Current Assets
Total Current Assets
IonQ Total Current Assets decreased by 11.0% to $2.30B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 261.5%, from $636.98M to $2.30B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 131.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ3 2020
Last reportedQ1 2026May 7, 2026
How to read this metric
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
Detailed definition
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Peer comparison
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
Metric ID:
total_current_assetsHistorical Data
20 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $711.71K | $597.85M | $529.62M | $422.30M | $430.25M | $416.64M | $371.63M | $402.34M | $391.33M | $403.84M | $389.99M | $409.93M | $404.86M | $395.40M | $378.80M | $636.98M | $625.89M | $1.22B | $2.59B | $2.30B |
| QoQ Change | — | >999% | -11.4% | -20.3% | +1.9% | -3.2% | -10.8% | +8.3% | -2.7% | +3.2% | -3.4% | +5.1% | -1.2% | -2.3% | -4.2% | +68.2% | -1.7% | +94.2% | +112.8% | -11.0% |
| YoY Change | — | — | — | — | >999% | -30.3% | -29.8% | -4.7% | -9.0% | -3.1% | +4.9% | +1.9% | +3.5% | -2.1% | -2.9% | +55.4% | +54.6% | +207.4% | +582.8% | +261.5% |
Range$711.71K – $2.59B
CAGR+448.2%
Avg YoY Growth>999%
Median YoY Growth+2.7%
Total Current Assets at Other Companies
Frequently Asked Questions
- What is IonQ's total current assets?
- IonQ (IONQ) reported total current assets of $2.30B in Q1 2026.
- How has IonQ's total current assets changed year-over-year?
- IonQ's total current assets increased by 261.5% year-over-year, from $636.98M to $2.30B.
- What is the long-term trend for IonQ's total current assets?
- Over 5 years (2020 to 2025), IonQ's total current assets has grown at a 131.9% compound annual growth rate (CAGR), from $38.58M to $2.59B.
- What does total current assets mean?
- The total value of all assets that can be turned into cash within one year.