IonQ (IONQ) Gross Margin (2021 - 2025)

IonQ's Gross Margin history runs 5 years deep, the most recent figure standing at 58.89% for FY2025.

• In Q1 2026, Gross Margin fell 1913.0% year-over-year to 23.84%; the TTM figure through Mar 2026 stood at 47.44% (down 1146.0% YoY), while the FY2025 annual figure was 58.89%, up 671.0% from the prior year.
• Gross Margin was 58.89% for FY2025 at IonQ, up from 52.18% in the prior year.
• In the past five years, Gross Margin ranged from a high of 63.22% in FY2023 to a low of 24.67% in FY2022.
• Historically, Gross Margin has averaged 49.88% across 5 years, with a median of 52.18% in 2024.
• The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 2578 bps in 2022, then soared 3855 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 50.45% in 2021, then slumped by 51 bps to 24.67% in 2022, then soared by 156 bps to 63.22% in 2023, then decreased by 17 bps to 52.18% in 2024, then increased by 13 bps to 58.89% in 2025.
• The last three Gross Margin figures came in at 58.89% (FY2025), 52.18% (FY2024), and 63.22% (FY2023), per Business Quant data.