IonQ (Trapped-Ion) vs Quantum Computing Inc (Photonic) — live market, SEC financial and quantum-hardware data side by side.
IONQ leads this data snapshot on 3 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 $15.03B market cap, about 8.9× the size of QUBT ($1.69B).
IONQ reports more revenue ($130.02M vs $682.00K for QUBT, latest fiscal year).
On cash runway — the metric that decides who needs to raise money first — QUBT is stronger (266mo vs 56mo).
They take different technical paths: IONQ reports 36 qubits (Physical Qubits (Trapped-Ion, All-to-All Connectivity)), while QUBT reports its qubit count (Photonic Variables (EQC — Entropy Quantum Computing)) — 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 QUBT the bigger company?
IONQ is larger, with a market cap of $15.03B versus $1.69B for QUBT.
Which has the longer cash runway, IONQ or QUBT?
IONQ's cash runway is 56mo and QUBT's is 266mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do IONQ and QUBT use?
IonQ (IONQ): Physical Qubits (Trapped-Ion, All-to-All Connectivity). Quantum Computing Inc (QUBT): Photonic Variables (EQC — Entropy Quantum Computing). Qubit counts are not directly comparable across different modalities.