IonQ
IONQ · Technology Hardware, Storage & Peripherals
$31.27
0.4%Seagate Technology
STX · Technology Hardware, Storage & Peripherals
$630.49
1.8%The short version
- Seagate Technology is the larger business, with $12.2B of revenue in fiscal 2026 against $130M for IonQ, about 94 times as much.
- IonQ grew revenue faster (201.9%, against 34.1%).
- Seagate Technology kept more of each dollar of sales as operating profit (33.6% operating margin, against −487.4% operating margin).
- Seagate Technology turned more of its sales into free cash flow (25.5% FCF margin, against −230.4% FCF margin).
- Seagate Technology earned a higher return on the capital invested in it (92.0%, against −68.3%).
| Latest fiscal year | IONQ · FY25 | STX · FY26 |
|---|---|---|
| Size | ||
| Market cap | $11.5B | $144.4B |
| Revenue | $130M | $12.2B |
| Free cash flow | −$300M | $3.1B |
| Net income | −$510M | $3.2B |
| Growth | ||
| Revenue growth | 201.9% | 34.1% |
| 5-year growth | — | 2.7% |
| Share count change | 31.6% | 5.5% |
| Profitability | ||
| Gross margin | — | 45.6% |
| Operating margin | −487.4% | 33.6% |
| Net margin | −392.6% | 26.1% |
| FCF margin | −230.4% | 25.5% |
| Return on capital | −68.3% | 92.0% |
| Return on equity | −24.4% | 371.5% |
| Balance sheet | ||
| Net debt | −$2.4B | $1.9B |
| Net debt / EBITDA | — | 0.4x |
| Dividends and buybacks | $0.0M | $810M |
| Valuation & quality | ||
| P/E | — | — |
| Piotroski F-score | 3 | 8 |
FY17
IONQ —
STX $10.8B
FY18
IONQ —
STX $11.2B
FY19
IONQ —
STX $10.4B
FY20
IONQ $0.0M
STX $10.5B
FY21
IONQ $2.1M
STX $10.7B
FY22
IONQ $1.2B
STX $11.7B
FY23
IONQ $22.0M
STX $7.4B
FY24
IONQ $43.1M
STX $6.6B
FY25
IONQ $130M
STX $9.1B
FY26
IONQ —
STX $12.2B
IONQ
STX
FY17
IONQ —
STX 9.8%
FY18
IONQ —
STX 14.6%
FY19
IONQ —
STX 14.3%
FY20
IONQ —
STX 12.4%
FY21
IONQ −1,843.1%
STX 14.0%
FY22
IONQ −6.9%
STX 16.8%
FY23
IONQ −715.7%
STX −4.6%
FY24
IONQ −539.7%
STX 6.9%
FY25
IONQ −487.4%
STX 20.8%
FY26
IONQ —
STX 33.6%
IONQ
STX
FY17
IONQ —
STX $1.5B
FY18
IONQ —
STX $1.7B
FY19
IONQ —
STX $1.2B
FY20
IONQ −$22.0M
STX $1.1B
FY21
IONQ −$34.3M
STX $1.1B
FY22
IONQ −$54.0M
STX $1.3B
FY23
IONQ −$92.5M
STX $626M
FY24
IONQ −$124M
STX $664M
FY25
IONQ −$300M
STX $818M
FY26
IONQ —
STX $3.1B
IONQ
STX
FY17
IONQ —
STX 23.8%
FY18
IONQ —
STX 32.1%
FY19
IONQ —
STX 33.7%
FY20
IONQ —
STX 30.0%
FY21
IONQ −70.8%
STX 33.1%
FY22
IONQ −48.2%
STX 76.5%
FY23
IONQ −72.9%
STX −13.8%
FY24
IONQ −212.2%
STX 10.8%
FY25
IONQ −68.3%
STX 56.7%
FY26
IONQ —
STX 92.0%
IONQ
STX
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Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.