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

32.09 5.66 +21.42%
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) Operating margin

Alert me on Operating margin

IonQ, Inc.'s operating margin over the twelve months to 30 September 2026 was −333.9%, up 153.5 percentage points from fiscal 2025 (−487.4%). Over the past ten years it has ranged from −1,843.1% (fiscal 2021) to 0.00% (fiscal 2020); the current reading is higher than 83% of that period. That is below the Computer Hardware industry median of −0.80% and below the Technology sector median of 0.02%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 −487.4% 52.27
FY2024 −539.7% 176.02
FY2023 −715.7% 54.64
FY2022 −770.3% 1,072.78
FY2021 −1,843.1% (1,843.12)
FY2020 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −249.1% 172.15
Jun 2026 −421.3% (1.44)
Mar 2026 −419.9% (50.43)
Dec 2025 −369.4% 54.03
20 more quarters

Against its own ten years

Low −1,843.1% High 0.00%
Ten-year median −627.7%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
LOGI Logitech International S.A. compare 17.8%
CRCT Cricut, Inc. compare 16.7%
SMCI Super Micro Computer, Inc. compare 8.62%
HPQ HP Inc. compare 5.45%
P Everpure, Inc. compare 5.26%
IQMX IQM Quantum Computers Oyj compare 0.00%
IONQ IonQ, Inc. −333.9%
RGTI Rigetti Computing, Inc. compare −727.6%
QBTS D-Wave Quantum Inc. compare −1,372.9%
Computer Hardware industry median −0.80%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on IONQ