IonQ, Inc. develops and manufactures quantum computers. The company is headquartered in College Park, Maryland and currently employs 1,132 full-time employees. The company went IPO on 2020-11-13. Its generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are cutting-edge systems, boasting 36 algorithmic qubits. The company sells specialized quantum computing and networking hardware together with related maintenance and support. The company also sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company makes access to its quantum computers available via three cloud platforms, Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via its own cloud service. Its product portfolio also includes quantum key distribution (QKD) systems, quantum random number generators (QRNGs), and single-photon detectors.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
130
130
43
22
11
2
Revenue Growth (YoY)
202%
202%
95%
100%
450%
--
Cost of Revenue
75
75
20
7
2
1
Gross Profit
54
54
22
14
8
1
Selling, General & Admin
300
300
99
69
44
16
Research & Development
305
305
136
92
43
20
Operating Expenses
688
688
255
171
93
39
Other Non Operating Income (Expenses)
66
66
-117
-19
30
-63
Pretax Income
-556
-556
-331
-157
-48
-106
Income Tax Expense
-44
-44
0
0
0
0
Net Income
-510
-510
-331
-157
-48
-106
Net Income Growth
54%
54%
111%
227%
-55%
563%
Shares Outstanding (Diluted)
346.4
280.34
213.02
202.57
197.73
137.61
Shares Change (YoY)
59%
32%
5%
2%
44%
270%
EPS (Diluted)
-1.47
-1.82
-1.55
-0.77
-0.25
-0.77
EPS Growth
-5%
17%
100%
212%
-68%
75%
Free Cash Flow
-299
-299
-129
-98
-57
-36
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
41.53%
41.53%
51.16%
63.63%
72.72%
50%
Operating Margin
-486.92%
-486.92%
-539.53%
-713.63%
-772.72%
-1,900%
Profit Margin
-392.3%
-392.3%
-769.76%
-713.63%
-436.36%
-5,300%
Free Cash Flow Margin
-229.99%
-229.99%
-300%
-445.45%
-518.18%
-1,800%
EBITDA
-551
-551
-214
-147
-80
-36
EBITDA Margin
-423.84%
-423.84%
-497.67%
-668.18%
-727.27%
-1,800%
D&A For EBITDA
82
82
18
10
5
2
EBIT
-633
-633
-232
-157
-85
-38
EBIT Margin
-486.92%
-486.92%
-539.53%
-713.63%
-772.72%
-1,900%
Effective Tax Rate
7.91%
7.91%
0%
0%
0%
0%
Follow-Up Questions
What are IONQ Inc's key financial statements?
According to the latest financial statement (Form-10K), IONQ Inc has a total asset of $0, Net loss of $-510
What are the key financial ratios for IONQ?
IONQ Inc's Current ratio is 0, has a Net margin is -392.3, sales per share of $0.46.
How is IONQ Inc's revenue broken down by segment or geography?
IONQ Inc largest revenue segment is Specialized Quantum Computing Hardware, at a revenue of 21,594,000 in the most earnings release.For geography, United States is the primary market for IONQ Inc, at a revenue of 40,714,000.
Is IONQ Inc profitable?
no, according to the latest financial statements, IONQ Inc has a net loss of $-510