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IonQ, Inc.（IONQ）与MP Materials Corp.（MP）财务数据对比。点击上方公司名可切换其他公司
MP Materials Corp.的季度营收约是IonQ, Inc.的1.5倍（$90.6M vs $61.9M），IonQ, Inc.净利率更高（1217.8% vs -8.8%，领先1226.5%），IonQ, Inc.同比增速更快（428.5% vs 49.1%）
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。
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
IONQ vs MP — 直观对比
营收规模更大
MP
是对方的1.5倍
$61.9M
营收增速更快
IONQ
高出379.5%
49.1%
净利率更高
IONQ
高出1226.5%
-8.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $61.9M | $90.6M |
| 净利润 | $753.7M | $-8.0M |
| 毛利率 | — | — |
| 营业利润率 | -369.4% | — |
| 净利率 | 1217.8% | -8.8% |
| 营收同比 | 428.5% | 49.1% |
| 净利润同比 | 473.1% | 64.8% |
| 每股收益（稀释后） | $2.60 | $-0.04 |
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IONQMP
| Q1 26 | — | $90.6M | ||
| Q4 25 | $61.9M | $52.7M | ||
| Q3 25 | $39.9M | $53.6M | ||
| Q2 25 | $20.7M | $57.4M | ||
| Q1 25 | — | $60.8M | ||
| Q4 24 | $11.7M | $61.0M | ||
| Q3 24 | $12.4M | $62.9M | ||
| Q2 24 | $11.4M | $31.3M |
净利润IONQMP
| Q1 26 | — | $-8.0M | ||
| Q4 25 | $753.7M | $9.4M | ||
| Q3 25 | $-1.1B | $-41.8M | ||
| Q2 25 | $-176.8M | $-30.9M | ||
| Q1 25 | — | $-22.6M | ||
| Q4 24 | $-202.0M | $-22.3M | ||
| Q3 24 | $-52.5M | $-25.5M | ||
| Q2 24 | $-37.6M | $-34.1M |
营业利润率IONQMP
| Q1 26 | — | — | ||
| Q4 25 | -369.4% | -7.0% | ||
| Q3 25 | -423.5% | -125.2% | ||
| Q2 25 | -776.0% | -76.5% | ||
| Q1 25 | — | -57.2% | ||
| Q4 24 | -661.9% | -72.1% | ||
| Q3 24 | -428.5% | -62.8% | ||
| Q2 24 | -430.0% | -171.1% |
净利率IONQMP
| Q1 26 | — | -8.8% | ||
| Q4 25 | 1217.8% | 17.9% | ||
| Q3 25 | -2646.3% | -78.0% | ||
| Q2 25 | -854.5% | -53.8% | ||
| Q1 25 | — | -37.2% | ||
| Q4 24 | -1725.0% | -36.6% | ||
| Q3 24 | -423.4% | -40.5% | ||
| Q2 24 | -330.0% | -108.9% |
每股收益（稀释后）IONQMP
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $2.60 | $0.07 | ||
| Q3 25 | $-3.58 | $-0.24 | ||
| Q2 25 | $-0.70 | $-0.19 | ||
| Q1 25 | — | $-0.14 | ||
| Q4 24 | $-0.95 | $-0.12 | ||
| Q3 24 | $-0.24 | $-0.16 | ||
| Q2 24 | $-0.18 | $-0.21 |
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 | $1.7B |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $3.8B | $2.0B |
| 总资产 | $6.6B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资IONQMP
| Q1 26 | — | $1.7B | ||
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $546.9M | $261.5M | ||
| Q1 25 | — | $198.3M | ||
| Q4 24 | $340.3M | $282.4M | ||
| Q3 24 | $365.7M | $284.4M | ||
| Q2 24 | $369.8M | $295.6M |
总债务IONQMP
| Q1 26 | — | $1.0B | ||
| Q4 25 | — | $998.7M | ||
| Q3 25 | — | $997.3M | ||
| Q2 25 | — | $910.8M | ||
| Q1 25 | — | $909.8M | ||
| Q4 24 | — | $908.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IONQMP
| Q1 26 | — | $2.0B | ||
| Q4 25 | $3.8B | $2.0B | ||
| Q3 25 | $2.3B | $2.0B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $383.9M | $1.1B | ||
| Q3 24 | $435.7M | $1.1B | ||
| Q2 24 | $463.3M | $1.1B |
总资产IONQMP
| Q1 26 | — | $3.8B | ||
| Q4 25 | $6.6B | $3.9B | ||
| Q3 25 | $4.3B | $3.8B | ||
| Q2 25 | $1.3B | $2.3B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | $508.4M | $2.3B | ||
| Q3 24 | $497.9M | $2.3B | ||
| Q2 24 | $517.4M | $2.4B |
负债/权益比IONQMP
| Q1 26 | — | 0.51× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.88× | ||
| Q4 24 | — | 0.86× | ||
| 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 | $-1.9M |
| 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IONQMP
| Q1 26 | — | $-1.9M | ||
| Q4 25 | $-74.5M | $-46.9M | ||
| Q3 25 | $-123.1M | $-42.0M | ||
| Q2 25 | $-52.6M | $-3.7M | ||
| Q1 25 | — | $-63.2M | ||
| Q4 24 | $-39.4M | $30.5M | ||
| Q3 24 | $-19.2M | $-6.8M | ||
| Q2 24 | $-26.6M | $30.8M |
自由现金流IONQMP
| Q1 26 | — | — | ||
| Q4 25 | $-83.3M | $-109.3M | ||
| Q3 25 | $-127.2M | $-92.5M | ||
| Q2 25 | $-53.8M | $-32.7M | ||
| Q1 25 | — | $-93.7M | ||
| Q4 24 | $-43.0M | $-11.2M | ||
| Q3 24 | $-23.0M | $-53.3M | ||
| Q2 24 | $-34.1M | $-15.6M |
自由现金流率IONQMP
| Q1 26 | — | — | ||
| Q4 25 | -134.6% | -207.4% | ||
| Q3 25 | -319.1% | -172.8% | ||
| Q2 25 | -259.8% | -56.9% | ||
| Q1 25 | — | -154.0% | ||
| Q4 24 | -367.4% | -18.3% | ||
| Q3 24 | -185.3% | -84.7% | ||
| Q2 24 | -299.3% | -50.1% |
资本支出强度IONQMP
| Q1 26 | — | — | ||
| Q4 25 | 14.2% | 118.5% | ||
| Q3 25 | 10.4% | 94.3% | ||
| Q2 25 | 5.8% | 50.5% | ||
| Q1 25 | — | 50.1% | ||
| Q4 24 | 30.7% | 68.3% | ||
| Q3 24 | 30.4% | 73.8% | ||
| Q2 24 | 65.8% | 148.7% |
现金转化率IONQMP
| Q1 26 | — | — | ||
| Q4 25 | -0.10× | -4.97× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% |
MP
| Materials Segment | $72.2M | 80% |
| Magnetics Segment | $21.1M | 23% |
