6M | $-39.6M |
毛利率CSPIIONQ
| Q4 25 | 39.3% | — | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 32.0% | — | ||
| Q4 24 | 29.1% | — | ||
| Q3 24 | 28.4% | — | ||
| Q2 24 | 35.0% | — | ||
| Q1 24 | 47.3% | — |
营业利润率CSPIIONQ
| Q4 25 | -0.9% | -369.4% | ||
| Q3 25 | -3.7% | -423.5% | ||
| Q2 25 | -7.9% | -776.0% | ||
| Q1 25 | -7.6% | -1000.3% | ||
| Q4 24 | -2.3% | -661.9% | ||
| Q3 24 | -15.7% | -428.5% | ||
| Q2 24 | -5.5% | -430.0% | ||
| Q1 24 | 9.0% | -697.4% |
净利率CSPIIONQ
| Q4 25 | 0.8% | 1217.8% | ||
| Q3 25 | -1.3% | -2646.3% | ||
| Q2 25 | -1.7% | -854.5% | ||
| Q1 25 | -0.8% | -426.3% | ||
| Q4 24 | 3.0% | -1725.0% | ||
| Q3 24 | -12.7% | -423.4% | ||
| Q2 24 | -1.4% | -330.0% | ||
| Q1 24 | 11.6% | -522.2% |
每股收益（稀释后）CSPIIONQ
| Q4 25 | $0.01 | $2.60 | ||
| Q3 25 | $-0.02 | $-3.58 | ||
| Q2 25 | $-0.03 | $-0.70 | ||
| Q1 25 | $-0.01 | $-0.14 | ||
| Q4 24 | $0.05 | $-0.95 | ||
| Q3 24 | $-0.17 | $-0.24 | ||
| Q2 24 | $-0.02 | $-0.18 | ||
| Q1 24 | $0.16 | $-0.19 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $24.9M | $2.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $44.8M | $3.8B |
| 总资产 | $69.2M | $6.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CSPIIONQ
| Q4 25 | $24.9M | $2.4B | ||
| Q3 25 | $27.4M | $1.1B | ||
| Q2 25 | $26.3M | $546.9M | ||
| Q1 25 | $29.5M | $588.3M | ||
| Q4 24 | $30.7M | $340.3M | ||
| Q3 24 | $30.6M | $365.7M | ||
| Q2 24 | $28.9M | $369.8M | ||
| Q1 24 | $27.1M | $375.4M |
股东权益CSPIIONQ
| Q4 25 | $44.8M | $3.8B | ||
| Q3 25 | $44.6M | $2.3B | ||
| Q2 25 | $47.5M | $1.2B | ||
| Q1 25 | $47.5M | $765.0M | ||
| Q4 24 | $47.5M | $383.9M | ||
| Q3 24 | $47.3M | $435.7M | ||
| Q2 24 | $48.1M | $463.3M | ||
| Q1 24 | $48.2M | $479.8M |
总资产CSPIIONQ
| Q4 25 | $69.2M | $6.6B | ||
| Q3 25 | $71.2M | $4.3B | ||
| Q2 25 | $66.8M | $1.3B | ||
| Q1 25 | $67.1M | $850.1M | ||
| Q4 24 | $67.5M | $508.4M | ||
| Q3 24 | $69.4M | $497.9M | ||
| Q2 24 | $66.8M | $517.4M | ||
| Q1 24 | $64.2M | $543.9M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-2.9M | $-74.5M |
| 自由现金流经营现金流 - 资本支出 | $-3.0M | $-83.3M |
| 自由现金流率自由现金流/营收 | -25.1% | -134.6% |
| 资本支出强度资本支出/营收 | 0.9% | 14.2% |
| 现金转化率经营现金流/净利润 | -32.04× | -0.10× |
| 过去12个月自由现金流最近4个季度 | $-2.8M | $-299.6M |
8季度趋势，按日历期对齐
经营现金流CSPIIONQ
| Q4 25 | $-2.9M | $-74.5M | ||
| Q3 25 | $1.9M | $-123.1M | ||
| Q2 25 | $-3.3M | $-52.6M | ||
| Q1 25 | $1.9M | $-33.0M | ||
| Q4 24 | $1.7M | $-39.4M | ||
| Q3 24 | $-1.5M | $-19.2M | ||
| Q2 24 | $2.4M | $-26.6M | ||
| Q1 24 | $1.7M | $-20.5M |
自由现金流CSPIIONQ
| Q4 25 | $-3.0M | $-83.3M | ||
| Q3 25 | $1.7M | $-127.2M | ||
| Q2 25 | $-3.3M | $-53.8M | ||
| Q1 25 | $1.9M | $-35.3M | ||
| Q4 24 | $1.7M | $-43.0M | ||
| Q3 24 | $-1.5M | $-23.0M | ||
| Q2 24 | $2.4M | $-34.1M | ||
| Q1 24 | $1.6M | $-23.6M |
自由现金流率CSPIIONQ
| Q4 25 | -25.1% | -134.6% | ||
| Q3 25 | 11.5% | -319.1% | ||
| Q2 25 | -21.7% | -259.8% | ||
| Q1 25 | 14.5% | -467.0% | ||
| Q4 24 | 10.8% | -367.4% | ||
| Q3 24 | -11.7% | -185.3% | ||
| Q2 24 | 17.9% | -299.3% | ||
| Q1 24 | 11.9% | -311.3% |
资本支出强度CSPIIONQ
| Q4 25 | 0.9% | 14.2% | ||
| Q3 25 | 1.6% | 10.4% | ||
| Q2 25 | 0.4% | 5.8% | ||
| Q1 25 | 0.1% | 30.5% | ||
| Q4 24 | 0.3% | 30.7% | ||
| Q3 24 | 0.1% | 30.4% | ||
| Q2 24 | 0.3% | 65.8% | ||
| Q1 24 | 0.1% | 41.4% |
现金转化率CSPIIONQ
| Q4 25 | -32.04× | -0.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.69× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.04× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CSPI
| Products | $6.7M | 56% |
| Services | $5.3M | 44% |
IONQ
暂无分部数据
