IonQ, Inc. (IONQ) quarterly cash flow statement — complete operating, investing & financing history
IonQ, Inc. (IONQ) cash flow statement — 7-year operating, investing & financing cash flows
| 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 |
|---|
| Cash from Operations | -103.76M | -151.02M | -74.51M | -123.08M | -52.57M | -33.02M | -39.43M | -19.21M | -26.58M | -20.46M | -26.63M | -22.28M | -16.09M | -13.81M | -14.91M | -12.86M | -8.61M | -8.32M | -4.69M | -12.03M |
| Operating CF Margin % | -129.62% | -233.54% | -120.39% | -308.73% | -254.05% | -436.49% | -336.7% | -154.93% | -233.54% | -269.92% | -436.13% | -363.1% | -291.68% | -322.4% | -391.73% | -465.29% | -329.95% | -426.22% | -284.34% | -5163.09% |
| Operating CF Growth % | -97.35% | -357.3% | -88.98% | -540.66% | -97.8% | -61.37% | -48.06% | 13.77% | -65.23% | -48.14% | -78.57% | -73.3% | -86.94% | -65.97% | -218.25% | -6.87% | -45.28% | -113.55% | - | - |
| Net Income | -1.87B | 804.61M | -512.12M | -1.03B | -177.53M | -32.25M | -202M | -52.5M | -37.56M | -39.59M | -41.9M | -44.81M | -43.72M | -27.34M | -18.65M | -23.98M | -1.65M | -4.23M | -74.08M | -14.78M |
| Depreciation & Amortization | 46.09M | 43.13M | 38.49M | 16.4M | 10.62M | 6.56M | 5.5M | 4.89M | 4.3M | 3.96M | 3.51M | 2.75M | 2.33M | 1.79M | 1.36M | 1.53M | 1.45M | 1.27M | 1M | 596K |
| Stock-Based Compensation | 141.84M | 128.52M | 106.67M | 39.69M | 99.17M | 33.25M | 39.27M | 24.57M | 20.98M | 22.06M | 31.19M | 16.98M | 11.3M | 10.27M | 8.89M | 10.01M | 5.88M | 6.67M | 1.82M | 2.06M |
| Deferred Taxes | -6.37M | -6.51M | -24.98M | -4.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.58B | -1.05B | 329.32M | 900.3M | 22.82M | -39.08M | 127.82M | 3.7M | -7.91M | -9.99M | -9.47M | 5.38M | 13.38M | 2.17M | -2.75M | 2.86M | -17.06M | -13.81M | 63.69M | 4.62M |
| Working Capital Changes | 5.54M | -71.62M | -11.89M | -43.6M | -7.65M | -1.51M | -10.02M | 124K | -6.39M | 3.1M | -9.95M | -2.57M | 619K | -706K | -3.77M | -3.27M | 2.77M | 1.77M | 2.89M | -4.52M |
| Change in Receivables | -5.29M | -23.23M | -21.82M | -12.25M | -4.34M | 748K | -5.73M | 3.78M | 1.66M | 1.9M | -9.12M | -1.13M | 30K | 2.04M | -375K | -334K | -939K | 138K | 3.37M | -3.66M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 5.2M | 9.44M | 9.78M | -18.51M | -2.18M | 3.27M | -138K | -298K | 356K | -521K | 1.21M | 496K | -249K | 728K | -1.93M | 1.84M | 1.45M | -291K | 1.95M | -4.22M |
| Cash from Investing | 833.97M | -391.85M | -1.22B | -672.65M | 29.2M | -230.18M | 24.36M | 6.54M | 8.29M | 43.53M | 24.19M | 45.5M | -22.23M | 21.32M | 5.15M | 24.98M | -35.09M | -304.1M | -206.87M | -2.92M |
| Capital Expenditures | -10.21M | -8.37M | -8.79M | -1.82M | -1.19M | -2.31M | -3.59M | -3.77M | -7.49M | -3.14M | -7.16M | -4.13M | -1.23M | -1.19M | -955K | -1.36M | -4.35M | -2.67M | -2.48M | -2.3M |
| CapEx % of Revenue | 12.76% | 12.94% | 14.2% | 4.56% | 5.76% | 30.5% | 30.68% | 30.4% | 65.8% | 41.41% | 117.25% | 67.36% | 22.23% | 27.65% | 25.09% | 49.19% | 166.79% | 136.82% | 150.67% | 987.55% |
| Acquisitions | -31.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 32.15M | -34.71M | -70.83M | -276.92M | 27.58M | -1.1M | -16.77M | -1.24M | -1.26M | -1.76M | -1.66M | -1.61M | -1.42M | -1.16M | -1.99M | -737K | -761K | -591K | -204.39M | -614K |
| Cash from Financing | 12.02M | 6.9M | 1.98B | 1B | 4.12M | 368.73M | 39.27M | 1.09M | -33K | 1.36M | 977K | 244K | 506K | 34K | -1.07M | 1.11M | 907K | 148K | 23.29M | 574.55M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 9.18M | 5.36M | 1.95B | 1.36B | -4.05M | 362.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 2.84M | 1.54M | 26.9M | -358.71M | 8.17M | 6.43M | 39.27M | 1.09M | -33K | 1.36M | 977K | 244K | 506K | 34K | -1.07M | 1.11M | 907K | 148K | 23.29M | 574.55M |
| Net Change in Cash | 741.94M | -536.39M | 685.43M | 205.97M | -18.85M | 105.52M | 24.23M | -11.58M | -18.32M | 24.43M | -1.47M | 23.47M | -37.81M | 7.53M | -10.83M | 13.23M | -42.78M | -312.27M | -188.27M | 559.6M |
| Free Cash Flow | -113.97M | -159.39M | -83.3M | -127.2M | -54.86M | -36.44M | -44.33M | -24.23M | -35.33M | -25.36M | -35.44M | -28.03M | -18.73M | -16.16M | -17.01M | -14.95M | -13.72M | -11.59M | -7.79M | -14.95M |
| FCF Margin % | -142.37% | -246.48% | -134.59% | -319.08% | -265.09% | -481.56% | -378.59% | -195.36% | -310.45% | -334.5% | -580.48% | -456.75% | -339.6% | -377.15% | -446.73% | -541.15% | -525.92% | -593.29% | -472.75% | -6414.16% |
| FCF Growth % | -107.76% | -337.47% | -87.89% | -425.1% | -55.26% | -43.66% | -25.08% | 13.56% | -88.65% | -56.93% | -108.41% | -87.44% | -36.55% | -39.48% | -118.29% | -0.05% | -76.57% | -91.46% | - | - |
| FCF per Share | -0.31 | -0.43 | -0.23 | -0.43 | -0.22 | -0.16 | -0.20 | -0.11 | -0.17 | -0.12 | -0.17 | -0.14 | -0.09 | -0.08 | -0.09 | -0.08 | -0.07 | -0.06 | -0.04 | -0.08 |
| FCF Conversion (FCF/Net Income) | 0.06x | -0.19x | -0.11x | 0.12x | 0.30x | 1.02x | 0.20x | 0.37x | 0.71x | 0.52x | 0.64x | 0.50x | 0.37x | 0.51x | 0.80x | 0.54x | 5.20x | 1.97x | 0.06x | 0.81x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |