IonQ, Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	130.02	43.07	22.04	11.13	2.1
Revenue Growth (YoY)	201.85%	95.41%	98.02%	430.30%	-
Cost of Revenue	77.49	20.6	8.11	2.94	1.04
Gross Profit	52.53	22.48	13.93	8.19	1.06
Selling, General & Admin	298.53	99.45	68.99	44.35	16.97
Depreciation & Amortization Expenses	82	18.65	10.38	5.6	2.55
Research & Development	305.71	136.83	92.32	43.98	20.23
Total Operating Expenses	686.24	254.93	171.69	93.93	39.75
Operating Income	-633.72	-232.46	-157.75	-85.75	-38.69
Interest Income	56	18.25	19.32	7.09	0.06
Other Non-Operating Income (Expense)	21.03	-117.38	-19.29	30.14	-67.56
Total Non-Operating Income (Expense)	77.02	-99.13	0.03	37.24	-67.5
Pretax Income	-556.69	-331.59	-157.72	-48.51	-106.19
Provision for Income Taxes	-44.57	0.06	0.05	-	-
Net Income	-510.38	-331.65	-157.77	-48.51	-106.19
Minority Interest in Earnings	-1.74	-	-	-	-
Net Income to Common	-510.38	-331.65	-157.77	-48.51	-106.19
Shares Outstanding (Basic)	280	213	203	198	138
Shares Outstanding (Diluted)	280	213	203	198	138
Shares Change (YoY)	31.60%	5.16%	2.45%	43.69%	19.61%
EPS (Basic)	-1.82	-1.56	-0.78	-0.25	-0.77
EPS (Diluted)	-1.82	-1.56	-0.78	-0.25	-0.77
Shares Outstanding	362.48	221.92	206.61	199.86	195.63
Free Cash Flow	-299.6	-123.68	-92.51	-54.03	-34.32
Free Cash Flow Per Share	-1.07	-0.58	-0.46	-0.27	-0.25
Gross Margin	40.40%	52.18%	63.22%	73.55%	50.45%
Operating Margin	-487.41%	-539.68%	-715.70%	-770.34%	-1843.12%
Profit Margin	-393.89%	-769.97%	-715.77%	-435.82%	-5058.89%
FCF Margin	-230.44%	-287.13%	-419.72%	-485.44%	-1635.06%
EBITDA	-551.71	-213.8	-147.38	-80.14	-36.14
EBITDA Margin	-424.34%	-496.37%	-668.63%	-719.99%	-1721.72%
EBIT	-633.72	-232.46	-157.75	-85.75	-38.69
EBIT Margin	-487.41%	-539.68%	-715.70%	-770.34%	-1843.12%
Effective Tax Rate	8.01%	-0.02%	-0.03%	0.00%	0.00%

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q