IonQ (IONQ-WT) Tax Rate (2023 - 2026)

IonQ (IONQ-WT) posted quarterly Tax Rate of 0.8% for Q1 2026, down 76.0% year-over-year from 3.33% in Q1 2025, and up 60.18% on a QoQ basis from 2.01% in Q4 2025.

IonQ (IONQ-WT) Tax Rate (2023 - 2026) Analysis & Trends

IonQ (IONQ-WT) has reported Tax Rate for 4 consecutive years, with 0.8% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate fell 76.0% year-over-year to 0.8%; the TTM figure through Mar 2026 stood at 6.5% (down 648.0% YoY), while the FY2025 annual figure was 96.2%, up 9621.0% from the prior year.
  • Tax Rate came in at 0.8% for Q1 2026 at IonQ, up from 2.01% in the prior quarter.
  • The five-year high for Tax Rate was 7.92% in Q2 2025, with the low at 2.01% in Q4 2025.
  • Average Tax Rate over 4 years is 0.48%, with a median of 0.03% recorded in 2024.
  • The largest YoY upside for Tax Rate was 796 bps in 2025 against a maximum downside of 200 bps in 2025.
  • Year by year, Tax Rate stood at 0.01% in 2023, then sank by 227 bps to 0.01% in 2024, then plunged by 20177 bps to 2.01% in 2025, then surged by 60 bps to 0.8% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.8%, 2.01%, and 0.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 11.98%
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 12.92%
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 19.55%
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 4.58%
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 13.43%
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 28.91%
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 8.72%
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 20.77%
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 4.26%
10 IonQ 1.52 Mn -2.02 Bn 15.41 Mn -0.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.80%
Mar 31, 2026 -0.80%
Dec 31, 2025 -2.01%
Dec 31, 2025 -2.01%
Sep 30, 2025 0.42%
Sep 30, 2025 0.42%
Jun 30, 2025 7.92%
Jun 30, 2025 7.92%
Mar 31, 2025 -0.04%
Mar 31, 2025 -0.04%
Dec 31, 2024 -0.01%
Dec 31, 2024 -0.01%
Sep 30, 2024 -0.03%
Sep 30, 2024 -0.03%
Jun 30, 2024 -0.04%
Jun 30, 2024 -0.04%
Mar 31, 2024 -0.02%
Mar 31, 2024 -0.02%
Dec 31, 2023 0.01%
Dec 31, 2023 0.01%