How IonQ's New $3.5 Billion Balance Sheet Changes the Investment Thesis
In the world of quantum computing stocks, perhaps no other name commands more attention than IonQ (NYSE: IONQ). On the surface, investing in IonQ might look compelling. The company's systems integrate with each major cloud hyperscaler -- Amazon, Microsoft, and . Meanwhile, CEO Niccolo de Masi has done a phenomenal job on the marketing side of the house by getting investors both intrigued and excited about the company's potentially revolutionary trapped ion technology.
With a cash pile of $3.5 billion, is IonQ poised to take over the quantum AI revolution? Below, I'll look at IonQ's financial profile and assess what the underlying business trajectory could look like over the coming years.
The charts below illustrate IonQ's revenue and net income over the last 12 months. The dichotomy between the company's sales and profitability profile could not be more dramatic.
Source Fool.com
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