IONQ vs. RGTI: IonQ vs. Rigetti Computing Stock Comparison
How do IonQ (IONQ) and Rigetti Computing (RGTI) 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
IonQ (IONQ) and Rigetti Computing (RGTI) share the Information Technology sector but sit in different industry groups — IONQ in Technology Hardware & Equipment and RGTI in Semiconductors & Semiconductor Equipment.
| Profile Item | IONQ | RGTI |
|---|---|---|
| Name | IonQ, Inc. | Rigetti Computing, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Semiconductors |
| Market Capitalization | 15.16 billion USD | 3.92 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 4, 2021 | April 22, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| Total Return (1Y) | -40.10% | -61.98% |
| Total Return (3Y, Annualized) | 46.76% | 130.39% |
| Total Return (5Y, Annualized) | 9.52% | 3.44% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| Volatility (1Y, Annualized) | 94.72% | 96.83% |
| Beta (5Y) | 3.33 | 2.12 |
| Max Drawdown (5Y) | -90.00% | -96.89% |
| Avg. Volume (3M) | 22.02M | 15.76M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| Sharpe Ratio (1Y) | -0.47 | -0.68 |
| Sortino Ratio (1Y) | -0.74 | -1.06 |
Profitability
ROE (TTM)
Rigetti Computing (RGTI) reports a negative ROE of -43.77%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile IonQ (IONQ) reports 6.90%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
6.90%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- IONQ
- 6.90%
- Q1
- 1.63%
- Min
- -20.62%
RGTI
Semiconductors & Semiconductor Equipment industry group
-43.77%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
- RGTI
- -43.77%
Net Margin (TTM)
IonQ (IONQ) at 67.09% retains an above-range share of revenue as profit, while Rigetti Computing (RGTI) at 0.00% keeps a bottom-quartile share — a wide gap in how much each sales dollar survives to the bottom line.
IONQ
Technology Hardware & Equipment industry group
67.09%
- IONQ
- 67.09%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
RGTI
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- RGTI
- 0.00%
- Min
- -37.77%
Operating Margin (TTM)
Both IonQ (IONQ) at -249.14% and Rigetti Computing (RGTI) at -546.17% report negative operating margin values, usually indicating operating losses over the period.
IONQ
Technology Hardware & Equipment industry group
-249.14%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
- IONQ
- -249.14%
RGTI
Semiconductors & Semiconductor Equipment industry group
-546.17%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
- RGTI
- -546.17%
Profitability Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| ROE (TTM) | 6.90% | -43.77% |
| ROA (TTM) | -12.60% | -9.45% |
| Net Margin (TTM) | 67.09% | 0.00% |
| Operating Margin (TTM) | -249.14% | -546.17% |
| Gross Margin (TTM) | 24.67% | 34.61% |
Growth
Revenue Growth
IonQ (IONQ) at 201.85% delivers above-range revenue growth, while Rigetti Computing (RGTI) at -34.31% falls into the bottom quartile — a wide split in revenue momentum.
EPS Growth
Neither IonQ (IONQ) nor Rigetti Computing (RGTI) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| Revenue Growth (YoY) | 201.85% | -34.31% |
| Revenue Growth (3Y CAGR) | 126.89% | -18.52% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Rigetti Computing (RGTI) at 3.94 keeps current ratio within its industry’s typical mid-range, while IonQ (IONQ) at 4.24 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
IONQ
Technology Hardware & Equipment industry group
4.24
- Max
- 5.34
- IONQ
- 4.24
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
RGTI
Semiconductors & Semiconductor Equipment industry group
3.94
- Max
- 10.33
- Q3
- 5.62
- RGTI
- 3.94
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both IonQ (IONQ) at 0.01 and Rigetti Computing (RGTI) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
IONQ
Technology Hardware & Equipment industry group
0.01
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- IONQ
- 0.01
- Min
- 0.01
RGTI
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- RGTI
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| Current Ratio (MRQ) | 4.24 | 3.94 |
| Debt / Equity (MRQ) | 0.01 | 0.01 |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Neither IonQ (IONQ) nor Rigetti Computing (RGTI) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RGTI
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- RGTI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither IonQ (IONQ) nor Rigetti Computing (RGTI) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RGTI
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- RGTI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: IonQ (IONQ) trades at 18.86 times trailing earnings, ranked against its peers, while Rigetti Computing (RGTI) has no P/E ratio this period.
IONQ
Technology Hardware & Equipment industry group
18.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- IONQ
- 18.86
- Min
- 6.07
RGTI
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
- RGTI
- --
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both IonQ (IONQ) at 39.84 and Rigetti Computing (RGTI) at 293.70 — each P/S ratio clears its industry’s benchmark range.
IONQ
Technology Hardware & Equipment industry group
39.84
- IONQ
- 39.84
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
RGTI
Semiconductors & Semiconductor Equipment industry group
293.70
- RGTI
- 293.70
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both IonQ (IONQ) at 2.67 and Rigetti Computing (RGTI) at 7.29 are valued close to their industries’ norm against book — neither stands out from peers.
IONQ
Technology Hardware & Equipment industry group
2.67
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- IONQ
- 2.67
- Q1
- 1.79
- Min
- 0.33
RGTI
Semiconductors & Semiconductor Equipment industry group
7.29
- Max
- 14.06
- Q3
- 7.44
- RGTI
- 7.29
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | IONQ | RGTI |
|---|---|---|
| P/E Ratio (TTM) | 18.86 | -- |
| P/S Ratio (TTM) | 39.84 | 293.70 |
| P/B Ratio (MRQ) | 2.67 | 7.29 |
| Free Cash Flow Yield (TTM) | -2.81% | 0.67% |