IonQ (IONQ-WT) Operating Margin (2021 - 2026)
IonQ (IONQ-WT) posted Operating Margin of 421.29% for Q2 2026, little changed on a QoQ basis from 419.85% in Q1 2026, and up 35474.0% year-over-year from N/an in Q2 2025.
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IonQ (IONQ-WT) Operating Margin (2021 - 2026) Analysis & Trends
IonQ has reported Operating Margin for 6 years, with the latest figure at 421.29% in Q2 2026.
- On a quarterly basis, Operating Margin rose 35474.0% year-over-year to 421.29% in Q2 2026; TTM through Jun 2026 was 408.24%, a 29237.0% increase from a year earlier, with the FY2025 full-year figure at 487.41%, up 5226.0% from the prior year.
- Operating Margin was 421.29% for Q2 2026 at IonQ, roughly flat from 419.85% in the prior quarter.
- The five-year high for Operating Margin was 369.42% in Q4 2025, with the low at 1000.25% in Q1 2025.
- Average Operating Margin over 5 years is 646.97%, with a median of 657.92% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Margin surged 1001402 bps in 2022, then sank 34601 bps in 2025.
- Over 5 years, Operating Margin stood at 620.57% in 2022, then sank by 44 bps to 891.71% in 2023, then rose by 26 bps to 661.85% in 2024, then surged by 44 bps to 369.42% in 2025, then slipped by 14 bps to 421.29% in 2026.
- The last three Operating Margin figures came in at 421.29% (Q2 2026), 419.85% (Q1 2026), and 369.42% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | -421.29% |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | -1,732.05% |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | -546.17% |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | -414.57% |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | -220.55% |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | -12,224.79% |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | - |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | -1,984.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -421.29% |
| Mar 31, 2026 | -419.85% |
| Dec 31, 2025 | -369.42% |
| Sep 30, 2025 | -423.45% |
| Jun 30, 2025 | -776.03% |
| Mar 31, 2025 | -1,000.25% |
| Dec 31, 2024 | -661.85% |
| Sep 30, 2024 | -428.51% |
| Jun 30, 2024 | -430.02% |
| Mar 31, 2024 | -697.39% |
| Dec 31, 2023 | -891.71% |
| Sep 30, 2023 | -687.65% |
| Jun 30, 2023 | -599.98% |
| Mar 31, 2023 | -653.98% |
| Dec 31, 2022 | -620.57% |
| Sep 30, 2022 | -901.59% |
| Jun 30, 2022 | -725.77% |
| Mar 31, 2022 | -936.20% |
| Dec 31, 2021 | -657.58% |
| Sep 30, 2021 | -4,516.74% |