IonQ (IONQ)
Market Price (6/22/2026): $60.15 | Market Cap: $22.3 BilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
IonQ (IONQ)
Market Price (6/22/2026): $60.15Market Cap: $22.3 BilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 335% Megatrend and thematic driversMegatrends include Quantum Technologies. Themes include Quantum Computing Hardware, Quantum Software & Algorithms, and Quantum Computing as a Service. | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -830 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -443% Expensive valuation multiplesP/SPrice/Sales ratio is 116x, P/EPrice/Earnings or Price/(Net Income) is 66x Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 218% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -214%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -226% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.7% Key risksIONQ key risks include [1] its uncertain path to profitability and potential overvaluation given a history of widening losses, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 335% |
| Megatrend and thematic driversMegatrends include Quantum Technologies. Themes include Quantum Computing Hardware, Quantum Software & Algorithms, and Quantum Computing as a Service. |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -830 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -443% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 116x, P/EPrice/Earnings or Price/(Net Income) is 66x |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 218% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -214%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -226% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.7% |
| Key risksIONQ key risks include [1] its uncertain path to profitability and potential overvaluation given a history of widening losses, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 6/22/2026
IonQ (IONQ) stock has gained about 50% since 2/28/2026 because of the following key factors:
1. Exceptional Fiscal Q1 2026 Financial Performance and Increased Full-Year Guidance.
IonQ announced record-breaking financial results for its fiscal Q1 2026 (ended March 31, 2026) on May 6, 2026. The company reported recognized revenue of $64.7 million, which significantly exceeded the midpoint of its previously provided guidance range by 30% and represented a substantial 755% year-on-year growth. This strong performance was largely driven by accelerating global system sales and increased cloud utilization. Following these results, IonQ raised its full-year fiscal 2026 revenue guidance to a range of $260 million to $270 million, an increase from its prior forecast of $225 million to $245 million. Additionally, remaining performance obligations (RPOs) surged 554% year-on-year to a new record level of $470 million, demonstrating a robust future demand and expanding backlog. This commercial momentum included approximately 60% of revenue from commercial customers, 35% from international customers, and 35% from multi-product customers.
2. Significant Product Development Milestones and Expanding Strategic Partnerships.
During the period, IonQ achieved critical milestones in its product roadmap and expanded its strategic collaborations. In fiscal Q1 2026, the company secured its first sale of a 256-qubit system and received its first ion trap chip samples from the fab, marking a pivotal shift towards commercial scale and integrated system-level testing of the full 256-qubit quantum computer. IonQ also published its complete architectural blueprint for fault-tolerant quantum computing, positioning itself as a leader in the quantum revolution. Strategic partnerships further bolstered investor confidence, including the establishment of the IonQ Quantum Innovation Centre with the University of Cambridge, announced on March 11, 2026, which will host IonQ's forthcoming 256-qubit quantum computer. On April 13, 2026, IonQ and the University of Maryland expanded their QLab collaboration with a $7.5 million agreement to advance quantum networking and research, including the first deployment of IonQ's silicon vacancy (SiV)-based quantum memory node. Furthermore, on June 17, 2026, IonQ introduced Clavis XG Multiplex, a new quantum key distribution product designed to enable quantum and classical traffic over existing metro fiber networks, thereby broadening its security offerings.
Show more
IonQ (IONQ) stock has gained about 50% since 2/28/2026 because of the following key factors:
1. Exceptional Fiscal Q1 2026 Financial Performance and Increased Full-Year Guidance.
IonQ announced record-breaking financial results for its fiscal Q1 2026 (ended March 31, 2026) on May 6, 2026. The company reported recognized revenue of $64.7 million, which significantly exceeded the midpoint of its previously provided guidance range by 30% and represented a substantial 755% year-on-year growth. This strong performance was largely driven by accelerating global system sales and increased cloud utilization. Following these results, IonQ raised its full-year fiscal 2026 revenue guidance to a range of $260 million to $270 million, an increase from its prior forecast of $225 million to $245 million. Additionally, remaining performance obligations (RPOs) surged 554% year-on-year to a new record level of $470 million, demonstrating a robust future demand and expanding backlog. This commercial momentum included approximately 60% of revenue from commercial customers, 35% from international customers, and 35% from multi-product customers.
2. Significant Product Development Milestones and Expanding Strategic Partnerships.
During the period, IonQ achieved critical milestones in its product roadmap and expanded its strategic collaborations. In fiscal Q1 2026, the company secured its first sale of a 256-qubit system and received its first ion trap chip samples from the fab, marking a pivotal shift towards commercial scale and integrated system-level testing of the full 256-qubit quantum computer. IonQ also published its complete architectural blueprint for fault-tolerant quantum computing, positioning itself as a leader in the quantum revolution. Strategic partnerships further bolstered investor confidence, including the establishment of the IonQ Quantum Innovation Centre with the University of Cambridge, announced on March 11, 2026, which will host IonQ's forthcoming 256-qubit quantum computer. On April 13, 2026, IonQ and the University of Maryland expanded their QLab collaboration with a $7.5 million agreement to advance quantum networking and research, including the first deployment of IonQ's silicon vacancy (SiV)-based quantum memory node. Furthermore, on June 17, 2026, IonQ introduced Clavis XG Multiplex, a new quantum key distribution product designed to enable quantum and classical traffic over existing metro fiber networks, thereby broadening its security offerings.
Show more
Updated on 6/22/2026
IonQ (IONQ) stock has gained about 50% since 2/28/2026 because of the following key factors:
1. Exceptional Fiscal Q1 2026 Financial Performance and Increased Full-Year Guidance.
IonQ announced record-breaking financial results for its fiscal Q1 2026 (ended March 31, 2026) on May 6, 2026. The company reported recognized revenue of $64.7 million, which significantly exceeded the midpoint of its previously provided guidance range by 30% and represented a substantial 755% year-on-year growth. This strong performance was largely driven by accelerating global system sales and increased cloud utilization. Following these results, IonQ raised its full-year fiscal 2026 revenue guidance to a range of $260 million to $270 million, an increase from its prior forecast of $225 million to $245 million. Additionally, remaining performance obligations (RPOs) surged 554% year-on-year to a new record level of $470 million, demonstrating a robust future demand and expanding backlog. This commercial momentum included approximately 60% of revenue from commercial customers, 35% from international customers, and 35% from multi-product customers.
2. Significant Product Development Milestones and Expanding Strategic Partnerships.
During the period, IonQ achieved critical milestones in its product roadmap and expanded its strategic collaborations. In fiscal Q1 2026, the company secured its first sale of a 256-qubit system and received its first ion trap chip samples from the fab, marking a pivotal shift towards commercial scale and integrated system-level testing of the full 256-qubit quantum computer. IonQ also published its complete architectural blueprint for fault-tolerant quantum computing, positioning itself as a leader in the quantum revolution. Strategic partnerships further bolstered investor confidence, including the establishment of the IonQ Quantum Innovation Centre with the University of Cambridge, announced on March 11, 2026, which will host IonQ's forthcoming 256-qubit quantum computer. On April 13, 2026, IonQ and the University of Maryland expanded their QLab collaboration with a $7.5 million agreement to advance quantum networking and research, including the first deployment of IonQ's silicon vacancy (SiV)-based quantum memory node. Furthermore, on June 17, 2026, IonQ introduced Clavis XG Multiplex, a new quantum key distribution product designed to enable quantum and classical traffic over existing metro fiber networks, thereby broadening its security offerings.
3. Bullish Analyst Coverage and Upgraded Price Targets.
Positive analyst sentiment and upward revisions to price targets contributed to the stock's appreciation. As of June 22, 2026, a consensus of 16 Wall Street analysts provided IonQ with a "Strong Buy" rating and a median price target of $65.00, with targets ranging from $44.78 to $100.00. Notably, prior to the fiscal Q1 2026 earnings announcement, on February 26, 2026, analysts from Needham and Benchmark set price targets of $65.0, while Rosenblatt set a target of $100.0. More recently, on June 22, 2026, Northland Capital Markets raised its price target for IonQ to $70 from $55, maintaining an "Outperform" rating, based on confidence in the company's progress towards "Broad Quantum Advantage".
4. Positive Momentum in the Broader Quantum Computing Market.
The overall growth and increasing commercial viability of the quantum computing industry provided a favorable macroeconomic backdrop for IonQ's stock. The market is transitioning from research-led exploration to early commercial traction, with quantum computing projected to scale rapidly from a $1.4 billion market in 2025 to over $3 billion by 2028. Industry reports indicate that quantum computing could generate up to $2.7 trillion in economic value worldwide by 2035, driven by enhancing existing use cases and unlocking new ones. This growing potential has spurred significant investment, with over 300 global companies actively adopting quantum computing solutions. Governments worldwide, including the US and China, are also investing billions in quantum research and infrastructure, signaling a global recognition of quantum technology as a strategic imperative rather than just an academic curiosity.
Show less
IonQ (IONQ) stock has gained about 50% since 2/28/2026 because of the following key factors:
1. Exceptional Fiscal Q1 2026 Financial Performance and Increased Full-Year Guidance.
IonQ announced record-breaking financial results for its fiscal Q1 2026 (ended March 31, 2026) on May 6, 2026. The company reported recognized revenue of $64.7 million, which significantly exceeded the midpoint of its previously provided guidance range by 30% and represented a substantial 755% year-on-year growth. This strong performance was largely driven by accelerating global system sales and increased cloud utilization. Following these results, IonQ raised its full-year fiscal 2026 revenue guidance to a range of $260 million to $270 million, an increase from its prior forecast of $225 million to $245 million. Additionally, remaining performance obligations (RPOs) surged 554% year-on-year to a new record level of $470 million, demonstrating a robust future demand and expanding backlog. This commercial momentum included approximately 60% of revenue from commercial customers, 35% from international customers, and 35% from multi-product customers.
2. Significant Product Development Milestones and Expanding Strategic Partnerships.
During the period, IonQ achieved critical milestones in its product roadmap and expanded its strategic collaborations. In fiscal Q1 2026, the company secured its first sale of a 256-qubit system and received its first ion trap chip samples from the fab, marking a pivotal shift towards commercial scale and integrated system-level testing of the full 256-qubit quantum computer. IonQ also published its complete architectural blueprint for fault-tolerant quantum computing, positioning itself as a leader in the quantum revolution. Strategic partnerships further bolstered investor confidence, including the establishment of the IonQ Quantum Innovation Centre with the University of Cambridge, announced on March 11, 2026, which will host IonQ's forthcoming 256-qubit quantum computer. On April 13, 2026, IonQ and the University of Maryland expanded their QLab collaboration with a $7.5 million agreement to advance quantum networking and research, including the first deployment of IonQ's silicon vacancy (SiV)-based quantum memory node. Furthermore, on June 17, 2026, IonQ introduced Clavis XG Multiplex, a new quantum key distribution product designed to enable quantum and classical traffic over existing metro fiber networks, thereby broadening its security offerings.
3. Bullish Analyst Coverage and Upgraded Price Targets.
Positive analyst sentiment and upward revisions to price targets contributed to the stock's appreciation. As of June 22, 2026, a consensus of 16 Wall Street analysts provided IonQ with a "Strong Buy" rating and a median price target of $65.00, with targets ranging from $44.78 to $100.00. Notably, prior to the fiscal Q1 2026 earnings announcement, on February 26, 2026, analysts from Needham and Benchmark set price targets of $65.0, while Rosenblatt set a target of $100.0. More recently, on June 22, 2026, Northland Capital Markets raised its price target for IonQ to $70 from $55, maintaining an "Outperform" rating, based on confidence in the company's progress towards "Broad Quantum Advantage".
4. Positive Momentum in the Broader Quantum Computing Market.
The overall growth and increasing commercial viability of the quantum computing industry provided a favorable macroeconomic backdrop for IonQ's stock. The market is transitioning from research-led exploration to early commercial traction, with quantum computing projected to scale rapidly from a $1.4 billion market in 2025 to over $3 billion by 2028. Industry reports indicate that quantum computing could generate up to $2.7 trillion in economic value worldwide by 2035, driven by enhancing existing use cases and unlocking new ones. This growing potential has spurred significant investment, with over 300 global companies actively adopting quantum computing solutions. Governments worldwide, including the US and China, are also investing billions in quantum research and infrastructure, signaling a global recognition of quantum technology as a strategic imperative rather than just an academic curiosity.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 56.8% change in IONQ stock from 2/28/2026 to 6/22/2026 was primarily driven by a 43.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282026 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 38.37 | 60.15 | 56.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 130 | 187 | 43.9% |
| P/S Multiple | 102.2 | 119.3 | 16.7% |
| Shares Outstanding (Mil) | 346 | 371 | -6.7% |
| Cumulative Contribution | 56.8% |
Market Drivers
2/28/2026 to 6/22/2026| Return | Correlation | |
|---|---|---|
| IONQ | 52.0% | |
| Market (SPY) | 8.8% | 57.7% |
| Sector (XLK) | 38.6% | 61.2% |
Fundamental Drivers
The 22.0% change in IONQ stock from 11/30/2025 to 6/22/2026 was primarily driven by a 134.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 49.30 | 60.15 | 22.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 80 | 187 | 134.4% |
| P/S Multiple | 181.9 | 119.3 | -34.4% |
| Shares Outstanding (Mil) | 295 | 371 | -20.7% |
| Cumulative Contribution | 22.0% |
Market Drivers
11/30/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| IONQ | 18.3% | |
| Market (SPY) | 9.5% | 47.7% |
| Sector (XLK) | 34.6% | 52.9% |
Fundamental Drivers
The 49.1% change in IONQ stock from 5/31/2025 to 6/22/2026 was primarily driven by a 334.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 40.34 | 60.15 | 49.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 43 | 187 | 334.6% |
| P/S Multiple | 214.3 | 119.3 | -44.3% |
| Shares Outstanding (Mil) | 229 | 371 | -38.4% |
| Cumulative Contribution | 49.1% |
Market Drivers
5/31/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| IONQ | 44.6% | |
| Market (SPY) | 27.7% | 44.5% |
| Sector (XLK) | 67.4% | 46.9% |
Fundamental Drivers
The 457.5% change in IONQ stock from 5/31/2023 to 6/22/2026 was primarily driven by a 1289.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312023 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.79 | 60.15 | 457.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 13 | 187 | 1289.9% |
| P/S Multiple | 160.4 | 119.3 | -25.6% |
| Shares Outstanding (Mil) | 200 | 371 | -46.1% |
| Cumulative Contribution | 457.5% |
Market Drivers
5/31/2023 to 6/22/2026| Return | Correlation | |
|---|---|---|
| IONQ | 440.5% | |
| Market (SPY) | 85.1% | 43.2% |
| Sector (XLK) | 138.8% | 43.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IONQ Return | 55% | -79% | 259% | 237% | 7% | 26% | 424% |
| Peers Return | 27% | -40% | 15% | 478% | 71% | 2% | 786% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| IONQ Win Rate | 67% | 33% | 67% | 50% | 50% | 33% | |
| Peers Win Rate | 67% | 35% | 48% | 57% | 52% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| IONQ Max Drawdown | - | -82% | -52% | -48% | -64% | -48% | |
| Peers Max Drawdown | -14% | -28% | -40% | -37% | -40% | -35% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: HON, RGTI, IBM, GOOGL, QBTS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/22/2026 (YTD)
How Low Can It Go
| Event | IONQ | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -46.5% | -18.8% |
| % Gain to Breakeven | 86.9% | 23.1% |
| Time to Breakeven | 67 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -22.2% | -7.8% |
| % Gain to Breakeven | 28.6% | 8.5% |
| Time to Breakeven | 53 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -37.6% | -9.5% |
| % Gain to Breakeven | 60.2% | 10.5% |
| Time to Breakeven | 360 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -75.2% | -24.5% |
| % Gain to Breakeven | 302.5% | 32.4% |
| Time to Breakeven | 443 days | 427 days |
In The Past
IonQ's stock fell -46.5% during the 2025 US Tariff Shock. Such a loss loss requires a 86.9% gain to breakeven.
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Asset Allocation
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| Event | IONQ | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -46.5% | -18.8% |
| % Gain to Breakeven | 86.9% | 23.1% |
| Time to Breakeven | 67 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -22.2% | -7.8% |
| % Gain to Breakeven | 28.6% | 8.5% |
| Time to Breakeven | 53 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -37.6% | -9.5% |
| % Gain to Breakeven | 60.2% | 10.5% |
| Time to Breakeven | 360 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -75.2% | -24.5% |
| % Gain to Breakeven | 302.5% | 32.4% |
| Time to Breakeven | 443 days | 427 days |
In The Past
IonQ's stock fell -46.5% during the 2025 US Tariff Shock. Such a loss loss requires a 86.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About IonQ (IONQ)
IonQ, Inc. (symbol: IONQ) is a leading developer in the emerging field of quantum computing. The company specializes in building general-purpose quantum computing systems designed to tackle complex problems beyond the scope of traditional supercomputers. Founded in 2015, IonQ aims to make cutting-edge quantum capabilities accessible to a broad range of users.
IonQ's primary offering is access to its advanced quantum computers, currently featuring systems with 20 qubits. Instead of selling physical hardware, the company provides access to its quantum computing power as a service. This access is primarily delivered through major cloud platforms, including Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as via IonQ's own cloud service.
The company serves a market of sophisticated users, including enterprises, researchers, and developers who require powerful computing solutions for challenging computational tasks. These customers leverage IonQ's quantum computers to explore applications in areas such as materials science, drug discovery, financial modeling, and complex optimization, without the need to invest in or maintain their own quantum hardware.
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NVIDIA for quantum computing.
Amazon Web Services (AWS) for quantum computing.
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- Quantum Computing as a Service (QCaaS): Provides access to IonQ's general-purpose quantum computers with 20 qubits through major cloud platforms like AWS, Microsoft Azure, and Google Cloud, as well as its proprietary cloud service.
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IonQ (IONQ) primarily sells access to its quantum computing systems to other companies and institutions. Its major customers, in the sense of significant partners and distribution channels through which its services are accessed, include:
- Amazon (via Amazon Web Services' (AWS) Amazon Braket) - Symbol: AMZN
- Microsoft (via Azure Quantum) - Symbol: MSFT
- Google (via Google's Cloud Marketplace) - Symbol: GOOGL
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Niccolò de Masi Chairman & CEO
Niccolò de Masi was appointed CEO of IonQ in February 2025 and Chairman of the Board in August 2025. He previously served on IonQ's board of directors since 2021. De Masi is an experienced public company chief executive officer and board member with expertise in deep tech, mobile, and creating enterprise software-hardware ecosystems. He has led multiple technology and consumer companies, including serving as CEO of Monstermob Group PLC and Glu Mobile, where he oversaw significant growth. De Masi also co-founded dMY Technology Group, which completed several special-purpose acquisition company (SPAC) mergers, including IonQ's public listing in 2021. He has been instrumental in approximately 50 mergers and acquisitions and has helped raise over $5 billion in equity for public and private companies he has led.
Inder M. Singh Chief Financial Officer & Chief Operating Officer
Inder M. Singh was appointed Chief Financial Officer and Chief Operating Officer of IonQ in September 2025. Prior to joining IonQ, he served as CFO of Arm from April 2019 to December 2022, where he oversaw the majority of its IPO, which was the largest of 2023. Singh also held several leadership roles, including CFO, at Unisys, and led financial strategy for Cisco.
Dr. Jungsang Kim Co-Founder & Chief Technology Officer
Dr. Jungsang Kim co-founded IonQ in 2015 with Dr. Christopher Monroe and has served as Chief Technology Officer since its inception. He is a Professor of Electrical and Computer Engineering, Physics, and Computer Science at Duke University, where he has led numerous research and development projects in quantum computing technologies since 2004. Dr. Kim holds 35 patents, 19 of which are licensed to IonQ, covering innovations such as modular fault-tolerant quantum computer architecture and methods for compiling quantum circuits.
Dr. Christopher Monroe Co-Founder & Chief Scientific Advisor
Dr. Christopher Monroe co-founded IonQ in 2015 with Dr. Jungsang Kim. He served as Chief Scientist until 2023 and as CEO from August 2018 to May 2019. A pioneer in quantum physics, Dr. Monroe is the original inventor of the ion trap quantum computer and, with David Wineland, demonstrated the first quantum logic gate in 1995 at NIST. He is currently the Gilhuly Family Presidential Distinguished Professor of Electrical and Computer Engineering and Physics at Duke University.
Peter Chapman Former CEO, Executive Chair
Peter Chapman served as IonQ's Chief Executive Officer from May 2019 until February 2025, after which he transitioned to the role of Executive Chair. Before joining IonQ, he was an engineering director at Amazon, overseeing the "delivery experience" for Amazon Prime. Chapman played a pivotal role in guiding IonQ through its transition from a private research-driven company to a publicly traded quantum computing firm, following its 2021 merger with dMY Technology Group III.
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The key risks to IonQ's business are:
- Lack of Profitability and High Research & Development (R&D) Spending: IonQ consistently operates at a significant loss due to substantial investments in technology development and commercialization. The company reported a GAAP net loss of $510.4 million in 2025, with adjusted EBITDA losses expected to widen to $310-$330 million in 2026 as investments remain elevated. Maintaining a lead in quantum technology requires heavy R&D spending, contributing to these persistent losses.
- Nascent Stage of Quantum Computing and Intense Competition: The quantum computing industry is still in its early commercialization stages, with widespread adoption potentially years away. IonQ faces significant competition from major tech giants such as IBM, Google, Amazon, Microsoft, and Nvidia, who are heavily investing in quantum research and have far greater financial resources. The uncertainty surrounding the timeline for practical commercial applications of quantum computing and the intense competitive landscape pose considerable risks.
- High Valuation and Market Volatility: IonQ's stock trades at a premium valuation, with a market capitalization of $12.09 billion and a forward 12-month price/sales (P/S) ratio of 47.92 in early 2026, despite its unprofitability. This elevated valuation makes the stock highly sensitive to operational setbacks, shifts in market sentiment, and macroeconomic uncertainties. Global geopolitical tensions and a broader sell-off in high-growth technology stocks have contributed to significant stock price volatility, reducing investor appetite for speculative, pre-profit companies like IonQ.
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The emergence of superior quantum computing hardware from competitors, characterized by significantly higher qubit counts, improved error correction, or alternative architectures proving more scalable and performant, which could quickly render IonQ's current offerings less competitive or obsolete in the rapidly evolving quantum computing market.
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IonQ (IONQ) operates within the quantum computing market, offering access to its quantum computers through cloud platforms. The company is also expanding into quantum networking. The addressable markets for these services are projected to grow significantly.
Quantum Computing Market
The global quantum computing market, which encompasses IonQ's core services, is expected to see substantial growth over the next decade and beyond. Here are some projections:
- The global quantum computing market size was estimated at $1.42 billion in 2024 and is projected to reach $4.24 billion by 2030, growing at a compound annual growth rate (CAGR) of 20.5% from 2025 to 2030.
- Other estimates place the global market size at $1.3 billion in 2024, with projections to reach $20.2 billion by 2030, exhibiting a CAGR of 41.8%.
- By 2035, the global quantum computing market is projected to reach $27.6 billion, expanding at a CAGR of 32.2% from 2025. McKinsey & Company specifically forecasts that quantum computing could capture $72 billion of global revenue by 2035, with a low-end estimate of $28 billion.
- Longer-term projections from Boston Consulting Group (BCG) indicate that quantum computing will create a global market of $90 billion to $170 billion for hardware and software providers by 2040.
- IonQ itself projects the total addressable market for quantum computing products could reach $87 billion by 2035.
The North American region plays a significant role in this market. In 2024, North America accounted for approximately 31.01% of the global quantum computing market share. This share is also noted as 41% in 2024 and 43.60% in 2025. The North American quantum computing market size is expected to surpass $5 billion by 2032.
Quantum Networking Market
IonQ is also expanding its addressable market through ventures into quantum networking. McKinsey projects that the quantum networking market could become a $36 billion market by 2040.
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IonQ (IONQ) anticipates several key drivers to fuel its revenue growth over the next two to three years, stemming from its strategic advancements and market expansion efforts.
Here are 3-5 expected drivers of future revenue growth for IonQ:
- Expansion of Commercial Customer Base and Organic Growth: IonQ expects continued robust organic growth, driven by increasing adoption from commercial customers. In 2025, over 60% of its revenue was generated from commercial clients, and the company anticipates even higher organic growth in 2026. This indicates growing commercial traction and demand for its quantum solutions.
- Advancements in Quantum Computing Hardware: A significant driver is the ongoing development and deployment of next-generation quantum computing systems. IonQ plans to demonstrate an operational 256-qubit sixth-generation quantum computer in 2026, while simultaneously continuing deployments of its fifth-generation Tempo systems. This technological leadership and hardware roadmap are crucial for attracting and retaining high-value customers.
- Strategic Acquisitions and Vertical Integration: The agreement to acquire SkyWater Technology is a major strategic move expected to enhance IonQ's manufacturing capabilities and accelerate commercialization. This acquisition aims to establish IonQ as a leading merchant supplier for the U.S. quantum industry, providing vertical integration and securing domestic manufacturing.
- Broadening Quantum Platform into New Markets: IonQ is evolving into a "full-stack quantum platform company" by expanding its offerings beyond quantum computing to include quantum networking, quantum sensing, and quantum security. This diversification widens its addressable market and creates new revenue streams by offering integrated quantum solutions.
- Growth in International Sales and Expanding Global Footprint: International sales are a growing component of IonQ's revenue, making up more than 30% of total revenue in 2025. The company has also expanded its global presence by deploying national quantum networks in countries such as Switzerland, Slovakia, and Romania, indicating a push for increased international market penetration.
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Share Repurchases
- IonQ has not reported any share repurchases over the last 3-5 years.
Share Issuance
- In October 2025, IonQ priced a $2.0 billion equity offering to an entity managed by Heights Capital Management, Inc., which included common stock and pre-funded and regular warrants.
- In March 2025, IonQ sold 16,038,460 shares of its common stock for approximately $372.6 million, netting approximately $360 million, through an "at-the-market" equity offering program.
- In October 2021, IonQ went public via a SPAC merger, receiving $636 million in gross proceeds, which included a $350 million private investment.
Inbound Investments
- In October 2025, an entity managed by Heights Capital Management, Inc. made a $2.0 billion equity investment in IonQ through the purchase of common stock and warrants.
- Upon going public through a SPAC merger in October 2021, IonQ received $636 million in gross proceeds, including a $350 million private investment from strategic partners such as Silver Lake, Fidelity Management and Research, and Hyundai Motor Co.
Outbound Investments
- In January 2026, IonQ announced an agreement to acquire SkyWater Technology for $1.8 billion, aiming to create a vertically integrated quantum company and accelerate its roadmap.
- In June 2025, IonQ agreed to acquire Oxford Ionics for approximately $1.075 billion, consisting primarily of IonQ common stock.
- In 2025, IonQ acquired Lightsynq Technologies for 12.4 million shares of IonQ stock and Capella Space for $311 million of IonQ stock to enhance its quantum networking and space-based quantum key distribution capabilities.
Capital Expenditures
- IonQ increased its research and development (R&D) spending by 123% year-over-year in 2025, making it the largest investment area.
- In February 2024, IonQ opened a dedicated R&D facility in Bothell, Washington, described as the first quantum computing factory in the United States.
- The company capitalizes hardware and labor costs associated with building quantum computing systems and supporting equipment when these costs are expected to provide future economic benefit, including systems used in R&D with alternative future uses.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| IonQ Stock Surges 72%, With A 7-Day Winning Spree | 04/21/2026 | |
| IonQ Stock Surges 64%, With A 6-Day Winning Spree | 04/18/2026 | |
| 5-Day Rally Sends IonQ Stock Up 59% | 04/17/2026 | |
| IonQ Stock Shares Rally 21% In A Day, Now Is Not The Time To Buy The Stock | 04/16/2026 | |
| IonQ Stock 5-Day Losing Spree: Stock Falls 20% | 03/31/2026 | |
| IonQ Stock (-14%): Short-Seller Report Alleges Lost Contracts, Sparks Panic | 02/06/2026 | |
| Why IonQ Stock Jumped 60%? | 01/24/2026 | |
| IonQ Stock (+6.8%): QuantumBasel Deal Expansion Ignites Squeeze | 01/17/2026 | |
| IonQ Stock (-7.7%) : Roadmap Delay Spooks Retail Hands | 12/27/2025 | |
| IonQ Earnings Notes | 12/26/2025 | |
| ARTICLES | ||
| How Low Can IONQ Stock Go? | 05/13/2026 | |
| Why IONQ Stock Owns The Quantum Runway | 05/07/2026 | |
| How IONQ Stock Rises 10x To $500 | 05/05/2026 | |
| IonQ Stock On Fire: Up 59% With 5-Day Winning Streak | 04/17/2026 | |
| IonQ Stock Slides -20% With A 5-Day Losing Spree | 03/31/2026 |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 143.73 |
| Mkt Cap | 83.3 |
| Rev LTM | 18,475 |
| Op Inc LTM | 3,115 |
| FCF LTM | -82 |
| FCF 3Y Avg | -66 |
| CFO LTM | -61 |
| CFO 3Y Avg | -53 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.2% |
| Rev Chg 3Y Avg | 9.3% |
| Rev Chg Q | 15.6% |
| QoQ Delta Rev Chg LTM | 3.5% |
| Op Inc Chg LTM | -12.2% |
| Op Inc Chg 3Y Avg | -1.0% |
| Op Mgn LTM | -213.1% |
| Op Mgn 3Y Avg | -284.4% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | -214.4% |
| CFO/Rev 3Y Avg | -275.4% |
| FCF/Rev LTM | -226.4% |
| FCF/Rev 3Y Avg | -312.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 83.3 |
| P/S | 64.6 |
| P/Op Inc | -3.9 |
| P/EBIT | -2.4 |
| P/E | 24.6 |
| P/CFO | -55.7 |
| Total Yield | 2.8% |
| Dividend Yield | 0.1% |
| FCF Yield 3Y Avg | -3.8% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Price Behavior
Price Behavior
| Market Price | $58.32 | |
| Market Cap ($ Bil) | 21.7 | |
| First Trading Date | 01/04/2021 | |
| Distance from 52W High | -29.0% | |
| 50 Days | 200 Days | |
| DMA Price | $53.03 | $49.37 |
| DMA Trend | up | up |
| Distance from DMA | 10.0% | 18.1% |
| 3M | 1YR | |
| Volatility | 107.1% | 94.3% |
| Downside Capture | 568.31 | 370.01 |
| Upside Capture | 527.28 | 315.99 |
| Correlation (SPY) | 58.8% | 44.6% |
IONQ Betas & Captures as of 5/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 6.77 | 4.70 | 3.75 | 3.53 | 3.30 | 2.89 |
| Up Beta | -1.17 | 0.94 | 1.62 | 2.69 | 3.12 | 2.60 |
| Down Beta | 6.04 | 7.16 | 2.53 | 2.59 | 3.72 | 2.93 |
| Up Capture | 1322% | 1188% | 996% | 887% | 903% | 25346% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 12 | 24 | 30 | 58 | 120 | 364 |
| Down Capture | 856% | 675% | 346% | 271% | 195% | 114% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 8 | 17 | 33 | 66 | 128 | 381 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IONQ | |
|---|---|---|---|---|
| IONQ | 45.9% | 94.2% | 0.82 | - |
| Sector ETF (XLK) | 60.3% | 23.1% | 1.97 | 47.3% |
| Equity (SPY) | 26.1% | 12.4% | 1.59 | 44.6% |
| Gold (GLD) | 24.1% | 27.5% | 0.77 | 18.6% |
| Commodities (DBC) | 18.5% | 18.8% | 0.77 | 3.4% |
| Real Estate (VNQ) | 11.8% | 13.8% | 0.57 | 11.7% |
| Bitcoin (BTCUSD) | -40.2% | 42.5% | -1.09 | 40.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IONQ | |
|---|---|---|---|---|
| IONQ | 40.6% | 100.5% | 0.79 | - |
| Sector ETF (XLK) | 22.7% | 25.3% | 0.79 | 46.8% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 45.7% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 10.0% |
| Commodities (DBC) | 7.5% | 19.4% | 0.28 | 10.0% |
| Real Estate (VNQ) | 2.1% | 18.9% | 0.01 | 28.7% |
| Bitcoin (BTCUSD) | 9.4% | 54.1% | 0.37 | 28.9% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IONQ | |
|---|---|---|---|---|
| IONQ | 18.3% | 97.6% | 0.76 | - |
| Sector ETF (XLK) | 25.6% | 24.7% | 0.93 | 46.3% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 45.1% |
| Gold (GLD) | 12.2% | 16.1% | 0.62 | 9.9% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | 9.9% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 28.0% |
| Bitcoin (BTCUSD) | 59.9% | 66.8% | 1.00 | 26.1% |
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Returns Analyses
Earnings Returns History
Updated 6/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/6/2026 | -9.3% | 5.1% | 8.0% |
| 2/25/2026 | 21.7% | 10.5% | -11.2% |
| 8/6/2025 | -1.8% | -0.0% | 1.4% |
| 5/7/2025 | 9.3% | 14.7% | 33.9% |
| 2/26/2025 | -16.8% | -24.4% | -21.0% |
| 11/6/2024 | 34.4% | 62.7% | 130.8% |
| 8/7/2024 | 4.6% | 7.5% | 0.0% |
| 5/8/2024 | 4.8% | 2.5% | -10.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 12 | 10 |
| # Negative | 9 | 6 | 8 |
| Median Positive | 17.5% | 12.2% | 21.1% |
| Median Negative | -5.7% | -10.6% | -11.2% |
| Max Positive | 34.4% | 62.7% | 130.8% |
| Max Negative | -16.8% | -24.4% | -37.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/6/2026 | -9.3% | 5.1% | 8.0% |
| 2/25/2026 | 21.7% | 10.5% | -11.2% |
| 8/6/2025 | -1.8% | -0.0% | 1.4% |
| 5/7/2025 | 9.3% | 14.7% | 33.9% |
| 2/26/2025 | -16.8% | -24.4% | -21.0% |
| 11/6/2024 | 34.4% | 62.7% | 130.8% |
| 8/7/2024 | 4.6% | 7.5% | 0.0% |
| 5/8/2024 | 4.8% | 2.5% | -10.5% |
| 2/28/2024 | -8.0% | -11.9% | -11.3% |
| 11/8/2023 | -1.6% | 13.8% | 20.0% |
| 8/10/2023 | 10.7% | -8.3% | 38.7% |
| 5/11/2023 | -9.5% | 29.5% | 50.1% |
| 3/6/2023 | -2.0% | -9.3% | 22.3% |
| 11/14/2022 | -5.7% | -19.9% | -29.4% |
| 8/15/2022 | 31.8% | 0.9% | -9.0% |
| 5/16/2022 | 17.5% | 18.5% | 2.9% |
| 3/28/2022 | -5.7% | 3.3% | -37.6% |
| 11/15/2021 | 33.1% | 17.0% | -10.0% |
| SUMMARY STATS | |||
| # Positive | 9 | 12 | 10 |
| # Negative | 9 | 6 | 8 |
| Median Positive | 17.5% | 12.2% | 21.1% |
| Median Negative | -5.7% | -10.6% | -11.2% |
| Max Positive | 34.4% | 62.7% | 130.8% |
| Max Negative | -16.8% | -24.4% | -37.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/30/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/30/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 03/28/2022 | 10-K |
| 09/30/2021 | 11/15/2021 | 10-Q |
Recent Forward Guidance
Updated 6/1/2026Latest: Q1 2026 Earnings Reported 5/6/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 65.00 Mil | 66.50 Mil | 68.00 Mil | 34.3% | Higher New | Actual: 49.50 Mil for Q1 2026 | |
| 2026 Revenue | 260.00 Mil | 265.00 Mil | 270.00 Mil | 12.8% | Raised | Guidance: 235.00 Mil for 2026 | |
| 2026 Adjusted EBITDA | -330.00 Mil | -320.00 Mil | -310.00 Mil | 0 | Affirmed | Guidance: -320.00 Mil for 2026 | |
Prior: Q4 2025 Earnings Reported 2/25/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 48.00 Mil | 49.50 Mil | 51.00 Mil | 83.3% | Higher New | Guidance: 27.00 Mil for Q3 2025 | |
| 2026 Revenue | 225.00 Mil | 235.00 Mil | 245.00 Mil | 158.2% | Higher New | Guidance: 91.00 Mil for 2025 | |
| 2026 Adjusted EBITDA | -330.00 Mil | -320.00 Mil | -310.00 Mil | ||||
Insider Activity
Updated 6/22/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Toledano, Gabrielle B | Direct | Sell | 6222026 | 55.01 | 2,757 | 151,663 | 613,582 | Form | |
| 2 | Chou, Kathryn K | Direct | Sell | 6222026 | 55.02 | 2,757 | 151,690 | 3,444,692 | Form | |
| 3 | Raymond, John W | Direct | Sell | 6222026 | 55.01 | 3,815 | 209,863 | 4,408,941 | Form | |
| 4 | Cardillo, Robert T | Direct | Sell | 5082026 | 49.90 | 3,773 | 188,273 | 6,984,353 | Form | |
| 5 | Cardillo, Robert T | Direct | Sell | 4172026 | 44.90 | 2,500 | 112,250 | 6,284,518 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Toledano, Gabrielle B | Direct | Sell | 6222026 | 55.01 | 2,757 | 151,663 | 613,582 | Form | |
| 2 | Chou, Kathryn K | Direct | Sell | 6222026 | 55.02 | 2,757 | 151,690 | 3,444,692 | Form | |
| 3 | Raymond, John W | Direct | Sell | 6222026 | 55.01 | 3,815 | 209,863 | 4,408,941 | Form | |
| 4 | Cardillo, Robert T | Direct | Sell | 5082026 | 49.90 | 3,773 | 188,273 | 6,984,353 | Form | |
| 5 | Cardillo, Robert T | Direct | Sell | 4172026 | 44.90 | 2,500 | 112,250 | 6,284,518 | Form | |
| 6 | Raymond, John W | Direct | Sell | 3132026 | 33.34 | 2,800 | 93,352 | 2,799,326 | Form | |
| 7 | Teuber, William J JR | Direct | Buy | 2272026 | 38.38 | 3,000 | 115,155 | 361,318 | Form | |
| 8 | Cardillo, Robert T | Direct | Sell | 2272026 | 39.44 | 5,165 | 203,685 | 4,428,263 | Form | |
| 9 | Toledano, Gabrielle B | Direct | Sell | 2252026 | 31.00 | 616 | 19,096 | 290,935 | Form | |
| 10 | Chou, Kathryn K | Direct | Sell | 12232025 | 55.00 | 5,000 | 275,000 | 3,346,145 | Form | |
| 11 | Chou, Kathryn K | Direct | Sell | 12122025 | 51.40 | 20,000 | 1,027,980 | 3,127,064 | Form | |
| 12 | Alameddine, Rima | Chief Revenue Officer | Direct | Sell | 11212025 | 46.89 | 100,000 | 4,689,060 | 20,285,624 | Form |
| 13 | Teuber, William J JR | Direct | Buy | 11132025 | 54.81 | 2,000 | 109,630 | 351,529 | Form | |
| 14 | Cardillo, Robert T | Direct | Sell | 9162025 | 50.52 | 8,773 | 443,192 | 1,891,181 | Form | |
| 15 | Dacier, Paul T | Chief Administrative Officer | Direct | Sell | 9122025 | 44.40 | 4,175 | 185,377 | 5,081,941 | Form |
| 16 | Alameddine, Rima | Chief Revenue Officer | Direct | Sell | 9122025 | 44.40 | 19,976 | 886,966 | 23,649,003 | Form |
| 17 | De, Masi Niccolo | President and CEO | Direct | Sell | 9122025 | 44.40 | 16,120 | 715,754 | 52,446,548 | Form |
| 18 | Kramer, Thomas G | Chief Financial Officer | Direct | Sell | 9052025 | 41.82 | 64,578 | 2,700,859 | 19,795,004 | Form |
| 19 | Singh, Inder M | Direct | Sell | 8152025 | 43.02 | 50,480 | 2,171,801 | 237,186 | Form | |
| 20 | Kramer, Thomas G | Chief Financial Officer | Direct | Sell | 8082025 | 41.28 | 17,776 | 733,800 | 22,203,902 | Form |
| 21 | Singh, Inder M | Direct | Sell | 8052025 | 38.28 | 37,090 | 1,419,891 | 211,050 | Form | |
| 22 | Kramer, Thomas G | Chief Financial Officer | Direct | Sell | 7232025 | 47.70 | 47,478 | 2,264,720 | 26,505,013 | Form |
| 23 | Chou, Kathryn K | Direct | Sell | 7152025 | 43.14 | 6,789 | 292,864 | 2,624,473 | Form | |
| 24 | Kramer, Thomas G | Chief Financial Officer | Direct | Sell | 7102025 | 47.73 | 43,382 | 2,070,584 | 28,787,043 | Form |
| 25 | Alameddine, Rima | Chief Revenue Officer | Direct | Sell | 7072025 | 46.18 | 45,000 | 2,078,100 | 25,518,699 | Form |
| 26 | Chou, Kathryn K | Direct | Sell | 7072025 | 46.18 | 5,000 | 230,900 | 3,123,061 | Form | |
| 27 | Kramer, Thomas G | Chief Financial Officer | Direct | Sell | 7072025 | 42.26 | 72,000 | 3,042,396 | 27,318,857 | Form |
| 28 | Chapman, Peter Hume | Executive Chair | Direct | Sell | 6202025 | 39.93 | 1,497,311 | 59,789,126 | 15,586,227 | Form |
| 29 | Chapman, Peter Hume | Executive Chair | Direct | Sell | 6182025 | 37.78 | 910,740 | 34,406,573 | 14,746,122 | Form |
| 30 | Kramer, Thomas G | Chief Financial Officer | Direct | Sell | 6182025 | 38.11 | 216,000 | 8,232,430 | 27,384,872 | Form |
| 31 | Chapman, Peter Hume | Executive Chair | Direct | Sell | 6182025 | 38.13 | 3,581,193 | 136,536,564 | 14,881,683 | Form |
| 32 | Alameddine, Rima | Chief Revenue Officer | Direct | Sell | 6132025 | 38.57 | 65,000 | 2,506,758 | 21,310,987 | Form |
| 33 | Thomas, Wendy | Direct | Sell | 6132025 | 39.43 | 16,696 | 658,297 | 2,410,850 | Form | |
| 34 | Singh, Inder M | Direct | Sell | 6132025 | 39.18 | 43,391 | 1,699,873 | 1,061,270 | Form | |
| 35 | Chapman, Peter Hume | Executive Chair | Direct | Sell | 6132025 | 41.60 | 11,965 | 497,689 | 16,235,891 | Form |
| 36 | Chou, Kathryn K | Direct | Sell | 6132025 | 40.46 | 25,696 | 1,039,768 | 2,513,434 | Form | |
| 37 | Cardillo, Robert T | Direct | Sell | 6132025 | 40.22 | 10,058 | 404,578 | 1,284,087 | Form | |
| 38 | Toledano, Gabrielle B | Direct | Sell | 6132025 | 41.50 | 792 | 32,868 | 32,868 | Form | |
| 39 | De, Masi Niccolo | President and CEO | See footnote | Sell | 6132025 | 40.34 | 2,597,500 | Form | ||
| 40 | Alameddine, Rima | Chief Revenue Officer | Direct | Sell | 6132025 | 41.60 | 19,976 | 830,910 | 22,985,285 | Form |
| 41 | Kramer, Thomas G | Chief Financial Officer | Direct | Sell | 6132025 | 41.60 | 9,994 | 415,704 | 38,871,567 | Form |
| 42 | De, Masi Niccolo | President and CEO | Direct | Sell | 6102025 | 42.23 | 9,280 | 391,894 | 30,067,211 | Form |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
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| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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