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IonQ, Inc.（IONQ）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是IonQ, Inc.的1.3倍（$81.3M vs $61.9M），IonQ, Inc.净利率更高（1217.8% vs -72.8%，领先1290.6%），IonQ, Inc.同比增速更快（428.5% vs 32.6%），Planet Labs PBC自由现金流更多（$1.9M vs $-83.3M）
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。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
IONQ vs PL — 直观对比
营收规模更大
PL
是对方的1.3倍
$61.9M
营收增速更快
IONQ
高出395.9%
32.6%
净利率更高
IONQ
高出1290.6%
-72.8%
自由现金流更多
PL
多$85.2M
$-83.3M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $61.9M | $81.3M |
| 净利润 | $753.7M | $-59.2M |
| 毛利率 | — | 57.3% |
| 营业利润率 | -369.4% | -22.6% |
| 净利率 | 1217.8% | -72.8% |
| 营收同比 | 428.5% | 32.6% |
| 净利润同比 | 473.1% | -194.7% |
| 每股收益（稀释后） | $2.60 | $-0.19 |
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IONQPL
| Q4 25 | $61.9M | $81.3M | ||
| Q3 25 | $39.9M | $73.4M | ||
| Q2 25 | $20.7M | $66.3M | ||
| Q1 25 | — | $61.6M | ||
| Q4 24 | $11.7M | $61.3M | ||
| Q3 24 | $12.4M | $61.1M | ||
| Q2 24 | $11.4M | $60.4M | ||
| Q1 24 | — | $58.9M |
净利润IONQPL
| Q4 25 | $753.7M | $-59.2M | ||
| Q3 25 | $-1.1B | $-22.6M | ||
| Q2 25 | $-176.8M | $-12.6M | ||
| Q1 25 | — | $-35.2M | ||
| Q4 24 | $-202.0M | $-20.1M | ||
| Q3 24 | $-52.5M | $-38.7M | ||
| Q2 24 | $-37.6M | $-29.3M | ||
| Q1 24 | — | $-30.1M |
毛利率IONQPL
| Q4 25 | — | 57.3% | ||
| Q3 25 | — | 57.6% | ||
| Q2 25 | — | 55.2% | ||
| Q1 25 | — | 62.1% | ||
| Q4 24 | — | 61.2% | ||
| Q3 24 | — | 52.9% | ||
| Q2 24 | — | 52.4% | ||
| Q1 24 | — | 55.2% |
营业利润率IONQPL
| Q4 25 | -369.4% | -22.6% | ||
| Q3 25 | -423.5% | -24.5% | ||
| Q2 25 | -776.0% | -34.4% | ||
| Q1 25 | — | -31.5% | ||
| Q4 24 | -661.9% | -36.9% | ||
| Q3 24 | -428.5% | -64.8% | ||
| Q2 24 | -430.0% | -57.2% | ||
| Q1 24 | — | -57.6% |
净利率IONQPL
| Q4 25 | 1217.8% | -72.8% | ||
| Q3 25 | -2646.3% | -30.8% | ||
| Q2 25 | -854.5% | -19.1% | ||
| Q1 25 | — | -57.1% | ||
| Q4 24 | -1725.0% | -32.8% | ||
| Q3 24 | -423.4% | -63.3% | ||
| Q2 24 | -330.0% | -48.5% | ||
| Q1 24 | — | -51.1% |
每股收益（稀释后）IONQPL
| Q4 25 | $2.60 | $-0.19 | ||
| Q3 25 | $-3.58 | $-0.07 | ||
| Q2 25 | $-0.70 | $-0.04 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | $-0.95 | $-0.07 | ||
| Q3 24 | $-0.24 | $-0.13 | ||
| Q2 24 | $-0.18 | $-0.10 | ||
| Q1 24 | — | $-0.10 |
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 | $443.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.8B | $349.6M |
| 总资产 | $6.6B | $1.1B |
| 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IONQPL
| Q4 25 | $2.4B | $443.3M | ||
| Q3 25 | $1.1B | $181.1M | ||
| Q2 25 | $546.9M | $133.5M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | $340.3M | $139.0M | ||
| Q3 24 | $365.7M | $148.3M | ||
| Q2 24 | $369.8M | $107.4M | ||
| Q1 24 | — | $83.9M |
股东权益IONQPL
| Q4 25 | $3.8B | $349.6M | ||
| Q3 25 | $2.3B | $435.7M | ||
| Q2 25 | $1.2B | $444.8M | ||
| Q1 25 | — | $441.3M | ||
| Q4 24 | $383.9M | $464.6M | ||
| Q3 24 | $435.7M | $473.2M | ||
| Q2 24 | $463.3M | $500.3M | ||
| Q1 24 | — | $518.0M |
总资产IONQPL
| Q4 25 | $6.6B | $1.1B | ||
| Q3 25 | $4.3B | $696.4M | ||
| Q2 25 | $1.3B | $658.4M | ||
| Q1 25 | — | $633.8M | ||
| Q4 24 | $508.4M | $630.8M | ||
| Q3 24 | $497.9M | $658.4M | ||
| Q2 24 | $517.4M | $674.6M | ||
| Q1 24 | — | $702.0M |
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 | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $-83.3M | $1.9M |
| 自由现金流率自由现金流/营收 | -134.6% | 2.3% |
| 资本支出强度资本支出/营收 | 14.2% | 32.9% |
| 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 | $40.7M |
8季度趋势，按日历期对齐
经营现金流IONQPL
| Q4 25 | $-74.5M | $28.6M | ||
| Q3 25 | $-123.1M | $67.8M | ||
| Q2 25 | $-52.6M | $17.3M | ||
| Q1 25 | — | $-6.3M | ||
| Q4 24 | $-39.4M | $4.1M | ||
| Q3 24 | $-19.2M | $-7.9M | ||
| Q2 24 | $-26.6M | $-4.3M | ||
| Q1 24 | — | $-6.8M |
自由现金流IONQPL
| Q4 25 | $-83.3M | $1.9M | ||
| Q3 25 | $-127.2M | $47.5M | ||
| Q2 25 | $-53.8M | $9.2M | ||
| Q1 25 | — | $-17.9M | ||
| Q4 24 | $-43.0M | $-3.6M | ||
| Q3 24 | $-23.0M | $-23.0M | ||
| Q2 24 | $-34.1M | $-14.2M | ||
| Q1 24 | — | $-15.7M |
自由现金流率IONQPL
| Q4 25 | -134.6% | 2.3% | ||
| Q3 25 | -319.1% | 64.7% | ||
| Q2 25 | -259.8% | 13.9% | ||
| Q1 25 | — | -29.1% | ||
| Q4 24 | -367.4% | -5.8% | ||
| Q3 24 | -185.3% | -37.6% | ||
| Q2 24 | -299.3% | -23.6% | ||
| Q1 24 | — | -26.7% |
资本支出强度IONQPL
| Q4 25 | 14.2% | 32.9% | ||
| Q3 25 | 10.4% | 27.6% | ||
| Q2 25 | 5.8% | 12.3% | ||
| Q1 25 | — | 18.9% | ||
| Q4 24 | 30.7% | 12.5% | ||
| Q3 24 | 30.4% | 24.8% | ||
| Q2 24 | 65.8% | 16.4% | ||
| Q1 24 | — | 15.1% |
现金转化率IONQPL
| Q4 25 | -0.10× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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% |
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
