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IonQ IONQ Debt-to-assets

Debt-to-assets at other companies

International Business Machines logo
International Business MachinesIBM
0.5×0.0×
Qualcomm logo
QualcommQCOM
0.3×0.0×
IQVIA logo
IQVIAIQV
0.5×0.0×
Quanta Services logo
Quanta ServicesPWR
0.2×0.0×
Akamai Technologies logo
Akamai TechnologiesAKAM
0.2×0.0×
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$64.7M+755%
Gross profit$15.4M+374%
Operating income-$271.5M-259%
Net income$805.4M+2,597%
EPS (diluted)$2.07+1,579%

Balance sheet

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Cash & equivalents$501.4M+209%
Total debt$30.4M+75.4%
Total equity$5.0B+550%
Total assets$6.7B+687%

Cash flow

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Operating cash flow-$151.0M-357%
CapEx$8.4M+263%
Free cash flow-$159.4M-351%

Valuation

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Market cap$21.11B+100%
Enterprise value$20.64B+97.0%
P/S112.8×-132×

Profitability

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Gross margin34.6%-15.5pp
Operating margin-443.3%-89.3pp
Net margin-1,836.3%-2,750pp
FCF margin-226.4%-49.5pp

Returns & leverage

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Return on equity-108.2%-223pp
Debt / equity0.0×
Current ratio14.1×+0.9×

Where this comes from

Calculated from IonQ’s reported figures.

Based on the most recent quarter.

The official record: IonQ’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IonQ's debt-to-assets?
IonQ (IONQ) reported debt-to-assets of 0× in Q1 2026.
How has IonQ's debt-to-assets changed year-over-year?
IonQ's debt-to-assets decreased by 77.9% year-over-year, from 0× to 0×.
What is the long-term trend for IonQ's debt-to-assets?
Over 5 years (2020 to 2025), IonQ's debt-to-assets has grown at a -42.1% compound annual growth rate (CAGR), from 0.1× to 0×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.