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IonQ logo
IonQ
D-Wave Quantum logo
D-Wave Quantum

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: IonQ 0.08, D-Wave Quantum 0.003.

IonQ vs D-Wave Quantum: Revenue Comparison

IonQ (IONQ) and D-Wave Quantum (QBTS) are peers in Quantum. IonQ reported revenue of $80M as of Q2 2026, compared with $3M for D-Wave Quantum. IonQ leads on revenue.

IonQ's gross margin is 24.9% versus 55.4% for D-Wave Quantum. IonQ's net margin is -2333.2% versus -1561.4% for D-Wave Quantum.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, IonQ, D-Wave Quantum.
MetricIonQD-Wave Quantum
Market Cap--
Revenue$80.00M$3.00M
Cost of Revenue$60.00M$1.00M
Gross Profit$20.00M$2.00M
Operating Income$-337.00M$-53.00M
Net Income$-1.87B$-48.00M
R&D Expense$161.00M$28.00M
Earnings Per Share-$5.08-$0.13
Gross Margin24.9%55.4%
Operating Margin-421.3%-1732.0%
Net Profit Margin-2333.2%-1561.4%
Free Cash Flow$-114.00M$-33.00M
Cumulative Free Cash Flow$-915.00M$-344.00M
Operating Cash Flow$-104.00M$-29.00M
Cash & Equivalents$1.24B$297.00M
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