Non-Current Assets

PP&E (Net)

IonQ PP&E (Net) increased by 10.1% to $132.31M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 156.2%, from $51.64M to $132.31M. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 58.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.73M$18.87M$21.13M$24.87M$25.07M$26.01M$26.49M$29.09M$35.36M$37.52M$42.38M$47.88M$49.45M$52.76M$51.64M$58.56M$119.56M$120.15M$132.31M
QoQ Change+12.8%+12.0%+17.7%+0.8%+3.8%+1.8%+9.8%+21.5%+6.1%+13.0%+13.0%+3.3%+6.7%-2.1%+13.4%+104.2%+0.5%+10.1%
YoY Change+49.8%+37.9%+25.4%+17.0%+41.1%+44.2%+60.0%+64.6%+39.9%+40.6%+21.9%+22.3%+141.8%+127.7%+156.2%
Range$16.73M$132.31M
CAGR+58.3%
Avg YoY Growth+59.3%
Median YoY Growth+41.1%
Current Streak4 quarters growth

Geographic Breakdown — US

View all
SegmentQ4 '23
CH$0.00
Total$37.52M

CH was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Europe

View all
SegmentQ4 '25
Europe$17.76M
Non Us$540.00K
Total$120.15M

Frequently Asked Questions

What is IonQ's pp&e (net)?
IonQ (IONQ) reported pp&e (net) of $132.31M in Q1 2026.
How has IonQ's pp&e (net) changed year-over-year?
IonQ's pp&e (net) increased by 156.2% year-over-year, from $51.64M to $132.31M.
What is the long-term trend for IonQ's pp&e (net)?
Over 5 years (2020 to 2025), IonQ's pp&e (net) has grown at a 58.6% compound annual growth rate (CAGR), from $11.99M to $120.15M.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.