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IonQ IONQ Market capitalization

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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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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
Debt / equity0.0×
Current ratio14.1×+0.9×

Where this comes from

Computed from the period-end share price: $10.57B.

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 market capitalization?
IonQ (IONQ) reported market capitalization of $10.57B in Q1 2026.
How has IonQ's market capitalization changed year-over-year?
IonQ's market capitalization increased by 100.5% year-over-year, from $5.27B to $10.57B.
What is the long-term trend for IonQ's market capitalization?
Over 4 years (2021 to 2025), IonQ's market capitalization has grown at a 53.1% compound annual growth rate (CAGR), from $9.4B to $51.73B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.