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IONQ vs INFQ: Which Quantum Stock Is Better?

IonQ (Trapped-Ion) vs Infleqtion (Neutral Atom) — live market, SEC financial and quantum-hardware data side by side.

Direct verdict: IONQ vs INFQ

IONQ and INFQ are tied across the available headline market, financial, runway, return and dilution measures. The better investment depends on valuation, technology execution and risk tolerance.

IONQ is the larger company at $15.65B market cap, about 5.3× the size of INFQ ($2.93B).

IONQ reports more revenue ($130.02M vs $32.46M for INFQ, latest fiscal year).

On cash runway — the metric that decides who needs to raise money first — INFQ is stronger (281mo vs 56mo).

They take different technical paths: IONQ reports 36 qubits (Physical Qubits (Trapped-Ion, All-to-All Connectivity)), while INFQ reports 100 qubits (Physical Qubits (Neutral Atom / Cold Atom)) — raw counts are not directly comparable across modalities.

IONQ vs INFQ Performance (% return, all start at 0%)
2/263/274/285/276/267/28-35%+0%+35%+70%+105%
IONQ+9.7%INFQ+9.5%
MetricIONQIonQINFQInfleqtion
Market
Price$41.06$13.05
Market Cap$15.65B$2.93B
1Y Return+6.2%
52W High$84.64$21.28
52W Low$25.89$8.52
Financials
Revenue (latest FY)$130.02M$32.46M
Revenue YoY+201.9%+12.6%
Net Income-$510.38M-$31.80M
Cash & Equivalents$2.13B$478.09M
Cash Runway56mo281mo
Risk
Going Concern FlagNo⚠ YES
ATM Offerings (dilution)187
Daily Short Vol %46.9%35.6%
Beta (1Y vs SPY)1.190.99
Government & Research
Federal Awards Total$13.41M$109.90M
Academic Citations40K6K
Patents
Quantum Technology
Physical Qubits36100
Qubit ModalityPhysical Qubits (Trapped-Ion, All-to-All Connectivity)Physical Qubits (Neutral Atom / Cold Atom)
2Q Gate Fidelity99.6%99.48%
Cloud PlatformsAWS Braket, Azure Quantum, Google Cloud, IonQ Quantum CloudNVIDIA CUDA-Q, Direct API
Roadmap Target#AQ 64 achieved Sept 2025 (Tempo); 256-qubit chip-based system shipments 2026; 800 logical qubits by 2027; fault-tolerant at scale 2028–203030 logical qubits by 2026; Illinois fault-tolerant Sqale system designed to demonstrate more than 50 logical qubits in 2027 on a path to 100; 1,000 logical qubits by 2030 (full-stack fault-tolerant)
Company
Founded20152007
HeadquartersCollege Park, MDLouisville, CO
Employees1K203
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.

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IONQ vs INFQ FAQ

Is IONQ or INFQ the bigger company?

IONQ is larger, with a market cap of $15.65B versus $2.93B for INFQ.

Which has the longer cash runway, IONQ or INFQ?

IONQ's cash runway is 56mo and INFQ's is 281mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do IONQ and INFQ use?

IonQ (IONQ): Physical Qubits (Trapped-Ion, All-to-All Connectivity). Infleqtion (INFQ): Physical Qubits (Neutral Atom / Cold Atom). Qubit counts are not directly comparable across different modalities.

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