Growth Metrics

IonQ (IONQ) Gross Margin (2021 - 2026)

IonQ has reported Gross Margin over the past 5 years, most recently at 29.62% for Q4 2025.

  • For Q4 2025, Gross Margin fell 6074.0% year-over-year to 29.62%; the TTM value through Dec 2025 reached 37.12%, down 1506.0%, while the annual FY2025 figure was 40.4%, 1178.0% down from the prior year.
  • Gross Margin for Q4 2025 was 29.62% at IonQ, down from 46.69% in the prior quarter.
  • Over five years, Gross Margin peaked at 181.55% in Q4 2021 and troughed at 451.93% in Q3 2021.
  • A 5-year average of 0.66% and a median of 41.92% in 2023 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: soared 48067bps in 2022 and later tumbled -26125bps in 2023.
  • Year by year, Gross Margin stood at 181.55% in 2021, then decreased by -21bps to 143.03% in 2022, then tumbled by -183bps to 118.23% in 2023, then soared by 176bps to 90.36% in 2024, then plummeted by -67bps to 29.62% in 2025.
  • Business Quant data shows Gross Margin for IONQ at 29.62% in Q4 2025, 46.69% in Q3 2025, and 59.76% in Q2 2025.