IonQ, Inc. (IONQ) income statement
NYSE · Technology · Computer Hardware · 1,132 employees · CEO Niccolo Mcleod De Masi
- Price
- $30.04 -5.30%
- Market cap
- $12.9B
- Enterprise value
- $11.7B
- Last report
- Q2 '26 filed 2026-08-10
- Next report
- 2026-11-05 EPS est. -$0.34
IonQ, Inc. (IONQ) reported revenue of $80.1M for Q2 '26 (+286.8% year on year), operating income of -$337M (-421.3% of revenue) and net income of -$1.87B. Over the last four quarters revenue was $246M.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.14M | $6.11M | $7.58M | $11.4M | $12.4M | $11.7M | $7.57M | $20.7M | $39.9M | $61.9M | $64.7M | $80.1M | |
| Cost of revenue | $2.01M | $6.67M | $3.41M | $9.93M | $6.52M | $5.05M | $10.9M | $18.9M | $20.7M | $26.9M | $49.3M | $60.1M | |
| Gross profit | $4.13M | -$563K | $4.17M | $1.45M | $5.89M | $6.67M | -$3.31M | $1.75M | $19.1M | $35M | $15.4M | $19.9M | |
| Research & development | $24.6M | $31.6M | $32.4M | $31.2M | $33.2M | $40.1M | $40M | $103M | $68M | $96.1M | $126M | $161M | |
| Sales & marketing | $5.05M | $6.98M | $6.7M | $6.14M | $6.63M | $8.93M | $8.61M | $10.7M | $14.4M | $19.5M | $29.4M | $32.9M | |
| General & administrative | $13.9M | $15.3M | $14M | $13.1M | $14.3M | $29.7M | $23.8M | $48.1M | $82.5M | $90.7M | $88.6M | $118M | |
| Other operating expenses | $2.75M | $0 | $3.96M | $0 | $4.89M | $5.5M | $0 | -$14M | $23M | $71.4M | $43.1M | $46.1M | |
| Operating expenses | $46.3M | $53.9M | $57M | $50.4M | $59M | $84.2M | $72.4M | $148M | $188M | $278M | $287M | $357M | |
| Operating income | -$42.2M | -$54.4M | -$52.9M | -$48.9M | -$53.1M | -$77.5M | -$75.7M | -$146M | -$169M | -$243M | -$272M | -$337M | |
| Interest income | $5.01M | $5.21M | $4.8M | $4.8M | $4.51M | $4.14M | $4.89M | $7.14M | $14.4M | $0 | $28.2M | $0 | |
| Other non-operating income (gains on investments, FX ...) | $2.58M | -$12.6M | -$13.3M | -$11.4M | -$655K | $124M | -$43.4M | $46.3M | $891M | -$971M | -$1.07B | -$1.54B | |
| Total non-operating income | -$2.58M | $12.6M | $13.3M | $11.4M | $655K | -$124M | $43.4M | -$46.3M | -$891M | $971M | $1.07B | -$1.54B | |
| Income before tax | -$44.8M | -$41.9M | -$39.6M | -$37.5M | -$52.5M | -$202M | -$32.2M | -$193M | -$1.06B | $728M | $798M | -$1.87B | |
| Income tax | $39K | $9K | $8K | $15K | $16K | $20K | $12K | -$15.3M | -$4.44M | $24.9M | -$6.38M | -$6.07M | |
| Net income | -$44.8M | -$41.9M | -$39.6M | -$37.6M | -$52.5M | -$202M | -$32.3M | -$177M | -$1.05B | $704M | $805M | -$1.87B | |
| EPS (basic) | -$0.22 | -$0.20 | -$0.19 | -$0.18 | -$0.24 | -$0.93 | -$0.14 | -$0.70 | -$3.58 | $2.13 | $2.24 | -$5.08 | |
| EPS (diluted) | -$0.22 | -$0.20 | -$0.19 | -$0.18 | -$0.24 | -$0.93 | -$0.14 | -$0.70 | -$3.58 | $1.93 | $2.07 | -$5.08 | |
| Shares (basic, weighted) | 203M | 205M | 208M | 212M | 214M | 218M | 229M | 251M | 295M | 346M | 359M | 368M | |
| Shares (diluted, weighted) | 203M | 205M | 208M | 212M | 214M | 218M | 229M | 251M | 295M | 369M | 371M | 368M | |
| Depreciation & amortization | $2.75M | $3.51M | $3.96M | $4.31M | $4.89M | $5.5M | $6.56M | $10.6M | $24.2M | $40.6M | $43.1M | $46.1M | |
| EBITDA | -$42M | -$38.4M | -$35.6M | -$33.2M | -$47.6M | -$196M | -$25.7M | -$182M | -$1.04B | $769M | $841M | $1.25B |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $200K | $0 | $2.1M | $11.1M | $22M | $43.1M | $130M | |
| Cost of revenue | $88K | $1.4M | $3.59M | $8.55M | $8.11M | $20.6M | $77.5M | |
| Gross profit | $112K | -$1.4M | -$1.49M | $2.58M | $13.9M | $22.5M | $52.5M | |
| Research & development | $6.89M | $10.2M | $20.2M | $44M | $92.3M | $137M | $306M | |
| Sales & marketing | $398K | $486K | $3.23M | $8.39M | $18.3M | $28.4M | $53.4M | |
| General & administrative | $1.81M | $3.55M | $13.7M | $36M | $50.7M | $71.1M | $245M | |
| Other operating expenses | $270K | $143K | $0 | $0 | $10.4M | $18.7M | $82M | |
| Operating expenses | $9.37M | $14.3M | $37.2M | $88.3M | $172M | $255M | $686M | |
| Operating income | -$9.26M | -$15.7M | -$38.7M | -$85.7M | -$158M | -$232M | -$634M | |
| Interest income | $0 | $0 | $64K | $7.09M | $19.3M | $18.2M | $56M | |
| Other non-operating income (gains on investments, FX ...) | $0 | -$309K | $67.5M | -$37.2M | -$31K | $99.1M | -$77M | |
| Total non-operating income | $329K | $309K | -$67.5M | $37.2M | $31K | -$99.1M | $77M | |
| Income before tax | -$8.93M | -$15.4M | -$106M | -$48.5M | -$158M | -$332M | -$557M | |
| Income tax | $0 | $0 | $0 | $0 | $48K | $59K | -$44.6M | |
| Net income | -$8.94M | -$15.4M | -$106M | -$48.5M | -$158M | -$332M | -$510M | |
| EPS (basic) | -$2.24 | -$0.08 | -$0.55 | -$0.25 | -$0.78 | -$1.56 | -$1.82 | |
| EPS (diluted) | -$2.24 | -$0.08 | -$0.55 | -$0.25 | -$0.78 | -$1.56 | -$1.82 | |
| Shares (basic, weighted) | 3.98M | 192M | 192M | 198M | 203M | 213M | 280M | |
| Shares (diluted, weighted) | 3.98M | 192M | 194M | 198M | 203M | 213M | 280M | |
| Depreciation & amortization | $403K | $1.4M | $2.55M | $5.6M | $10.4M | $18.7M | $82M | |
| EBITDA | -$8.85M | -$14M | -$104M | -$42.9M | -$147M | -$313M | -$475M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02