IonQ (IONQ-WT) EBIT (2020 - 2026)

IonQ (IONQ-WT) posted quarterly EBIT of -$271.5 million for Q1 2026, down 258.76% year-over-year from $171.0 million in Q1 2025, and down 18.75% on a QoQ basis from -$228.6 million in Q4 2025.

IonQ (IONQ-WT) EBIT (2020 - 2026) Analysis & Trends

IonQ (IONQ-WT) has reported EBIT for 7 consecutive years, with -$271.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBIT fell 258.76% year-over-year to -$271.5 million; the TTM figure through Mar 2026 stood at -$829.5 million (down 224.98% YoY), while the FY2025 annual figure was -$633.7 million, down 172.62% from the prior year.
  • EBIT came in at -$271.5 million for Q1 2026 at IonQ, down from -$228.6 million in the prior quarter.
  • The five-year high for EBIT was -$18.3 million in Q1 2022, with the low at -$271.5 million in Q1 2026.
  • Average EBIT over 5 years is -$81.2 million, with a median of -$52.9 million recorded in 2024.
  • Across the five-year window, EBIT dropped 25.93% in 2024 and sank 258.76% in 2026, its largest moves.
  • Year by year, EBIT stood at -$23.6 million in 2022, then plunged by 130.47% to -$54.4 million in 2023, then slumped by 42.34% to -$77.5 million in 2024, then plunged by 195.0% to -$228.6 million in 2025, then slipped by 18.75% to -$271.5 million in 2026.
  • According to Business Quant data, EBIT over the past three periods registered -$271.5 million, -$228.6 million, and -$168.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 4.11 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 3.66 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 1.16 Bn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 1.19 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 998.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 19.94 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 612.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 625.87 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 135.80 Mn
10 IonQ 1.52 Mn -2.02 Bn 15.41 Mn -271.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -271.51 Mn
Dec 31, 2025 -228.63 Mn
Sep 30, 2025 -168.81 Mn
Jun 30, 2025 -160.59 Mn
Mar 31, 2025 -75.68 Mn
Dec 31, 2024 -77.50 Mn
Sep 30, 2024 -53.14 Mn
Jun 30, 2024 -48.94 Mn
Mar 31, 2024 -52.88 Mn
Dec 31, 2023 -54.45 Mn
Sep 30, 2023 -42.19 Mn
Jun 30, 2023 -33.09 Mn
Mar 31, 2023 -28.02 Mn
Dec 31, 2022 -23.63 Mn
Sep 30, 2022 -24.91 Mn
Jun 30, 2022 -18.93 Mn
Mar 31, 2022 -18.28 Mn
Dec 31, 2021 -10.84 Mn
Sep 30, 2021 -10.52 Mn
Jun 30, 2021 -9.99 Mn