Non-Current Assets

Long-term Prepaid Supply Agreements

IonQ Long-term Prepaid Supply Agreements increased by 0.3% to $14.29M in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests strategic investment in supply chain security, while a decrease may indicate the consumption of these prepayments or a shift in procurement strategy.

Detailed definition

These are advance payments made to suppliers for goods or services to be delivered over a period exceeding twelve months...

Peer comparison

Common in manufacturing industries requiring stable access to specialty raw materials.

Metric ID: prepaid_supply_agreements_noncurrent

Historical Data

2 periods
 Q4 '25Q1 '26
Value$14.25M$14.29M
QoQ Change+0.3%
Range$14.25M$14.29M

Frequently Asked Questions

What is IonQ's long-term prepaid supply agreements?
IonQ (IONQ) reported long-term prepaid supply agreements of $14.29M in Q1 2026.
What does long-term prepaid supply agreements mean?
Long-term advance payments made to secure future supply of materials.