IonQ, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	346.03	54.39	35.67	44.37	399.03	36.12
Short-Term Investments	736.33	285.9	319.78	311.43	123.44	-
Cash & Short-Term Investments	1,082	340.29	355.44	355.8	522.47	36.12
Cash Growth	195.96%	-4.26%	-0.10%	-31.90%	1346.48%	-39.32%
Accounts Receivable	36.91	10.19	11.47	3.29	0.71	0.39
Other Receivables	9.5	2.22	2.11	-	-	-
Receivables	46.41	12.41	13.58	3.29	0.71	0.39
Inventory	57.42	18.66	12.48	5.16	-	-
Prepaid Expenses	8.79	4.89	5.7	3.95	6.44	2.07
Other Current Assets	20.32	2.56	2.8	3.42	-	-
Total Current Assets	1,215	378.8	389.99	371.63	529.62	38.58
Property, Plant & Equipment	140.5	62.23	42.13	29.77	22.9	16.28
Long-Term Investments	430.6	23.55	100.49	182	80.11	-
Goodwill	1,866	9.9	0.74	0.74	-	-
Other Intangible Assets	655.91	29.47	15.08	8.94	5.84	2.69
Other Long-Term Assets	11.19	4.44	5.16	4.91	3.56	2.93
Total Assets	4,319	508.39	553.58	597.99	642.03	60.48
Accounts Payable	16.97	5.23	5.6	3.06	1.88	0.54
Accrued Expenses	74.12	12.59	18.26	6.66	2.65	0.61
Current Portion of Leases	8.6	3.37	0.71	0.59	0.57	0.5
Current Unearned Revenue	21.86	10.68	12.09	8.73	3.43	0.24
Other Current Liabilities	17.74	4.22	0.5	1.13	1.16	-
Total Current Liabilities	139.28	36.09	37.16	20.16	9.69	1.88
Long-Term Leases	19.92	14.36	7.4	3.46	3.64	3.78
Long-Term Unearned Revenue	3.38	-	0.45	1.2	1.53	1.12
Other Long-Term Liabilities	1,869	74.08	23.58	4.96	35.93	-
Total Liabilities	2,032	124.53	68.59	29.78	50.8	6.78
Common Stock	0.03	0.02	0.02	0.02	0.02	0
Additional Paid-In Capital	4,238	1,067	839.01	769.85	737.15	93.31
Retained Earnings	-1,948	-683.72	-352.07	-194.3	-145.79	-39.61
Comprehensive Income & Other	-16.79	0.16	-1.97	-7.36	-0.15	-
Total Common Equity	2,273	383.86	484.99	568.21	591.23	53.7
Shareholders' Equity	2,288	383.86	484.99	568.21	591.23	53.7
Total Liabilities & Equity	4,319	508.39	553.58	597.99	642.03	60.48
Total Debt	28.52	17.73	8.11	4.05	4.21	4.27
Net Cash (Debt)	1,054	322.56	347.34	351.75	518.26	31.85
Net Cash Growth	203.35%	-7.13%	-1.25%	-32.13%	1527.23%	-45.88%
Net Cash Per Share	4.25	1.51	1.71	1.78	3.77	0.28
Filing Date Shares Outstanding	354.28	222.84	208.23	201.55	197.67	6.86
Total Common Shares Outstanding	325.31	221.92	206.61	199.86	195.63	6.26
Working Capital	1,076	342.72	352.83	351.47	519.93	36.7
Book Value Per Share	6.99	1.73	2.35	2.84	3.02	8.58
Tangible Book Value	-248.39	344.49	469.18	558.53	585.39	51.02
Tangible Book Value Per Share	-0.76	1.55	2.27	2.79	2.99	8.15
Machinery	140.74	62.45	42.07	32.34	21.49	12.96
Leasehold Improvements	25.05	17.92	10.04	1.13	0.83	0.74

Source: S&P Global Market Intelligence. Standard template. Financial Sources.