IonQ, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-510.4M | $-331.6M | $-157.8M | $-48.5M | $-106.2M | $-15.4M |
| Depreciation & Amortization | $82.0M | $18.7M | $10.4M | $5.6M | $2.5M | $1.4M |
| Depreciation | $29.2M | $13.0M | $7.2M | $4.0M | $1.7M | $1.1M |
| Amortization | $52.8M | $5.6M | $3.2M | $1.6M | $800.0K | $300 |
| Stock-Based Compensation | $312.0M | $106.9M | $69.7M | $31.5M | $7.7M | $1.2M |
| Net Cash from Operating Activities | $-283.2M | $-105.7M | $-78.8M | $-44.7M | $-26.5M | $-12.0M |
| Investing Activities | ||||||
| Capital Expenditures | $16.4M | $18.0M | $13.7M | $9.3M | $7.8M | $10.0M |
| Business Acquisitions | $-523.0K | $15.5M | $0 | $848.0K | $0 | — |
| Net Cash from Investing Activities | $-2.10B | $82.7M | $68.8M | $-309.1M | $-213.8M | $-11.7M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $3.36B | $41.7M | $1.8M | $1.1M | $603.2M | $276.0K |
| Net Change in Cash | $980.9M | $18.8M | $-8.3M | $-352.7M | $362.9M | $-23.4M |
| Free Cash Flow | $-299.6M | $-123.7M | $-92.5M | $-54.0M | $-34.3M | $-22.0M |