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IonQ IONQ US — Non-Current Assets

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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×
Current ratio14.1×+0.9×

Where this comes from

Reported directly by IonQ in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The official record: IonQ’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IonQ's US — non-current assets?
IonQ (IONQ) reported US — non-current assets of $124.57M in Q4 2025.
What does US — non-current assets mean?
This metric measures the long-term assets held by the company within the United States, including property, plant, equipment, and capitalized research and development infrastructure. It reflects the capital intensity required to maintain and expand quantum computing hardware capabilities. Investors use this to evaluate the scale of the company's physical and intellectual infrastructure investments.