IonQ IONQ-WT
NYSE IONQ-WT
$25.77 -0.14 (-0.54%)
As of: Sep 15, 2026 · 2:12 PM EDT

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

IonQ (IONQ-WT) posted EBITDA of -$323.8 million for Q2 2026, down 24.46% on a QoQ basis from -$260.2 million in Q1 2026, and down 108.4% year-over-year from $3.9 billion in Q2 2025.

Analysis

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

IonQ has reported EBITDA for 7 years, with the latest figure at -$323.8 million in Q2 2026.

  • On a quarterly basis, EBITDA fell 108.4% year-over-year to -$323.8 million in Q2 2026; TTM through Jun 2026 was -$961.9 million, a 174.9% decrease from a year earlier, with the FY2025 full-year figure at -$604.5 million, down 175.46% from the prior year.
  • EBITDA was -$323.8 million for Q2 2026 at IonQ, down from -$260.2 million in the prior quarter.
  • The five-year high for EBITDA was -$17.3 million in Q1 2022, with the low at -$323.8 million in Q2 2026.
  • Average EBITDA over 5 years is -$91.1 million, with a median of -$49.9 million recorded in 2024.
  • The sharpest annual moves came in 2024 and 2026: EBITDA declined 23.18% in 2024, then slumped 265.05% in 2026.
  • Over 5 years, EBITDA stood at -$22.7 million in 2022, then slumped by 128.59% to -$51.9 million in 2023, then slumped by 41.69% to -$73.6 million in 2024, then slumped by 196.63% to -$218.3 million in 2025, then plunged by 48.33% to -$323.8 million in 2026.
  • The last three EBITDA figures came in at -$323.8 million (Q2 2026), -$260.2 million (Q1 2026), and -$218.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn -323.84 Mn
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn -53.28 Mn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn -28.06 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn -23.01 Mn
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn -29.86 Mn
6 BTQ Technologies 359.38 Mn 359.38 Mn - -13.19 Mn
7 Quantum eMotion 339.79 Mn 339.79 Mn - -
8 Arqit Quantum 251.50 Mn 251.50 Mn - -
9 Horizon Quantum Holdings 13.39 -113.25 Mn - -7.18 Mn
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn -28.84 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -323.84 Mn
Mar 31, 2026 -260.21 Mn
Dec 31, 2025 -218.33 Mn
Sep 30, 2025 -159.51 Mn
Jun 30, 2025 -155.39 Mn
Mar 31, 2025 -71.28 Mn
Dec 31, 2024 -73.60 Mn
Sep 30, 2024 -49.64 Mn
Jun 30, 2024 -46.04 Mn
Mar 31, 2024 -50.18 Mn
Dec 31, 2023 -51.95 Mn
Sep 30, 2023 -40.29 Mn
Jun 30, 2023 -31.49 Mn
Mar 31, 2023 -26.82 Mn
Dec 31, 2022 -22.73 Mn
Sep 30, 2022 -23.81 Mn
Jun 30, 2022 -17.83 Mn
Mar 31, 2022 -17.28 Mn
Dec 31, 2021 -10.14 Mn
Sep 30, 2021 -10.12 Mn