IonQ (IONQ) Financials

$48.07 +2.38 (+5.21%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$46.00 -2.07 (-4.31%)

As of 04:32 AM Eastern

Annual Income Statements for IonQ

This table shows IonQ's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net Income / (Loss) Attributable to Common Shareholders	-332	-158	-49	-106	-15
Consolidated Net Income / (Loss)	-332	-158	-49	-106	-15
Net Income / (Loss) Continuing Operations	-332	-158	-49	-106	-15
Total Pre-Tax Income	-332	-158	-49	-106	-15
Total Operating Income	-232	-158	-86	-39	-16
Total Gross Profit	43	22	11	2.10	0.00
Total Revenue	43	22	11	2.10	0.00
Operating Revenue	43	22	11	2.10	0.00
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	276	180	97	41	16
Selling, General & Admin Expense	71	51	36	14	3.55
Marketing Expense	28	18	8.39	3.23	0.49
Research & Development Expense	137	92	44	20	10
Depreciation Expense	19	10	5.60	2.55	1.40
Other Operating Expenses / (Income)	21	8.11	2.94	1.04	0.14
Total Other Income / (Expense), net	-99	0.03	37	-67	0.31
Interest & Investment Income	18	19	7.09	-	-
Other Income / (Expense), net	-117	-19	30	-68	0.31
Income Tax Expense	0.06	0.05	0.00	0.00	0.00
Basic Earnings per Share	($1.56)	($0.78)	($0.25)	($0.77)	($0.13)
Weighted Average Basic Shares Outstanding	213.03M	202.58M	197.73M	137.61M	115.05M
Diluted Earnings per Share	($1.56)	($0.78)	($0.25)	($0.77)	($0.13)
Weighted Average Diluted Shares Outstanding	213.03M	202.58M	197.73M	137.61M	115.05M
Weighted Average Basic & Diluted Shares Outstanding	222.84M	208.23M	201.55M	137.61M	115.05M

This table shows IonQ's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-32	-202	-52	-38	-40	-42	-45	-44	-27	-19	-24
Consolidated Net Income / (Loss)	-32	-202	-52	-38	-40	-42	-45	-44	-27	-19	-24
Net Income / (Loss) Continuing Operations	-32	-202	-52	-38	-40	-42	-45	-44	-27	-19	-24
Total Pre-Tax Income	-32	-202	-52	-38	-40	-42	-45	-44	-27	-19	-24
Total Operating Income	-76	-78	-53	-49	-53	-54	-42	-33	-28	-24	-25
Total Gross Profit	7.57	12	12	11	7.58	6.11	6.14	5.52	4.29	3.81	2.76
Total Revenue	7.57	12	12	11	7.58	6.11	6.14	5.52	4.29	3.81	2.76
Operating Revenue	7.57	12	12	11	7.58	6.11	6.14	5.52	4.29	3.81	2.76
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	83	89	66	60	60	61	48	39	32	27	28
Selling, General & Admin Expense	24	30	14	13	14	15	14	11	11	9.07	10
Marketing Expense	8.61	8.93	6.63	6.14	6.70	6.98	5.05	3.58	2.67	2.41	1.97
Research & Development Expense	40	40	33	31	32	32	25	20	16	14	13
Depreciation Expense	6.56	5.50	4.89	4.31	3.96	3.51	2.75	2.33	1.79	1.36	1.53
Other Operating Expenses / (Income)	4.32	5.05	6.52	5.62	3.41	3.16	2.01	1.90	1.04	0.90	0.73
Total Other Income / (Expense), net	43	-124	0.66	11	13	13	-2.58	-11	0.69	4.98	0.93
Interest & Investment Income	4.89	4.14	4.51	4.80	4.80	5.21	5.01	4.88	4.23	3.17	2.06
Other Income / (Expense), net	39	-129	-3.85	6.59	8.49	7.35	-7.59	-16	-3.55	1.81	-1.13
Income Tax Expense	0.01	0.02	0.02	0.02	0.01	0.01	0.04	0.00	0.00	-	0.00
Basic Earnings per Share	($0.14)	($0.95)	($0.24)	($0.18)	($0.19)	($0.20)	($0.22)	($0.22)	($0.14)	($0.10)	($0.12)
Weighted Average Basic Shares Outstanding	228.76M	213.03M	214.31M	211.64M	208.16M	202.58M	203.39M	201.43M	200.11M	197.73M	198.30M
Diluted Earnings per Share	($0.14)	($0.95)	($0.24)	($0.18)	($0.19)	($0.20)	($0.22)	($0.22)	($0.14)	($0.10)	($0.12)
Weighted Average Diluted Shares Outstanding	228.76M	213.03M	214.31M	211.64M	208.16M	202.58M	203.39M	201.43M	200.11M	197.73M	198.30M
Weighted Average Basic & Diluted Shares Outstanding	247.78M	222.84M	216.39M	214.08M	211.45M	208.23M	204.70M	202.60M	201.03M	201.55M	199.96M

This table details how cash moves in and out of IonQ's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net Change in Cash & Equivalents	19	-8.29	-353	363	-23
Net Cash From Operating Activities	-106	-79	-45	-27	-12
Net Cash From Continuing Operating Activities	-106	-79	-45	-27	-12
Net Income / (Loss) Continuing Operations	-332	-158	-49	-106	-15
Consolidated Net Income / (Loss)	-332	-158	-49	-106	-15
Depreciation Expense	19	10	5.60	2.55	1.40
Amortization Expense	-8.80	-9.75	-1.58	0.53	0.04
Non-Cash Adjustments To Reconcile Net Income	229	91	2.28	77	1.30
Changes in Operating Assets and Liabilities, net	-13	-13	-2.50	-0.20	0.68
Net Cash From Investing Activities	83	69	-309	-214	-12
Net Cash From Continuing Investing Activities	83	69	-309	-214	-12
Purchase of Property, Plant & Equipment	-22	-18	-12	-9.40	-11
Acquisitions	-17	-1.29	-1.90	-0.62	-0.51
Purchase of Investments	-296	-298	-606	-204	0.00
Sale and/or Maturity of Investments	418	387	310	0.00	-
Net Cash From Financing Activities	42	1.76	1.10	603	0.28
Net Cash From Continuing Financing Activities	42	1.76	1.10	603	0.28
Repayment of Debt	0.24	-0.23	0.02	-	-
Repurchase of Preferred Equity	0.00	0.00	0.00	-0.97	0.00
Other Financing Activities, net	41	1.99	1.08	604	0.28
Effect of Exchange Rate Changes	0.03	-0.00	0.00	-	-

This table details how cash moves in and out of IonQ's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	106	24	-12	-18	24	-1.47	23	-38	7.53	-11	13
Net Cash From Operating Activities	-33	-39	-19	-27	-20	-27	-22	-16	-14	-15	-13
Net Cash From Continuing Operating Activities	-33	-39	-19	-27	-20	-27	-22	-16	-14	-15	-13
Net Income / (Loss) Continuing Operations	-32	-202	-52	-38	-40	-42	-45	-44	-27	-19	-24
Consolidated Net Income / (Loss)	-32	-202	-52	-38	-40	-42	-45	-44	-27	-19	-24
Depreciation Expense	6.56	5.50	4.89	4.31	3.96	3.51	2.75	2.33	1.79	1.36	1.53
Amortization Expense	-1.41	-1.72	-2.30	-2.49	-2.30	-2.46	-2.69	-2.68	-1.92	-1.19	-0.49
Non-Cash Adjustments To Reconcile Net Income	-4.42	169	31	16	14	24	25	27	14	7.34	13
Changes in Operating Assets and Liabilities, net	-1.51	-10	0.12	-6.40	3.10	-9.95	-2.57	0.62	-0.71	-3.77	-3.27
Net Cash From Investing Activities	-230	24	6.54	8.30	44	24	46	-22	21	5.15	25
Net Cash From Continuing Investing Activities	-230	24	6.54	8.30	44	24	46	-22	21	5.15	25
Purchase of Property, Plant & Equipment	-3.34	-4.43	-4.71	-8.22	-4.54	-8.58	-5.32	-2.33	-2.03	-1.64	-1.87
Acquisitions	-0.22	-16	-0.31	-0.54	-0.36	-0.23	-0.43	-0.31	-0.32	-1.30	-0.23
Purchase of Investments	-321	-55	-95	-79	-67	-68	-45	-121	-64	-117	-85
Sale and/or Maturity of Investments	94	100	107	97	115	101	96	101	88	125	112
Net Cash From Financing Activities	369	39	1.09	-0.03	1.36	0.98	0.24	0.51	0.03	-1.07	1.11
Net Cash From Continuing Financing Activities	369	39	1.09	-0.03	1.36	0.98	0.24	0.49	0.05	-1.07	1.11
Repayment of Debt	0.00	0.09	0.00	-	-	-0.24	0.01	-	-	-1.19	0.72
Issuance of Common Equity	362	-	-	-	-	-	-	-	-	-	-
Other Financing Activities, net	6.43	39	1.09	-0.17	1.36	1.22	0.23	0.49	0.05	0.12	0.39
Other Net Changes in Cash	-0.01	-	-	-	-	-	-	-	-	-	-

This table presents IonQ's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	508	554	598	642	60
Total Current Assets	379	390	372	530	39
Cash & Equivalents	54	36	44	399	36
Short-Term Investments	286	320	311	123	-
Accounts Receivable	10	11	3.29	0.71	0.39
Prepaid Expenses	28	23	13	6.44	2.07
Plant, Property, & Equipment, net	53	38	26	19	12
Total Noncurrent Assets	77	126	200	94	9.91
Long-Term Investments	24	100	182	80	-
Goodwill	9.90	0.74	0.74	0.00	-
Intangible Assets	29	15	8.94	5.84	2.69
Other Noncurrent Operating Assets	14	9.77	8.66	7.59	7.22
Total Liabilities & Shareholders' Equity	508	554	598	642	60
Total Liabilities	125	69	30	51	6.78
Total Current Liabilities	36	37	20	9.69	1.88
Accounts Payable	5.23	5.60	3.06	1.88	0.54
Accrued Expenses	16	18	6.66	2.65	0.61
Current Deferred Revenue	11	12	8.73	3.43	0.24
Other Current Liabilities	3.75	1.10	1.72	1.73	0.50
Total Noncurrent Liabilities	88	31	9.62	41	4.89
Noncurrent Deferred Revenue	0.00	0.45	1.20	1.53	1.12
Other Noncurrent Operating Liabilities	88	31	8.42	40	3.78
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	384	485	568	591	54
Total Preferred & Common Equity	384	485	568	591	54
Total Common Equity	384	485	568	591	54
Common Stock	1,067	839	770	737	93
Retained Earnings	-684	-352	-194	-146	-40
Accumulated Other Comprehensive Income / (Loss)	0.16	-1.97	-7.36	-0.15	-

This table presents IonQ's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	850	498	517	544	565	577	588	607
Total Current Assets	637	395	405	410	404	391	402	417
Cash & Equivalents	160	30	42	60	37	14	52	57
Short-Term Investments	429	336	328	315	347	362	336	348
Accounts Receivable	9.47	4.14	7.89	9.56	3.03	2.43	1.84	2.88
Prepaid Expenses	39	26	27	25	17	13	13	8.13
Plant, Property, & Equipment, net	52	49	48	42	35	29	26	25
Total Noncurrent Assets	161	53	65	92	126	156	159	165
Long-Term Investments	109	17	32	59	101	134	138	150
Goodwill	11	0.73	0.72	0.73	0.74	0.74	0.74	-
Intangible Assets	28	17	17	17	13	12	10	7.60
Other Noncurrent Operating Assets	14	18	15	15	11	11	11	7.14
Total Liabilities & Shareholders' Equity	850	498	517	544	565	577	588	607
Total Liabilities	85	62	54	64	67	54	36	31
Total Current Liabilities	48	32	31	35	29	24	21	20
Accounts Payable	8.75	4.85	6.32	5.85	6.41	4.56	3.60	5.04
Accrued Expenses	24	16	8.93	11	16	9.25	9.41	8.18
Current Deferred Revenue	12	8.33	14	17	5.22	8.43	6.29	4.70
Other Current Liabilities	3.97	3.48	1.87	1.57	1.27	1.39	1.56	1.71
Total Noncurrent Liabilities	37	30	23	29	38	30	15	11
Noncurrent Deferred Revenue	0.00	0.06	0.12	0.18	0.46	0.71	0.95	0.74
Other Noncurrent Operating Liabilities	37	30	23	29	38	29	14	11
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	765	436	463	480	498	523	552	576
Total Preferred & Common Equity	765	436	463	480	498	523	552	576
Total Common Equity	765	436	463	480	498	523	552	576
Common Stock	1,481	917	894	873	813	795	779	760
Retained Earnings	-716	-482	-429	-392	-310	-265	-222	-176
Accumulated Other Comprehensive Income / (Loss)	-0.01	0.34	-1.32	-1.72	-4.79	-6.09	-5.43	-9.12

This table displays calculated financial ratios and metrics derived from IonQ's official financial filings.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Growth Metrics	-	-	-	-	-
Revenue Growth	95.41%	98.02%	430.30%	0.00%	0.00%
EBITDA Growth	-92.72%	-242.04%	50.01%	-637.69%	0.00%
EBIT Growth	-97.60%	-218.40%	47.67%	-588.86%	0.00%
NOPAT Growth	-47.35%	-83.98%	-121.64%	-145.90%	0.00%
Net Income Growth	-110.21%	-225.23%	54.32%	-588.45%	0.00%
EPS Growth	-100.00%	-212.00%	67.53%	-492.31%	0.00%
Operating Cash Flow Growth	-34.10%	-76.32%	-68.44%	-121.01%	0.00%
Free Cash Flow Firm Growth	-40.89%	-7.17%	-5,601.50%	0.00%	0.00%
Invested Capital Growth	-31.09%	-4.44%	368.00%	-164.54%	0.00%
Revenue Q/Q Growth	14.96%	11.64%	24.06%	0.00%	0.00%
EBITDA Q/Q Growth	-85.07%	-16.05%	49.81%	0.00%	0.00%
EBIT Q/Q Growth	-83.33%	-16.66%	48.49%	0.00%	0.00%
NOPAT Q/Q Growth	-11.01%	-24.29%	-17.52%	0.00%	0.00%
Net Income Q/Q Growth	-93.32%	-17.29%	53.33%	0.00%	0.00%
EPS Q/Q Growth	-92.59%	-14.71%	62.12%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-13.78%	-17.46%	-29.67%	-3.92%	0.00%
Free Cash Flow Firm Q/Q Growth	17.39%	-32.38%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-62.10%	117.04%	53.27%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	0.00%
EBITDA Margin	-789.33%	-800.36%	-463.36%	-4,915.39%	0.00%
Operating Margin	-539.68%	-715.70%	-770.34%	-1,843.12%	0.00%
EBIT Margin	-812.20%	-803.22%	-499.54%	-5,061.93%	0.00%
Profit (Net Income) Margin	-769.96%	-715.77%	-435.82%	-5,058.89%	0.00%
Tax Burden Percent	100.02%	100.03%	100.00%	100.00%	100.00%
Interest Burden Percent	94.78%	89.09%	87.24%	99.94%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-662.91%	-371.33%	-629.66%	-868.67%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-621.70%	-361.80%	-631.68%	-843.90%	0.00%
Return on Net Nonoperating Assets (RNNOA)	586.57%	341.37%	621.29%	835.74%	0.00%
Return on Equity (ROE)	-76.34%	-29.96%	-8.37%	-32.93%	-28.72%
Cash Return on Invested Capital (CROIC)	-626.10%	-366.79%	-334.67%	0.00%	0.00%
Operating Return on Assets (OROA)	-65.88%	-30.75%	-8.97%	-30.25%	0.00%
Return on Assets (ROA)	-62.46%	-27.40%	-7.82%	-30.23%	0.00%
Return on Common Equity (ROCE)	-76.34%	-29.96%	-8.37%	-32.93%	-28.72%
Return on Equity Simple (ROE_SIMPLE)	-86.40%	-32.53%	-8.54%	-17.96%	-28.72%
Net Operating Profit after Tax (NOPAT)	-163	-110	-60	-27	-11
NOPAT Margin	-377.77%	-500.99%	-539.23%	-1,290.18%	0.00%
Net Nonoperating Expense Percent (NNEP)	-41.21%	-9.53%	2.02%	-24.77%	-12.21%
Return On Investment Capital (ROIC_SIMPLE)	-42.39%	-22.77%	-10.56%	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	164.96%	230.12%	323.12%	654.45%	0.00%
R&D to Revenue	317.66%	418.84%	395.09%	963.70%	0.00%
Operating Expenses to Revenue	639.68%	815.70%	870.34%	1,943.12%	0.00%
Earnings before Interest and Taxes (EBIT)	-350	-177	-56	-106	-15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-340	-176	-52	-103	-14
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	23.55	5.23	1.21	5.44	0.00
Price to Tangible Book Value (P/TBV)	26.24	5.41	1.24	5.49	0.00
Price to Revenue (P/Rev)	209.85	115.07	61.98	1,531.46	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	433.14	71.58	5.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	201.40	94.38	13.66	1,244.38	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	1,411.79	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.94	-0.94	-0.98	-0.99	-0.67
Leverage Ratio	1.22	1.09	1.07	1.09	1.13
Compound Leverage Factor	1.16	0.97	0.93	1.09	1.13
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	99.99%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	40.29	21.05	13.86	38.08	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.01%
Liquidity Ratios	-	-	-	-	-
Current Ratio	10.50	10.49	18.43	54.65	20.51
Quick Ratio	9.71	9.87	17.81	53.99	19.41
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-154	-109	-102	1.85	0.00
Operating Cash Flow to CapEx	-482.64%	-431.58%	-388.17%	-282.19%	-107.56%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.08	0.04	0.02	0.01	0.00
Accounts Receivable Turnover	3.98	2.99	5.57	3.83	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.95	0.69	0.50	0.14	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	91.75	122.20	65.57	95.38	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	91.75	122.20	65.57	95.38	0.00
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	20	29	30	-11	18
Invested Capital Turnover	1.75	0.74	1.17	0.67	0.00
Increase / (Decrease) in Invested Capital	-9.04	-1.35	42	-29	0.00
Enterprise Value (EV)	8,675	2,080	152	2,612	0.00
Market Capitalization	9,039	2,536	690	3,215	0.00
Book Value per Share	$1.77	$2.37	$2.84	$3.07	$1.42
Tangible Book Value per Share	$1.59	$2.29	$2.79	$3.04	$1.35
Total Capital	384	485	568	591	54
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00
Net Debt	-364	-456	-538	-603	-36
Capital Expenditures (CapEx)	22	18	12	9.40	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2.43	-2.62	-4.33	-2.54	0.58
Debt-free Net Working Capital (DFNWC)	343	353	351	520	37
Net Working Capital (NWC)	343	353	351	520	37
Net Nonoperating Expense (NNE)	169	47	-12	79	4.41
Net Nonoperating Obligations (NNO)	-364	-456	-538	-603	-36
Total Depreciation and Amortization (D&A)	9.85	0.63	4.03	3.08	1.44
Debt-free, Cash-free Net Working Capital to Revenue	5.64%	-11.87%	-38.89%	-121.11%	0.00%
Debt-free Net Working Capital to Revenue	795.67%	1,600.69%	3,157.56%	24,770.18%	0.00%
Net Working Capital to Revenue	795.67%	1,600.69%	3,157.56%	24,770.18%	0.00%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.56)	($0.78)	($0.25)	($0.77)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	213.03M	202.58M	197.73M	197.67M	0.00
Adjusted Diluted Earnings per Share	($1.56)	($0.78)	($0.25)	($0.77)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	213.03M	202.58M	197.73M	197.67M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	($0.77)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	222.84M	208.23M	201.55M	137.61M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-163	-110	-60	-27	-11
Normalized NOPAT Margin	-377.77%	-500.99%	-539.23%	-1,290.18%	0.00%
Pre Tax Income Margin	-769.83%	-715.56%	-435.82%	-5,058.89%	0.00%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from IonQ's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.21%	91.78%	102.09%	106.36%	76.94%	60.39%	122.08%	111.46%	119.41%	131.01%	1,085.84%
EBITDA Growth	25.15%	-339.33%	-9.40%	17.20%	-34.82%	-112.71%	-98.88%	-3,247.74%	-788.01%	70.27%	-77.43%
EBIT Growth	16.33%	-337.60%	-14.48%	12.86%	-40.59%	-115.93%	-91.15%	-1,568.21%	-552.93%	70.58%	-76.19%
NOPAT Growth	-43.13%	-42.34%	-25.93%	-47.91%	-88.69%	-130.49%	-69.38%	-74.82%	-53.27%	-117.98%	-136.71%
Net Income Growth	18.54%	-382.05%	-17.15%	14.08%	-44.82%	-124.72%	-86.84%	-2,543.17%	-546.75%	74.83%	-62.26%
EPS Growth	26.32%	-375.00%	-9.09%	18.18%	-35.71%	-100.00%	-83.33%	-2,100.00%	-600.00%	80.39%	0.00%
Operating Cash Flow Growth	-61.37%	-48.06%	13.77%	-65.23%	-48.14%	-78.57%	-73.30%	-86.94%	-65.97%	-218.25%	-6.87%
Free Cash Flow Firm Growth	-35.83%	-22.99%	-232.03%	-413.67%	-29.57%	36.94%	65.50%	-107.52%	-118.12%	0.00%	-400.70%
Invested Capital Growth	49.80%	-31.09%	294.61%	336.56%	69.62%	-4.44%	-32.52%	-34.18%	682.55%	368.00%	166.98%
Revenue Q/Q Growth	-35.39%	-5.56%	8.95%	50.11%	24.17%	-0.49%	11.26%	28.70%	12.56%	37.79%	5.94%
EBITDA Q/Q Growth	84.19%	-271.96%	-34.22%	5.16%	7.22%	7.38%	-1.59%	-54.43%	-46.37%	13.40%	-1,610.12%
EBIT Q/Q Growth	81.98%	-261.69%	-34.57%	4.59%	5.77%	5.38%	-2.44%	-53.93%	-44.72%	16.24%	-793.99%
NOPAT Q/Q Growth	2.35%	-45.86%	-8.57%	7.44%	2.89%	-29.04%	-27.52%	-18.08%	-18.63%	5.17%	-31.61%
Net Income Q/Q Growth	84.03%	-284.79%	-39.76%	5.13%	5.52%	6.49%	-2.50%	-59.92%	-46.61%	22.25%	-1,350.00%
EPS Q/Q Growth	85.26%	-295.83%	-33.33%	5.26%	5.00%	9.09%	0.00%	-57.14%	-40.00%	16.67%	-1,100.00%
Operating Cash Flow Q/Q Growth	16.24%	-105.24%	27.72%	-29.88%	23.15%	-19.52%	-38.51%	-16.44%	7.36%	-16.00%	-49.40%
Free Cash Flow Firm Q/Q Growth	-67.08%	41.01%	5.98%	-46.57%	-51.28%	-59.27%	-45.45%	63.03%	26.37%	12.87%	-131.69%
Invested Capital Q/Q Growth	239.03%	-62.10%	-13.81%	35.25%	55.96%	117.04%	-4.64%	-47.45%	-12.13%	53.27%	-6.99%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	-422.71%	-1,727.87%	-438.69%	-356.09%	-563.57%	-754.26%	-810.37%	-887.47%	-739.63%	-568.74%	-904.89%
Operating Margin	-1,000.25%	-661.85%	-428.51%	-430.02%	-697.39%	-891.71%	-687.65%	-599.98%	-653.98%	-620.51%	-901.59%
EBIT Margin	-490.80%	-1,760.20%	-459.58%	-372.09%	-585.37%	-771.41%	-811.26%	-881.14%	-736.73%	-573.00%	-942.53%
Profit (Net Income) Margin	-426.28%	-1,725.00%	-423.35%	-330.03%	-522.18%	-686.28%	-730.30%	-792.71%	-637.99%	-489.81%	-868.01%
Tax Burden Percent	100.04%	100.01%	100.03%	100.04%	100.02%	100.02%	100.09%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	86.82%	97.99%	92.09%	88.66%	89.19%	88.95%	89.94%	89.96%	86.60%	85.48%	92.09%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-532.50%	-812.99%	-339.38%	-249.33%	-343.35%	-462.65%	-571.91%	-388.67%	-408.98%	-507.20%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-536.16%	-776.94%	-335.85%	-248.60%	-342.82%	-461.89%	-568.97%	-384.87%	-407.59%	-506.83%	0.00%
Return on Net Nonoperating Assets (RNNOA)	487.39%	733.04%	312.04%	229.61%	318.88%	435.81%	551.37%	372.66%	396.84%	498.49%	0.00%
Return on Equity (ROE)	-45.11%	-79.94%	-27.34%	-19.71%	-24.47%	-26.85%	-20.54%	-16.01%	-12.15%	-8.70%	-18.34%
Cash Return on Invested Capital (CROIC)	-355.48%	-626.10%	-561.75%	-494.19%	-406.45%	-366.79%	-495.87%	-392.67%	-598.22%	-334.67%	0.00%
Operating Return on Assets (OROA)	-30.32%	-142.79%	-32.39%	-21.22%	-26.21%	-29.53%	-27.33%	-24.16%	-16.32%	-10.29%	-13.71%
Return on Assets (ROA)	-26.33%	-139.93%	-29.84%	-18.82%	-23.38%	-26.27%	-24.61%	-21.74%	-14.13%	-8.79%	-12.63%
Return on Common Equity (ROCE)	-45.11%	-79.94%	-27.34%	-19.71%	-24.47%	-26.85%	-20.54%	-16.01%	-12.15%	-8.70%	-18.34%
Return on Equity Simple (ROE_SIMPLE)	-42.39%	0.00%	-39.38%	-35.37%	-35.44%	0.00%	-26.98%	-21.73%	-12.97%	0.00%	-18.06%
Net Operating Profit after Tax (NOPAT)	-53	-54	-37	-34	-37	-38	-30	-23	-20	-17	-17
NOPAT Margin	-700.18%	-463.30%	-299.96%	-301.02%	-488.17%	-624.20%	-481.35%	-419.99%	-457.79%	-434.36%	-631.11%
Net Nonoperating Expense Percent (NNEP)	3.66%	-36.05%	-3.53%	-0.72%	-0.54%	-0.76%	-2.94%	-3.80%	-1.39%	-0.37%	-1.15%
Return On Investment Capital (ROIC_SIMPLE)	-6.92%	-14.13%	-	-	-	-7.86%	-	-	-	-2.91%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	314.64%	253.29%	115.50%	114.69%	184.91%	250.31%	226.97%	198.19%	246.93%	238.11%	367.32%
R&D to Revenue	528.06%	342.25%	267.56%	274.18%	426.91%	517.85%	400.90%	360.27%	378.83%	359.73%	481.07%
Operating Expenses to Revenue	1,100.25%	761.85%	528.51%	530.02%	797.39%	991.71%	787.65%	699.98%	753.98%	720.51%	1,001.59%
Earnings before Interest and Taxes (EBIT)	-37	-206	-57	-42	-44	-47	-50	-49	-32	-22	-26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-32	-202	-54	-41	-43	-46	-50	-49	-32	-22	-25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.43	23.55	4.29	3.21	4.34	5.23	6.05	5.20	2.24	1.21	1.75
Price to Tangible Book Value (P/TBV)	6.77	26.24	4.48	3.34	4.50	5.41	6.22	5.32	2.29	1.24	1.78
Price to Revenue (P/Rev)	114.22	209.85	49.94	47.64	82.10	115.07	152.69	166.15	92.07	61.98	112.57
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	62.16	433.14	28.16	17.69	36.31	71.58	188.90	157.42	26.72	5.00	22.89
Enterprise Value to Revenue (EV/Rev)	98.03	201.40	39.72	34.76	64.95	94.38	128.12	135.05	53.04	13.66	50.62
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.91	-0.94	-0.93	-0.92	-0.93	-0.94	-0.97	-0.97	-0.97	-0.98	-1.01
Leverage Ratio	1.12	1.22	1.14	1.11	1.10	1.09	1.09	1.07	1.06	1.07	1.09
Compound Leverage Factor	0.97	1.20	1.05	0.98	0.98	0.97	0.98	0.96	0.92	0.91	1.00
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	34.26	41.22	17.26	15.96	19.07	21.82	26.82	30.31	20.94	14.05	19.82
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	13.17	10.50	12.23	13.15	11.81	10.49	14.12	16.56	19.29	18.43	21.22
Quick Ratio	12.36	9.71	11.44	12.27	11.09	9.87	13.53	16.00	18.68	17.81	20.81
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-76	-45	-77	-82	-56	-37	-23	-16	-43	-58	-67
Operating Cash Flow to CapEx	-988.18%	-889.22%	-408.31%	-323.42%	-450.77%	-310.26%	-419.03%	-689.50%	-681.21%	-907.67%	-688.22%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.06	0.08	0.07	0.06	0.04	0.04	0.03	0.03	0.02	0.02	0.01
Accounts Receivable Turnover	4.53	3.98	10.45	6.05	4.45	2.99	6.68	7.78	11.19	5.57	2.58
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.92	0.95	0.88	0.81	0.74	0.69	0.65	0.61	0.57	0.50	0.43
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	80.65	91.75	34.92	60.36	82.06	122.20	54.62	46.93	32.61	65.57	141.53
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	80.65	91.75	34.92	60.36	82.06	122.20	54.62	46.93	32.61	65.57	141.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	68	20	53	61	45	29	13	14	27	30	20
Invested Capital Turnover	0.76	1.75	1.13	0.83	0.70	0.74	1.19	0.93	0.89	1.17	-1.83
Increase / (Decrease) in Invested Capital	23	-9.04	39	47	19	-1.35	-6.45	-7.29	23	42	49
Enterprise Value (EV)	4,221	8,675	1,488	1,085	1,646	2,080	2,530	2,211	714	152	454
Market Capitalization	4,918	9,039	1,871	1,487	2,080	2,536	3,015	2,720	1,240	690	1,010
Book Value per Share	$3.43	$1.77	$2.04	$2.19	$2.30	$2.37	$2.46	$2.60	$2.74	$2.84	$2.89
Tangible Book Value per Share	$3.26	$1.59	$1.95	$2.11	$2.22	$2.29	$2.39	$2.54	$2.69	$2.79	$2.85
Total Capital	765	384	436	463	480	485	498	523	552	568	576
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-697	-364	-383	-402	-434	-456	-485	-509	-526	-538	-556
Capital Expenditures (CapEx)	3.34	4.43	4.71	8.22	4.54	8.58	5.32	2.33	2.03	1.64	1.87
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.32	2.43	-2.63	4.27	-0.13	-2.62	-8.75	-7.96	-6.39	-4.33	-8.62
Debt-free Net Working Capital (DFNWC)	589	343	363	374	375	353	375	368	381	351	397
Net Working Capital (NWC)	589	343	363	374	375	353	375	368	381	351	397
Net Nonoperating Expense (NNE)	-21	148	15	3.30	2.58	3.79	15	21	7.72	2.11	6.55
Net Nonoperating Obligations (NNO)	-697	-364	-383	-402	-434	-456	-485	-509	-526	-538	-556
Total Depreciation and Amortization (D&A)	5.15	3.79	2.59	1.82	1.65	1.05	0.06	-0.35	-0.12	0.16	1.04
Debt-free, Cash-free Net Working Capital to Revenue	0.74%	5.64%	-7.03%	13.68%	-0.50%	-11.87%	-44.31%	-48.65%	-47.43%	-38.89%	-96.09%
Debt-free Net Working Capital to Revenue	1,367.04%	795.67%	969.00%	1,198.74%	1,480.81%	1,600.69%	1,900.63%	2,246.16%	2,833.56%	3,157.56%	4,425.01%
Net Working Capital to Revenue	1,367.04%	795.67%	969.00%	1,198.74%	1,480.81%	1,600.69%	1,900.63%	2,246.16%	2,833.56%	3,157.56%	4,425.01%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.14)	($0.95)	($0.24)	($0.18)	($0.19)	($0.20)	($0.22)	($0.22)	($0.14)	($0.10)	($0.12)
Adjusted Weighted Average Basic Shares Outstanding	228.76M	213.03M	214.31M	211.64M	208.16M	202.58M	203.39M	201.43M	200.11M	197.73M	198.30M
Adjusted Diluted Earnings per Share	($0.14)	($0.95)	($0.24)	($0.18)	($0.19)	($0.20)	($0.22)	($0.22)	($0.14)	($0.10)	($0.12)
Adjusted Weighted Average Diluted Shares Outstanding	228.76M	213.03M	214.31M	211.64M	208.16M	202.58M	203.39M	201.43M	200.11M	197.73M	198.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	247.78M	222.84M	216.39M	214.08M	211.45M	208.23M	204.70M	202.60M	201.03M	201.55M	199.96M
Normalized Net Operating Profit after Tax (NOPAT)	-53	-54	-37	-34	-37	-38	-30	-23	-20	-17	-17
Normalized NOPAT Margin	-700.18%	-463.30%	-299.96%	-301.02%	-488.17%	-624.20%	-481.35%	-419.99%	-457.79%	-434.36%	-631.11%
Pre Tax Income Margin	-426.12%	-1,724.83%	-423.23%	-329.90%	-522.08%	-686.13%	-729.66%	-792.71%	-637.99%	-489.81%	-868.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About IonQ's Financials

When does IonQ's financial year end?

According to the most recent income statement we have on file, IonQ's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has IonQ's net income changed over the last 4 years?

IonQ's net income appears to be on an upward trend, with a most recent value of -$331.65 million in 2024, rising from -$15.42 million in 2020. The previous period was -$157.77 million in 2023. Check out IonQ's forecast to explore projected trends and price targets.

What is IonQ's operating income?

IonQ's total operating income in 2024 was -$232.46 million, based on the following breakdown:

Total Gross Profit: $43.07 million
Total Operating Expenses: $275.53 million

How has IonQ revenue changed over the last 4 years?

Over the last 4 years, IonQ's total revenue changed from $0.00 in 2020 to $43.07 million in 2024, a change of 4,307,300,000.0%.

How much debt does IonQ have?

IonQ's total liabilities were at $124.53 million at the end of 2024, a 81.6% increase from 2023, and a 1,738.0% increase since 2020.

How much cash does IonQ have?

In the past 4 years, IonQ's cash and equivalents has ranged from $35.67 million in 2023 to $399.03 million in 2021, and is currently $54.39 million as of their latest financial filing in 2024.

How has IonQ's book value per share changed over the last 4 years?

Over the last 4 years, IonQ's book value per share changed from 1.42 in 2020 to 1.77 in 2024, a change of 25.2%.

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This page (NYSE:IONQ) was last updated on 5/28/2025 by MarketBeat.com Staff

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IonQ (IONQ) Financials

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IonQ (IONQ) Financials

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