IonQ revenue and financials
$41.26Change from previous close: −4.69%Absolute change: −$2.03
In the fiscal year ended December 2025, IonQ reported revenue of $130.02M (+201.85% year over year). The net loss was $510.38M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +201.85%
- 2025 vs 2024
- Net margin
- -392.6%
- 2024: -770.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -104 | -151 | -74.5 | -123 | -52.6 | -33.0 | -39.4 | -19.2 | -26.6 | -20.5 | -26.6 | -22.3 |
| Depreciation and amortization | 46.1 | 43.1 | 38.8 | 22.5 | 10.6 | 6.6 | 4.0 | 3.5 | 3.0 | 2.9 | 5.4 | 1.9 |
| Capital expenditure | -10.2 | -8.4 | -8.8 | -4.1 | -1.2 | -2.3 | -3.6 | -3.8 | -7.5 | -3.1 | -7.2 | -4.1 |
| Investing cash flow | 834 | -392 | -1,221 | -673 | 29.2 | -230 | 24.4 | 6.5 | 8.3 | 43.5 | 24.2 | 45.5 |
| Financing cash flow | 12.0 | 6.9 | 1,981 | 1,005 | 4.1 | 369 | 39.3 | 1.1 | -0.0 | 1.4 | 1.0 | 0.2 |
| Effect of exchange rates | -0.3 | -0.4 | 0.2 | -0.0 | 0.4 | -0.0 | 0.0 | — | — | 0.0 | -0.0 | 0.0 |
| Net change in cash | 742 | -536 | 685 | 209 | -18.8 | 106 | 24.2 | -11.6 | -18.3 | 24.4 | -1.5 | 23.5 |
| Free cash flow | -114 | -159 | -83.3 | -127 | -53.8 | -35.3 | -43.0 | -23.0 | -34.1 | -23.6 | -33.8 | -26.4 |
| Levered free cash flow | 11.8 | -77.5 | -26.3 | -11.6 | 8.2 | -7.9 | -9.5 | -2.3 | -18.8 | -14.9 | -14.3 | -11.7 |