CSCO vs. IONQ: Cisco Systems vs. IonQ Stock Comparison

June 23, 2026

How do Cisco Systems (CSCO) and IonQ (IONQ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Cisco Systems (CSCO) and IonQ (IONQ) both fall under the Technology Hardware & Equipment industry group, but CSCO is classified in Communications Equipment while IONQ is classified in Technology Hardware, Storage & Peripherals.

Cisco Systems (CSCO) has more than two decades of public-market history since February 16, 1990, whereas IonQ (IONQ) listed on January 4, 2021 and has a much shorter record to draw on.

Company profile comparison for Cisco Systems (CSCO) and IonQ (IONQ)
Profile Item	CSCO	IONQ
Name	Cisco Systems, Inc.	IonQ, Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Communications Equipment	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Communications Equipment	Technology Hardware, Storage & Peripherals
Market Capitalization	471.16 billion USD	21.77 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	February 16, 1990	January 4, 2021
Security Type	Common Stock	Common Stock

Performance

Cumulative Growth

CSCO

IONQ

Cisco Systems (CSCO) vs. IonQ (IONQ): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Cisco Systems (CSCO) and IonQ (IONQ). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
Total Return (1Y)	85.74%	44.50%

Risk

Drawdown

CSCO

IONQ

Cisco Systems (CSCO) vs. IonQ (IONQ): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

IonQ (IONQ) carries a highly aggressive beta of 3.22, indicating much higher sensitivity to broad-market moves, whereas Cisco Systems (CSCO) is closer to market-like at 1.02 — a noticeable difference in market-sensitivity profile.

Risk at a Glance

Risk metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
Volatility (1Y, Annualized)	30.99%	94.15%
Beta (5Y)	1.02	3.22
Avg. Volume (3M)	24.30M	30.85M

Profitability

ROE (TTM)

Cisco Systems (CSCO) at 25.23% sits in the top ROE quartile, while IonQ (IONQ) at 11.29% is closer to the peer norm — stronger capital efficiency for CSCO.

CSCO

Technology Hardware & Equipment industry group

25.23%

Max: 44.16%
CSCO: 25.23%
Q3: 19.25%
Median: 10.96%
Q1: 0.71%
Min: -25.92%

IONQ

Technology Hardware & Equipment industry group

11.29%

Max: 44.16%
Q3: 19.25%
IONQ: 11.29%
Median: 10.96%
Q1: 0.71%
Min: -25.92%

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

IonQ (IONQ) at 174.88% keeps the most of each sales dollar — above its industry’s net margin range — and Cisco Systems (CSCO) at 19.69% also retains a top-quartile share.

CSCO

Technology Hardware & Equipment industry group

19.69%

Max: 30.43%
CSCO: 19.69%
Q3: 12.35%
Median: 4.45%
Q1: 0.00%
Min: -14.09%

IONQ

Technology Hardware & Equipment industry group

174.88%

IONQ: 174.88%
Max: 30.43%
Q3: 12.35%
Median: 4.45%
Q1: 0.00%
Min: -14.09%

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

IonQ (IONQ) reports a negative operating margin of -401.76%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Cisco Systems (CSCO) reports 24.99%, ranking against industry peers normally.

CSCO

Technology Hardware & Equipment industry group

24.99%

Max: 35.67%
CSCO: 24.99%
Q3: 15.55%
Median: 6.62%
Q1: 1.55%
Min: -18.45%

IONQ

Technology Hardware & Equipment industry group

-401.76%

Max: 35.67%
Q3: 15.55%
Median: 6.62%
Q1: 1.55%
Min: -18.45%
IONQ: -401.76%

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability at a Glance

Profitability metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
ROE (TTM)	25.23%	11.29%
ROA (TTM)	7.34%	-12.83%
Net Margin (TTM)	19.69%	174.88%
Operating Margin (TTM)	24.99%	-401.76%
Gross Margin (TTM)	64.30%	36.11%

Growth

Revenue Growth

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
Revenue Growth (YoY)	5.30%	201.85%
Revenue Growth (3Y CAGR)	3.19%	126.89%

EPS Growth

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
EPS Growth (YoY)	2.76%	--
EPS Growth (3Y CAGR)	-2.55%	--

Financial Strength

Current Ratio (MRQ)

IonQ (IONQ) at 14.05 carries current ratio above its industry’s typical mid-range, while Cisco Systems (CSCO) at 0.93 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

CSCO

Technology Hardware & Equipment industry group

0.93

Max: 5.80
Q3: 3.18
Median: 1.90
Q1: 1.28
CSCO: 0.93
Min: 0.40

IONQ

Technology Hardware & Equipment industry group

14.05

IONQ: 14.05
Max: 5.80
Q3: 3.18
Median: 1.90
Q1: 1.28
Min: 0.40

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Cisco Systems (CSCO) at 0.68 runs a more typical debt-to-equity mix.

CSCO

Technology Hardware & Equipment industry group

0.68

Max: 2.02
Q3: 0.88
CSCO: 0.68
Median: 0.31
Q1: 0.05
Min: 0.00

IONQ

Technology Hardware & Equipment industry group

0.01

Max: 2.02
Q3: 0.88
Median: 0.31
Q1: 0.05
IONQ: 0.01
Min: 0.00

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
Current Ratio (MRQ)	0.93	14.05
Debt / Equity (MRQ)	0.68	0.01
Net Debt / EBITDA	0.96	--

Dividends

Dividend Yield (TTM)

IonQ (IONQ) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cisco Systems (CSCO) reports a yield of 1.41%, ranking against industry peers normally.

CSCO

Technology Hardware & Equipment industry group

1.41%

CSCO: 1.41%
Max: 0.74%
Q3: 0.34%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

IONQ

Technology Hardware & Equipment industry group

0.00%

Max: 0.74%
Q3: 0.34%
IONQ: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

IonQ (IONQ) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cisco Systems (CSCO) reports a payout of 55.00%, ranking against industry peers normally.

CSCO

Technology Hardware & Equipment industry group

55.00%

CSCO: 55.00%
Max: 37.10%
Q3: 15.46%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

IONQ

Technology Hardware & Equipment industry group

0.00%

Max: 37.10%
Q3: 15.46%
IONQ: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividends at a Glance

Dividend metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
Dividend Yield (TTM)	1.41%	0.00%
Dividend Payout Ratio (TTM)	55.00%	0.00%

Valuation

P/E Ratio (TTM)

Cisco Systems (CSCO) at 39.85 is near its industry’s usual P/E ratio, while IonQ (IONQ) at 149.54 sits in the richer quartile — IONQ needs stronger growth or earnings quality to justify the premium.

CSCO

Technology Hardware & Equipment industry group

39.85

Max: 156.28
Q3: 80.42
Median: 42.19
CSCO: 39.85
Q1: 23.73
Min: 8.72

IONQ

Technology Hardware & Equipment industry group

149.54

Max: 156.28
IONQ: 149.54
Q3: 80.42
Median: 42.19
Q1: 23.73
Min: 8.72

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Cisco Systems (CSCO) at 7.76 prices around its industry’s typical P/S ratio, while IonQ (IONQ) at 116.34 clears its benchmark range — IONQ looks notably rich on sales.

CSCO

Technology Hardware & Equipment industry group

7.76

Max: 19.94
Q3: 9.21
CSCO: 7.76
Median: 4.06
Q1: 1.46
Min: 0.00

IONQ

Technology Hardware & Equipment industry group

116.34

IONQ: 116.34
Max: 19.94
Q3: 9.21
Median: 4.06
Q1: 1.46
Min: 0.00

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Cisco Systems (CSCO) at 9.64 and IonQ (IONQ) at 4.37 are valued close to their industries’ norm against book — neither stands out from peers.

CSCO

Technology Hardware & Equipment industry group

9.64

Max: 21.56
Q3: 9.87
CSCO: 9.64
Median: 4.66
Q1: 2.07
Min: -4.15

IONQ

Technology Hardware & Equipment industry group

4.37

Max: 21.56
Q3: 9.87
Median: 4.66
IONQ: 4.37
Q1: 2.07
Min: -4.15

Cisco Systems (CSCO) vs. IonQ (IONQ): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation at a Glance

Valuation metrics for Cisco Systems (CSCO) and IonQ (IONQ)
Metric	CSCO	IONQ
P/E Ratio (TTM)	39.85	149.54
P/S Ratio (TTM)	7.76	116.34
P/B Ratio (MRQ)	9.64	4.37
Free Cash Flow Yield (TTM)	1.97%	-0.42%