IonQ (IONQ-WT) Tax Provisions (2023 - 2026)
IonQ (IONQ-WT) posted quarterly Tax Provisions of -$6.4 million for Q1 2026, down 53283.33% year-over-year from N/an in Q1 2025, and up 74.34% on a QoQ basis from -$24.9 million in Q4 2025.
IonQ (IONQ-WT) Tax Provisions (2023 - 2026) Analysis & Trends
IonQ (IONQ-WT) has reported Tax Provisions for 4 consecutive years, with -$6.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 53283.33% year-over-year to -$6.4 million; the TTM figure through Mar 2026 stood at -$51.0 million (down 80990.48% YoY), while the FY2025 annual figure was -$44.6 million, down 75645.76% from the prior year.
- Tax Provisions came in at -$6.4 million for Q1 2026 at IonQ, up from -$24.9 million in the prior quarter.
- The five-year high for Tax Provisions was $39000.0 in Q3 2023, with the low at -$24.9 million in Q4 2025.
- Average Tax Provisions over 4 years is -$4.6 million, with a median of $9000.0 recorded in 2023.
- Across the five-year window, Tax Provisions soared 122.22% in 2024 and tumbled 124460.0% in 2025, its largest moves.
- Year by year, Tax Provisions stood at $9000.0 in 2023, then jumped by 122.22% to $20000.0 in 2024, then sank by 124460.0% to -$24.9 million in 2025, then jumped by 74.34% to -$6.4 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$6.4 million, -$24.9 million, and -$4.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 492.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 510.00 Mn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 248.50 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 154.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 116.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 9.79 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 43.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 126.90 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 6.39 Mn |
| 10 | IonQ | 1.52 Mn | -2.02 Bn | 15.41 Mn | -6.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.38 Mn |
| Dec 31, 2025 | -24.87 Mn |
| Sep 30, 2025 | -4.44 Mn |
| Jun 30, 2025 | -15.27 Mn |
| Mar 31, 2025 | 12,000.00 |
| Dec 31, 2024 | 20,000.00 |
| Sep 30, 2024 | 16,000.00 |
| Jun 30, 2024 | 15,000.00 |
| Mar 31, 2024 | 8,000.00 |
| Dec 31, 2023 | 9,000.00 |
| Sep 30, 2023 | 39,000.00 |