IONQ (IonQ, Inc.) Stock Financials & Earnings

IONQIonQ, Inc.

Mkt Cap$13B

Technology·Computer Hardware·🇺🇸 United States·NYSE

Revenue (TTM)$130M

Net Income (TTM)-$561M

EPS (TTM)-$2.49

Free Cash Flow (TTM)-$302M

Gross Margin40.4%

Op. Margin-487.4%

Net Margin-431.1%

FCF Margin-232.1%

P/S Ratio (TTM)103.4x

P/E Ratio (TTM)—

YoY Rev Growth+201.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$4M	$1M	-$28M
Q2 23	$6M	$1M	-$33M
Q3 23	$6M	$4M	-$42M
Q4 23	$6M	-$563K	-$54M
Q1 24	$8M	$4M	-$53M
Q2 24	$11M	$1M	-$49M
Q3 24	$12M	$6M	-$53M
Q4 24	$12M	$1M	-$76M
Q1 25	$8M	-$3M	-$76M
Q2 25	$21M	$2M	-$146M
Q3 25	$40M	$19M	-$169M
Q4 25	$62M	$35M	-$243M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 23	$16M	$11M	$3M	—
Q2 23	$20M	$11M	$4M	—
Q3 23	$25M	$14M	$5M	—
Q4 23	$32M	$15M	$7M	—
Q1 24	$32M	$14M	$7M	—
Q2 24	$31M	$13M	$6M	—
Q3 24	$33M	$14M	$7M	—
Q4 24	$40M	—	—	$37M
Q1 25	$40M	$24M	$9M	—
Q2 25	$103M	$48M	$11M	—
Q3 25	$68M	$83M	$14M	—
Q4 25	$96M	$91M	$20M	—

Revenue by Geography

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$52M	$336M	$388M
Q2 23	$14M	$362M	$376M
Q3 23	$37M	$347M	$384M
Q4 23	$36M	$320M	$355M
Q1 24	$60M	$315M	$375M
Q2 24	$42M	$328M	$370M
Q3 24	$30M	$272M	$302M
Q4 24	$54M	$286M	$340M
Q1 25	$160M	$429M	$588M
Q2 25	$140M	$403M	$543M
Q3 25	$346M	$736M	$1.1B
Q4 25	$1.0B	$1.4B	$2.4B

Shares Outstanding

Revenue Per Employee

Revenue / Employee