IonQ, Inc. (IONQ) Gross Margin (2021 - 2026)

IonQ's Gross Margin history runs 6 years deep, the most recent figure standing at 23.84% for Q1 2026.

• In Q1 2026, Gross Margin fell 1913.0% year-over-year to 23.84%; the TTM figure through Mar 2026 stood at 34.57% (down 1550.0% YoY), while the FY2025 annual figure was 40.4%, down 1178.0% from the prior year.
• Gross Margin for Q1 2026 stood at 23.84%, down from 29.56% in the prior quarter.
• The five-year high for Gross Margin was 76.33% in Q4 2022, with the low at 23.84% in Q1 2026.
• The 5-year median for Gross Margin is 56.92% (2024), against an average of 56.58%.
• The sharpest annual moves came in 2022 and 2023: Gross Margin surged 32316 bps in 2022, then plunged 2813 bps in 2023.
• IonQ's Gross Margin stood at 76.33% in 2022, then slumped by 37 bps to 48.2% in 2023, then rose by 18 bps to 56.92% in 2024, then tumbled by 48 bps to 29.56% in 2025, then retreated by 19 bps to 23.84% in 2026.
• Business Quant data shows IONQ's Gross Margin at 23.84% in Q1 2026, 29.56% in Q4 2025, and 46.69% in Q3 2025.