IonQ Inc
IONQ
41.34
-1.95
-4.50%
IonQ Inc
US · IONQ
#1051 by market cap
Listed 1970
41.34
-1.95
-4.50%
Live - 5344 symbols - heartbeat 502s ago
· 2026-10-08 07:40
Pre-market
41.32
-0.05%
After-hours
41.80
+1.11%
Overnight
41.56
+0.53%
- Market cap
- 15.75B
- P/E (TTM)i
- -10.68
- P/Bi
- 4.73
- EPSi
- -1.82
- Div yieldi
- 0.00%
- 52W posi
- 26%
Reader sentiment
Are you bullish or bearish on IONQ?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.32, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 6 years
Latest year +201.85% YoY
Margins
- Gross margin
- 40.40%
- Operating margin
- -487.41%
- Net margin
- -392.55%
Key ratios & quality
- Altman Z-Scorei
- 3.32
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 2.10M | 11.13M | 22.04M | 43.07M | 130.02M |
| Gross profit | -143.00K | 1.06M | 8.19M | 13.93M | 22.48M | 52.53M |
| Selling & admin expenses | 4.03M | 16.97M | 44.35M | 68.99M | 99.45M | 298.53M |
| Research & development | 10.16M | 20.23M | 43.98M | 92.32M | 136.83M | 305.71M |
| Operating profit | -15.73M | -38.69M | -85.75M | -157.75M | -232.46M | -633.72M |
| Pretax profit | -15.42M | -106.19M | -48.51M | -157.72M | -331.59M | -556.69M |
| Tax | 0 | 0 | 0 | 48.00K | 59.00K | -44.57M |
| Net profit | -15.42M | -106.19M | -48.51M | -157.77M | -331.65M | -512.12M |
| Basic EPS | 0 | -1 | 0 | -1 | -2 | -2 |
| Diluted EPS | -0.08 | -0.77 | -0.25 | -0.78 | -1.56 | -1.82 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 7.57M | 20.69M | 39.87M | 61.89M | 64.67M | 80.05M |
| Gross profit | 3.25M | 12.37M | 18.61M | 18.30M | 15.41M | 19.94M |
| Selling & admin expenses | 32.42M | 58.98M | 96.95M | 110.19M | 118.05M | 150.47M |
| Research & development | 39.95M | 103.36M | 66.30M | 96.10M | 125.74M | 160.63M |
| Operating profit | -75.68M | -160.59M | -168.81M | -228.63M | -271.51M | -337.24M |
| Pretax profit | -32.24M | -192.80M | -1.06B | 728.40M | 798.23M | -1.87B |
| Tax | 12.00K | -15.27M | -4.44M | -24.88M | -6.38M | -6.07M |
| Net profit | -32.25M | -177.53M | -1.06B | 753.27M | 804.61M | -1.87B |
| Basic EPS | 0 | -1 | -4 | 2 | 2 | -5 |
| Diluted EPS | -0.14 | -0.70 | -3.58 | 1.93 | 2.07 | -5.08 |
Balance sheet
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total current assets | 38.58M | 529.62M | 371.63M | 389.99M | 378.80M | 2.59B |
| Cash & ST investments | 36.12M | 522.47M | 355.80M | 355.44M | 340.29M | 2.39B |
| Inventory | -- | -- | 5.16M | 12.48M | 17.63M | 57.70M |
| Total assets | 60.48M | 642.03M | 597.99M | 553.58M | 508.39M | 6.57B |
| Total current liabilities | 1.88M | 9.69M | 20.16M | 37.16M | 36.09M | 166.83M |
| Short-term debt | 495.00K | 568.00K | 591.00K | 710.00K | 3.37M | 8.85M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 6,775,000.00 | 50,798,000.00 | 29,781,000.00 | 68,586,000.00 | 124,526,000.00 | 2,756,666,000.00 |
| Total equity | 53.70M | 591.23M | 568.21M | 484.99M | 383.86M | 3.81B |
| Retained earnings | -39.61M | -145.79M | -194.30M | -352.07M | -683.72M | -1.19B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 636.98M | 625.89M | 1.22B | 2.59B | 2.30B | 2.41B |
| Cash & ST investments | 588.29M | 543.38M | 1.08B | 2.39B | 2.03B | 2.12B |
| Inventory | 23.97M | 34.48M | 57.42M | 57.70M | 70.65M | 87.47M |
| Total assets | 850.07M | 1.35B | 4.32B | 6.57B | 6.69B | 6.78B |
| Total current liabilities | 48.38M | 80.63M | 139.28M | 166.83M | 163.89M | 226.06M |
| Short-term debt | 3.62M | 5.53M | 8.60M | 8.85M | 9.17M | 11.66M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 85,026,000.00 | 168,162,000.00 | 2,031,549,000.00 | 2,756,666,000.00 | 1,704,011,000.00 | 3,439,012,000.00 |
| Total equity | 765.05M | 1.18B | 2.29B | 3.81B | 4.99B | 3.34B |
| Retained earnings | -715.97M | -892.81M | -1.95B | -1.19B | -388.74M | -2.26B |
Cash flow
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -12.01M | -26.54M | -44.70M | -78.81M | -105.68M | -283.19M |
| Depreciation & amortization | 1.40M | 2.55M | 5.60M | 10.38M | 18.65M | 82.00M |
| Free cash flow | -23.68M | -36.56M | -57.26M | -92.51M | -123.68M | -299.60M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | 0 | 0 | 3.31B |
| Ending cash balance | 36.12M | 399.03M | 46.37M | 38.08M | 56.84M | 1.04B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -33.03M | -52.57M | -123.08M | -74.51M | -151.02M | -103.76M |
| Depreciation & amortization | 6.56M | 10.62M | 24.18M | 40.65M | 43.13M | 46.09M |
| Free cash flow | -35.33M | -53.77M | -130.17M | -80.34M | -159.39M | -113.97M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 362.30M | -4.05M | 1.00B | 1.95B | 0 | 0 |
| Ending cash balance | 162.36M | 143.51M | 352.32M | 1.04B | 501.35M | 1.24B |
Returns & efficiency
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| ROE %i | -28.72 | -32.93 | -8.37 | -29.96 | -76.34 | -24.40 |
| ROA %i | -25.50 | -30.23 | -7.82 | -27.40 | -62.46 | -14.42 |
| ROIC %i | -26.61 | -32.50 | -9.52 | -33.25 | -78.22 | -26.56 |
| 5-year avg ROE %i | -- | -- | -- | -- | -35.26 | -34.40 |
| EBIT margin %i | -- | -1,843.12 | -770.34 | -715.70 | -539.68 | -487.41 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 20.51 | 54.65 | 18.43 | 10.49 | 10.50 | 15.50 |
| Quick ratioi | 19.41 | 53.99 | 17.81 | 9.93 | 9.77 | 14.85 |
| Debt / assetsi | 7.06 | 0.66 | 0.68 | 1.46 | 3.49 | 0.46 |
| LT debt / equityi | 7.03 | 0.62 | 0.61 | 1.52 | 3.74 | 0.56 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | 173.78 | 126.89 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -52.11 | -57.06 | -108.23 | -24.40 | 10.75 | -60.76 |
| ROA %i | -46.53 | -49.74 | -60.87 | -14.42 | 8.18 | -33.57 |
| ROIC %i | -53.03 | -58.24 | -108.59 | -26.56 | 9.01 | -64.21 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -592.84 | -700.61 | -604.47 | -487.41 | -443.33 | -408.24 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 13.17 | 7.76 | 8.73 | 15.50 | 14.05 | 10.66 |
| Quick ratioi | 12.44 | 7.07 | 8.10 | 14.85 | 13.12 | 9.92 |
| Debt / assetsi | 2.04 | 1.43 | 0.66 | 0.46 | 0.45 | 0.80 |
| LT debt / equityi | 1.80 | 1.18 | 0.88 | 0.56 | 0.43 | 1.29 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 07:40:19 · For reference only, not investment advice and not tailored to your situation.