What is IonQ's total revenue?

IonQ (IONQ) reported total revenue of $64.67M in Q1 2026.

How has IonQ's total revenue changed year-over-year?

IonQ's total revenue increased by 754.7% year-over-year, from $7.57M to $64.67M.

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.

IonQ IONQ Total Revenue

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Infleqtion INFQ

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Segments

By geography

See full

US$7.06M—

CH$386.75K—

By product

See full

Quantum Hardware$35.71M—

Platform Consulting And Support Services$28.96M+543%

Other financials

Income statement

See full

Gross profit$15.4M+374%

Operating income-$271.5M-259%

Net income$805.4M+2,597%

EPS (diluted)$2.07+1,579%

Balance sheet

See full

Cash & equivalents$501.4M+209%

Total debt$30.4M+75.4%

Total equity$5.0B+550%

Total assets$6.7B+687%

Cash flow

See full

Operating cash flow-$151.0M-357%

CapEx$8.4M+263%

Free cash flow-$159.4M-351%

Valuation

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Market cap$16B+25.3%

Enterprise value$15.53B+22.8%

P/S85.5×-158×

Profitability

See full

Gross margin34.6%-15.5pp

Operating margin-443.3%-89.3pp

Net margin-1,836.3%-2,750pp

FCF margin-226.4%-49.5pp

Returns & leverage

See full

Return on equity-108.2%-223pp

Debt / equity0×0.0×

Current ratio14.1×+0.9×

Where this comes from

Reported directly by IonQ in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: IonQ’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IonQ's total revenue?: IonQ (IONQ) reported total revenue of $64.67M in Q1 2026.
How has IonQ's total revenue changed year-over-year?: IonQ's total revenue increased by 754.7% year-over-year, from $7.57M to $64.67M.
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.