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IonQ, Inc.（IONQ）与OCTAVE SPECIALTY GROUP INC（OSG）财务数据对比。点击上方公司名可切换其他公司
OCTAVE SPECIALTY GROUP INC的季度营收约是IonQ, Inc.的1.7倍（$104.2M vs $61.9M），IonQ, Inc.净利率更高（1217.8% vs -6.6%，领先1224.3%），IonQ, Inc.同比增速更快（428.5% vs 66.0%）
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。
奥克塔夫专业集团是一家专业保险控股企业，主营定制化财产与意外伤害保险产品，核心业务聚焦超额剩余保险领域，为北美地区的商业及个人客户提供定制化风险保障解决方案。
IONQ vs OSG — 直观对比
营收规模更大
OSG
是对方的1.7倍
$61.9M
营收增速更快
IONQ
高出362.5%
66.0%
净利率更高
IONQ
高出1224.3%
-6.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $61.9M | $104.2M |
| 净利润 | $753.7M | $-6.9M |
| 毛利率 | — | — |
| 营业利润率 | -369.4% | — |
| 净利率 | 1217.8% | -6.6% |
| 营收同比 | 428.5% | 66.0% |
| 净利润同比 | 473.1% | — |
| 每股收益（稀释后） | $2.60 | $-0.13 |
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IONQOSG
| Q1 26 | — | $104.2M | ||
| Q4 25 | $61.9M | $66.9M | ||
| Q3 25 | $39.9M | $66.6M | ||
| Q2 25 | $20.7M | $55.0M | ||
| Q1 25 | — | $62.8M | ||
| Q4 24 | $11.7M | $65.2M | ||
| Q3 24 | $12.4M | $70.0M | ||
| Q2 24 | $11.4M | $51.0M |
净利润IONQOSG
| Q1 26 | — | $-6.9M | ||
| Q4 25 | $753.7M | $-29.7M | ||
| Q3 25 | $-1.1B | $-112.6M | ||
| Q2 25 | $-176.8M | $-72.7M | ||
| Q1 25 | — | $-44.7M | ||
| Q4 24 | $-202.0M | $-20.9M | ||
| Q3 24 | $-52.5M | $-27.5M | ||
| Q2 24 | $-37.6M | $-750.0K |
营业利润率IONQOSG
| Q1 26 | — | — | ||
| Q4 25 | -369.4% | -76.7% | ||
| Q3 25 | -423.5% | -48.2% | ||
| Q2 25 | -776.0% | -41.8% | ||
| Q1 25 | — | -24.1% | ||
| Q4 24 | -661.9% | -55.5% | ||
| Q3 24 | -428.5% | -29.7% | ||
| Q2 24 | -430.0% | -28.9% |
净利率IONQOSG
| Q1 26 | — | -6.6% | ||
| Q4 25 | 1217.8% | -73.8% | ||
| Q3 25 | -2646.3% | -169.1% | ||
| Q2 25 | -854.5% | -132.3% | ||
| Q1 25 | — | -71.3% | ||
| Q4 24 | -1725.0% | -55.1% | ||
| Q3 24 | -423.4% | -39.3% | ||
| Q2 24 | -330.0% | -1.5% |
每股收益（稀释后）IONQOSG
| Q1 26 | — | $-0.13 | ||
| Q4 25 | $2.60 | $-0.82 | ||
| Q3 25 | $-3.58 | $-2.35 | ||
| Q2 25 | $-0.70 | $-1.54 | ||
| Q1 25 | — | $-1.22 | ||
| Q4 24 | $-0.95 | $-11.75 | ||
| Q3 24 | $-0.24 | $-0.63 | ||
| Q2 24 | $-0.18 | $-0.02 |
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 | — | $117.1M |
| 股东权益账面价值 | $3.8B | $833.6M |
| 总资产 | $6.6B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资IONQOSG
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $146.4M | ||
| Q3 25 | $1.1B | $27.5M | ||
| Q2 25 | $546.9M | $22.5M | ||
| Q1 25 | — | $34.1M | ||
| Q4 24 | $340.3M | $157.2M | ||
| Q3 24 | $365.7M | $40.8M | ||
| Q2 24 | $369.8M | $14.6M |
总债务IONQOSG
| Q1 26 | — | $117.1M | ||
| Q4 25 | — | $117.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $518.0M | ||
| Q2 24 | — | $515.0M |
股东权益IONQOSG
| Q1 26 | — | $833.6M | ||
| Q4 25 | $3.8B | $715.8M | ||
| Q3 25 | $2.3B | $843.4M | ||
| Q2 25 | $1.2B | $859.8M | ||
| Q1 25 | — | $852.2M | ||
| Q4 24 | $383.9M | $798.4M | ||
| Q3 24 | $435.7M | $1.5B | ||
| Q2 24 | $463.3M | $1.4B |
总资产IONQOSG
| Q1 26 | — | $2.3B | ||
| Q4 25 | $6.6B | $2.2B | ||
| Q3 25 | $4.3B | $2.1B | ||
| Q2 25 | $1.3B | $8.5B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | $508.4M | $8.1B | ||
| Q3 24 | $497.9M | $9.3B | ||
| Q2 24 | $517.4M | $8.2B |
负债/权益比IONQOSG
| Q1 26 | — | 0.14× | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.38× |
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IONQOSG
| Q1 26 | — | — | ||
| Q4 25 | $-74.5M | $-52.3M | ||
| Q3 25 | $-123.1M | $-41.2M | ||
| Q2 25 | $-52.6M | $2.1M | ||
| Q1 25 | — | $-12.6M | ||
| Q4 24 | $-39.4M | $762.0K | ||
| Q3 24 | $-19.2M | $48.9M | ||
| Q2 24 | $-26.6M | $20.4M |
自由现金流IONQOSG
| 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IONQOSG
| 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IONQOSG
| 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IONQOSG
| Q1 26 | — | — | ||
| Q4 25 | -0.10× | — | ||
| 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% |
OSG
| Commissions | $68.2M | 65% |
| Other | $20.6M | 20% |
| Servicing and other fees | $9.4M | 9% |
| Program fees | $3.6M | 3% |
| Investment income | $2.4M | 2% |
