IonQ Financial Statements
NYSE: IONQTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
IonQ revenue and earnings
In fiscal 2025, IonQ generated $130.0 million in revenue, up 201.9% from fiscal 2024, its 2nd consecutive year of revenue growth. IonQ reported a net loss of $510.4 million, compared with a loss of $331.6 million a year earlier. Gross margin was 40.4% (down from 52.2%) and operating margin -487.4%.
Diluted earnings per share came in at -$1.82.
Summary generated from market data by MetaCap's automated system. Methodology
IonQ income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 130.02M | 43.07M | 22.04M | 1.24B | 2.10M | 0 |
| Revenue growth (YoY) | +201.85% | +95.41% | -98.22% | +58737.54% | — | — |
| Cost of Revenue | 77.49M | 20.60M | 8.11M | 2.94M | 1.04M | 143.00K |
| Gross Profit | 52.53M | 22.48M | 13.93M | 1.23B | 1.06M | -143.00K |
| Operating Expenses | 686.24M | 254.93M | 171.69M | 1.32B | 39.75M | 15.59M |
| Research & Development | 305.70M | 136.83M | 92.32M | 43.98M | 20.23M | 10.16M |
| Selling, General & Admin | 298.53M | 99.45M | 68.99M | 44.35M | 16.97M | 4.03M |
| Operating Income | -633.72M | -232.46M | -157.75M | -85.75M | -38.69M | -15.73M |
| Other Income (Expense) | 29.00K | -275.00K | -85.00K | 6.00K | 28.00K | — |
| Pretax Income | -556.69M | -331.59M | -157.72M | -48.51M | -106.19M | -15.42M |
| Income Tax | -44.57M | 59.00K | 48.00K | 0 | 0 | 0 |
| Net Income | -510.38M | -331.65M | -157.77M | -48.51M | -106.19M | -15.42M |
| Net Income growth (YoY) | — | — | — | — | — | — |
| EPS (Basic) | -1.82 | -1.56 | -0.78 | -0.25 | -0.77 | -0.13 |
| EPS (Diluted) | -1.82 | -1.56 | -0.78 | -0.25 | -0.77 | -0.13 |
| Shares Outstanding (Basic) | 280.35M | 213.03M | 202.58M | 197.73M | 137.61M | 115.05M |
| Shares Outstanding (Diluted) | 280.35M | 213.03M | 202.58M | 197.73M | 137.61M | 115.05M |
| EBITDA | -551.71M | -213.80M | -147.38M | -80.14M | -36.14M | -14.33M |
| Gross Margin | 40.40% | 52.18% | 63.22% | 99.76% | 50.45% | — |
| Operating Margin | -487.41% | -539.68% | -715.70% | -6.94% | -1843.12% | — |
| Net Margin | -392.55% | -769.96% | -715.77% | -3.93% | -5058.89% | — |
This table shows 6 annual periods of IonQ's income statement, from FY 2025 back to FY 2020, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow IONQ's reporting calendar. What is a income statement?