IonQ (IONQ) financials
IonQ revenue and earnings by year
IonQ's revenue was $130 million in the fiscal year to December 31, 2025, up 201.9% from the year before. Net income was -$510 million, -392.6% of revenue. Since the fiscal year to December 31, 2019, revenue has grown 194.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 6 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2019 |
|---|---|---|---|---|---|---|
| Revenue | 130 | 43 | 22 | 11 | 2 | 0 |
| Revenue growth | 201.9% | 95.4% | 98.0% | 430.3% | 949.5% | — |
| Gross profit | 53 | 22 | 14 | 8 | 1 | 0 |
| Gross margin | 40.4% | 52.2% | 63.2% | 73.6% | 50.5% | 56.0% |
| Operating income | -634 | -232 | -158 | -86 | -39 | -9 |
| Operating margin | -487.4% | -539.7% | -715.7% | -770.3% | -1843.1% | -4627.5% |
| Net income | -510 | -332 | -158 | -49 | -106 | -9 |
| Net margin | -392.6% | -770.0% | -715.8% | -435.8% | -5058.9% | -4463.0% |
| Diluted EPS | -$1.82 | -$1.56 | -$0.78 | -$0.25 | -$0.76 | — |
| Free cash flow | -300 | -124 | -93 | -56 | -36 | -11 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open IONQ in Markets.
How IonQ makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Quantum Hardware | $46.5M | 58.0% |
| Platform Consulting & Support Services | $33.6M | 42.0% |
See also: IONQ returns
No forecast, no recommendation. This page describes IonQ from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.