IonQ (IONQ) Asset Utilization Ratio (2021 - 2026)
IonQ's (IONQ) Asset Utilization Ratio stood at 0.04 in Q2 2026, down 23.3% from 0.05 a year earlier but up 29.7% from the prior quarter.
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Analysis
IonQ (IONQ) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Starting with Q4 2021, IonQ's Asset Utilization Ratio history includes 19 quarters.
- Across earlier years, Asset Utilization Ratio came in at 0.08 in FY2024 (+111.9%), 0.04 in FY2023 (+113.2%), 0.02 in FY2022 (+200.4%) and 0.01 in FY2021.
- Quarterly Asset Utilization Ratio has ranged from 0.00 in Q4 2021 to 0.09 in Q4 2024 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio has declined for five consecutive quarters, with growth averaging 4.6% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 458.5% in Q4 2022, against a decline of 72.1% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.03 (Q1 2026), 0.02 (Q4 2025) and 0.03 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.09 Bn | 245.16 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 244.26 Bn | 224.66 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 127.58 Bn | 113.51 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 112.93 Bn | 100.25 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 97.34 Bn | 78.98 Bn | 881.34 Mn | 0.55 |
| 6 | Zscaler | 37.10 Bn | 23.22 Bn | - | - |
| 7 | Okta | 36.45 Bn | 26.54 Bn | 641.00 Mn | 0.33 |
| 8 | Axon Enterprise | 32.48 Bn | 27.00 Bn | 546.45 Mn | 0.44 |
| 9 | MongoDB | 31.35 Bn | 21.82 Bn | 569.77 Mn | 0.75 |
| 10 | IonQ | 11.85 Bn | 4.23 Bn | 19.94 Mn | 0.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.03 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.06 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.00 |
API Access
IonQ Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IONQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "IONQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IONQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();