IonQ (IONQ-WT) Gross Margin (2021 - 2026)

IonQ (IONQ-WT) has reported Gross Margin for 6 consecutive years, with 23.84% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin fell 1913.0% year-over-year to 23.84%; the TTM figure through Mar 2026 stood at 47.44% (down 1146.0% YoY), while the FY2025 annual figure was 58.89%, up 671.0% from the prior year.
• Gross Margin came in at 23.84% for Q1 2026 at IonQ, down from 68.46% in the prior quarter.
• The five-year high for Gross Margin was 90.36% in Q4 2024, with the low at 0.11% in Q4 2022.
• Average Gross Margin over 5 years is 47.19%, with a median of 48.2% recorded in 2023.
• The largest YoY upside for Gross Margin was 90811 bps in 2022 against a maximum downside of 18145 bps in 2022.
• Year by year, Gross Margin stood at 0.11% in 2022, then jumped by 45773 bps to 48.2% in 2023, then jumped by 87 bps to 90.36% in 2024, then dropped by 24 bps to 68.46% in 2025, then tumbled by 65 bps to 23.84% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 23.84%, 68.46%, and 46.69% for Q1 2026, Q4 2025, and Q3 2025 respectively.