Financials in USD. Standardized financial statements.
A compact view of how IonQ, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $130.02M | $43.07M | $22.04M | $11.13M | $2.10M | $0 | $200,000 |
| Revenue Growth? | +201.9% | +95.4% | +98.0% | +430.3% | 0.0% | -100.0% | 0.0% |
| Cost of Revenue? | $77.49M | $20.60M | $8.11M | $8.55M | $3.59M | $1.40M | $88,000 |
| Gross Profit? | $52.53M | $22.48M | $13.93M | $2.58M | -$1.49M | -$1.40M | $112,000 |
| Gross Margin? | +40.4% | +52.2% | +63.2% | +23.2% | -70.9% | 0.0% | +56.0% |
| Operating Expenses? | $686.24M | $254.93M | $171.69M | $88.33M | $37.20M | $14.33M | $9.37M |
| Operating Income? | -$633.72M | -$232.46M | -$157.75M | -$85.75M | -$38.69M | -$15.73M | -$9.26M |
| EBITDA? | -$474.69M | -$213.80M | -$147.38M | -$42.91M | -$103.64M | -$14.02M | -$8.85M |
| Income Before Tax | -$556.69M | -$331.59M | -$157.72M | -$48.51M | -$106.19M | -$15.42M | -$8.93M |
| Income Tax Expense | -$44.57M | $59,000 | $48,000 | $0 | $0 | $0 | $0 |
| Net Income? | -$510.38M | -$331.65M | -$157.77M | -$48.51M | -$106.19M | -$15.42M | -$8.94M |
| EPS? | $-1.82 | $-1.56 | $-0.78 | $-0.25 | $-0.55 | $-0.08 | $-2.24 |
| Diluted EPS? | $-1.82 | $-1.56 | $-0.78 | $-0.25 | $-0.55 | $-0.08 | $-2.24 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality