IonQ (IONQ-WT) Tax Rate (2023 - 2026)
IonQ (IONQ-WT) posted Tax Rate of 0.33% for Q2 2026, up 140.58% on a QoQ basis from 0.8% in Q1 2026, and down 761.0% year-over-year from 0.05% in Q2 2025.
Analysis
IonQ (IONQ-WT) Tax Rate (2023 - 2026) Analysis & Trends
IonQ has reported Tax Rate for 4 years, with the latest figure at 0.33% in Q2 2026.
- On a quarterly basis, Tax Rate fell 761.0% year-over-year to 0.33% in Q2 2026; TTM through Jun 2026 was 8.1%, a 492.0% increase from a year earlier, with the FY2025 full-year figure at 20.98%, up 2100.0% from the prior year.
- Tax Rate was 0.33% for Q2 2026 at IonQ, up from 0.8% in the prior quarter.
- The five-year high for Tax Rate was 7.94% in Q2 2025, with the low at 13.33% in Q4 2025.
- Average Tax Rate over 4 years is 0.47%, with a median of 0.03% recorded in 2023.
- The largest YoY upside for Tax Rate was 798 bps in 2025 against a maximum downside of 1332 bps in 2025.
- Over 4 years, Tax Rate stood at 0.02% in 2023, then jumped by 54 bps to 0.01% in 2024, then slumped by 134699 bps to 13.33% in 2025, then surged by 102 bps to 0.33% in 2026.
- The last three Tax Rate figures came in at 0.33% (Q2 2026), 0.8% (Q1 2026), and 13.33% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | 0.33% |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | -0.02% |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | - |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | - |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | - |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | - |
| 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 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.33% |
| Mar 31, 2026 | -0.80% |
| Dec 31, 2025 | -13.33% |
| Sep 30, 2025 | 0.42% |
| Jun 30, 2025 | 7.94% |
| Mar 31, 2025 | -0.04% |
| Dec 31, 2024 | -0.01% |
| Sep 30, 2024 | -0.03% |
| Jun 30, 2024 | -0.04% |
| Mar 31, 2024 | -0.02% |
| Dec 31, 2023 | -0.02% |
| Sep 30, 2023 | -0.09% |