IonQ (IONQ-WT) Gross Profit (2021 - 2026)
IonQ (IONQ-WT) posted quarterly Gross Profit of $15.4 million for Q1 2026, up 374.13% year-over-year from $3.3 million in Q1 2025, and down 63.62% on a QoQ basis from $42.4 million in Q4 2025.
IonQ (IONQ-WT) Gross Profit (2021 - 2026) Analysis & Trends
IonQ (IONQ-WT) has reported Gross Profit for 6 consecutive years, with $15.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit rose 374.13% year-over-year to $15.4 million; the TTM figure through Mar 2026 stood at $88.8 million (up 250.02% YoY), while the FY2025 annual figure was $76.6 million, up 240.67% from the prior year.
- Gross Profit came in at $15.4 million for Q1 2026 at IonQ, down from $42.4 million in the prior quarter.
- The five-year high for Gross Profit was $42.4 million in Q4 2025, with the low at $4000.0 in Q4 2022.
- Average Gross Profit over 5 years is $7.7 million, with a median of $3.6 million recorded in 2023.
- The largest YoY upside for Gross Profit was 79500.0% in 2022 against a maximum downside of 99.87% in 2022.
- Year by year, Gross Profit stood at $4000.0 in 2022, then jumped by 73475.0% to $2.9 million in 2023, then surged by 259.53% to $10.6 million in 2024, then soared by 300.44% to $42.4 million in 2025, then plunged by 63.62% to $15.4 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $15.4 million, $42.4 million, and $18.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn |
| 10 | IonQ | 1.52 Mn | -2.02 Bn | 15.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.41 Mn |
| Mar 31, 2026 | 15.41 Mn |
| Dec 31, 2025 | 42.37 Mn |
| Dec 31, 2025 | 42.37 Mn |
| Sep 30, 2025 | 18.61 Mn |
| Sep 30, 2025 | 18.61 Mn |
| Jun 30, 2025 | 12.37 Mn |
| Jun 30, 2025 | 12.37 Mn |
| Mar 31, 2025 | 3.25 Mn |
| Mar 31, 2025 | 3.25 Mn |
| Dec 31, 2024 | 10.58 Mn |
| Dec 31, 2024 | 10.58 Mn |
| Sep 30, 2024 | 5.77 Mn |
| Sep 30, 2024 | 5.77 Mn |
| Jun 30, 2024 | 5.76 Mn |
| Jun 30, 2024 | 5.76 Mn |
| Mar 31, 2024 | 881,000.00 |
| Mar 31, 2024 | 881,000.00 |
| Dec 31, 2023 | 2.94 Mn |
| Dec 31, 2023 | 2.94 Mn |