IonQ, Inc. (IONQ) — Financial statements
Income statement, balance sheet, and cash flow for IonQ, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 130↑201.9% | 43↑95.4% | 22↑98.0% | 11↑430.3% | 2 | |
| Cost of Revenue | 77↑97.4% | 39↑384.1% | 8↓5.1% | 9↑138.2% | 4 | |
| Gross Profit | 53↑1274.4% | 4↓72.6% | 14↑439.5% | 3↑273.5% | -1 | |
| Operating Expenses | ||||||
| R&D Expenses | 306↑123.4% | 137↑48.2% | 92↑109.9% | 44↑117.4% | 20 | |
| General & Administrative Expenses | 245↑244.9% | 71↑40.1% | 51↑41.0% | 36↑161.8% | 14 | |
| Selling & Marketing Expenses | 53↑88.2% | 28↑55.4% | 18↑117.9% | 8↑159.4% | 3 | |
| SG&A Expenses | 299↑200.2% | 99↑44.1% | 69↑55.6% | 44↑161.3% | 17 | |
| Other Expenses | 82↑5566.9% | -2↓114.5% | 10 | 0.00 | 0.00 | |
| Operating Expenses | 686↑192.3% | 235↑36.7% | 172↑94.4% | 88↑137.5% | 37 | |
| Total Costs & Expenses | 764↑178.7% | 274↑52.4% | 180↑85.6% | 97↑137.5% | 41 | |
| Operating Results | ||||||
| Operating Income | -634↓174.4% | -231↓46.4% | -158↓84.0% | -86↓121.6% | -39 | |
| Depreciation & Amortization | 82↑339.6% | 19↑79.8% | 10↑85.1% | 6↑119.9% | 3 | |
| EBITDA | -475↓51.7% | -313↓112.3% | -147↓243.5% | -43↑58.6% | -104 | |
| EBIT | -557↓67.9% | -332↓110.2% | -158↓225.2% | -49↑54.3% | -106 | |
| Interest & Other Income | ||||||
| Net Interest Income | 56↑206.8% | 18↓5.6% | 19↑172.4% | 7↑10982.8% | 0.06 | |
| Interest Income | 56↑206.8% | 18↓5.6% | 19↑172.4% | 7↑10982.8% | 0.06 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -77↓176.5% | 101 | 0.00↑100.0% | -37↓155.2% | 67 | |
| Other Income / Expenses | 77↑176.5% | -101↓324722.6% | 0.03↓99.9% | 37↑155.2% | -67 | |
| Income Before Tax | -557↓67.9% | -332↓110.2% | -158↓225.1% | -49↑54.3% | -106 | |
| Income Tax Expense | -45↓75645.8% | 0.06↑22.9% | 0.05 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -512↓54.4% | -332↓110.2% | -158↓225.2% | -49↑54.3% | -106 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -510↓53.9% | -332↓110.2% | -158↓225.2% | -49↑54.3% | -106 | |
| Bottom-Line Net Income | -510↓53.9% | -332↓110.2% | -158↓225.2% | -49↑54.3% | -106 | |
| EPS (Basic) | -1.82↓16.7% | -1.56↓100.0% | -0.78↓212.0% | -0.25↑54.5% | -0.55 | |
| EPS (Diluted) | -1.82↓16.7% | -1.56↓100.0% | -0.78↓212.0% | -0.25↑54.5% | -0.55 | |
| Weighted Average Shares | 280↑31.6% | 213↑5.2% | 203↑2.5% | 198↑2.8% | 192 | |
| Weighted Average Diluted Shares | 280↑31.6% | 213↑5.2% | 203↑2.5% | 198↑1.9% | 194 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.