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

IonQ (IONQ-WT) Free Cash Flow (2020 - 2026)

IonQ (IONQ-WT) posted Free Cash Flow of -$114.0 million for Q2 2026, up 28.5% on a QoQ basis from -$159.4 million in Q1 2026, and down 111.97% year-over-year from $952.0 million in Q2 2025.

Analysis

IonQ (IONQ-WT) Free Cash Flow (2020 - 2026) Analysis & Trends

IonQ has reported Free Cash Flow for 7 years, with the latest figure at -$114.0 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow fell 111.97% year-over-year to -$114.0 million in Q2 2026; TTM through Jun 2026 was -$483.9 million, a 211.97% decrease from a year earlier, with the FY2025 full-year figure at -$299.6 million, down 142.25% from the prior year.
  • Free Cash Flow was -$114.0 million for Q2 2026 at IonQ, up from -$159.4 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$11.0 million in Q1 2022, with the low at -$159.4 million in Q1 2026.
  • Average Free Cash Flow over 5 years is -$46.8 million, with a median of -$30.1 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow climbed 12.99% in 2024, then sank 453.52% in 2025.
  • Over 5 years, Free Cash Flow stood at -$15.9 million in 2022, then slumped by 112.94% to -$33.8 million in 2023, then dropped by 27.32% to -$43.0 million in 2024, then slumped by 93.62% to -$83.3 million in 2025, then tumbled by 36.82% to -$114.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$114.0 million (Q2 2026), -$159.4 million (Q1 2026), and -$83.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 IonQ 9.47 Bn 7.36 Bn 19.94 Mn -113.97 Mn
2 D-Wave Quantum 6.07 Bn 6.07 Bn 1.70 Mn -30.77 Mn
3 Rigetti Computing 5.03 Bn 5.03 Bn 2.19 Mn -27.77 Mn
4 Quantum Computing 1.75 Bn 1.75 Bn -1.17 Mn -16.54 Mn
5 Infleqtion 1.32 Bn 839.31 Mn 2.17 Mn 13.19 Mn
6 BTQ Technologies 359.38 Mn 359.38 Mn - -4.25 Mn
7 Quantum eMotion 339.79 Mn 339.79 Mn - 17,555.52
8 Arqit Quantum 251.50 Mn 251.50 Mn - -
9 Horizon Quantum Holdings 13.39 -113.25 Mn - -10.69 Mn
10 Xanadu Quantum Technologies 7.78 -312.78 Mn 1.38 Mn -23.15 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -113.97 Mn
Mar 31, 2026 -159.39 Mn
Dec 31, 2025 -83.30 Mn
Sep 30, 2025 -127.21 Mn
Jun 30, 2025 -53.77 Mn
Mar 31, 2025 -35.33 Mn
Dec 31, 2024 -43.02 Mn
Sep 30, 2024 -22.98 Mn
Jun 30, 2024 -34.07 Mn
Mar 31, 2024 -23.61 Mn
Dec 31, 2023 -33.79 Mn
Sep 30, 2023 -26.41 Mn
Jun 30, 2023 -17.31 Mn
Mar 31, 2023 -15.00 Mn
Dec 31, 2022 -15.87 Mn
Sep 30, 2022 -14.22 Mn
Jun 30, 2022 -12.96 Mn
Mar 31, 2022 -11.00 Mn
Dec 31, 2021 -7.17 Mn
Sep 30, 2021 -14.33 Mn