IonQ (Trapped-Ion) vs IQM Quantum Computers (Superconducting) — live market, SEC financial and quantum-hardware data side by side.
IONQ leads this data snapshot on 4 of the five headline market, financial, runway, return and dilution measures with comparable data. The better investment still depends on valuation, technology execution and risk tolerance.
IONQ is the larger company at $15.65B market cap, about 9.4× the size of IQMX ($1.67B).
IONQ reports more revenue ($130.02M vs $36.82M for IQMX, latest fiscal year).
On cash runway — the metric that decides who needs to raise money first — IONQ is stronger (56mo vs 47mo).
They take different technical paths: IONQ reports 36 qubits (Physical Qubits (Trapped-Ion, All-to-All Connectivity)), while IQMX reports 150 qubits (Physical Qubits (Superconducting Transmon)) — raw counts are not directly comparable across modalities.
Momentum = 1Y return · Scale = market cap · Runway capped at 36mo · Gov $ = federal awards · Research = citations + patents. Dollar axes use log scale.
Is IONQ or IQMX the bigger company?
IONQ is larger, with a market cap of $15.65B versus $1.67B for IQMX.
Which has the longer cash runway, IONQ or IQMX?
IONQ's cash runway is 56mo and IQMX's is 47mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do IONQ and IQMX use?
IonQ (IONQ): Physical Qubits (Trapped-Ion, All-to-All Connectivity). IQM Quantum Computers (IQMX): Physical Qubits (Superconducting Transmon). Qubit counts are not directly comparable across different modalities.