Operating
Net Income
IonQ Net Income increased by 176.2% to $804.61M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2594.8%, from -$32.25M to $804.61M. Over 3 years (FY 2021 to FY 2024), Net Income shows a downward trend with a 46.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase indicates higher profitability and operational success, while a decrease may signal rising costs or declining sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, taxes, and interest have been deduct...
Peer comparison
Standard across all public companies, though margins vary significantly by industry sector.
Metric ID:
net_income_cfHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $24.66M | $14.78M | -$138.29M | -$4.23M | -$1.65M | -$23.98M | -$18.65M | -$27.34M | -$43.72M | -$44.81M | -$41.90M | -$39.59M | -$37.56M | -$52.50M | -$202.00M | -$32.25M | -$177.53M | -$1.06B | $804.61M |
| QoQ Change | — | -40.1% | <-999% | +96.9% | +60.9% | <-999% | +22.2% | -46.6% | -59.9% | -2.5% | +6.5% | +5.5% | +5.1% | -39.8% | -284.8% | +84.0% | -450.4% | -494.6% | +176.2% |
| YoY Change | — | — | — | — | -106.7% | -262.3% | +86.5% | -546.7% | <-999% | -86.8% | -124.7% | -44.8% | +14.1% | -17.1% | -382.0% | +18.5% | -372.6% | <-999% | >999% |
Range-$1.06B – $804.61M
CAGR+117.0%
Avg YoY Growth-245.6%
Median YoY Growth-106.7%
Net Income at Other Companies
Frequently Asked Questions
- What is IonQ's net income?
- IonQ (IONQ) reported net income of $804.61M in Q1 2026.
- How has IonQ's net income changed year-over-year?
- IonQ's net income increased by 2594.8% year-over-year, from -$32.25M to $804.61M.
- What is the long-term trend for IonQ's net income?
- Over 3 years (2021 to 2024), IonQ's net income has grown at a 46.2% compound annual growth rate (CAGR), from -$106.19M to -$331.65M.
- What does net income mean?
- The total profit a company earns after all expenses and taxes are paid.