IonQ (IONQ) FCF Margin (2021 - 2026)

IonQ (IONQ) recorded quarterly FCF Margin of 246.48% in Q1 2026, down 123.81% quarter-over-quarter from 110.13% in Q4 2025, and up 19202.0% on a YoY basis from N/an in Q1 2025.

IonQ (IONQ) FCF Margin (2021 - 2026) Analysis & Trends

IonQ's FCF Margin history runs 6 years deep, the most recent figure standing at 246.48% for Q1 2026.

  • In Q1 2026, FCF Margin rose 19202.0% year-over-year to 246.48%; the TTM figure through Mar 2026 stood at 219.48% (up 5471.0% YoY), while the FY2025 annual figure was 218.79%, up 2903.0% from the prior year.
  • FCF Margin was 246.48% for Q1 2026 at IonQ, down from 110.13% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 93.92% in Q3 2024 to a low of 733.08% in Q3 2022.
  • Historically, FCF Margin has averaged 329.38% across 5 years, with a median of 319.59% in 2024.
  • The sharpest annual moves came in 2022 and 2025: FCF Margin surged 506564 bps in 2022, then tumbled 22921 bps in 2025.
  • A 5-year view of FCF Margin shows it stood at 228.82% in 2022, then plunged by 74 bps to 397.46% in 2023, then rose by 20 bps to 319.59% in 2024, then soared by 66 bps to 110.13% in 2025, then tumbled by 124 bps to 246.48% in 2026.
  • The last three FCF Margin figures came in at 246.48% (Q1 2026), 110.13% (Q4 2025), and 323.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 11.84%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 50.30%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 60.50%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 42.83%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 29.31%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn -64.58%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 25.34%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 5.25%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -246.48%
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 18.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 -246.48%
Dec 31, 2025 -110.13%
Sep 30, 2025 -323.13%
Jun 30, 2025 -262.43%
Mar 31, 2025 -438.50%
Dec 31, 2024 -319.59%
Sep 30, 2024 -93.92%
Jun 30, 2024 -314.63%
Mar 31, 2024 -288.38%
Dec 31, 2023 -397.46%
Sep 30, 2023 -382.40%
Jun 30, 2023 -311.75%
Mar 31, 2023 -342.08%
Dec 31, 2022 -228.82%
Sep 30, 2022 -733.08%
Jun 30, 2022 -328.99%
Mar 31, 2022 -477.78%
Dec 31, 2021 -244.78%
Sep 30, 2021 -5,352.36%
Jun 30, 2021 -5,394.62%