IonQ, Inc.

IONQ Technology Computer Hardware

IonQ, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $130.0 million, up 201.9% from fiscal 2024.

Revenue
+336.0%
EPS
+139.7%
Free cash flow
−142.4%

Quarter to September 2026, against a year earlier

32.02 5.59 +21.15%
Market cap
$11.4B
P/E
40.8×
Fwd P/E
−7.5×
Dividend yield
—
F-score
4/9
Altman Z
2.63
Beneish M
1.69
Dividend safety
n/a

IonQ, Inc. (IONQ) Current ratio

Alert me on Current ratio

IonQ, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 4.2×, down 11.3× from fiscal 2025 (15.5×). Over the past ten years it has ranged from 10.5× (fiscal 2023) to 54.7× (fiscal 2021); the current reading is higher than 50% of that period. That is above the Computer Hardware industry median of 2.8× and above the Technology sector median of 1.9×.

Current ratio, annual

Embed this chart

Annual newest first

Period Current ratio Change
FY2025 15.5× 47.69%
FY2024 10.5× 0.04%
FY2023 10.5× (43.07%)
FY2022 18.4× (66.27%)
FY2021 54.7× 166.46%
FY2020 20.5× —

Quarterly newest first

Period Current ratio Change
Sep 2026 4.2× (60.25%)
Jun 2026 10.7× (24.14%)
Mar 2026 14.1× (9.37%)
Dec 2025 15.5× 77.68%
21 more quarters

Against its own ten years

Low 10.5× High 54.7×
Ten-year median 17.0×
Current reading's percentile 50

Current ratio against peers

Company Current ratio
QBTS D-Wave Quantum Inc. compare 20.5×
IQMX IQM Quantum Computers Oyj compare 9.1×
IONQ IonQ, Inc. 4.2×
RGTI Rigetti Computing, Inc. compare 3.9×
SMCI Super Micro Computer, Inc. compare 3.0×
CRCT Cricut, Inc. compare 2.4×
LOGI Logitech International S.A. compare 2.1×
P Everpure, Inc. compare 1.5×
HPQ HP Inc. compare 0.8×
Computer Hardware industry median 2.8×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on IONQ