IonQ (IONQ-WT) FCF Margin (2021 - 2026)
IonQ (IONQ-WT) posted FCF Margin of 142.37% for Q2 2026, up 42.24% on a QoQ basis from 246.48% in Q1 2026, and up 11744.0% year-over-year from N/an in Q2 2025.
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Analysis
IonQ (IONQ-WT) FCF Margin (2021 - 2026) Analysis & Trends
IonQ has reported FCF Margin for 6 years, with the latest figure at 142.37% in Q2 2026.
- On a quarterly basis, FCF Margin rose 11744.0% year-over-year to 142.37% in Q2 2026; TTM through Jun 2026 was 196.32%, a 9985.0% increase from a year earlier, with the FY2025 full-year figure at 230.44%, up 5669.0% from the prior year.
- FCF Margin was 142.37% for Q2 2026 at IonQ, up from 246.48% in the prior quarter.
- The five-year high for FCF Margin was 134.59% in Q4 2025, with the low at 563.03% in Q1 2022.
- Average FCF Margin over 5 years is 353.98%, with a median of 334.57% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: FCF Margin surged 729573 bps in 2022, then sank 15567 bps in 2025.
- Over 5 years, FCF Margin stood at 416.81% in 2022, then sank by 33 bps to 553.37% in 2023, then jumped by 34 bps to 367.39% in 2024, then jumped by 63 bps to 134.59% in 2025, then slipped by 6 bps to 142.37% in 2026.
- The last three FCF Margin figures came in at 142.37% (Q2 2026), 246.48% (Q1 2026), and 134.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | -142.37% |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | -1,000.20% |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | -540.48% |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | -297.96% |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | 97.39% |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | -3,924.98% |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | 1,641.92% |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | -1,531.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -142.37% |
| Mar 31, 2026 | -246.48% |
| Dec 31, 2025 | -134.59% |
| Sep 30, 2025 | -319.08% |
| Jun 30, 2025 | -259.82% |
| Mar 31, 2025 | -467.00% |
| Dec 31, 2024 | -367.39% |
| Sep 30, 2024 | -185.33% |
| Jun 30, 2024 | -299.34% |
| Mar 31, 2024 | -311.33% |
| Dec 31, 2023 | -553.37% |
| Sep 30, 2023 | -430.46% |
| Jun 30, 2023 | -313.91% |
| Mar 31, 2023 | -350.06% |
| Dec 31, 2022 | -416.81% |
| Sep 30, 2022 | -514.48% |
| Jun 30, 2022 | -496.74% |
| Mar 31, 2022 | -563.03% |
| Dec 31, 2021 | -435.32% |
| Sep 30, 2021 | -6,150.64% |