IonQ (IONQ) EBITDA (2020 - 2026)
IonQ (IONQ) posted quarterly EBITDA of -$260.2 million for Q1 2026, down 265.05% year-over-year from $157.6 million in Q1 2025, and down 19.18% on a QoQ basis from -$218.3 million in Q4 2025.
IonQ (IONQ) EBITDA (2020 - 2026) Analysis & Trends
IonQ (IONQ) has reported EBITDA for 7 consecutive years, with -$260.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 265.05% year-over-year to -$260.2 million; the TTM figure through Mar 2026 stood at -$793.4 million (down 229.83% YoY), while the FY2025 annual figure was -$604.5 million, down 175.46% from the prior year.
- EBITDA came in at -$260.2 million for Q1 2026 at IonQ, down from -$218.3 million in the prior quarter.
- The five-year high for EBITDA was -$17.3 million in Q1 2022, with the low at -$260.2 million in Q1 2026.
- Average EBITDA over 5 years is -$77.4 million, with a median of -$49.6 million recorded in 2024.
- Across the five-year window, EBITDA retreated 23.18% in 2024 and plunged 265.05% in 2026, its largest moves.
- Year by year, EBITDA stood at -$22.7 million in 2022, then plunged by 128.59% to -$51.9 million in 2023, then plunged by 41.69% to -$73.6 million in 2024, then plunged by 196.63% to -$218.3 million in 2025, then retreated by 19.18% to -$260.2 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$260.2 million, -$218.3 million, and -$159.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 4.11 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 3.66 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 1.16 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 1.19 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 998.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 19.94 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 612.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 625.87 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 135.80 Mn |
| 10 | IonQ | - | - | 15.41 Mn | -260.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -260.21 Mn |
| Dec 31, 2025 | -218.33 Mn |
| Sep 30, 2025 | -159.51 Mn |
| Jun 30, 2025 | -155.39 Mn |
| Mar 31, 2025 | -71.28 Mn |
| Dec 31, 2024 | -73.60 Mn |
| Sep 30, 2024 | -49.64 Mn |
| Jun 30, 2024 | -46.04 Mn |
| Mar 31, 2024 | -50.18 Mn |
| Dec 31, 2023 | -51.95 Mn |
| Sep 30, 2023 | -40.29 Mn |
| Jun 30, 2023 | -31.49 Mn |
| Mar 31, 2023 | -26.82 Mn |
| Dec 31, 2022 | -22.73 Mn |
| Sep 30, 2022 | -23.81 Mn |
| Jun 30, 2022 | -17.83 Mn |
| Mar 31, 2022 | -17.28 Mn |
| Dec 31, 2021 | -10.14 Mn |
| Sep 30, 2021 | -10.12 Mn |
| Jun 30, 2021 | -9.69 Mn |