Operating Income

Operating Income

IonQ Operating Income decreased by 18.8% to -$271.51M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 258.8%, from -$75.68M to -$271.51M. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a 101.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ1 2026May 7, 2026

How to read this metric

Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.

Detailed definition

Operating income is the profit realized from a company's core business operations after deducting all operating expenses...

Peer comparison

A standard benchmark for operational performance; peers are compared based on operating margin percentages.

Metric ID: operating_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$9.99M-$10.52M-$10.84M-$18.28M-$18.93M-$24.91M-$23.63M-$28.02M-$33.09M-$42.19M-$54.45M-$52.88M-$48.94M-$53.14M-$77.50M-$75.68M-$160.59M-$168.81M-$228.63M-$271.51M
QoQ Change-5.4%-3.0%-68.7%-3.5%-31.6%+5.2%-18.6%-18.1%-27.5%-29.0%+2.9%+7.4%-8.6%-45.9%+2.4%-112.2%-5.1%-35.4%-18.8%
YoY Change-89.5%-136.7%-118.0%-53.3%-74.8%-69.4%-130.5%-88.7%-47.9%-25.9%-42.3%-43.1%-228.1%-217.7%-195.0%-258.8%
Range-$271.51M-$9.99M
CAGR+100.4%
Avg YoY Growth-113.7%
Median YoY Growth-89.1%
Current Streak4 quarters decline

Frequently Asked Questions

What is IonQ's operating income?
IonQ (IONQ) reported operating income of -$271.51M in Q1 2026.
How has IonQ's operating income changed year-over-year?
IonQ's operating income decreased by 258.8% year-over-year, from -$75.68M to -$271.51M.
What is the long-term trend for IonQ's operating income?
Over 4 years (2021 to 2025), IonQ's operating income has grown at a 101.2% compound annual growth rate (CAGR), from -$38.69M to -$633.72M.
What does operating income mean?
The profit a company makes from its core business operations before interest and taxes.