IonQ, Inc.
IonQ, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 494 | 1,031 | 346 | 140 | 160 | 54 | 30 | 42 | 60 | 36 | 37 | 14 | |||||
Short Term Investments | 1,540 | 1,361 | 736 | 407 | 429 | 286 | 336 | 328 | 315 | 320 | 347 | 362 | |||||
Accounts Receivable Net Current | 98 | 67 | 37 | 19 | 9 | 10 | 4 | 8 | 10 | 11 | 3 | 2 | |||||
Prepaid Expense And Other Assets Current | 171 | 128 | 96 | 60 | 39 | 28 | 26 | 27 | 25 | 23 | 17 | 13 | |||||
Assets Current | 2,303 | 2,586 | 1,215 | 626 | 637 | 379 | 395 | 405 | 410 | 390 | 404 | 391 | |||||
Long Term Investments | 1,058 | 945 | 403 | 110 | 109 | 24 | 17 | 32 | 59 | 100 | 101 | 134 | |||||
Property Plant And Equipment Net | 132 | 120 | 120 | 59 | 52 | 53 | 49 | 48 | 42 | 38 | 35 | 29 | |||||
Operating Lease Right Of Use Asset | 23 | 23 | 21 | 11 | 9 | 9 | 10 | 10 | 9 | 5 | 6 | 6 | |||||
Intangible Assets Net Excluding Goodwill | 781 | 767 | 656 | 143 | 28 | 29 | 17 | 17 | 17 | 15 | 13 | 12 | |||||
Goodwill | 2,128 | 1,964 | 1,866 | 371 | 11 | 10 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Other Assets Noncurrent | 268 | 165 | 39 | 27 | 4 | 4 | 8 | 5 | 6 | 5 | 6 | 5 | |||||
Assets | 6,694 | 6,570 | 4,319 | 1,347 | 850 | 508 | 498 | 517 | 544 | 554 | 565 | 577 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 38 | 26 | 17 | 9 | 9 | 5 | 5 | 6 | 6 | 6 | 6 | 5 | |||||
Accrued Liabilities Current | 65 | 90 | 92 | 49 | 24 | 17 | 16 | 9 | 11 | 18 | 16 | 9 | |||||
Operating Lease Liability Current | 9 | 9 | 9 | 6 | 4 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | |||||
Deferred Revenue Current | 51 | 42 | 22 | 17 | 12 | 11 | 8 | 14 | 17 | 12 | 5 | 8 | |||||
Liabilities Current | 164 | 167 | 139 | 81 | 48 | 36 | 32 | 31 | 35 | 37 | 29 | 24 | |||||
Operating Lease Liability Noncurrent | 21 | 21 | 20 | 14 | 14 | 14 | 15 | 15 | 14 | 7 | 7 | 6 | |||||
Deferred Revenue Noncurrent | 13 | 2 | 3 | 3 | - | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |||||
Derivative Liabilities Noncurrent | 1,407 | 2,472 | 1,768 | 58 | 21 | 71 | 12 | 8 | 14 | 23 | 31 | 23 | |||||
Other Liabilities Noncurrent | 99 | 95 | 101 | 13 | 2 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities | 1,704 | 2,757 | 2,032 | 168 | 85 | 125 | 62 | 54 | 64 | 69 | 67 | 54 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 5,420 | 5,006 | 4,238 | 2,050 | 1,481 | 1,067 | 917 | 894 | 873 | 839 | 813 | 795 | |||||
Retained Earnings Accumulated Deficit | -389 | -1,194 | -1,948 | -893 | -716 | -684 | -482 | -429 | -392 | -352 | -310 | -265 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -55 | -13 | -17 | 4 | -0 | 0 | 0 | -1 | -2 | -2 | -5 | -6 | |||||
Stockholders Equity | 4,990 | 3,800 | 2,273 | 1,178 | 765 | 384 | 436 | 463 | 480 | 485 | 498 | 523 | |||||
Minority Interest | 14 | 14 | 14 | 17 | - | 0 | - | - | - | - | - | - | |||||
Liabilities And Stockholders Equity | 6,694 | 6,570 | 4,319 | 1,347 | 850 | 508 | 498 | 517 | 544 | 554 | 565 | 577 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||
Common Stock Shares Issued | 373 | - | 325 | 270 | 243 | 222 | 216 | 214 | 211 | 207 | 204 | 202 | |||||
Shares Outstanding | 373 | 363 | 325 | 270 | 243 | 222 | 216 | 214 | 211 | 207 | 204 | 202 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 51.15% | 3.42% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 38.44% | 38.13% | 48.15% | 3.66% | 63.18% | 46.25% | -11.03% | -16.98% | -14.73% | -7.12% | 37.21% | 54.66% |
| 2024 | -6.43% | -19.29% | -5.74% | 9.12% | 42.79% | 149.41% | 121.88% | 176.47% | 147.78% | -25.63% | -14.00% | 16.91% |
| 2023 | 31.34% | 92.74% | 155.41% | 23.40% | 4.86% | -28.54% | 21.19% | 10.33% | -1.96% | -16.61% | -37.03% | -22.02% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 14.05 | 15.50 | 8.73 | 7.76 | 13.17 | 10.50 | 12.23 | 13.15 | 11.81 | 10.49 | 14.12 | 16.56 | |||||
| Quick Ratio | 13.01 | 14.74 | 8.04 | 7.02 | 12.36 | 9.71 | 11.44 | 12.27 | 11.09 | 9.87 | 13.53 | 16.00 | |||||
| Working Capital | 2.14B | 2.42B | 1.08B | 545.25M | 588.61M | 342.72M | 363.08M | 374.07M | 375.22M | 352.83M | 375.24M | 367.70M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.34 | 0.73 | 0.89 | 0.14 | 0.11 | 0.32 | 0.14 | 0.12 | 0.13 | 0.14 | 0.13 | 0.10 | |||||
| Interest Coverage TTM | -10.46 | -11.32 | -15.77 | -17.74 | -13.92 | -12.74 | -10.84 | -10.02 | -9.18 | -8.16 | -7.34 | -7.65 | |||||
| Debt Ratio | 0.25 | 0.42 | 0.47 | 0.12 | 0.10 | 0.24 | 0.12 | 0.10 | 0.12 | 0.12 | 0.12 | 0.09 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.05 | 0.04 | 0.03 | 0.06 | 0.06 | 0.08 | 0.07 | 0.06 | 0.04 | 0.04 | 0.03 | 0.03 | |||||
| Days Sales Outstanding TTM | 105.01 | 107.69 | 93.84 | 94.11 | 80.65 | 91.75 | 34.92 | 60.36 | 82.06 | 122.20 | 54.62 | 46.93 | |||||
| Receivables Turnover TTM | 3.48 | 3.39 | 3.89 | 3.88 | 4.53 | 3.98 | 10.45 | 6.05 | 4.45 | 2.99 | 6.68 | 7.78 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.87 | -1.83 | -4.98 | -1.85 | -1.42 | -1.56 | -0.80 | -0.77 | -0.82 | -0.78 | -0.66 | -0.56 | |||||
| Free Cash Flow Per Share TTM | -1.18 | -1.07 | -0.88 | -0.62 | -0.59 | -0.58 | -0.53 | -0.56 | -0.49 | -0.46 | -0.37 | -0.31 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 34.57% | 40.40% | 51.23% | 53.79% | 50.07% | 52.18% | 50.05% | 54.47% | 58.62% | 63.22% | 70.39% | 72.08% | |||||
| Operating Profit Margin TTM | -443.33% | -487.41% | -604.47% | -700.61% | -592.84% | -539.68% | -558.86% | -635.98% | -720.66% | -715.70% | -642.91% | -669.80% | |||||
| Net Profit Margin TTM | 173.55% | -393.89% | -1,837.18% | -886.53% | -753.20% | -769.96% | -457.85% | -525.13% | -671.00% | -715.77% | -681.33% | -694.48% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 334.58% | 201.85% | 113.07% | 67.83% | 69.92% | 95.41% | 89.78% | 90.62% | 88.21% | 98.02% | 120.05% | 154.11% | |||||
| Net Income Growth (1Y) | -200.13% | 54.42% | 754.97% | 183.32% | 90.74% | 110.21% | 27.54% | 44.14% | 137.39% | 225.23% | 29.41% | 19.99% | |||||
| EPS Growth (1Y) | -163.84% | 17.34% | 522.11% | 138.92% | 73.56% | 99.89% | 21.04% | 37.19% | 128.22% | 217.44% | 26.17% | 17.48% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 31.86 | -24.56 | -12.35 | -23.23 | -15.57 | -26.83 | -10.92 | -9.08 | -12.23 | -15.91 | -22.50 | -23.97 | |||||
| P/B TTM | 2.07 | 3.31 | 7.97 | 9.15 | 6.60 | 23.18 | 4.30 | 3.21 | 4.33 | 5.18 | 6.07 | 5.21 | |||||
| P/S TTM | 55.29 | 96.75 | 226.88 | 205.92 | 117.26 | 206.59 | 49.99 | 47.68 | 82.07 | 113.87 | 153.29 | 166.49 | |||||
| Market Cap | 10.34B | 12.58B | 18.11B | 10.78B | 5.05B | 8.90B | 1.87B | 1.49B | 2.08B | 2.51B | 3.03B | 2.73B | |||||
| Enterprise Value | 9.84B | 12.20B | 17.76B | 10.64B | 4.89B | 8.84B | 1.84B | 1.44B | 2.02B | 2.47B | 2.99B | 2.71B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -423.66M | -299.60M | -259.33M | -155.10M | -135.40M | -123.68M | -114.44M | -117.88M | -101.12M | -92.51M | -74.59M | -62.40M | |||||
| Net Debt | -501.35M | -379.55M | -352.32M | -143.51M | -162.36M | -56.84M | -32.61M | -44.19M | -62.51M | -38.08M | -39.55M | -16.09M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
IonQ, Inc. (IONQ) — SEC Financial Statements & Analysis
IonQ, Inc. (IONQ) is a services-computer integrated systems design company, incorporated in DE. IonQ, Inc. trades on IONQ-WT: NYSE as: IONQ: NYSE. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), IonQ, Inc. reported a 334.58% year-over-year revenue growth, a Gross Profit Margin of 34.57% (TTM), a Debt-to-Equity ratio of 0.34x, a Price-to-Sales (P/S) ratio of 55.29x (TTM), a Price-to-Book (P/B) ratio of 2.07 (TTM), at a market cap of $10.34B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 334.58%
- Gross Profit Margin TTM
- 34.57%
- Debt To Equity
- 0.34x
- P/S TTM
- 55.29x
- P/B TTM
- 2.07
- Market Cap
- $10.34B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is IonQ, Inc. in?
IonQ, Inc. (IONQ) operates in the Services-Computer Integrated Systems Design industry.
What is IONQ's market cap?
IonQ, Inc. (IONQ) has a market capitalization of $10.34B as of 2026-03-31.
What is IONQ's P/E ratio?
IonQ, Inc. (IONQ)'s trailing twelve month P/E ratio is 31.86x as of 2026-03-31.
What exchange does IONQ trade on?
IonQ, Inc. (IONQ) trades on the IONQ-WT: NYSE.
Where is IonQ, Inc. incorporated?
IonQ, Inc. is incorporated in DE.