IonQ, Inc. (IONQ)

NYSE · Common Stock · Services-Computer Integrated Systems Design

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

quantum computing company based in College Park, MD, USA

Corporate structure

19 entities across 7 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-25 — see the exhibit.

Which other public companies file entities in the same places:

Delaware10 Switzerland3 England and Wales2 Italy1 Germany1 Israel1 Sweden1

Subsidiaries of IonQ, Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Capella Space Corp.	Delaware
ID Quantique Inc.	Delaware
id Quantique SA	Switzerland
IonQ Federal, LLC	Delaware
IonQ Italia S.r.l.	Italy
IonQ Quantum Acquisitions, Inc.	Delaware
IonQ Quantum International GmbH	Germany
IonQ Quantum Israel Ltd.	Israel
IonQ Quantum Switzerland GmbH	Switzerland
IonQ Quantum UK Limited	England and Wales
IonQ Quantum, Inc.	Delaware
IonQ Sweden AB	Sweden
Lightsynq Technologies, Inc.	Delaware
Oxford Ionics DACH GmbH	Switzerland
Oxford Ionics Limited	England and Wales
Oxford Ionics North America Inc.	Delaware
Seed Innovations, LLC	Delaware
Skyloom Global, LLC	Delaware
Vector Atomic, Inc.	Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 7

FAILReturn on assets positiveROA -7.8%
FAILOperating cash flow positiveOCF -283M
PASSReturn on assets improving-65.2% → -7.8%
PASSCash flow exceeds earningsOCF -283M vs NI -510M
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving10.50 → 15.50
FAILNo share dilution213M → 280M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.08× → 0.02×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$0	−$15.4M	−$22.0M	—	—
FY2021	$2.1M	−$106.2M	−$34.3M	—	137,609,620
FY2022	$1.2B	−$48.5M	−$54.0M	—	197,727,642
FY2023	$22.0M	−$157.8M	−$92.5M	—	202,576,492
FY2024	$43.1M	−$331.6M	−$123.7M	—	213,029,365
FY2025	$130.0M	−$510.4M	−$299.6M	—	280,345,046

Ownership flow

13 institutions tracked — 5 added, 7 reduced, 1 opened a new position, 1 sold out. Active managers added 10,899,268 shares while index money cut 12,101,836.

Institutional holders of IonQ, Inc. and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	20,896,455	−8,974,487	$1.1B
MORGAN STANLEY	Active fund	26,302,397	+5,142,505	$1.4B
BANK OF AMERICA CORP /DE/	Active fund	6,473,088	+4,664,737	$344.8M
CITADEL ADVISORS LLC	Hedge fund	6,968,500	+3,669,700	$371.1M
GEODE CAPITAL MANAGEMENT, LLC	Index	6,459,949	−1,980,116	$343.1M
STATE STREET CORP	Index	8,123,629	−1,147,233	$432.7M
FMR LLC	Active fund	660,126	−1,035,059	$35.2M
WELLINGTON MANAGEMENT GROUP LLP	Active fund	216,337	−799,031	$11.5M
JPMORGAN CHASE & CO	Active fund	521,954	−530,368	$29.0M
Point72 Asset Management, L.P.	Hedge fund	305,100	−374,898	$16.2M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	1,565,044	+128,385	$83.4M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	88,825	+33,297	$4.7M

NORGES BANK holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001824920
LEI: 529900RB2VEFGLQS7G28
FIGI: BBG00XZP0LB4
SIC: 7373 · Services-Computer Integrated Systems Design
Incorporated: DE
Headquarters: COLLEGE PARK, MD

Ownership

Institutional: 50.6%
Institutions: 1,041
Insiders: 0.7%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other services-computer integrated systems design companies

IonQ, Inc. files under SIC 7373 — all 14 services-computer integrated systems design companies compared on assets and F-score.

Leidos Holdings, Inc.LDOS OPEN TEXT CORPOTEX Kyndryl Holdings, Inc.KD CACI INTERNATIONAL INC /DE/CACI GoDaddy Inc.GDDY Light & Wonder, Inc.LNWO

Questions about IonQ, Inc.

How many subsidiaries does IonQ, Inc. file with the SEC?: 19, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by Delaware, Switzerland, Italy. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is IonQ, Inc. financially healthy?: IonQ, Inc. scores 3 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of IonQ, Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are MORGAN STANLEY (adding), BlackRock, Inc. (trimming), STATE STREET CORP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

19 entities across 7 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-25 — see the exhibit.

Entity

Jurisdiction

Note

Capella Space Corp.

Delaware

ID Quantique Inc.

Delaware

id Quantique SA

Switzerland

IonQ Federal, LLC

Delaware

IonQ Italia S.r.l.

Italy

IonQ Quantum Acquisitions, Inc.

Delaware

IonQ Quantum International GmbH

Germany

IonQ Quantum Israel Ltd.

Israel

IonQ Quantum Switzerland GmbH

Switzerland

IonQ Quantum UK Limited

England and Wales

IonQ Quantum, Inc.

Delaware

IonQ Sweden AB

Sweden

Lightsynq Technologies, Inc.

Delaware

Oxford Ionics DACH GmbH

Switzerland

Oxford Ionics Limited

England and Wales

Oxford Ionics North America Inc.

Delaware

Seed Innovations, LLC

Delaware

Skyloom Global, LLC

Delaware

Vector Atomic, Inc.

Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 7

FAILReturn on assets positiveROA -7.8%
FAILOperating cash flow positiveOCF -283M
PASSReturn on assets improving-65.2% → -7.8%
PASSCash flow exceeds earningsOCF -283M vs NI -510M
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving10.50 → 15.50
FAILNo share dilution213M → 280M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.08× → 0.02×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$0	−$15.4M	−$22.0M	—	—
FY2021	$2.1M	−$106.2M	−$34.3M	—	137,609,620
FY2022	$1.2B	−$48.5M	−$54.0M	—	197,727,642
FY2023	$22.0M	−$157.8M	−$92.5M	—	202,576,492
FY2024	$43.1M	−$331.6M	−$123.7M	—	213,029,365
FY2025	$130.0M	−$510.4M	−$299.6M	—	280,345,046

Ownership flow

13 institutions tracked — 5 added, 7 reduced, 1 opened a new position, 1 sold out. Active managers added 10,899,268 shares while index money cut 12,101,836.

Institutional holders of IonQ, Inc. and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	20,896,455	−8,974,487	$1.1B
MORGAN STANLEY	Active fund	26,302,397	+5,142,505	$1.4B
BANK OF AMERICA CORP /DE/	Active fund	6,473,088	+4,664,737	$344.8M
CITADEL ADVISORS LLC	Hedge fund	6,968,500	+3,669,700	$371.1M
GEODE CAPITAL MANAGEMENT, LLC	Index	6,459,949	−1,980,116	$343.1M
STATE STREET CORP	Index	8,123,629	−1,147,233	$432.7M
FMR LLC	Active fund	660,126	−1,035,059	$35.2M
WELLINGTON MANAGEMENT GROUP LLP	Active fund	216,337	−799,031	$11.5M
JPMORGAN CHASE & CO	Active fund	521,954	−530,368	$29.0M
Point72 Asset Management, L.P.	Hedge fund	305,100	−374,898	$16.2M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	1,565,044	+128,385	$83.4M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	88,825	+33,297	$4.7M

NORGES BANK holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.

Questions about IonQ, Inc.

How many subsidiaries does IonQ, Inc. file with the SEC?

19, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by Delaware, Switzerland, Italy. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is IonQ, Inc. financially healthy?

IonQ, Inc. scores 3 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of IonQ, Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are MORGAN STANLEY (adding), BlackRock, Inc. (trimming), STATE STREET CORP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.