IonQ, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $80.1M | $64.7M | $61.9M | $39.9M | $20.7M | $7.6M | $11.7M | $12.4M |
| Cost of Revenue | $60.1M | $49.3M | $43.6M | $21.3M | $8.3M | $4.3M | $5.0M | $6.5M |
| Gross Profit | $19.9M | $15.4M | $18.3M | $18.6M | $12.4M | $3.3M | $6.7M | $5.9M |
| Gross Margin | 24.9% | 23.8% | 29.6% | 46.7% | 59.8% | 43.0% | 56.9% | 47.5% |
| Operating Expenses | ||||||||
| Research & Development | $160.6M | $125.7M | $96.1M | $66.3M | $103.4M | $40.0M | $40.1M | $33.2M |
| SG&A Expense | $117.6M | $88.6M | $90.7M | $82.5M | $48.1M | $23.8M | $29.7M | $14.3M |
| Operating Income | $-337.2M | $-271.5M | $-228.6M | $-168.8M | $-160.6M | $-75.7M | $-77.5M | $-53.1M |
| Operating Margin | -421.3% | -419.8% | -369.4% | -423.5% | -776.0% | -1,000.3% | -661.9% | -428.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-1.87B | $798.2M | $728.4M | $-1.06B | $-192.8M | $-32.2M | $-202.0M | $-52.5M |
| Income Tax Expense | $-6.1M | $-6.4M | $-24.9M | $-4.4M | $-15.3M | $12.0K | $20.0K | $16.0K |
| Net Income | $-1.87B | $805.4M | $753.7M | $-1.05B | $-176.8M | $-32.3M | $-202.0M | $-52.5M |
| Net Margin | -2,333.2% | 1,245.4% | 1,217.8% | -2,646.3% | -854.5% | -426.3% | -1,725.0% | -423.4% |
| EPS (Basic) | $-5.08 | $2.19 | $2.60 | $-3.58 | $-0.70 | $-0.14 | $-0.95 | $-0.24 |
| EPS (Diluted) | $-5.08 | $2.07 | $2.60 | $-3.58 | $-0.70 | $-0.14 | $-0.95 | $-0.24 |
| Shares Outstanding (Basic) | 367.7M | 358.8M | 280.3M | 294.5M | 251.0M | 228.8M | 213.0M | 214.3M |
| Shares Outstanding (Diluted) | 367.7M | 371.2M | 280.3M | 294.5M | 251.0M | 228.8M | 213.0M | 214.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |