IonQ financials
$43.91−1.50%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.0M | $64.7M | $61.9M | $39.9M | $20.7M | $7.6M | $11.7M | $12.4M | $11.4M | $7.6M | $6.1M | $6.1M |
| Gross profit | $19.9M | $15.4M | $18.3M | $18.6M | $12.4M | $3.3M | $6.7M | $5.9M | $5.8M | $4.2M | $2.9M | $4.1M |
| Gross margin | 24.9% | 23.8% | 29.6% | 46.7% | 59.8% | 43.0% | 56.9% | 47.5% | 50.6% | 55.0% | 48.2% | 67.3% |
| Operating income | -$337.2M | -$271.5M | -$228.6M | -$168.8M | -$160.6M | -$75.7M | -$77.5M | -$53.1M | -$48.9M | -$52.9M | -$54.4M | -$42.2M |
| Net income | -$1.87B | $786.6M | $753.7M | -$1.05B | -$176.8M | -$32.3M | -$202.0M | -$52.5M | -$37.6M | -$39.6M | -$41.9M | -$44.8M |
| Net margin | −2333.2% | 1216.4% | 1217.8% | −2646.3% | −854.5% | −426.3% | −1725.0% | −423.4% | −330.0% | −522.2% | −686.3% | −730.3% |
| Diluted EPS | $-5.08 | $2.07 | $2.17 | $-3.58 | $-0.70 | $-0.14 | $-0.93 | $-0.24 | $-0.18 | $-0.19 | $-0.20 | $-0.22 |
| EBITDA | -$291.2M | -$228.4M | -$106.0M | -$144.6M | -$150.0M | -$69.1M | -$53.3M | -$48.2M | -$44.6M | -$48.9M | -$54.4M | -$39.4M |
| Operating cash flow | -$103.8M | -$151.0M | -$74.5M | -$123.1M | -$52.6M | -$33.0M | -$39.4M | -$19.2M | -$26.6M | -$20.5M | -$26.6M | -$22.3M |
| Free cash flow | -$114.0M | -$159.4M | -$83.3M | -$127.2M | -$53.8M | -$35.3M | -$43.0M | -$23.0M | -$34.1M | -$23.6M | -$33.8M | -$26.4M |
| Diluted shares | 367.7M | 371.2M | 347.1M | 294.5M | 251.0M | 228.8M | 218.0M | 214.3M | 211.6M | 208.2M | 205.4M | 203.4M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.24B | $493.5M | $1.03B | $346.0M | $140.1M | $159.7M |
| Short-term investments | $883.2M | $1.54B | $1.36B | $736.3M | $406.8M | $428.6M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $6.78B | $6.69B | $6.57B | $4.32B | $1.35B | $850.1M |
| Total liabilities | $3.44B | $1.70B | $2.76B | $2.03B | $168.2M | $85.0M |
| Shareholders' equity | $3.34B | $4.99B | $3.81B | $2.29B | $1.18B | $765.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology