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IonQ, Inc.

IONQ

$44.18 ▲ +5.26 (+13.51%) at close

24 Visible periods

27 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

IonQ, Inc. faces fundamental challenges. The fundamentals warrant careful consideration of downside risks.

Market Cap $15.9B

Dividend Yield —

Revenue Growth 754.7% ↗

Op. Margin -419.8% ↘

ROIC -5.5% ↗

FCF / Share $-0.44

Trailing P/E 20.2x

Price / Book 3.3x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

24-Year Financial Trajectory

Quarterly

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$64.67M

↑ +754.7% —

Net Income Profit after all expenses

$805.36M

↑ +6.9% —

Operating Margin Operating profit as % of sales

-419.8%

↓ -13.7% 0th

FCF / Share Free cash flow per share

$-0.44

↓ -187.6% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↑

Cash Quality ↑

Financial view

Statement lens

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📈 Is growth accelerating? 6 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗
Revenue Growth YoY (%)	754.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+6189%)	428.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3471%)	221.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1746%)	81.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+582%)	-0.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-102%)	91.8% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+665%)	102.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+751%)	106.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+786%)	76.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+541%)	60.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+403%)	-96.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-902%)	111.5% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+829%)	-99.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-930%)	131.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+992%)	70715.5% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+589195%)	2704.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+22436%)	855900.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+7132400%)	—	—	—	—	—	—	—
EPS Growth YoY (%)	N/M	N/M	-1391.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-288.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	26.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-352.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-9.1% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	18.2% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-35.7% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-110.0% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-83.3% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-2100.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	—	80.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	87.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	N/M	N/M	-1909.6% Weak ↓ Weak Declining Year-over-year change in net income	-370.8% Weak ↓ Weak Declining Year-over-year change in net income	18.5% Good ↑ Good Improving Year-over-year change in net income	-382.0% Weak ↓ Weak Declining Year-over-year change in net income	-17.1% Weak ↑ Weak Improving Year-over-year change in net income	14.1% Fair ↑ Fair Improving Year-over-year change in net income	-44.8% Weak ↑ Weak Improving Year-over-year change in net income	-124.7% Weak ↑ Weak Improving Year-over-year change in net income	-86.8% Weak ↑ Weak Improving Year-over-year change in net income	-2543.2% Weak ↓ Weak Declining Year-over-year change in net income	-546.7% Weak ↓ Weak Declining Year-over-year change in net income	74.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-62.3% Weak ↑ Weak Improving Year-over-year change in net income	83.4% Excellent ↑ Excellent Improving Year-over-year change in net income	42.4% Excellent ↑ Excellent Improving Year-over-year change in net income	-1402.4% Weak Weak Year-over-year change in net income	-314.6% Weak Weak Year-over-year change in net income	—	—	—	—	—
FCF Growth YoY (%)	-187.6% Weak Weak Year-over-year change in free cash flow	—	—	—	-36.2% Weak Weak Year-over-year change in free cash flow	—	—	—	-51.3% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	147.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	153.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-37.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	99.5% Excellent → Excellent Stable Compound annual revenue growth over 3 years	-80.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	92.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	276.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	396.5% Excellent Excellent Compound annual revenue growth over 3 years	292.9% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	248.9% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗
Operating Margin (%) (%)	-419.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2199%)	-369.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1947%)	-423.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2217%)	—	—	—	-428.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2243%)	-430.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2250%)	—	—	—	—	—	—	-15.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-175%)	—	-1.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-109%)	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	-0.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-3.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	—	—	—	—	-426.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2942%)	—	-423.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2922%)	-330.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2300%)	—	—	—	—	—	-489.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3365%)	-14.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-197%)	-63.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-523%)	-0.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-103%)	—	—	—	—	—	—	—
FCF Margin (%) (%)	-246.5% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	-134.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-319.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-259.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-467.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-367.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-311.3% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	-350.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-416.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-1.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-435.3% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—
FCF / Net Income (x)	-0.20x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.11x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.12x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.30x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.10x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	0.21x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	0.60x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.81x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	0.55x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.85x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	2.60x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.10x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.97x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.73x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.76x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	1.15x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗
Return on Invested Capital (%)	-5.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-6.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-7.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-12.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-9.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-20.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-12.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-11.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	—	-8.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-6.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-5.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-4.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-4.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-1.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-1.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-23.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	-7.3% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	-4.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-3.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-3.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-11.9% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-8.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-15.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-9.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-9.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	—	-7.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-5.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-4.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	—	-4.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-3.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-1.7% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	-8.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	16.2% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-13%)	19.8% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+7%)	-46.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-351%)	-15.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-182%)	-4.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-123%)	-52.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-384%)	-12.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-165%)	-8.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-144%)	-8.3% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-145%)	—	-9.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-149%)	-8.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-145%)	-5.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-127%)	-3.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-118%)	-4.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-123%)	-0.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-102%)	-0.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-104%)	-12.5% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-168%)	-2.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-114%)	-23.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-224%)	—	-9.2% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-150%)	—	—

⚖️ Is the balance sheet risky? 1 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗
Net Debt (USD)	$-493.54M	$-1.03B	$-346.03M	$-140.07M	$-159.68M	$-54.39M	$-30.17M	$-41.75M	$-60.07M	—	$-37.14M	$-13.98M	$-51.90M	—	$-57.20M	$-43.97M	$-86.75M	$-399.02M	—	—	—	$-36.12M	$-42.14M	$-59.53M

📊 What does each share earn? 6 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗
Revenue per Share (USD)	$0.18	—	$0.14	$0.08	$0.03	—	$0.06	$0.05	$0.04	—	$0.03	$0.03	$0.02	—	$0.83	$0.01	—	—	$0.00	$0.00	—	—	—	—
Basic EPS, GAAP (USD)	$2.19	$3.07	$-3.58	$-0.70	$-0.14	$-0.95	$-0.24	$-0.18	$-0.19	$-0.21	$-0.22	$-0.22	$-0.14	$-0.10	$-0.12	$-0.01	—	$-0.50	$-0.12	$-0.08	—	—	—	—
Free Cash Flow per Share (USD)	$-0.44	—	$-0.43	$-0.21	$-0.15	—	—	—	$-0.11	—	—	—	$-0.07	—	—	—	—	—	$-0.12	$-0.06	—	—	—	—
Book Value per Share (USD)	$13.33	$10.48	$6.99	$4.31	$3.15	$1.73	$2.02	$2.17	$2.28	—	$2.44	$2.59	$2.76	—	$2.89	$2.99	$3.00	$3.02	$4.62	$0.36	—	$0.45	—	—
Tangible Book Value per Share (USD)	$5.54	$2.95	$-0.76	$2.40	$2.99	$1.55	$1.93	$2.08	$2.19	—	$2.37	$2.53	$2.71	—	$2.86	$2.96	$2.97	$2.99	$4.62	$0.36	—	$0.43	—	—
Basic Weighted Avg Shares (shares)	358.82M	—	294.52M	250.97M	228.76M	—	214.31M	211.64M	208.16M	—	203.39M	201.43M	200.11M	—	198.30M	197.21M	—	—	120.61M	119.25M	—	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗
Working Capital (USD)	$2.14B	$2.42B	$1.08B	$545.25M	$588.61M	$342.72M	$363.08M	$374.07M	$375.22M	—	$375.24M	$367.70M	$381.48M	—	$397.01M	$415.95M	$410.92M	$519.93M	—	—	—	$36.70M	—	—
Total Equity (USD)	$4.98B	$3.80B	$2.27B	$1.16B	$765.05M	$383.86M	$435.68M	$463.27M	$479.77M	—	$498.50M	$523.25M	$552.24M	$568.21M	$575.63M	$592.68M	$589.78M	$591.23M	$557.67M	$43.41M	—	$53.70M	—	—

📋 What is driving earnings? 4 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Dec 31, 2023 10-K ↗	Q3 FY2023 Sep 30, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q1 FY2023 Mar 31, 2023 10-Q ↗	Q4 FY2022 Dec 31, 2022 10-K ↗	Q3 FY2022 Sep 30, 2022 10-Q ↗	Q2 FY2022 Jun 30, 2022 10-Q ↗	Q1 FY2022 Mar 31, 2022 10-Q ↗	Q4 FY2021 Dec 31, 2021 10-K ↗	Q3 FY2021 Sep 30, 2021 10-Q ↗	Q2 FY2021 Jun 30, 2021 10-Q ↗	Q1 FY2021 Mar 31, 2021 10-Q ↗	Q4 FY2020 Dec 31, 2020 10-K ↗	Q3 FY2020 Sep 30, 2020 10-Q ↗	Q4 FY2019 Dec 31, 2019 10-K ↗
Sales/Revenue/Turnover (USD)	$64.67M	$61.89M	$39.87M	$20.69M	$7.57M	$11.71M	$12.40M	$11.38M	$7.58M	$6.11M	$6.14M	$5.51M	$4.29M	$3.81M	$165.00M	$2.61M	$1.07B	$1.65M	$233.00K	$93.00K	$125.00K	—	—	—
Depreciation Expense (USD)	$11.30M	$10.30M	$9.30M	$5.20M	$4.40M	$3.90M	$3.50M	$2.90M	$2.70M	$2.50M	$1.90M	$1.60M	$1.20M	$900.00K	$1.10M	$1.10M	$1.00M	$700.00K	$400.00K	$300.00K	$300.00K	$300.00K	$300.00K	—
Net Income, GAAP (USD)	$805.36M	$753.67M	$-1.05B	$-176.84M	$-32.25M	$-202.00M	$-52.50M	$-37.56M	$-39.59M	$-41.90M	$-44.81M	$-43.72M	$-27.34M	$-18.65M	$-23.98M	$-1.65M	$-4.23M	$-74.08M	$-14.78M	$-9.99M	$-7.33M	$-4.93M	$-3.56M	—
Operating Cash Flow (USD)	$-151.02M	$-74.51M	$-123.08M	$-52.57M	$-33.02M	$-39.43M	—	—	$-20.46M	$-26.63M	—	—	$-13.81M	$-14.91M	—	—	$-8.32M	$-4.69M	$-12.03M	$-5.92M	$-3.90M	$-3.69M	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 7 years · 24 quarters

IonQ, Inc.

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