IonQ (IONQ) EBITDA (2020 - 2026)

IonQ (IONQ) posted quarterly EBITDA of -$271.5 million for Q1 2026, down 258.76% year-over-year from $171.0 million in Q1 2025, and down 18.75% quarter-over-quarter from -$228.6 million in Q4 2025.

IonQ (IONQ) EBITDA (2020 - 2026) Analysis & Trends

IonQ's EBITDA history runs 7 years deep, the most recent figure standing at -$271.5 million for Q1 2026.

  • In Q1 2026, EBITDA fell 258.76% year-over-year to -$271.5 million; the TTM figure through Mar 2026 stood at -$829.5 million (down 224.98% YoY), while the FY2025 annual figure was -$633.7 million, down 172.62% from the prior year.
  • EBITDA for Q1 2026 stood at -$271.5 million, down from -$228.6 million in the prior quarter.
  • The five-year high for EBITDA was -$18.3 million in Q1 2022, with the low at -$271.5 million in Q1 2026.
  • The 5-year median for EBITDA is -$52.9 million (2024), against an average of -$81.2 million.
  • The sharpest annual moves came in 2024 and 2026: EBITDA fell 25.93% in 2024, then tumbled 258.76% in 2026.
  • IonQ's EBITDA stood at -$23.6 million in 2022, then slumped by 130.47% to -$54.4 million in 2023, then plunged by 42.34% to -$77.5 million in 2024, then slumped by 195.0% to -$228.6 million in 2025, then declined by 18.75% to -$271.5 million in 2026.
  • Business Quant data shows IONQ's EBITDA at -$271.5 million in Q1 2026, -$228.6 million in Q4 2025, and -$168.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 3.66 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 1.16 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 4.11 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 998.00 Mn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 1.19 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 19.94 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 612.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 625.87 Mn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 258.55 Mn
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn -271.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -271.51 Mn
Dec 31, 2025 -228.63 Mn
Sep 30, 2025 -168.81 Mn
Jun 30, 2025 -160.59 Mn
Mar 31, 2025 -75.68 Mn
Dec 31, 2024 -77.50 Mn
Sep 30, 2024 -53.14 Mn
Jun 30, 2024 -48.94 Mn
Mar 31, 2024 -52.88 Mn
Dec 31, 2023 -54.45 Mn
Sep 30, 2023 -42.19 Mn
Jun 30, 2023 -33.09 Mn
Mar 31, 2023 -28.02 Mn
Dec 31, 2022 -23.63 Mn
Sep 30, 2022 -24.91 Mn
Jun 30, 2022 -18.93 Mn
Mar 31, 2022 -18.28 Mn
Dec 31, 2021 -10.84 Mn
Sep 30, 2021 -10.52 Mn
Jun 30, 2021 -9.99 Mn