IONQ Q2 2024 Earnings — IonQ, Inc. Revenue & Financial Results | Market Cap Arena

IONQIonQ, Inc.

$13B

Q2 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$11M+106.4% YoY

Gross Profit

$1M12.8% margin

Operating Income

-$49M-430.0% margin

Net Income

-$38M-330.0% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+50.1%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$35M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$517M

Total Liabilities

$54M

Stockholders' Equity

$463M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$6M	+106.4%
Gross Profit	$1M	$1M	+13.1%
Operating Income	-$49M	-$33M	-47.9%
Net Income	-$38M	-$44M	+14.1%

Geographic Segments

UNITED STATES

$11M96%

Non-US

$428,0004%