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IonQ IONQ Debt-to-equity

Debt-to-equity at other companies

International Business Machines logo
International Business MachinesIBM
2.3×-0.4×
Qualcomm logo
QualcommQCOM
0.5×0.0×
Quanta Services logo
Quanta ServicesPWR
0.7×+0.1×
Akamai Technologies logo
Akamai TechnologiesAKAM
0.4×+0.1×
Quest Diagnostics logo
Quest DiagnosticsDGX
0.9×-0.1×
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$20.41B+100%
Enterprise value$19.94B+97.0%
P/S109.1×-127×

Profitability

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

Returns & leverage

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Return on equity-108.2%-223pp
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-equity?
IonQ (IONQ) reported debt-to-equity of 0× in Q1 2026.
How has IonQ's debt-to-equity changed year-over-year?
IonQ's debt-to-equity decreased by 73.1% year-over-year, from 0× to 0×.
What is the long-term trend for IonQ's debt-to-equity?
Over 3 years (2022 to 2025), IonQ's debt-to-equity has grown at a 28.3% compound annual growth rate (CAGR), from 0× to 0.1×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.