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
DateValue
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