IonQ vs Mynd.ai
Mynd.ai is the larger business, with $168m of revenue in fiscal 2025 against $130m for IonQ (1.3 times as much). IonQ grew faster (201.9% against -37.2%). Mynd.ai kept more of each dollar of sales as profit: a net margin of -32.2% against -392.6%.
| Latest fiscal year | IonQIONQ, 2025 | Mynd.aiMYND, 2025 |
|---|---|---|
| Revenue | $130m | $168m |
| Revenue growth | 201.9% | -37.2% |
| Net income | −$510m | −$54.1m |
| Operating margin | — | -29.8% |
| Net margin | -392.6% | -32.2% |
| Return on equity | -24.4% | — |
| Free cash flow | −$300m | −$45.6m |
| Cash | $1.03bn | $18.5m |
| Total debt | $0 | $76.5m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $11.39bn | $14.7m |
| Price vs our value range | — | — |
| Moat score | 12 (Weak) | — |
| Insider trades, 12 months | 2 buys, 12 sales | 0 buys, 0 sales |