Quantum Market Cap
← MarketsCompare all 12 →🧪 Open in Comparison Lab

IONQ vs BTQ: Which Quantum Stock Is Better?

IonQ (Trapped-Ion) vs BTQ Technologies (Quantum Security) — live market, SEC financial and quantum-hardware data side by side.

IONQ is the larger company at $12.25B market cap, about 26× the size of BTQ ($477.88M).

IONQ reports more revenue ($130.02M vs $230.19K for BTQ, latest fiscal year).

On cash runway — the metric that decides who needs to raise money first — IONQ is stronger (61mo vs 7mo).

They take different technical paths: IONQ reports 100 qubits (#AQ (Algorithmic Qubits)), while BTQ reports its qubit count (Software-Defined (Neutral-Atom Emulation & Control)) — raw counts are not directly comparable across modalities.

IONQ vs BTQ Performance (% return, all start at 0%)
1/272/253/264/275/266/25-60%-30%+0%+30%+60%
BTQ-18.0%IONQ-27.8%
MetricIONQIonQBTQBTQ Technologies
Market
Price$32.84$3.33
Market Cap$12.25B$477.88M
1Y Return-23.9%—
52W High$84.64$16.00
52W Low$25.89$2.09
Financials
Revenue (latest FY)$130.02M$230.19K
Revenue YoY+201.9%-52.7%
Net Income-$510.38M-$17.95M
Cash & Equivalents$2.04B$8.75M
Cash Runway61mo7mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)181
Daily Short Vol %40.0%51.2%
Beta (1Y vs SPY)0.991.81
Government & Research
Federal Awards Total$13.41M—
Academic Citations39K—
Patents——
Quantum Technology
Physical Qubits100—
Qubit Modality#AQ (Algorithmic Qubits)Software-Defined (Neutral-Atom Emulation & Control)
2Q Gate Fidelity99.6%—
Cloud PlatformsAWS Braket, Azure Quantum, Google Cloud, IonQ Quantum CloudMIMIQ (cloud and on-premises), SDT QuREKA, aQCess digital twin
Roadmap Target#AQ 64 achieved Sept 2025 (Tempo); 256-qubit chip-based system shipments 2026; 800 logical qubits by 2027; fault-tolerant at scale 2028–2030Deploy the aQCess digital twin as the 400+ qubit platform comes online; QLU v1 targeted for mid-2027; expand MIMIQ/QLU integrations across neutral-atom hardware
Company
Founded20152021
HeadquartersCollege Park, MDVancouver, BC, Canada
Employees1K—
Company DNA0–100 rank vs all tracked stocks · missing data = 0
MomentumScaleRevenueRunwayGov $Research

Momentum = 1Y return · Scale = market cap · Runway capped at 36mo · Gov $ = federal awards · Research = citations + patents. Dollar axes use log scale.

🧪 Want more? Open IONQ vs BTQ in the Comparison Lab — auto-generated insights, pattern finder, gem scores, and add any other stock to the lineup →

IONQ vs BTQ FAQ

Is IONQ or BTQ the bigger company?

IONQ is larger, with a market cap of $12.25B versus $477.88M for BTQ.

Which has the longer cash runway, IONQ or BTQ?

IONQ's cash runway is 61mo and BTQ's is 7mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do IONQ and BTQ use?

IonQ (IONQ): #AQ (Algorithmic Qubits). BTQ Technologies (BTQ): Software-Defined (Neutral-Atom Emulation & Control). Qubit counts are not directly comparable across different modalities.

Go deeper

More head-to-head comparisons