IonQ (IONQ) Free Cash Flow (2020 - 2026)
IonQ (IONQ) posted quarterly Free Cash Flow of -$159.4 million for Q1 2026, down 380.43% year-over-year from $56.8 million in Q1 2025, and down 118.87% quarter-over-quarter from -$72.8 million in Q4 2025.
IonQ (IONQ) Free Cash Flow (2020 - 2026) Analysis & Trends
IonQ's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$159.4 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 380.43% year-over-year to -$159.4 million; the TTM figure through Mar 2026 stood at -$410.7 million (down 252.78% YoY), while the FY2025 annual figure was -$284.5 million, down 166.5% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$159.4 million, down from -$72.8 million in the prior quarter.
- The five-year high for Free Cash Flow was -$8.8 million in Q1 2022, with the low at -$159.4 million in Q1 2026.
- The 5-year median for Free Cash Flow is -$23.5 million (2024), against an average of -$40.6 million.
- Peak annual rise in Free Cash Flow reached 27.44% in 2022, while the deepest fall reached 30289.29% in 2022.
- IonQ's Free Cash Flow stood at -$16.9 million in 2022, then slumped by 120.03% to -$37.2 million in 2023, then slipped by 0.6% to -$37.4 million in 2024, then tumbled by 94.6% to -$72.8 million in 2025, then slumped by 118.87% to -$159.4 million in 2026.
- Business Quant data shows IONQ's Free Cash Flow at -$159.4 million in Q1 2026, -$72.8 million in Q4 2025, and -$122.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 3.12 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 1.64 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 2.99 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 1.33 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 978.00 Mn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 157.09 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 756.00 Mn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | -6.62 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 149.91 Mn |
| 10 | IonQ | 13.97 Bn | 11.94 Bn | 15.41 Mn | -159.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -159.39 Mn |
| Mar 31, 2026 | -159.39 Mn |
| Dec 31, 2025 | -72.83 Mn |
| Dec 31, 2025 | -72.83 Mn |
| Sep 30, 2025 | -122.54 Mn |
| Sep 30, 2025 | -122.54 Mn |
| Jun 30, 2025 | -55.92 Mn |
| Jun 30, 2025 | -55.92 Mn |
| Mar 31, 2025 | -33.18 Mn |
| Mar 31, 2025 | -33.18 Mn |
| Dec 31, 2024 | -37.42 Mn |
| Dec 31, 2024 | -37.42 Mn |
| Sep 30, 2024 | -20.15 Mn |
| Sep 30, 2024 | -20.15 Mn |
| Jun 30, 2024 | -25.67 Mn |
| Jun 30, 2024 | -25.67 Mn |
| Mar 31, 2024 | -23.51 Mn |
| Mar 31, 2024 | -23.51 Mn |
| Dec 31, 2023 | -37.20 Mn |
| Dec 31, 2023 | -37.20 Mn |