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IonQ IONQ Net 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%
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$16B+25.3%
Enterprise value$15.53B+22.8%
P/S85.5×-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:NetIncomeLoss.

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 net income?
IonQ (IONQ) reported net income of $805.36M in Q1 2026.
How has IonQ's net income changed year-over-year?
IonQ's net income increased by 2597.1% year-over-year, from -$32.25M to $805.36M.
What is the long-term trend for IonQ's net income?
Over 3 years (2021 to 2024), IonQ's net income has grown at a 46.2% compound annual growth rate (CAGR), from -$106.19M to -$331.65M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.