Quantum Market Cap

IONQ vs IQMX: Which Quantum Stock Is Better?

IonQ (Trapped-Ion) vs IQM Quantum Computers (Superconducting) — live market, SEC financial and quantum-hardware data side by side.

IONQ is the larger company at $18.33B market cap, about 5.4× the size of IQMX ($3.42B).

They take different technical paths: IONQ reports 100 qubits (#AQ (Algorithmic Qubits)), while IQMX reports 54 qubits (Physical Qubits (Superconducting Transmon)) — raw counts are not directly comparable across modalities.

MetricIONQIonQIQMXIQM Quantum Computers
Market
Price$49.12$13.03
Market Cap$18.33B$3.42B
1Y Return+10.7%+28.4%
52W High$84.64$13.78
52W Low$25.89$9.62
Financials
Revenue (latest FY)$130.02M
Revenue YoY+201.9%
Net Income-$510.38M
Cash & Equivalents$2.04B
Cash Runway61mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)181
Daily Short Vol %49.2%46.9%
Beta (1Y vs SPY)0.970.06
Government & Research
Federal Awards Total$302.98M
Academic Citations38K
Patents
Quantum Technology
Physical Qubits10054
Qubit Modality#AQ (Algorithmic Qubits)Physical Qubits (Superconducting Transmon)
2Q Gate Fidelity99.6%
Cloud PlatformsAWS Braket, Azure Quantum, Google Cloud, IonQ Quantum CloudIQM Resonance (cloud access), On-premises systems (IQM Spark, IQM Radiance)
Roadmap Target#AQ 64 achieved Sept 2025 (Tempo); 256-qubit chip-based system shipments 2026; 800 logical qubits by 2027; fault-tolerant at scale 2028–2030Fault-tolerant quantum computing targeted by 2030, scaling through 150- and 300-qubit Radiance-class systems with error-corrected logical qubits
Company
Founded20152018
HeadquartersCollege Park, MDEspoo, Finland
Employees

IONQ vs IQMX FAQ

Is IONQ or IQMX the bigger company?

IONQ is larger, with a market cap of $18.33B versus $3.42B for IQMX.

Which has the longer cash runway, IONQ or IQMX?

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

What technology do IONQ and IQMX use?

IonQ (IONQ): #AQ (Algorithmic Qubits). IQM Quantum Computers (IQMX): Physical Qubits (Superconducting Transmon). Qubit counts are not directly comparable across different modalities.

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