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
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IonQ, Inc. (IONQ) Gross margin
IonQ, Inc.'s gross margin over the twelve months to 30 September 2026 was 24.1%, down 16.3 percentage points from fiscal 2025 (40.4%). Over the past ten years it has ranged from 0.00% (fiscal 2020) to 73.6% (fiscal 2022); the current reading is higher than 33% of that period. That is below the Computer Hardware industry median of 34.7% and below the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 40.4% | (11.78) |
| FY2024 | 52.2% | (11.04) |
| FY2023 | 63.2% | (10.33) |
| FY2022 | 73.6% | 23.10 |
| FY2021 | 50.5% | 50.45 |
| FY2020 | 0.00% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 21.9% | (3.03) |
| Jun 2026 | 24.9% | 1.07 |
| Mar 2026 | 23.8% | (5.72) |
| Dec 2025 | 29.6% | (17.13) |
| 20 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| P Everpure, Inc. compare | 69.7% |
| QBTS D-Wave Quantum Inc. compare | 64.2% |
| CRCT Cricut, Inc. compare | 58.5% |
| LOGI Logitech International S.A. compare | 45.5% |
| RGTI Rigetti Computing, Inc. compare | 34.6% |
| IONQ IonQ, Inc. | 24.1% |
| HPQ HP Inc. compare | 19.9% |
| SMCI Super Micro Computer, Inc. compare | 11.7% |
| IQMX IQM Quantum Computers Oyj compare | — |
| Computer Hardware industry median | 34.7% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on IONQ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement