IonQ (IONQ-WT) Operating Income (2020 - 2026)

IonQ (IONQ-WT) posted quarterly Operating Income of -$271.5 million for Q1 2026, down 258.76% year-over-year from $171.0 million in Q1 2025, and down 18.75% quarter-over-quarter from -$228.6 million in Q4 2025.

IonQ (IONQ-WT) Operating Income (2020 - 2026) Analysis & Trends

IonQ's Operating Income history runs 7 years deep, the most recent figure standing at -$271.5 million for Q1 2026.

  • In Q1 2026, Operating Income fell 258.76% year-over-year to -$271.5 million; the TTM figure through Mar 2026 stood at -$829.5 million (down 224.98% YoY), while the FY2025 annual figure was -$633.7 million, down 172.62% from the prior year.
  • Operating Income for Q1 2026 stood at -$271.5 million, down from -$228.6 million in the prior quarter.
  • The five-year high for Operating Income was -$18.3 million in Q1 2022, with the low at -$271.5 million in Q1 2026.
  • The 5-year median for Operating Income is -$52.9 million (2024), against an average of -$81.2 million.
  • The sharpest annual moves came in 2024 and 2026: Operating Income fell 25.93% in 2024, then tumbled 258.76% in 2026.
  • IonQ's Operating Income stood at -$23.6 million in 2022, then slumped by 130.47% to -$54.4 million in 2023, then plunged by 42.34% to -$77.5 million in 2024, then slumped by 195.0% to -$228.6 million in 2025, then declined by 18.75% to -$271.5 million in 2026.
  • Business Quant data shows IONQ-WT's Operating Income at -$271.5 million in Q1 2026, -$228.6 million in Q4 2025, and -$168.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Dell Technologies 278.57 Bn 266.99 Bn 7.78 Bn 3.66 Bn
2 Arista Networks 232.75 Bn 220.40 Bn 1.68 Bn 1.16 Bn
3 Sandisk 190.63 Bn 186.89 Bn 4.66 Bn 4.11 Bn
4 Seagate Technology Holdings 186.50 Bn 185.35 Bn 1.45 Bn 998.00 Mn
5 Western Digital 184.00 Bn 180.76 Bn 1.68 Bn 1.19 Bn
6 Everpure 26.61 Bn 25.11 Bn 723.33 Mn 19.94 Mn
7 Hp 24.78 Bn 21.08 Bn 3.02 Bn 612.00 Mn
8 Super Micro Computer 17.22 Bn 15.93 Bn 1.02 Bn 625.87 Mn
9 Logitech International 16.90 Bn 15.15 Bn 607.94 Mn 258.55 Mn
10 IonQ 10.24 Bn 8.22 Bn 15.41 Mn -271.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -271.51 Mn
Dec 31, 2025 -228.63 Mn
Sep 30, 2025 -168.81 Mn
Jun 30, 2025 -160.59 Mn
Mar 31, 2025 -75.68 Mn
Dec 31, 2024 -77.50 Mn
Sep 30, 2024 -53.14 Mn
Jun 30, 2024 -48.94 Mn
Mar 31, 2024 -52.88 Mn
Dec 31, 2023 -54.45 Mn
Sep 30, 2023 -42.19 Mn
Jun 30, 2023 -33.09 Mn
Mar 31, 2023 -28.02 Mn
Dec 31, 2022 -23.63 Mn
Sep 30, 2022 -24.91 Mn
Jun 30, 2022 -18.93 Mn
Mar 31, 2022 -18.28 Mn
Dec 31, 2021 -10.84 Mn
Sep 30, 2021 -10.52 Mn
Jun 30, 2021 -9.99 Mn