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

IonQ (IONQ-WT) posted quarterly EBITDA of -$260.2 million for Q1 2026, down 265.05% year-over-year from $157.6 million in Q1 2025, and down 19.18% on a QoQ basis from -$218.3 million in Q4 2025.

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

IonQ (IONQ-WT) has reported EBITDA for 7 consecutive years, with -$260.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA fell 265.05% year-over-year to -$260.2 million; the TTM figure through Mar 2026 stood at -$793.4 million (down 229.83% YoY), while the FY2025 annual figure was -$604.5 million, down 175.46% from the prior year.
  • EBITDA came in at -$260.2 million for Q1 2026 at IonQ, down from -$218.3 million in the prior quarter.
  • The five-year high for EBITDA was -$17.3 million in Q1 2022, with the low at -$260.2 million in Q1 2026.
  • Average EBITDA over 5 years is -$77.4 million, with a median of -$49.6 million recorded in 2024.
  • Across the five-year window, EBITDA retreated 23.18% in 2024 and plunged 265.05% in 2026, its largest moves.
  • Year by year, EBITDA stood at -$22.7 million in 2022, then plunged by 128.59% to -$51.9 million in 2023, then plunged by 41.69% to -$73.6 million in 2024, then plunged by 196.63% to -$218.3 million in 2025, then retreated by 19.18% to -$260.2 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$260.2 million, -$218.3 million, and -$159.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (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 -260.21 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -9.69 Mn