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IonQ, Inc.（IONQ）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
IonQ, Inc.的季度营收约是STEM, INC.的1.3倍（$61.9M vs $47.1M），IonQ, Inc.净利率更高（1217.8% vs -33.9%，领先1251.6%），IonQ, Inc.同比增速更快（428.5% vs -15.6%）
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。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
IONQ vs STEM — 直观对比
营收规模更大
IONQ
是对方的1.3倍
$47.1M
营收增速更快
IONQ
高出444.1%
-15.6%
净利率更高
IONQ
高出1251.6%
-33.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $61.9M | $47.1M |
| 净利润 | $753.7M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | -369.4% | -17.7% |
| 净利率 | 1217.8% | -33.9% |
| 营收同比 | 428.5% | -15.6% |
| 净利润同比 | 473.1% | 68.8% |
| 每股收益（稀释后） | $2.60 | $-4.40 |
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IONQSTEM
| Q4 25 | $61.9M | $47.1M | ||
| Q3 25 | $39.9M | $38.2M | ||
| Q2 25 | $20.7M | $38.4M | ||
| Q1 25 | — | $32.5M | ||
| Q4 24 | $11.7M | $55.8M | ||
| Q3 24 | $12.4M | $29.3M | ||
| Q2 24 | $11.4M | $34.0M | ||
| Q1 24 | — | $25.5M |
净利润IONQSTEM
| Q4 25 | $753.7M | $-16.0M | ||
| Q3 25 | $-1.1B | $-23.8M | ||
| Q2 25 | $-176.8M | $202.5M | ||
| Q1 25 | — | $-25.0M | ||
| Q4 24 | $-202.0M | $-51.1M | ||
| Q3 24 | $-52.5M | $-148.3M | ||
| Q2 24 | $-37.6M | $-582.3M | ||
| Q1 24 | — | $-72.3M |
毛利率IONQSTEM
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
营业利润率IONQSTEM
| Q4 25 | -369.4% | -17.7% | ||
| Q3 25 | -423.5% | -33.6% | ||
| Q2 25 | -776.0% | -34.8% | ||
| Q1 25 | — | -65.0% | ||
| Q4 24 | -661.9% | -84.4% | ||
| Q3 24 | -428.5% | -493.2% | ||
| Q2 24 | -430.0% | -1705.5% | ||
| Q1 24 | — | -267.0% |
净利率IONQSTEM
| Q4 25 | 1217.8% | -33.9% | ||
| Q3 25 | -2646.3% | -62.2% | ||
| Q2 25 | -854.5% | 527.8% | ||
| Q1 25 | — | -76.9% | ||
| Q4 24 | -1725.0% | -91.6% | ||
| Q3 24 | -423.4% | -506.3% | ||
| Q2 24 | -330.0% | -1712.6% | ||
| Q1 24 | — | -283.9% |
每股收益（稀释后）IONQSTEM
| Q4 25 | $2.60 | $-4.40 | ||
| Q3 25 | $-3.58 | $-2.84 | ||
| Q2 25 | $-0.70 | $-1.79 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | $-0.95 | $-15.29 | ||
| Q3 24 | $-0.24 | $-18.24 | ||
| Q2 24 | $-0.18 | $-71.81 | ||
| Q1 24 | — | $-0.46 |
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 | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.8B | $-249.4M |
| 总资产 | $6.6B | $308.9M |
| 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IONQSTEM
| Q4 25 | $2.4B | $48.9M | ||
| Q3 25 | $1.1B | $43.1M | ||
| Q2 25 | $546.9M | $40.8M | ||
| Q1 25 | — | $58.6M | ||
| Q4 24 | $340.3M | $56.3M | ||
| Q3 24 | $365.7M | $75.4M | ||
| Q2 24 | $369.8M | $89.6M | ||
| Q1 24 | — | $112.8M |
股东权益IONQSTEM
| Q4 25 | $3.8B | $-249.4M | ||
| Q3 25 | $2.3B | $-235.7M | ||
| Q2 25 | $1.2B | $-214.1M | ||
| Q1 25 | — | $-417.5M | ||
| Q4 24 | $383.9M | $-398.4M | ||
| Q3 24 | $435.7M | $-344.1M | ||
| Q2 24 | $463.3M | $-203.2M | ||
| Q1 24 | — | $371.6M |
总资产IONQSTEM
| Q4 25 | $6.6B | $308.9M | ||
| Q3 25 | $4.3B | $362.6M | ||
| Q2 25 | $1.3B | $379.2M | ||
| Q1 25 | — | $405.1M | ||
| Q4 24 | $508.4M | $437.4M | ||
| Q3 24 | $497.9M | $537.8M | ||
| Q2 24 | $517.4M | $691.5M | ||
| Q1 24 | — | $1.3B |
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 | $8.2M |
| 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IONQSTEM
| Q4 25 | $-74.5M | $8.2M | ||
| Q3 25 | $-123.1M | $11.4M | ||
| Q2 25 | $-52.6M | $-21.3M | ||
| Q1 25 | — | $8.5M | ||
| Q4 24 | $-39.4M | $-14.7M | ||
| Q3 24 | $-19.2M | $-9.4M | ||
| Q2 24 | $-26.6M | $-11.9M | ||
| Q1 24 | — | $-621.0K |
自由现金流IONQSTEM
| 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 | — | ||
| Q1 24 | — | — |
自由现金流率IONQSTEM
| 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% | — | ||
| Q1 24 | — | — |
资本支出强度IONQSTEM
| 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% | — | ||
| Q1 24 | — | — |
现金转化率IONQSTEM
| Q4 25 | -0.10× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.11× | ||
| 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% |
STEM
暂无分部数据
