Revenue

Total Revenue

IonQ Total Revenue increased by 4.5% to $64.67M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 754.7%, from $7.57M to $64.67M. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 180.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase indicates market expansion or higher demand, while a decrease may signal market saturation or competitive pressure.

Detailed definition

Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the com...

Peer comparison

Standard across all public companies; peers in the medical device and diagnostics sector typically show steady growth correlated with product adoption.

Metric ID: total_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$93.00K$233.00K$1.65M$1.95M$2.61M$2.76M$3.81M$4.29M$5.52M$6.14M$6.11M$7.58M$11.38M$12.40M$11.71M$7.57M$20.69M$39.87M$61.89M$64.67M
QoQ Change+150.5%+607.3%+18.5%+33.5%+5.9%+37.8%+12.6%+28.7%+11.3%-0.5%+24.2%+50.1%+9.0%-5.6%-35.4%+173.5%+92.6%+55.2%+4.5%
YoY Change>999%>999%+131.0%+119.4%+111.5%+122.1%+60.4%+76.9%+106.4%+102.1%+91.8%-0.2%+81.8%+221.5%+428.5%+754.7%
Range$93.00K$64.67M
CAGR+296.6%
Avg YoY Growth+387.4%
Median YoY Growth+115.4%
Current Streak4 quarters growth

Product Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Quantum Hardware$35.71M
Platform Consulting And Support Services$4.04M$6.06M$7.42M$4.50M$6.63M$18.28M$31.62M$28.96M
Quantum Computing And Networking Hardware$14.07M$21.58M
Specialized Quantum Computing Hardware$7.34M$6.35M$4.29M$3.06M
Total$11.38M$12.40M$11.71M$7.57M$20.69M$39.87M$61.89M$64.67M

Quantum Computing And Networking Hardware, Specialized Quantum Computing Hardware were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — US

View all
SegmentQ1 '24
US$7.06M
Total$7.58M

Geographic Breakdown — Non Us

View all
SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non Us$520.00K$428.00K$505.00K$538.00K$4.70M$11.12M$8.05M$11.34M
Total$7.58M$11.38M$12.40M$7.57M$20.69M$39.87M$61.89M$64.67M

Frequently Asked Questions

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 $2.10M to $130.02M.
What does total revenue mean?
The total amount of money a company brings in from its primary business activities before any expenses.