Tax
Income Tax
IonQ Income Tax increased by 74.3% to -$6.38M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 53283.3%, from $12.00K to -$6.38M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ3 2020
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
Metric ID:
income_tax_expenseHistorical 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $39.00K | $9.00K | $8.00K | $15.00K | $16.00K | $20.00K | $12.00K | -$15.27M | -$4.44M | -$24.88M | -$6.38M |
| QoQ Change | — | — | — | — | — | — | — | — | — | — | -76.9% | -11.1% | +87.5% | +6.7% | +25.0% | -40.0% | <-999% | +70.9% | -460.5% | +74.3% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | — | — | -59.0% | +122.2% | +50.0% | <-999% | <-999% | <-999% | <-999% |
Range-$24.88M – $39.00K
Avg YoY Growth<-999%
Median YoY Growth<-999%
Income Tax at Other Companies
Frequently Asked Questions
- What is IonQ's income tax?
- IonQ (IONQ) reported income tax of -$6.38M in Q1 2026.
- How has IonQ's income tax changed year-over-year?
- IonQ's income tax decreased by 53283.3% year-over-year, from $12.00K to -$6.38M.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.