Other
Letters of Credit Outstanding, Amount
IonQ Letters of Credit Outstanding, Amount increased by 1.9% to $5.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 130.4%, from $2.30M to $5.30M. Over 3 years (FY 2022 to FY 2025), Letters of Credit Outstanding, Amount shows an upward trend with a 37.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase suggests higher reliance on external credit facilities to support operational or contractual obligations.
Detailed definition
This represents the total face value of letters of credit issued by the company to guarantee performance or payment to t...
Peer comparison
Common in capital-intensive industries; reflects the company's ability to secure credit and manage counterparty risk.
Metric ID:
other_letters_of_credit_outstanding_amountHistorical Data
14 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.00M | $2.00M | $2.10M | $2.10M | $2.10M | $2.10M | $2.10M | $2.10M | $2.10M | $2.30M | $2.30M | $5.20M | $5.20M | $5.30M |
| QoQ Change | — | +0.0% | +5.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +9.5% | +0.0% | +126.1% | +0.0% | +1.9% |
| YoY Change | — | — | — | — | +5.0% | +5.0% | +0.0% | +0.0% | +0.0% | +9.5% | +9.5% | +147.6% | +147.6% | +130.4% |
Range$2.00M – $5.30M
CAGR+35.0%
Avg YoY Growth+45.5%
Median YoY Growth+7.3%
Current Streak13+ quarters growth
Letters of Credit Outstanding, Amount at Other Companies
Frequently Asked Questions
- What is IonQ's letters of credit outstanding, amount?
- IonQ (IONQ) reported letters of credit outstanding, amount of $5.30M in Q1 2026.
- How has IonQ's letters of credit outstanding, amount changed year-over-year?
- IonQ's letters of credit outstanding, amount increased by 130.4% year-over-year, from $2.30M to $5.30M.
- What is the long-term trend for IonQ's letters of credit outstanding, amount?
- Over 3 years (2022 to 2025), IonQ's letters of credit outstanding, amount has grown at a 37.5% compound annual growth rate (CAGR), from $2.00M to $5.20M.
- What does letters of credit outstanding, amount mean?
- The total amount of bank-guaranteed payments the company has committed to.