IonQ(US:IONQ) The Motley Foolยท2025-03-08 14:49Company Overview - IonQ is a quantum computing company that has seen its stock price increase over 120% in the past year, despite a recent drop of about 40% in 2025 [1] - The company specializes in quantum computing and networking hardware, offering solutions through platforms like AWS, Microsoft Azure, and Google Cloud [6] Recent Financial Performance - In Q4, IonQ's revenue nearly doubled to $11.7 million from $6.1 million a year ago, surpassing its previous forecast of $7.1 million to $11.1 million [7] - The company recorded $22.7 million in new bookings for Q4 and $95.6 million for the year, indicating potential future revenue growth [7] - IonQ reported a loss of $202 million in Q4, or $0.93 per share, compared to a loss of $41.9 million, or $0.20 per share, a year ago [9] - Adjusted EBITDA loss was $32.8 million, compared to a loss of $20 million a year ago [10] - The company ended the year with $363.8 million in cash and investments and no debt, while also entering an ATM program to raise up to $500 million in new stock [10] Future Outlook - IonQ forecasts 2025 revenue to range between $75 million and $95 million, with an adjusted EBITDA loss of $120 million, compared to revenue of $43.1 million and an adjusted EBITDA loss of $107.2 million in 2024 [11] - The company expects Q1 revenue to be between $7 million and $8 million, slightly down from $7.6 million a year ago [11] - IonQ has recently acquired Qubitekk and announced plans to acquire a controlling stake in ID Quantique to enhance its network offerings [11] Industry Context - Quantum computing is an emerging technology that leverages quantum mechanics to solve problems faster than traditional computers, using quantum bits (qubits) that can exist in multiple states simultaneously [3][4] - Despite recent advancements, such as Alphabet's breakthrough with its quantum chip, practical applications for quantum computing are not expected for at least a decade [5]