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IonQ IONQ Operating Lease Liability - Undiscounted Excess Amount

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Other financials

Income statement

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Revenue$80.1M+287%
Gross profit$19.9M+61.2%
Operating income-$337.2M-110%
Net income-$1.9B-956%
EPS (diluted)-$5.08-626%

Balance sheet

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Cash & equivalents$1.2B+766%
Total debt$54.5M+183%
Total equity$3.3B+186%
Total assets$6.8B+403%

Cash flow

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Operating cash flow-$103.8M-97.4%
CapEx$10.2M+756%
Free cash flow-$114.0M-112%

Valuation

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Market cap$17.23B+29.2%
Enterprise value$16.04B+21.4%
P/S69.9×-185×

Profitability

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Gross margin29.3%-24.5pp
Operating margin-408.2%-120pp
Net margin-1,836.3%-2,750pp
FCF margin-196.3%-49.5pp

Returns & leverage

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Return on equity-108.2%-223pp
Debt / equity0.0×
Current ratio10.7×+2.9×

Where this comes from

Reported directly by IonQ in its filing.

Tagged under the XBRL concept us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

The source filing: IonQ’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 6:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-341001
Year Ending December 31,Amount
202812,852
202910,824
20307,812
Thereafter19,410
Total lease payments$71,095
Less: imputed interest(12,645)
Less: lease incentives(3,952)
Present value of operating lease liabilities$54,498

Item 1. Financial Statements

FAQ

What is IonQ's operating lease liability - undiscounted excess amount?
IonQ (IONQ) reported operating lease liability - undiscounted excess amount of $12.65M in Q2 2026.
How has IonQ's operating lease liability - undiscounted excess amount changed year-over-year?
IonQ's operating lease liability - undiscounted excess amount increased by 251.3% year-over-year, from $3.6M to $12.65M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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