What is IonQ's pre-tax income?

IonQ (IONQ) reported pre-tax income of $798.23M in Q1 2026.

How has IonQ's pre-tax income changed year-over-year?

IonQ's pre-tax income increased by 2575.9% year-over-year, from -$32.24M to $798.23M.

What is the long-term trend for IonQ's pre-tax income?

Over 3 years (2021 to 2024), IonQ's pre-tax income has grown at a 46.2% compound annual growth rate (CAGR), from -$106.19M to -$331.59M.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

IonQ IONQ Pre-Tax Income

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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$12.65B+7.1%

Enterprise value$12.18B+4.2%

P/S67.6×-158×

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 / equity0×0.0×

Current ratio14.1×+0.9×

Where this comes from

Reported directly by IonQ in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?: IonQ (IONQ) reported pre-tax income of $798.23M in Q1 2026.
How has IonQ's pre-tax income changed year-over-year?: IonQ's pre-tax income increased by 2575.9% year-over-year, from -$32.24M to $798.23M.
What is the long-term trend for IonQ's pre-tax income?: Over 3 years (2021 to 2024), IonQ's pre-tax income has grown at a 46.2% compound annual growth rate (CAGR), from -$106.19M to -$331.59M.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.