IonQ, Inc.IONQEarnings & Financial Report
IonQ, Inc. is an American quantum computing hardware and software company headquartered in College Park, Maryland. The company develops general-purpose trapped ion quantum computers and accompanying software to generate, optimize, and execute quantum circuits.
Revenue
$12.4M
Gross Profit
N/A
Operating Profit
$-53.1M
Net Profit
$-52.5M
Gross Margin
N/A
Operating Margin
-428.5%
Net Margin
-423.4%
YoY Growth
102.1%
EPS
$-0.24
IonQ, Inc. Q3 FY2024 Financial Summary
IonQ, Inc. reported revenue of $12.4M (up 102.1% YoY) for Q3 FY2024, with a net profit of $-52.5M (down 17.1% YoY) (-423.4% margin).
Key Financial Metrics
| Total Revenue | $12.4M |
|---|---|
| Net Profit | $-52.5M |
| Gross Margin | N/A |
| Operating Margin | -428.5% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
IonQ, Inc. Q3 FY2024 revenue of $12.4M breaks down across 2 segments, led by US at $11.9M (95.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| US | $11.9M | 95.9% |
| Other | $505.0K | 4.1% |
IonQ, Inc. Quarterly Revenue & Net Profit History
IonQ, Inc. results over the last 6 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $61.9M | +428.5% | $753.7M | 1217.8% |
| Q3 FY2025 | $39.9M | +221.5% | $-1.1B | -2646.3% |
| Q2 FY2025 | $20.7M | +81.8% | $-176.8M | -854.5% |
| Q4 FY2024 | $11.7M | +91.8% | $-202.0M | -1725.0% |
| Q3 FY2024 | $12.4M | +102.1% | $-52.5M | -423.4% |
| Q2 FY2024 | $11.4M | +106.4% | $-37.6M | -330.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $11.4M | $12.4M | $11.7M | $20.7M | $39.9M | $61.9M |
| YoY Growth | 106.4% | 102.1% | 91.8% | 81.8% | 221.5% | 428.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Assets | $517.4M | $497.9M | $508.4M | $1.35B | $4.32B | $6.57B |
| Liabilities | $54.2M | $62.2M | $124.5M | $168.2M | $2.03B | $2.76B |
| Equity | $463.3M | $435.7M | $383.9M | $1.16B | $2.27B | $3.80B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Operating CF | $-26.6M | $-19.2M | $-39.4M | $-52.6M | $-123.1M | $-74.5M |