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) Return on invested capital

Alert me on Return on invested capital

IonQ, Inc.'s return on invested capital over the twelve months to 30 September 2026 was −19.7%, up 8.1 percentage points from fiscal 2025 (−27.9%). Over the past ten years it has ranged from −333.4% (fiscal 2024) to −25.2% (fiscal 2022); the current reading is higher than 83% of that period. That is below the Computer Hardware industry median of 0.00% and below the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 −27.9% 305.57
FY2024 −333.4% (257.33)
FY2023 −76.1% (50.87)
FY2022 −25.2% 9.93
FY2021 −35.2% 20.76
FY2020 −55.9% —

Against its own ten years

Low −333.4% High −25.2%
Ten-year median −45.5%
Current reading's percentile 83

Return on invested capital against peers

Company Return on invested capital
LOGI Logitech International S.A. compare 84.0%
CRCT Cricut, Inc. compare 58.3%
HPQ HP Inc. compare 55.8%
P Everpure, Inc. compare 26.3%
SMCI Super Micro Computer, Inc. compare 16.3%
IQMX IQM Quantum Computers Oyj compare 0.00%
QBTS D-Wave Quantum Inc. compare −18.6%
IONQ IonQ, Inc. −19.7%
RGTI Rigetti Computing, Inc. compare −42.3%
Computer Hardware industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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