IonQ, Inc. (IONQ) quarterly balance sheet — complete assets, liabilities & equity history
IonQ, Inc. (IONQ) balance sheet — 7-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 2.41B | 2.3B | 2.59B | 1.22B | 625.89M | 636.98M | 378.8M | 395.4M | 404.86M | 409.93M | 389.99M | 403.84M | 391.32M | 402.34M | 371.63M | 416.64M | 430.25M | 422.3M | 529.62M | 597.85M |
| Cash & Short-Term Investments | 2.12B | 2.03B | 2.39B | 1.08B | 543.38M | 588.29M | 340.29M | 301.78M | 369.8M | 375.35M | 355.44M | 383.99M | 375.66M | 387.87M | 355.8M | 405.63M | 423.35M | 415.91M | 522.47M | 587.29M |
| Cash Only | 1.24B | 493.54M | 1.03B | 346.03M | 140.07M | 159.68M | 54.39M | 30.17M | 41.75M | 60.07M | 35.66M | 37.14M | 13.98M | 51.9M | 44.37M | 57.2M | 43.97M | 86.75M | 399.02M | 587.29M |
| Short-Term Investments | 883.24M | 1.54B | 1.36B | 736.33M | 403.32M | 428.61M | 285.9M | 271.61M | 328.05M | 315.28M | 319.78M | 346.85M | 361.68M | 335.97M | 311.43M | 348.44M | 379.38M | 329.16M | 123.44M | 0 |
| Accounts Receivable | 105.91M | 117.22M | 85.03M | 36.91M | 26.36M | 13.62M | 12.41M | 70.26M | 7.89M | 9.56M | 13.58M | 3.03M | 2.43M | 1.84M | 3.29M | 2.88M | 1.78M | 569K | 707K | 4.08M |
| Days Sales Outstanding | 126.83 | 140.74 | 90.63 | 73.01 | 87.9 | 154.82 | 324.75 | 289.93 | 69.76 | 138.82 | 125.13 | 40.94 | 35.19 | 53.86 | 74.53 | 77.55 | 41.02 | 29.4 | 133.67 | 888.81 |
| Inventory | 0 | 70.65M | 57.7M | 57.42M | 34.48M | 23.97M | 18.66M | 17.95M | 19.22M | 16.25M | 12.48M | 0 | 0 | 0 | 5.16M | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | 117.26 | 196.59 | 203.9 | 140.39 | 176.36 | 333.78 | 262.46 | 162.57 | 382.83 | 172.11 | - | - | - | 210.5 | - | - | - | - | - |
| Other Current Assets | 0 | 31.9M | 25.12M | 29.81M | 15.86M | 6.66M | 2.56M | 2.31M | 3.52M | 3.64M | 2.8M | 0 | 0 | 12.64M | 3.42M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 4.37B | 4.39B | 3.98B | 3.1B | 720.72M | 213.09M | 129.59M | 102.51M | 112.58M | 133.93M | 163.59M | 161.54M | 185.53M | 185.58M | 226.36M | 189.96M | 186.75M | 205.15M | 112.41M | 28.7M |
| Property, Plant & Equipment | 190.91M | 155.81M | 142.87M | 140.5M | 69.81M | 60.88M | 62.23M | 59.48M | 57.82M | 51.64M | 42.13M | 40.94M | 34.69M | 32.28M | 29.77M | 28.89M | 28.77M | 25.09M | 22.9M | 20.83M |
| Fixed Asset Turnover | 0.46x | 0.43x | 0.44x | 0.38x | 0.32x | 0.12x | 0.19x | 0.21x | 0.21x | 0.16x | 0.15x | 0.16x | 0.16x | 0.14x | 0.13x | 0.10x | 0.10x | 0.08x | 0.08x | 0.01x |
| Goodwill | 2.19B | 2.13B | 1.96B | 1.87B | 370.72M | 10.67M | 9.9M | 727K | 719K | 726K | 742K | 742K | 742K | 742K | 742K | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 778.87M | 781.09M | 767.43M | 655.91M | 143.24M | 28.22M | 29.47M | 17.49M | 16.97M | 16.86M | 15.08M | 13.06M | 11.55M | 10.05M | 8.94M | 7.6M | 6.84M | 6.17M | 5.84M | 5.52M |
| Long-Term Investments | 840.37M | 1.06B | 944.64M | 430.6M | 109.9M | 108.86M | 23.55M | 13.7M | 32.17M | 59.09M | 100.49M | 101.11M | 133.54M | 137.65M | 182M | 150.15M | 147.99M | 170.46M | 80.11M | 0 |
| Other Non-Current Assets | 372.68M | 267.81M | 165.39M | 11.19M | 27.05M | 4.47M | 4.44M | 11.12M | 4.9M | 5.61M | 5.16M | 5.68M | 5M | 4.86M | 4.91M | 3.31M | 3.15M | 3.42M | 3.56M | 2.36M |
| Total Assets | 6.78B | 6.69B | 6.57B | 4.32B | 1.35B | 850.07M | 508.39M | 497.91M | 517.43M | 543.86M | 553.58M | 565.38M | 576.85M | 587.92M | 597.99M | 606.6M | 616.99M | 627.45M | 642.03M | 626.56M |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.01x | 0.02x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Asset Growth % | 403.38% | 687.43% | 1192.39% | 767.49% | 160.25% | 56.3% | -8.16% | -11.93% | -10.3% | -7.49% | -7.43% | -6.8% | -6.51% | -6.3% | -6.86% | -3.19% | 921.63% | 873.74% | - | - |
| Total Current Liabilities | 226.06M | 163.89M | 166.82M | 139.28M | 80.63M | 48.38M | 36.09M | 32.32M | 30.79M | 34.7M | 37.16M | 28.6M | 23.63M | 20.86M | 20.16M | 19.63M | 14.29M | 11.38M | 9.69M | 11.08M |
| Accounts Payable | 44.58M | 38.31M | 26.14M | 16.97M | 8.94M | 8.75M | 5.23M | 4.85M | 6.32M | 5.85M | 5.6M | 6.41M | 4.56M | 3.6M | 3.06M | 5.04M | 3.68M | 1.97M | 1.88M | 1.97M |
| Days Payables Outstanding | 62.74 | 58.88 | 73.62 | 57.48 | 42.49 | 57.85 | 91.95 | 78.92 | 55.8 | 152.61 | 82.82 | 251.26 | 87.74 | 105.89 | 165.03 | 177.21 | 117.16 | 94.44 | 135.88 | 365.89 |
| Short-Term Debt | 0 | 9.16M | 8.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 72.83M | 50.97M | 42.12M | 0 | 16.73M | 0 | 0 | 8.33M | 0 | 0 | 12.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 37.21M | 45.51M | 39.59M | 252K | 18.15M | 14.9M | 392K | 14.06M | 17.13M | 392K | 5.79M | 9.19M | 7.24M | 9.86M | 5.83M | 6.01M | 4.55M | 4.59M | 3.91M |
| Current Ratio | 10.66x | 14.05x | 15.50x | 8.73x | 7.76x | 13.17x | 10.50x | 12.23x | 13.15x | 11.81x | 10.49x | 14.12x | 16.56x | 19.29x | 18.43x | 21.22x | 30.11x | 37.09x | 54.65x | 53.98x |
| Quick Ratio | 10.66x | 13.62x | 15.16x | 8.31x | 7.33x | 12.67x | 9.98x | 11.68x | 12.53x | 11.34x | 10.16x | 14.12x | 16.56x | 19.29x | 18.18x | 21.22x | 30.11x | 37.09x | 54.65x | 53.98x |
| Cash Conversion Cycle | - | 199.12 | 213.61 | 219.43 | 185.8 | 273.34 | 566.58 | 473.47 | 176.53 | 369.04 | 214.41 | - | - | - | 120 | - | - | - | - | - |
| Total Non-Current Liabilities | 3.21B | 1.54B | 2.59B | 1.89B | 87.53M | 36.65M | 88.44M | 29.9M | 23.37M | 29.39M | 31.42M | 38.28M | 29.98M | 14.82M | 9.62M | 11.34M | 10.02M | 26.28M | 41.11M | 57.82M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 42.84M | 21.28M | 21.17M | 19.92M | 13.74M | 13.74M | 14.36M | 15.21M | 15.15M | 14.45M | 7.39M | 6.5M | 5.61M | 5.62M | 3.46M | 3.51M | 3.56M | 3.6M | 3.64M | 3.68M |
| Deferred Tax Liabilities | 0 | 77.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.16B | 1.43B | 2.57B | 1.87B | 71.02M | 22.91M | 74.08M | 14.63M | 8.1M | 14.76M | 23.58M | 31.33M | 23.66M | 8.25M | 4.96M | 7.09M | 5.85M | 22.19M | 35.93M | 52.6M |
| Total Liabilities | 3.44B | 1.7B | 2.76B | 2.03B | 168.16M | 85.03M | 124.53M | 62.23M | 54.16M | 64.09M | 68.59M | 66.88M | 53.61M | 35.69M | 29.78M | 30.97M | 24.31M | 37.67M | 50.8M | 68.89M |
| Total Debt | 54.5M | 30.44M | 30.02M | 28.52M | 19.27M | 17.36M | 17.73M | 18.3M | 16.63M | 15.63M | 8.11M | 7.2M | 6.24M | 6.23M | 4.05M | 4.09M | 4.13M | 4.17M | 4.21M | 4.25M |
| Net Debt | -1.18B | -463.1M | -1B | -317.52M | -120.8M | -142.32M | -36.67M | -11.87M | -25.12M | -44.44M | -27.56M | -29.94M | -7.75M | -45.67M | -40.32M | -53.1M | -39.84M | -82.58M | -394.81M | -583.05M |
| Debt / Equity | 0.02x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.05x | 0.04x | 0.04x | 0.03x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 3.34B | 4.99B | 3.81B | 2.29B | 1.18B | 765.05M | 383.86M | 435.68M | 463.27M | 479.77M | 484.99M | 498.5M | 523.25M | 552.24M | 568.21M | 575.63M | 592.68M | 589.78M | 591.23M | 557.67M |
| Equity Growth % | 183.39% | 552.21% | 893.51% | 425.11% | 154.37% | 59.46% | -20.85% | -12.6% | -11.46% | -13.12% | -14.65% | -13.4% | -11.71% | -6.37% | -3.89% | 3.22% | 1265.33% | 1082.74% | - | - |
| Book Value per Share | 9.08 | 13.44 | 10.34 | 7.77 | 4.70 | 3.34 | 1.76 | 2.03 | 2.19 | 2.30 | 2.36 | 2.45 | 2.60 | 2.76 | 2.85 | 2.90 | 3.01 | 3.01 | 3.02 | 2.90 |
| Total Shareholders' Equity | 3.33B | 4.98B | 3.8B | 2.27B | 1.16B | 765.05M | 383.86M | 435.68M | 463.27M | 479.77M | 484.99M | 498.5M | 523.25M | 552.24M | 568.21M | 575.63M | 592.68M | 589.78M | 591.23M | 557.67M |
| Common Stock | 38K | 37K | 36K | 32K | 27K | 24K | 22K | 22K | 21K | 21K | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 19K | 10K |
| Retained Earnings | -2.26B | -388.74M | -1.19B | -1.95B | -892.81M | -715.97M | -683.72M | -481.72M | -429.23M | -391.67M | -352.07M | -310.17M | -265.36M | -221.64M | -194.3M | -175.66M | -151.67M | -150.02M | -145.79M | -71.71M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -54.26M | -55.06M | -12.67M | -16.79M | 4.07M | -11K | 157K | 335K | -1.32M | -1.72M | -1.97M | -4.79M | -6.09M | -5.43M | -7.36M | -9.12M | -6.93M | -4.69M | -148K | 0 |
| Minority Interest | 12.37M | 13.73M | 14.18M | 14.44M | 16.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |