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IonQ, Inc.（IONQ）与MERCANTILE BANK CORP（MBWM）财务数据对比。点击上方公司名可切换其他公司
MERCANTILE BANK CORP的季度营收约是IonQ, Inc.的1.1倍（$67.6M vs $61.9M），IonQ, Inc.净利率更高（1217.8% vs 33.6%，领先1184.2%）
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。
泰米尔纳德商业银行（TMB）是一家印度银行，总部位于泰米尔纳德邦杜蒂戈林。该行始建于1921年，最初名为纳达尔银行，1962年11月更名为泰米尔纳德商业银行，以拓展纳达尔社群以外的业务。目前该银行在印度全境拥有600家全功能网点、12个区域办事处及各类配套服务中心与自助设施。
IONQ vs MBWM — 直观对比
营收规模更大
MBWM
是对方的1.1倍
$61.9M
净利率更高
IONQ
高出1184.2%
33.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $61.9M | $67.6M |
| 净利润 | $753.7M | $22.7M |
| 毛利率 | — | — |
| 营业利润率 | -369.4% | — |
| 净利率 | 1217.8% | 33.6% |
| 营收同比 | 428.5% | — |
| 净利润同比 | 473.1% | 16.1% |
| 每股收益（稀释后） | $2.60 | $1.32 |
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IONQMBWM
| Q1 26 | — | $67.6M | ||
| Q4 25 | $61.9M | $62.1M | ||
| Q3 25 | $39.9M | $62.4M | ||
| Q2 25 | $20.7M | $60.9M | ||
| Q1 25 | — | $57.3M | ||
| Q4 24 | $11.7M | $58.5M | ||
| Q3 24 | $12.4M | $58.0M | ||
| Q2 24 | $11.4M | $56.8M |
净利润IONQMBWM
| Q1 26 | — | $22.7M | ||
| Q4 25 | $753.7M | $22.8M | ||
| Q3 25 | $-1.1B | $23.8M | ||
| Q2 25 | $-176.8M | $22.6M | ||
| Q1 25 | — | $19.5M | ||
| Q4 24 | $-202.0M | $19.6M | ||
| Q3 24 | $-52.5M | $19.6M | ||
| Q2 24 | $-37.6M | $18.8M |
营业利润率IONQMBWM
| Q1 26 | — | — | ||
| Q4 25 | -369.4% | 42.0% | ||
| Q3 25 | -423.5% | 44.0% | ||
| Q2 25 | -776.0% | 42.6% | ||
| Q1 25 | — | 42.0% | ||
| Q4 24 | -661.9% | 39.7% | ||
| Q3 24 | -428.5% | 42.4% | ||
| Q2 24 | -430.0% | 41.4% |
净利率IONQMBWM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 1217.8% | 36.8% | ||
| Q3 25 | -2646.3% | 38.1% | ||
| Q2 25 | -854.5% | 37.1% | ||
| Q1 25 | — | 34.1% | ||
| Q4 24 | -1725.0% | 33.5% | ||
| Q3 24 | -423.4% | 33.8% | ||
| Q2 24 | -330.0% | 33.1% |
每股收益（稀释后）IONQMBWM
| Q1 26 | — | $1.32 | ||
| Q4 25 | $2.60 | $1.41 | ||
| Q3 25 | $-3.58 | $1.46 | ||
| Q2 25 | $-0.70 | $1.39 | ||
| Q1 25 | — | $1.21 | ||
| Q4 24 | $-0.95 | $1.20 | ||
| Q3 24 | $-0.24 | $1.22 | ||
| Q2 24 | $-0.18 | $1.17 |
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 | $2.4B | — |
| 总债务越低越好 | — | $1.5M |
| 股东权益账面价值 | $3.8B | $736.9M |
| 总资产 | $6.6B | $6.9B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资IONQMBWM
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $546.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $340.3M | — | ||
| Q3 24 | $365.7M | — | ||
| Q2 24 | $369.8M | — |
总债务IONQMBWM
| Q1 26 | — | $1.5M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IONQMBWM
| Q1 26 | — | $736.9M | ||
| Q4 25 | $3.8B | $724.9M | ||
| Q3 25 | $2.3B | $657.6M | ||
| Q2 25 | $1.2B | $631.5M | ||
| Q1 25 | — | $608.3M | ||
| Q4 24 | $383.9M | $584.5M | ||
| Q3 24 | $435.7M | $583.3M | ||
| Q2 24 | $463.3M | $551.2M |
总资产IONQMBWM
| Q1 26 | — | $6.9B | ||
| Q4 25 | $6.6B | $6.8B | ||
| Q3 25 | $4.3B | $6.3B | ||
| Q2 25 | $1.3B | $6.2B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | $508.4M | $6.1B | ||
| Q3 24 | $497.9M | $5.9B | ||
| Q2 24 | $517.4M | $5.6B |
负债/权益比IONQMBWM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-74.5M | — |
| 自由现金流经营现金流 - 资本支出 | $-83.3M | — |
| 自由现金流率自由现金流/营收 | -134.6% | — |
| 资本支出强度资本支出/营收 | 14.2% | — |
| 现金转化率经营现金流/净利润 | -0.10× | — |
| 过去12个月自由现金流最近4个季度 | $-307.3M | — |
8季度趋势，按日历期对齐
经营现金流IONQMBWM
| Q1 26 | — | — | ||
| Q4 25 | $-74.5M | $18.0M | ||
| Q3 25 | $-123.1M | $23.1M | ||
| Q2 25 | $-52.6M | $-7.8M | ||
| Q1 25 | — | $-3.0M | ||
| Q4 24 | $-39.4M | $101.1M | ||
| Q3 24 | $-19.2M | $-8.1M | ||
| Q2 24 | $-26.6M | $9.1M |
自由现金流IONQMBWM
| Q1 26 | — | — | ||
| Q4 25 | $-83.3M | — | ||
| Q3 25 | $-127.2M | — | ||
| Q2 25 | $-53.8M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-43.0M | — | ||
| Q3 24 | $-23.0M | — | ||
| Q2 24 | $-34.1M | — |
自由现金流率IONQMBWM
| Q1 26 | — | — | ||
| Q4 25 | -134.6% | — | ||
| Q3 25 | -319.1% | — | ||
| Q2 25 | -259.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -367.4% | — | ||
| Q3 24 | -185.3% | — | ||
| Q2 24 | -299.3% | — |
资本支出强度IONQMBWM
| Q1 26 | — | — | ||
| Q4 25 | 14.2% | — | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 30.7% | — | ||
| Q3 24 | 30.4% | — | ||
| Q2 24 | 65.8% | — |
现金转化率IONQMBWM
| Q1 26 | — | — | ||
| Q4 25 | -0.10× | 0.79× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | -0.35× | ||
| Q1 25 | — | -0.15× | ||
| Q4 24 | — | 5.15× | ||
| Q3 24 | — | -0.41× | ||
| Q2 24 | — | 0.49× |
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
IONQ
| Other | $31.2M | 50% |
| Platform Consulting And Support Services | $30.7M | 50% |
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
