IonQ, Inc. Income Statement

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	2019
Period Ending	Mar '25 Mar 31, 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	2019
Revenue	43.06	43.07	22.04	11.13	2.1	-	Upgrade
Revenue Growth (YoY)	69.92%	95.41%	98.02%	430.30%	-	-	Upgrade
Cost of Revenue	21.22	20.34	7.96	2.89	1	0.14	Upgrade
Gross Profit	21.84	22.73	14.08	8.24	1.1	-0.14	Upgrade
Selling, General & Admin	113.25	101.37	69.86	45.02	17.63	4.3	Upgrade
Research & Development	142.58	135.16	91.6	43.37	19.62	9.89	Upgrade
Operating Expenses	277.1	255.19	171.83	93.99	39.79	15.59	Upgrade
Operating Income	-255.26	-232.46	-157.75	-85.75	-38.69	-15.73	Upgrade
Interest & Investment Income	18.34	18.25	19.32	7.09	0.06	-	Upgrade
Other Non Operating Income (Expenses)	-87.33	-117.38	-19.29	30.14	-63.3	0.31	Upgrade
EBT Excluding Unusual Items	-324.24	-331.59	-157.72	-48.51	-101.93	-15.42	Upgrade
Merger & Restructuring Charges	-	-	-	-	-4.26	-	Upgrade
Pretax Income	-324.24	-331.59	-157.72	-48.51	-106.19	-15.42	Upgrade
Income Tax Expense	0.06	0.06	0.05	-	-	-	Upgrade
Net Income	-324.31	-331.65	-157.77	-48.51	-106.19	-15.42	Upgrade
Net Income to Common	-324.31	-331.65	-157.77	-48.51	-106.19	-15.42	Upgrade
Shares Outstanding (Basic)	218	213	203	198	138	115	Upgrade
Shares Outstanding (Diluted)	218	213	203	198	138	115	Upgrade
Shares Change (YoY)	6.64%	5.16%	2.45%	43.69%	19.61%	2787.50%	Upgrade
EPS (Basic)	-1.49	-1.56	-0.78	-0.25	-0.77	-0.13	Upgrade
EPS (Diluted)	-1.49	-1.56	-0.78	-0.25	-0.77	-0.13	Upgrade
Free Cash Flow	-135.4	-123.68	-92.51	-54.03	-34.32	-22.04	Upgrade
Free Cash Flow Per Share	-0.62	-0.58	-0.46	-0.27	-0.25	-0.19	Upgrade
Gross Margin	50.72%	52.77%	63.87%	74.03%	52.60%	-	Upgrade
Operating Margin	-592.84%	-539.68%	-715.70%	-770.34%	-1843.12%	-	Upgrade
Profit Margin	-753.20%	-769.97%	-715.77%	-435.82%	-5058.89%	-	Upgrade
Free Cash Flow Margin	-314.47%	-287.13%	-419.72%	-485.44%	-1635.06%	-	Upgrade
EBITDA	-234.4	-213.8	-147.38	-80.14	-36.14	-14.33	Upgrade
D&A For EBITDA	20.86	18.65	10.38	5.6	2.55	1.4	Upgrade
EBIT	-255.26	-232.46	-157.75	-85.75	-38.69	-15.73	Upgrade
Advertising Expenses	-	0.2	0.9	1.3	1.1	0.4	Upgrade

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q