IonQ financials
$43.91−1.50%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $130.0M | $43.1M | $22.0M | $11.1M | $2.1M |
| Gross profit | $52.5M | $22.5M | $13.9M | $8.2M | $1.1M |
| Gross margin | 40.4% | 52.2% | 63.2% | 73.6% | 50.5% |
| Operating income | -$633.7M | -$232.5M | -$157.8M | -$85.7M | -$38.7M |
| Net income | -$510.4M | -$331.6M | -$157.8M | -$48.5M | -$106.2M |
| Net margin | −392.6% | −770.0% | −715.8% | −435.8% | −5058.9% |
| Diluted EPS | $-1.82 | $-1.56 | $-0.78 | $-0.25 | $-0.77 |
| EBITDA | -$469.7M | -$195.1M | -$137.0M | -$80.1M | -$36.1M |
| Operating cash flow | -$283.2M | -$105.7M | -$78.8M | -$44.7M | -$26.5M |
| Free cash flow | -$299.6M | -$123.7M | -$92.5M | -$54.0M | -$34.3M |
| Diluted shares | 280.3M | 213.0M | 202.6M | 197.7M | 137.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.03B | $54.4M | $35.7M | $44.4M | $399.0M |
| Short-term investments | $1.36B | $285.9M | $319.8M | $311.4M | $123.4M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $6.57B | $508.4M | $553.6M | $598.0M | $642.0M |
| Total liabilities | $2.76B | $124.5M | $68.6M | $29.8M | $50.8M |
| Shareholders' equity | $3.81B | $383.9M | $485.0M | $568.2M | $591.2M |
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