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IonQ, Inc.（IONQ）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
Ribbon Communications Inc.的季度营收约是IonQ, Inc.的2.6倍（$162.6M vs $61.9M），IonQ, Inc.净利率更高（1217.8% vs 54.8%，领先1163.0%），IonQ, Inc.同比增速更快（428.5% vs -10.3%）
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。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
IONQ vs RBBN — 直观对比
营收规模更大
RBBN
是对方的2.6倍
$61.9M
营收增速更快
IONQ
高出438.8%
-10.3%
净利率更高
IONQ
高出1163.0%
54.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $61.9M | $162.6M |
| 净利润 | $753.7M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | -369.4% | 37.6% |
| 净利率 | 1217.8% | 54.8% |
| 营收同比 | 428.5% | -10.3% |
| 净利润同比 | 473.1% | — |
| 每股收益（稀释后） | $2.60 | $0.50 |
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IONQRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $61.9M | $227.3M | ||
| Q3 25 | $39.9M | $215.4M | ||
| Q2 25 | $20.7M | $220.6M | ||
| Q1 25 | — | $181.3M | ||
| Q4 24 | $11.7M | $251.4M | ||
| Q3 24 | $12.4M | $210.2M | ||
| Q2 24 | $11.4M | $192.6M |
净利润IONQRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $753.7M | — | ||
| Q3 25 | $-1.1B | $-12.1M | ||
| Q2 25 | $-176.8M | $-11.1M | ||
| Q1 25 | — | $-26.2M | ||
| Q4 24 | $-202.0M | — | ||
| Q3 24 | $-52.5M | $-13.4M | ||
| Q2 24 | $-37.6M | $-16.8M |
毛利率IONQRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率IONQRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | -369.4% | 4.1% | ||
| Q3 25 | -423.5% | 1.3% | ||
| Q2 25 | -776.0% | 1.9% | ||
| Q1 25 | — | -10.8% | ||
| Q4 24 | -661.9% | 13.2% | ||
| Q3 24 | -428.5% | -0.4% | ||
| Q2 24 | -430.0% | -1.0% |
净利率IONQRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 1217.8% | — | ||
| Q3 25 | -2646.3% | -5.6% | ||
| Q2 25 | -854.5% | -5.0% | ||
| Q1 25 | — | -14.5% | ||
| Q4 24 | -1725.0% | — | ||
| Q3 24 | -423.4% | -6.4% | ||
| Q2 24 | -330.0% | -8.7% |
每股收益（稀释后）IONQRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $2.60 | $0.50 | ||
| Q3 25 | $-3.58 | $-0.07 | ||
| Q2 25 | $-0.70 | $-0.06 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | $-0.95 | $0.05 | ||
| Q3 24 | $-0.24 | $-0.08 | ||
| Q2 24 | $-0.18 | $-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 | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.8B | $419.1M |
| 总资产 | $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IONQRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $2.4B | $96.4M | ||
| Q3 25 | $1.1B | $74.8M | ||
| Q2 25 | $546.9M | $60.5M | ||
| Q1 25 | — | $71.2M | ||
| Q4 24 | $340.3M | $87.8M | ||
| Q3 24 | $365.7M | $37.2M | ||
| Q2 24 | $369.8M | $64.6M |
总债务IONQRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益IONQRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $3.8B | $449.0M | ||
| Q3 25 | $2.3B | $360.1M | ||
| Q2 25 | $1.2B | $370.4M | ||
| Q1 25 | — | $381.8M | ||
| Q4 24 | $383.9M | $404.6M | ||
| Q3 24 | $435.7M | $395.5M | ||
| Q2 24 | $463.3M | $405.0M |
总资产IONQRBBN
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $1.2B | ||
| Q3 25 | $4.3B | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $508.4M | $1.2B | ||
| Q3 24 | $497.9M | $1.1B | ||
| Q2 24 | $517.4M | $1.1B |
负债/权益比IONQRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.86× |
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IONQRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-74.5M | $29.2M | ||
| Q3 25 | $-123.1M | $26.5M | ||
| Q2 25 | $-52.6M | $-795.0K | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | $-39.4M | $61.8M | ||
| Q3 24 | $-19.2M | $-14.8M | ||
| Q2 24 | $-26.6M | $-9.8M |
自由现金流IONQRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-83.3M | $27.3M | ||
| Q3 25 | $-127.2M | $21.0M | ||
| Q2 25 | $-53.8M | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | $-43.0M | $53.8M | ||
| Q3 24 | $-23.0M | $-23.7M | ||
| Q2 24 | $-34.1M | $-12.9M |
自由现金流率IONQRBBN
| Q1 26 | — | — | ||
| Q4 25 | -134.6% | 12.0% | ||
| Q3 25 | -319.1% | 9.7% | ||
| Q2 25 | -259.8% | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | -367.4% | 21.4% | ||
| Q3 24 | -185.3% | -11.3% | ||
| Q2 24 | -299.3% | -6.7% |
资本支出强度IONQRBBN
| Q1 26 | — | — | ||
| Q4 25 | 14.2% | 0.9% | ||
| Q3 25 | 10.4% | 2.6% | ||
| Q2 25 | 5.8% | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 30.7% | 3.2% | ||
| Q3 24 | 30.4% | 4.2% | ||
| Q2 24 | 65.8% | 1.6% |
现金转化率IONQRBBN
| 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% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
