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IonQ IONQ Operating Lease ROU Assets

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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$14.83B+23.5%
Enterprise value$13.64B+14.7%
P/S60.2×-169×

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:OperatingLeaseWeightedAverageDiscountRatePercent.

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

The Company has operating leases for its facilities. As of June 30, 2026 and December 31, 2025, the Company’s weighted-average remaining lease term was 6.2 years and 4.5 years, respectively. As of June 30, 2026 and December 31, 2025, the weighted-average discount rate was 6.7% and 7.6%, respectively.

Item 1. Financial Statements

FAQ

What is IonQ's operating lease ROU assets?
IonQ (IONQ) reported operating lease ROU assets of 6.7% in Q2 2026.
How has IonQ's operating lease ROU assets changed year-over-year?
IonQ's operating lease ROU assets decreased by 14.1% year-over-year, from 7.8% to 6.7%.
What is the long-term trend for IonQ's operating lease ROU assets?
Over 5 years (2020 to 2025), IonQ's operating lease ROU assets has grown at a -97.2% compound annual growth rate (CAGR), from 429,600,000% to 7.6%.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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