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IonQ IONQ EBITDA margin

EBITDA margin at other companies

International Business Machines logo
International Business MachinesIBM
25.6%+6.0pp
Qualcomm logo
QualcommQCOM
29.1%-2.1pp
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IQVIAIQV
21.2%-1.0pp
Quanta Services logo
Quanta ServicesPWR
8.9%0.0pp
Akamai Technologies logo
Akamai TechnologiesAKAM
29.2%-0.4pp
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 trailing twelve months.

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 EBITDA margin?
IonQ (IONQ) reported EBITDA margin of -380% in Q1 2026.
How has IonQ's EBITDA margin changed year-over-year?
IonQ's EBITDA margin increased by 30.1% year-over-year, from -543.5% to -380%.
What is the long-term trend for IonQ's EBITDA margin?
Over 4 years (2021 to 2025), IonQ's EBITDA margin has grown at a -29.5% compound annual growth rate (CAGR), from -1,721.7% to -424.3%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.