IONQ
$43.99+0.30%
as of close, Oct 1, 2026
☾ AH $43.99 +0.30%
IonQ Inc.Stock · TechnologyRussell 1000 0.03%Russell 3000 0.03%US Stock Market 0.02%MSCI World 0.02%MSCI ACWI 0.01%
IONQ financial statements
The full income statement, balance sheet, and cash-flow statement for IonQ Inc. (IONQ), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 214.1M2024-09 216.4M2024-12 222.8M2025-03 247.8M2025-06 296.8M2025-09 325.3M2025-12 366.6M2026-03 373.3M2026-06 381.0M+78.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 130M+201.9% | 43.1M+95.4% | 22.0M+98.0% | 11.1M+430.3% | 2.10M | |
| Research & development | 306M+123.4% | 137M+48.2% | 92.3M+109.9% | 44.0M+117.4% | 20.2M+99.2% | |
| Selling, general & administrative | 245M+244.9% | 71.1M+40.1% | 50.7M+41.0% | 36.0M+161.8% | 13.7M+287.3% | |
| General & administrative | 245M+244.9% | 71.1M+40.1% | 50.7M+41.0% | 36.0M+161.8% | 13.7M+287.3% | |
| Selling & marketing | 53.4M+88.2% | 28.4M+55.4% | 18.3M+117.9% | 8.38M+159.4% | 3.23M+565.2% | |
| Amortization of intangibles | 52.8M+842.9% | 5.60M+75.0% | 3.20M+100.0% | 1.60M+100.0% | 800K | |
| Operating income | -634M-172.6% | -232M-47.4% | -158M-84.0% | -85.7M-121.6% | -38.7M-145.9% | |
| Net interest income | 56.0M+206.8% | 18.2M-5.6% | 19.3M+172.4% | 7.09M+10982.8% | 64.0K | |
| Other non-operating income | 29.0K+110.5% | -275K-223.5% | -85.0K-1516.7% | 6.00K-78.6% | 28.0K | |
| Pre-tax income | -557M-67.9% | -332M-110.2% | -158M-225.1% | -48.5M+54.3% | -106M-588.4% | |
| Income tax | -44.6M-75645.8% | 59.0K+22.9% | 48.0K | 0.00 | 0.00 | |
| -510M-53.9% | -332M-110.2% | -158M-225.2% | -48.5M+54.3% | -106M-588.4% | ||
| Net income to non-controlling interest | -1.74M | 0.00 | 0.00 | — | — | |
| -$1.82-16.7% | -$1.56-100.0% | -$0.78-212.0% | -$0.25+67.5% | -$0.77 | ||
| EPS (basic) | -$1.82-16.7% | -$1.56-100.0% | -$0.78-212.0% | -$0.25+67.5% | -$0.77 | |
| Weighted-avg shares (basic) | 280M+31.6% | 213M+5.2% | 203M+2.5% | 198M+43.7% | 138M | |
| Weighted-avg shares (diluted) | 280M+31.6% | 213M+5.2% | 203M+2.5% | 198M+43.7% | 138M | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.59B+582.8% | 379M-2.9% | 390M+4.9% | 372M-29.8% | 530M+1272.8% | ||
| Cash & equivalents | 1.03B+1795.2% | 54.4M+52.5% | 35.7M-19.6% | 44.4M-88.9% | 399M+1004.7% | |
| Short-term investments | 1.36B+376.1% | 286M-10.6% | 320M+2.7% | 311M+152.3% | 123M | |
| Accounts receivable | 66.5M+553.0% | 10.2M-11.2% | 11.5M+248.3% | 3.29M+365.6% | 707K+81.3% | |
| Inventory | 10.3M | 0.00 | — | — | — | |
| Prepaid expenses | 128M+351.0% | 28.3M+22.7% | 23.1M+84.1% | 12.5M+94.6% | 6.44M+211.4% | |
| Other current assets | 25.1M+882.7% | 2.56M-8.7% | 2.80M-18.2% | 3.42M | — | |
| 6.57B+1192.4% | 508M-8.2% | 554M-7.4% | 598M-6.9% | 642M+961.6% | ||
| Property, plant & equipment | 120M+127.7% | 52.8M+40.6% | 37.5M+44.2% | 26.0M+37.9% | 18.9M+57.4% | |
| Operating lease right-of-use | 22.7M+140.0% | 9.47M+105.3% | 4.61M+22.9% | 3.75M-6.9% | 4.03M-6.1% | |
| Goodwill | 1.96B+19726.2% | 9.90M+1234.8% | 742K+0.0% | 742K | 0.00 | |
| Intangible assets | 767M+2504.2% | 29.5M+95.5% | 15.1M+68.6% | 8.94M+53.1% | 5.84M+117.4% | |
| Long-term investments | 945M+3912.1% | 23.5M-76.6% | 100M-44.8% | 182M+127.2% | 80.1M | |
| Other non-current assets | 165M+3627.5% | 4.44M-13.9% | 5.16M+5.0% | 4.91M+38.0% | 3.56M+21.5% | |
| 167M+362.3% | 36.1M-2.9% | 37.2M+84.3% | 20.2M+108.0% | 9.69M+415.2% | ||
| Accounts payable | 26.1M+399.8% | 5.23M-6.6% | 5.60M+83.3% | 3.06M+62.3% | 1.88M+249.8% | |
| Accrued liabilities | 89.7M+433.7% | 16.8M-8.5% | 18.4M+176.1% | 6.66M+151.4% | 2.65M+335.4% | |
| Deferred revenue | 42.1M+294.4% | 10.7M-11.7% | 12.1M+38.5% | 8.73M+154.5% | 3.43M+1329.2% | |
| Current lease liability | 8.85M+162.9% | 3.37M+374.1% | 710K+20.1% | 591K+4.0% | 568K+14.7% | |
| 2.76B+2113.7% | 125M+81.6% | 68.6M+130.3% | 29.8M-41.4% | 50.8M+649.8% | ||
| Deferred revenue (non-current) | 1.92M | 0.00-100.0% | 447K-62.8% | 1.20M-21.7% | 1.53M+37.1% | |
| Non-current lease liability | 21.2M+47.4% | 14.4M+94.2% | 7.39M+113.8% | 3.46M-5.1% | 3.64M-3.5% | |
| Operating lease liability (total) | 30.0M+69.4% | 17.7M+118.7% | 8.11M+100.1% | 4.05M-3.8% | 4.21M | |
| Deferred tax liabilities | 85.7M | 0.00 | — | — | — | |
| Other non-current liabilities | 95.2M+2704.1% | 3.39M+2551.6% | 128K-57.8% | 303K | 0.00 | |
| 3.80B+889.8% | 384M-20.9% | 485M-14.6% | 568M-3.9% | 591M+1000.9% | ||
| Common stock | 36.0K+63.6% | 22.0K+10.0% | 20.0K+0.0% | 20.0K+5.3% | 19.0K+533.3% | |
| Additional paid-in capital | 5.01B+369.0% | 1.07B+27.2% | 839M+9.0% | 770M+4.4% | 737M+690.0% | |
| Retained earnings | -1.19B-74.6% | -684M-94.2% | -352M-81.2% | -194M-33.3% | -146M-268.1% | |
| Accumulated other comprehensive income | -12.7M-8170.7% | 157K+108.0% | -1.97M+73.3% | -7.36M-4869.6% | -148K | |
| Non-controlling interest | 14.2M | 0.00 | — | — | — | |
| Total equity incl. non-controlling | 3.81B+893.5% | 384M-20.9% | 485M-14.6% | 568M | — | |
| Total liabilities & equity | 6.57B+1192.4% | 508M-8.2% | 554M-7.4% | 598M-6.9% | 642M+961.6% | |
| Common shares issued | 363M+63.4% | 222M+7.4% | 207M+3.4% | 200M+2.2% | 196M+65.6% | |
| Common shares outstanding | 363M+63.4% | 222M+7.4% | 207M+3.4% | 200M+2.2% | 196M+65.6% | |
| Shares outstanding (cover) | 367M+64.5% | 223M+7.0% | 208M+3.3% | 202M+2.0% | 198M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -283M-168.0% | -106M-34.1% | -78.8M-76.3% | -44.7M-68.4% | -26.5M-121.0% | ||
| Depreciation & amortization | 82.0M+339.6% | 18.7M+79.8% | 10.4M+85.1% | 5.60M+119.9% | 2.55M+82.0% | |
| Intangible amortization | 52.8M+842.9% | 5.60M+75.0% | 3.20M+100.0% | 1.60M+100.0% | 800K | |
| Share-based compensation | 312M+192.0% | 107M+53.2% | 69.7M+121.7% | 31.5M+306.0% | 7.75M+533.0% | |
| Deferred income taxes | -44.9M | 0.00 | 0.00 | 0.00 | — | |
| Change in receivables | 37.7M+2441.0% | -1.61M-119.7% | 8.18M+441.4% | 1.51M+376.3% | 317K+9.3% | |
| Change in payables | -7.64M-1170.5% | -601K-127.5% | 2.19M+106.4% | 1.06M+38.9% | 763K+694.8% | |
| -2.10B-2632.4% | 82.7M+20.3% | 68.8M+122.3% | -309M-44.6% | -214M-1731.0% | ||
| Capital expenditure | 16.4M-8.8% | 18.0M+31.3% | 13.7M+46.8% | 9.34M+20.0% | 7.78M-22.4% | |
| Free cash flow | -300M-142.3% | -124M-33.7% | -92.5M-71.2% | -54.0M-57.4% | -34.3M-55.7% | |
| Acquisitions | -523K-103.4% | 15.5M | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | 683M+63.3% | 418M+8.1% | 387M+24.7% | 310M | 0.00 | |
| Other investing activities | 4.22M-24.3% | 5.58M-4.6% | 5.85M | — | — | |
| 3.36B+7956.7% | 41.7M+2267.2% | 1.76M+60.7% | 1.10M-99.8% | 603M+218460.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 3.31B | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 7.88M+3211.3% | 238K+203.5% | -230K-1250.0% | 20.0K | — | |
| FX effect on cash | 581K+2224.0% | 25.0K+1350.0% | -2.00K | 0.00 | — | |
| Net change in cash | 981M+5129.0% | 18.8M+326.4% | -8.29M+97.7% | -353M-197.2% | 363M+1650.4% | |
| Income taxes paid | 0.00 | 0.00 | 0.00 | — | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 16.5B+76.7% | 9.31B+267.0% | 2.54B+267.7% | 690M-79.1% | 3.30B | |
| P/S | 126.5×-41.4% | 216.1×+68.2% | 128.5×+67.1% | 76.9×-95.1% | 1572.7× | |
| P/B | 4.3×-82.1% | 24.2×+376.6% | 5.1×+324.5% | 1.2×-78.5% | 5.6× | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: IONQ’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IONQ filings on SEC EDGAR → Not investment advice.