IONQIonQ, Inc.

$13B

Q1 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$8M+76.9% YoY

Gross Profit

$4M55.0% margin

Operating Income

-$53M-697.4% margin

Net Income

-$40M-522.2% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+24.2%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$25M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$544M

Total Liabilities

$64M

Stockholders' Equity

$480M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$4M	+76.9%
Gross Profit	$4M	$1M	+185.9%
Operating Income	-$53M	-$28M	-88.7%
Net Income	-$40M	-$27M	-44.8%

IONQ Q1 2024 Earnings — IonQ, Inc. Revenue & Financial Results | Market Cap Arena