IonQ Inc. | Large-cap | Technology
$44.94
7.38%
| IonQ Stock Comparison:
IonQ vs Arista NetworksIonQ vs Dell TechnologiesIonQ vs Seagate TechnologyIonQ vs Super MicroIonQ vs Western DigitalIonQ vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 20.7M
Gross Profit 12.4M 59.76%
Operating Income -160.6M -776.03%
Net Income -177.5M -857.88%
EPS (Diluted) $-0.70

Balance Sheet Metrics

Total Assets 850.1M
Total Liabilities 85.0M
Shareholders Equity 765.0M
Debt to Equity 0.11

Cash Flow Metrics

Operating Cash Flow 13.2M
Free Cash Flow -36.4M

Revenue & Profitability Trend

IonQ Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i43.1M22.0M11.1M2.1M0
Cost of Goods Sold i20.6M8.1M2.9M1.0M143.0K
Gross Profit i22.5M13.9M8.2M1.1M-143.0K
Gross Margin % i52.2%63.2%73.6%50.5%0.0%
Operating Expenses
Research & Development i136.8M92.3M44.0M20.2M10.2M
Selling, General & Administrative i99.4M69.0M44.4M17.0M4.0M
Other Operating Expenses i-----
Total Operating Expenses i236.3M161.3M88.3M37.2M14.2M
Operating Income i-232.5M-157.8M-85.7M-38.7M-15.7M
Operating Margin % i-539.7%-715.7%-770.3%-1,843.1%0.0%
Non-Operating Items
Interest Income i18.2M19.3M7.1M64.0K-
Interest Expense i-----
Other Non-Operating Income-117.4M-19.3M30.1M-67.6M309.0K
Pre-tax Income i-331.6M-157.7M-48.5M-106.2M-15.4M
Income Tax i59.0K48.0K000
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-331.6M-157.8M-48.5M-106.2M-15.4M
Net Margin % i-770.0%-715.8%-435.8%-5,058.9%0.0%
Key Metrics
EBITDA i-96.7M-128.2M-110.3M31.5M-14.3M
EPS (Basic) i$-1.56$-0.78$-0.25$-0.77$-0.08
EPS (Diluted) i$-1.56$-0.78$-0.25$-0.77$-0.08
Basic Shares Outstanding i213029365202576492197727642137609620192485413
Diluted Shares Outstanding i213029365202576492197727642137609620192485413

Income Statement Trend

IonQ Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i54.4M35.7M44.4M399.0M36.1M
Short-term Investments i285.9M319.8M311.4M123.4M0
Accounts Receivable i6.5M8.6M1.2M261.0K390.0K
Inventory i18.7M12.5M5.2M--
Other Current Assets2.6M4.9M3.4M6.4M2.1M
Total Current Assets i378.8M390.0M371.6M529.6M38.6M
Non-Current Assets
Property, Plant & Equipment i9.5M4.6M3.8M4.0M4.3M
Goodwill i49.3M16.6M10.4M5.8M2.7M
Intangible Assets i29.5M15.1M8.9M5.8M2.7M
Long-term Investments-----
Other Non-Current Assets4.4M5.2M4.9M3.6M2.9M
Total Non-Current Assets i129.6M163.6M226.4M112.4M21.9M
Total Assets i508.4M553.6M598.0M642.0M60.5M
Liabilities
Current Liabilities
Accounts Payable i5.2M5.6M3.1M1.9M538.0K
Short-term Debt i3.4M710.0K591.0K568.0K495.0K
Current Portion of Long-term Debt-----
Other Current Liabilities387.0K392.0K1.1M1.2M-
Total Current Liabilities i36.1M37.2M20.2M9.7M1.9M
Non-Current Liabilities
Long-term Debt i14.4M7.4M3.5M3.6M3.8M
Deferred Tax Liabilities i-----
Other Non-Current Liabilities3.3M128.0K303.0K--
Total Non-Current Liabilities i88.4M31.4M9.6M41.1M4.9M
Total Liabilities i124.5M68.6M29.8M50.8M6.8M
Equity
Common Stock i22.0K20.0K20.0K19.0K3.0K
Retained Earnings i-683.7M-352.1M-194.3M-145.8M-39.6M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i383.9M485.0M568.2M591.2M53.7M
Key Metrics
Total Debt i17.7M8.1M4.0M4.2M4.3M
Working Capital i342.7M352.8M351.5M519.9M36.7M

Balance Sheet Composition

IonQ Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-331.6M-157.8M-48.5M-106.2M-15.4M
Depreciation & Amortization i18.7M10.4M5.6M2.5M1.4M
Stock-Based Compensation i106.9M69.7M31.5M7.7M1.2M
Working Capital Changes i2.4M-1.5M3.2M607.0K1.0M
Operating Cash Flow i-198.4M-77.2M-7.3M-89.6M-11.7M
Investing Activities
Capital Expenditures i-18.0M-13.7M-9.3M-7.8M-10.0M
Acquisitions i-15.5M0-848.0K0-
Investment Purchases i-296.3M-298.4M-605.7M-203.8M0
Investment Sales i418.1M386.8M310.0M0-
Investing Cash Flow i88.3M74.6M-305.8M-211.5M-10.0M
Financing Activities
Share Repurchases i-----
Dividends Paid i-----
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i238.0K-193.0K37.0K572.7M-
Free Cash Flow i-129.3M-98.4M-57.3M-36.6M-23.7M
Net Change in Cash i-109.8M-2.8M-313.1M271.5M-21.8M

Cash Flow Trend

IonQ Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -26.83
Forward P/E -47.56
Price to Book 9.71
Price to Sales 237.21
PEG Ratio -47.56

Profitability Ratios

Profit Margin 52.18%
Operating Margin -776.03%
Return on Equity -56.56%
Return on Assets -24.60%

Financial Health

Current Ratio 7.76
Debt to Equity 1.64
Beta 2.54

Per Share Data

EPS (TTM) $-2.06
Book Value per Share $4.31
Revenue per Share $0.23

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
ionq12.4B-26.839.71-56.56%52.18%1.64
Arista Networks 174.9B54.5816.1033.64%40.90%0.00
Dell Technologies 93.1B21.54-31.49-331.07%4.72%-9.80
Seagate Technology 32.0B22.22-70.99-324.28%16.15%-11.86
Super Micro 26.6B26.554.2317.90%4.77%80.68
Western Digital 26.2B16.854.9119.81%19.84%1.36

Financial data is updated regularly. All figures are in the company's reporting currency.