IonQIONQ

NYSE · USA · Segment 1 of 2 in the Quantum computing value chain: Quantum hardware & platforms

The leading trapped-ion quantum computing pure play — high qubit fidelity, access through the major cloud platforms and an aggressive, acquisition-driven roadmap toward quantum networking.

Quantum hardware & platforms: The companies building the quantum computers themselves — trapped ions, superconducting qubits, photonics and annealing.

Key metrics

Market cap

$16B

Price

$42.86

Today

−4.3%

Return YTD

−4.5%

Return 1Y

−6.7%

P/E

48.9

P/S

85.5

P/B

3.2

Data as of 2026-07-11 · updates daily after U.S. close

Theme exposure

Trapped ionCloud accessPre-profitQuantum hardwareQuantum networkingCloud QaaS

In the value chain

Products & services

Forte/Tempo systems
QaaS via AWS, Azure and Google Cloud
Quantum networking (acquisitions)

Competitors

Rigetti
D-Wave
IBM Quantum
Quantinuum

Risks

Revenue is tiny relative to the valuation
Technology race against big-tech programs

Supply chain

← Suppliers

FormFactorFORM

Same segment: Quantum hardware & platforms

D-Wave QuantumQBTS Rigetti ComputingRGTI Quantum Computing Inc.QUBT

Compare IONQ

IONQ vs QBTS IONQ vs RGTI IONQ vs QUBT

See where IonQ sits in the full Quantum computing map — every segment from upstream suppliers to end markets, with daily metrics.Open the Quantum value chain →