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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

IonQ (IONQ) Gross Margin (2021 - 2025)

IonQ (IONQ) has 5 years of Gross Margin data on record, last reported at 29.62% in Q4 2025.

  • For Q4 2025, Gross Margin fell 6074.0% year-over-year to 29.62%; the TTM value through Dec 2025 reached 40.4%, down 1297.0%, while the annual FY2025 figure was 40.4%, 1178.0% down from the prior year.
  • Gross Margin reached 29.62% in Q4 2025 per IONQ's latest filing, down from 63.78% in the prior quarter.
  • Across five years, Gross Margin topped out at 90.36% in Q4 2024 and bottomed at 251.61% in Q2 2021.
  • Average Gross Margin over 5 years is 13.57%, with a median of 32.4% recorded in 2023.
  • Peak YoY movement for Gross Margin: skyrocketed 26990bps in 2022, then plummeted -12235bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 81.92% in 2021, then plummeted by -95bps to 4.12% in 2022, then plummeted by -2967bps to 118.23% in 2023, then skyrocketed by 176bps to 90.36% in 2024, then tumbled by -67bps to 29.62% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 29.62% in Q4 2025, 63.78% in Q3 2025, and 47.44% in Q2 2025.