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IonQ IONQ Total Revenue

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Segments

By geography

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US$7.06M
CH$386.75K

By product

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Quantum Hardware$46.47M
Platform Consulting And Support Services$33.58M+407%

Other financials

Income statement

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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$14.93B-29.7%
Enterprise value$13.74B-34.9%
P/S60.6×-345×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$80,050$20,694$144,718$28,260
Costs and expenses:
Cost of revenue (excluding depreciation and amortization)60,1108,327109,36412,642
Research and development160,627103,359286,367143,312
Sales and marketing32,89510,87762,33119,487
General and administrative117,57448,107206,19071,913
Depreciation and amortization46,08710,61689,21617,177
Total operating costs and expenses417,293181,286753,468264,531

Item 1. Financial Statements

FAQ

What is IonQ's total revenue?
IonQ (IONQ) reported total revenue of $80.05M in Q2 2026.
How has IonQ's total revenue changed year-over-year?
IonQ's total revenue increased by 286.8% year-over-year, from $20.69M to $80.05M.
What is the long-term trend for IonQ's total revenue?
Over 4 years (2021 to 2025), IonQ's total revenue has grown at a 180.5% compound annual growth rate (CAGR), from $2.1M to $130.02M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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