IonQ Quarterly Income Statement
NYSE: IONQTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
IonQ revenue and earnings
In the quarter ended Jun 30, 2026, IonQ generated $80.0 million in revenue, up 286.8% from the same quarter a year earlier. IonQ reported a net loss of $1.87 billion, compared with a loss of $176.8 million a year earlier. Gross margin was 24.9% (down from 59.8%) and operating margin -421.3%.
Diluted earnings per share came in at -$5.08.
Summary generated from market data by MetaCap's automated system. Methodology
IonQ income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 80.05M | 64.67M | 61.89M | 39.87M | 20.69M | 7.57M | 11.71M | 12.40M | 11.38M | 7.58M | 6.11M | 6.14M |
| Revenue growth (YoY) | +286.83% | +754.72% | +428.52% | +221.50% | +81.83% | -0.21% | +91.78% | +102.09% | +106.36% | +76.94% | — | -96.28% |
| Cost of Revenue | 60.11M | 49.25M | 43.59M | 21.25M | 8.33M | 4.32M | 5.04M | 6.51M | 5.62M | 3.41M | 3.16M | 2.01M |
| Gross Profit | 19.94M | 15.41M | 18.30M | 18.61M | 12.37M | 3.25M | 6.67M | 5.88M | 5.76M | 4.17M | 2.94M | 4.13M |
| Operating Expenses | 357.18M | 286.92M | 246.93M | 187.43M | 172.96M | 78.93M | 84.17M | 59.02M | 54.70M | 57.04M | 57.39M | 46.32M |
| Research & Development | 160.63M | 125.74M | 96.09M | 66.30M | 103.36M | 39.95M | 40.08M | 33.18M | 31.20M | 32.37M | 31.62M | 24.60M |
| Selling, General & Admin | 150.47M | 118.05M | 110.19M | 96.95M | 58.98M | 32.42M | 38.59M | 20.95M | 19.19M | 20.72M | 22.27M | 18.97M |
| Operating Income | -337.24M | -271.51M | -228.63M | -168.81M | -160.59M | -75.68M | -77.50M | -53.13M | -48.94M | -52.88M | -54.45M | -42.19M |
| Other Income (Expense) | 79.71M | -16.13M | 726.00K | -980.00K | 232.00K | 51.00K | -111.00K | 15.00K | -45.00K | -134.00K | -235.00K | 55.00K |
| Pretax Income | -1.87B | 798.23M | 728.40M | -1.06B | -192.80M | -32.24M | -201.98M | -52.48M | -37.55M | -39.58M | -41.90M | -44.77M |
| Income Tax | -6.07M | -6.38M | -24.88M | -4.44M | -15.27M | 12.00K | 20.00K | 16.00K | 15.00K | 8.00K | 9.00K | 39.00K |
| Net Income | -1.87B | 805.36M | 753.67M | -1.05B | -176.84M | -32.25M | -202.00M | -52.50M | -37.56M | -39.59M | -41.90M | -44.81M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | -5.08 | 2.19 | 2.60 | -3.58 | -0.70 | -0.14 | -0.95 | -0.24 | -0.18 | -0.19 | -0.20 | -0.22 |
| EPS (Diluted) | -5.08 | 2.07 | 2.60 | -3.58 | -0.70 | -0.14 | -0.95 | -0.24 | -0.18 | -0.19 | -0.20 | -0.22 |
| Shares Outstanding (Basic) | 367.66M | 358.82M | — | 294.52M | 250.97M | 228.76M | — | 214.31M | 211.64M | 208.16M | — | 203.39M |
| Shares Outstanding (Diluted) | 367.66M | 371.23M | — | 294.52M | 250.97M | 228.76M | — | 214.31M | 211.64M | 208.16M | — | 203.39M |
| EBITDA | -291.16M | -228.38M | -187.99M | -144.63M | -149.98M | -69.12M | -72.00M | -48.24M | -44.64M | -48.92M | -50.94M | -39.45M |
| Gross Margin | 24.91% | 23.84% | 29.56% | 46.69% | 59.76% | 42.97% | 56.92% | 47.46% | 50.59% | 54.97% | 48.20% | 67.28% |
| Operating Margin | -421.29% | -419.85% | -369.42% | -423.45% | -776.03% | -1000.25% | -661.85% | -428.51% | -430.02% | -697.39% | -891.71% | -687.65% |
| Net Margin | -2333.22% | 1245.38% | 1217.75% | -2646.25% | -854.54% | -426.28% | -1725.00% | -423.35% | -330.03% | -522.18% | -686.28% | -730.30% |
This table shows 12 quarterly periods of IonQ's income statement, from Q2 2026 back to Q3 2023, 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?