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| Date | Value |
|---|---|
| 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% |