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

IonQ has reported Gross Margin for 6 years, with the latest figure at 24.91% in Q2 2026.

• On a quarterly basis, Gross Margin fell 3485.0% year-over-year to 24.91% in Q2 2026; TTM through Jun 2026 was 29.32%, a 2447.0% decrease from a year earlier, with the FY2025 full-year figure at 40.4%, down 1178.0% from the prior year.
• Gross Margin was 24.91% for Q2 2026 at IonQ, up from 23.84% in the prior quarter.
• The five-year high for Gross Margin was 76.33% in Q4 2022, with the low at 23.84% in Q1 2026.
• Average Gross Margin over 5 years is 54.82%, with a median of 55.94% recorded in 2024.
• The sharpest annual moves came in 2022 and 2026: Gross Margin jumped 32316 bps in 2022, then tumbled 3485 bps in 2026.
• Over 5 years, Gross Margin stood at 76.33% in 2022, then slumped by 37 bps to 48.2% in 2023, then advanced by 18 bps to 56.92% in 2024, then tumbled by 48 bps to 29.56% in 2025, then dropped by 16 bps to 24.91% in 2026.
• The last three Gross Margin figures came in at 24.91% (Q2 2026), 23.84% (Q1 2026), and 29.56% (Q4 2025), per Business Quant data.