IonQ, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-1.87B | $805.4M | $753.7M | $-1.05B | $-176.8M | $-32.3M | $-202.0M | $-52.5M |
| Depreciation & Amortization | $46.1M | $43.1M | $40.6M | $24.2M | $10.6M | $6.6M | $5.5M | $4.9M |
| Depreciation | $13.4M | $11.3M | $10.3M | $9.3M | $5.2M | $4.4M | $3.9M | $3.5M |
| Amortization | $32.7M | $31.8M | $30.3M | $14.9M | $5.4M | $2.2M | — | $1.4M |
| Stock-Based Compensation | $141.8M | $128.5M | $106.7M | $72.9M | $99.2M | $33.3M | $39.3M | $24.6M |
| Net Cash from Operating Activities | $-103.8M | $-151.0M | $-74.5M | $-123.1M | $-52.6M | $-33.0M | $-39.4M | $-19.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $10.2M | $8.4M | $8.8M | $4.1M | $1.2M | $2.3M | $3.6M | $3.8M |
| Business Acquisitions | $-1.5M | $33.3M | $-13.6M | $41.8M | $-28.7M | $0 | — | — |
| Net Cash from Investing Activities | $834.0M | $-391.9M | $-1.22B | $-672.7M | $29.2M | $-230.2M | $24.4M | $6.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $12.0M | $6.9M | $1.98B | $1.00B | $4.1M | $368.7M | $39.3M | $1.1M |
| Net Change in Cash | $741.9M | $-536.4M | $685.4M | $208.8M | $-18.8M | $105.5M | $24.2M | $-11.6M |
| Free Cash Flow | $-114.0M | $-159.4M | $-83.3M | $-127.2M | $-53.8M | $-35.3M | $-43.0M | $-23.0M |