Growth Metrics

IonQ (IONQ) Gross Margin (2021 - 2025)

IonQ has reported Gross Margin over the past 5 years, most recently at 29.56% for Q4 2025.

  • Quarterly results put Gross Margin at 29.56% for Q4 2025, down 2735.0% from a year ago — trailing twelve months through Dec 2025 was 43.68% (up 32.0% YoY), and the annual figure for FY2025 was 40.4%, down 1178.0%.
  • Gross Margin for Q4 2025 was 29.56% at IonQ, down from 63.78% in the prior quarter.
  • Over the last five years, Gross Margin for IONQ hit a ceiling of 179.51% in Q4 2022 and a floor of 451.93% in Q3 2021.
  • Median Gross Margin over the past 5 years was 39.07% (2023), compared with a mean of 4.22%.
  • Biggest five-year swings in Gross Margin: surged 48067bps in 2022 and later crashed -6847bps in 2024.
  • IonQ's Gross Margin stood at 51.15% in 2021, then soared by 451bps to 179.51% in 2022, then plummeted by -30bps to 125.38% in 2023, then tumbled by -55bps to 56.92% in 2024, then plummeted by -48bps to 29.56% in 2025.
  • The last three reported values for Gross Margin were 29.56% (Q4 2025), 63.78% (Q3 2025), and 47.44% (Q2 2025) per Business Quant data.