IonQ, Inc. (IONQ) quarterly income statement — complete revenue, gross profit & net income history
IonQ, Inc. (IONQ) annual income statement — 7-year revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 80.05M | 64.67M | 61.89M | 39.87M | 20.69M | 7.57M | 11.71M | 12.4M | 11.38M | 7.58M | 6.11M | 6.14M | 5.51M | 4.29M | 3.81M | 2.76M | 2.61M | 1.95M | 1.65M | 233K |
| Revenue Growth % | 286.83% | 754.72% | 428.52% | 221.5% | 81.83% | -0.21% | 91.78% | 102.09% | 106.36% | 76.94% | 60.39% | 122.08% | 111.46% | 119.41% | 131.01% | 1085.84% | 2704.3% | 1462.4% | - | - |
| Cost of Goods Sold | 60.11M | 49.25M | 26.94M | 20.73M | 18.94M | 10.88M | 5.04M | 6.51M | 9.93M | 3.41M | 6.67M | 2.01M | 4.23M | 2.83M | 2.26M | 2.26M | 2.19M | 1.83M | 1.3M | 830K |
| COGS % of Revenue | 75.09% | 76.16% | 43.52% | 52.01% | 91.54% | 143.75% | 43.08% | 52.54% | 87.23% | 45.03% | 109.22% | 32.72% | 76.7% | 65.97% | 59.29% | 81.94% | 84.09% | 93.91% | 79.07% | 356.22% |
| Gross Profit | 19.94M | 15.41M | 34.95M | 19.13M | 1.75M | -3.31M | 6.67M | 5.88M | 1.45M | 4.17M | -563K | 4.13M | 1.28M | 1.46M | 1.55M | 499K | 415K | 119K | 345K | -597K |
| Gross Margin % | 24.91% | 23.84% | 56.48% | 47.99% | 8.46% | -43.75% | 56.92% | 47.46% | 12.77% | 54.97% | -9.22% | 67.28% | 23.3% | 34.03% | 40.71% | 18.06% | 15.91% | 6.09% | 20.93% | -256.22% |
| Gross Profit Growth % | 1038.78% | 565.68% | 424.44% | 225.11% | 20.51% | -179.41% | 1283.84% | 42.56% | 13.07% | 185.87% | -136.32% | 727.25% | 209.64% | 1125.21% | 349.28% | 183.58% | 156.39% | 123.75% | - | - |
| Operating Expenses | 357.18M | 286.92M | 277.69M | 187.95M | 148.24M | 72.37M | 84.17M | 59.02M | 50.39M | 57.04M | 53.88M | 46.32M | 34.37M | 29.48M | 25.18M | 25.41M | 19.34M | 18.4M | 11.18M | 9.93M |
| OpEx % of Revenue | 446.2% | 443.68% | 448.68% | 471.44% | 716.36% | 956.5% | 718.77% | 475.97% | 442.79% | 752.36% | 882.49% | 754.92% | 623.28% | 688% | 661.28% | 919.65% | 741.68% | 942.29% | 678.52% | 4260.52% |
| Selling, General & Admin | 150.47M | 118.05M | 110.19M | 96.95M | 58.84M | 32.42M | 38.59M | 20.95M | 19.19M | 20.72M | 22.27M | 18.97M | 14.51M | 13.25M | 11.48M | 12.12M | 9.69M | 11.06M | 6.26M | 3.75M |
| SG&A % of Revenue | 187.97% | 182.55% | 178.04% | 243.18% | 284.32% | 428.44% | 329.52% | 168.97% | 168.61% | 273.29% | 364.64% | 309.22% | 263.01% | 309.17% | 301.52% | 438.58% | 371.55% | 566.56% | 380.16% | 1608.15% |
| Research & Development | 160.63M | 125.74M | 96.09M | 68M | 103.36M | 39.95M | 40.08M | 33.18M | 31.2M | 32.37M | 31.62M | 24.6M | 19.87M | 16.23M | 13.7M | 13.29M | 9.65M | 7.34M | 4.92M | 6.18M |
| R&D % of Revenue | 200.66% | 194.44% | 155.27% | 170.57% | 499.46% | 528.06% | 342.25% | 267.56% | 274.18% | 426.91% | 517.85% | 400.9% | 360.27% | 378.83% | 359.76% | 481.07% | 370.13% | 375.73% | 298.36% | 2652.36% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | -1000K | 0 | 1000K | 1000K | 0 | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -337.24M | -271.51M | -242.73M | -168.81M | -146.49M | -75.68M | -77.5M | -53.13M | -48.94M | -52.88M | -54.45M | -42.19M | -33.09M | -28.02M | -23.63M | -24.91M | -18.93M | -18.28M | -10.84M | -10.52M |
| Operating Margin % | -421.29% | -419.85% | -392.2% | -423.45% | -707.9% | -1000.25% | -661.85% | -428.51% | -430.02% | -697.39% | -891.71% | -687.65% | -599.98% | -653.98% | -620.57% | -901.59% | -725.77% | -936.2% | -657.59% | -4516.74% |
| Operating Income Growth % | -130.21% | -258.76% | -213.19% | -217.71% | -199.32% | -43.13% | -42.34% | -25.93% | -47.91% | -88.69% | -130.47% | -69.38% | -74.82% | -53.27% | -118% | -136.71% | -89.51% | -149.17% | - | - |
| EBITDA | -291.16M | -228.38M | -197.29M | -149.43M | -135.88M | -69.12M | -72M | -48.24M | -44.64M | -48.92M | -50.94M | -39.45M | -30.76M | -26.23M | -22.27M | -23.38M | -17.48M | -17.02M | -9.83M | -9.93M |
| EBITDA Margin % | -363.72% | -353.15% | -318.77% | -374.83% | -656.6% | -913.53% | -614.85% | -389.07% | -392.2% | -645.23% | -834.29% | -642.85% | -557.75% | -612.18% | -584.95% | -846.18% | -670.13% | -871.38% | -596.6% | -4260.94% |
| EBITDA Growth % | -114.28% | -230.42% | -174.01% | -209.73% | -204.41% | -41.28% | -41.34% | -22.31% | -45.11% | -86.49% | -128.76% | -68.71% | -76% | -54.14% | -126.5% | -135.5% | -84.24% | -146.89% | - | - |
| D&A (Non-Cash Add-back) | 46.09M | 43.13M | 45.45M | 19.38M | 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 |
| EBIT | 1.2B | 798.23M | 728.4M | -1.06B | -192.8M | -32.24M | -201.98M | -52.48M | -37.55M | -39.58M | -41.9M | -42.19M | -43.72M | -27.34M | -18.65M | -23.98M | -1.65M | -4.23M | -74.08M | -14.78M |
| Net Interest Income | 0 | 28.23M | 0 | 14.44M | 7.14M | 4.89M | 4.14M | 4.51M | 4.8M | 4.8M | 5.21M | 5.01M | 4.88M | 4.23M | 3.17M | 2.06M | 1.26M | 608K | 0 | 0 |
| Interest Income | 0 | 28.23M | 0 | 14.44M | 7.14M | 4.89M | 4.14M | 4.51M | 4.8M | 4.8M | 5.21M | 5.01M | 4.88M | 4.23M | 3.17M | 2.06M | 1.26M | 608K | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -1.54B | 1.07B | 971.13M | -891.24M | -46.31M | 43.44M | -124.47M | 655K | 11.39M | 13.29M | 12.55M | -2.58M | -10.63M | 685K | 4.98M | 928K | 17.27M | 14.06M | -63.25M | -4.26M |
| Pretax Income | -1.87B | 798.23M | 728.4M | -1.06B | -192.8M | -32.24M | -201.98M | -52.48M | -37.55M | -39.58M | -41.9M | -44.77M | -43.72M | -27.34M | -18.65M | -23.98M | -1.65M | -4.23M | -74.08M | -14.78M |
| Pretax Margin % | -2341.87% | 1234.35% | 1176.92% | -2659.03% | -931.67% | -426.12% | -1724.83% | -423.23% | -329.9% | -522.08% | -686.13% | -729.66% | -792.71% | -637.99% | -489.81% | -868.01% | -63.42% | -216.44% | -4495.39% | -6343.78% |
| Income Tax | -6.07M | -6.38M | 24.88M | -4.44M | -15.27M | 12K | 20K | 16K | 15K | 8K | 9K | 39K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0.32% | -0.8% | 3.42% | 0.42% | 7.92% | -0.04% | -0.01% | -0.03% | -0.04% | -0.02% | -0.02% | -0.09% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -1.87B | 805.36M | 703.52M | -1.05B | -176.84M | -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 |
| Net Margin % | -2333.22% | 1245.38% | 1136.72% | -2646.25% | -854.54% | -426.28% | -1725% | -423.35% | -330.03% | -522.18% | -686.28% | -730.3% | -792.71% | -637.99% | -489.81% | -868.01% | -63.42% | -216.44% | -4495.39% | -6343.78% |
| Net Income Growth % | -956.19% | 2597.09% | 448.28% | -1909.59% | -370.8% | 18.54% | -382.05% | -17.15% | 14.08% | -44.82% | -124.72% | -86.84% | -2543.17% | -546.75% | 74.83% | -62.26% | 83.44% | 42.37% | - | - |
| Net Income (Continuing) | -1.87B | 804.61M | 703.52M | -1.06B | -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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| EPS (Diluted) | -5.08 | 2.07 | 1.93 | -3.58 | -0.70 | -0.14 | -0.93 | -0.24 | -0.18 | -0.19 | -0.20 | -0.22 | -0.22 | -0.14 | -0.09 | -0.12 | -0.01 | -0.02 | -0.38 | -0.08 |
| EPS Growth % | -625.71% | 1578.57% | 307.53% | -1391.67% | -288.89% | 26.32% | -365% | -9.09% | 18.18% | -35.71% | -113.68% | -83.33% | - | -551.16% | 75.37% | -56.25% | 83.81% | 43.57% | - | - |
| EPS (Basic) | -5.08 | 2.24 | 2.13 | -3.58 | -0.70 | -0.14 | -0.93 | -0.24 | -0.18 | -0.19 | -0.20 | -0.22 | -0.22 | -0.14 | -0.09 | -0.12 | -0.01 | -0.02 | -0.39 | -0.08 |
| Diluted Shares Outstanding | 367.66M | 371.23M | 368.98M | 294.52M | 250.97M | 228.76M | 217.95M | 214.31M | 211.64M | 208.16M | 205.31M | 203.39M | 201.43M | 200.11M | 199.16M | 198.3M | 197.21M | 196.18M | 195.63M | 192.49M |
| Basic Shares Outstanding | 367.66M | 358.82M | 345.74M | 294.52M | 250.97M | 228.76M | 217.95M | 214.31M | 211.64M | 208.16M | 205.31M | 203.39M | 201.43M | 200.11M | 199.16M | 198.3M | 197.21M | 196.18M | 192.08M | 192.49M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |