IonQ (IONQ) Inventory (2022 - 2026)
IonQ (IONQ) recorded Inventory of $62.52 million in Q2 2026, up 617.4% from $8.72 million a year earlier and up 16.8% from the prior quarter.
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Analysis
IonQ (IONQ) Inventory (2022 - 2026) Analysis & Trends
At the end of FY2025, IonQ reported Inventory of $47.39 million, up 168.8% from FY2024.
- Annual Inventory has increased for three straight years, with a three-year compound annual growth rate of 109.4% (FY2022 to FY2025).
- Across earlier years, Inventory came in at $17.63 million in FY2024 (+41.3%), $12.48 million in FY2023 (+141.6%) and $5.16 million in FY2022.
- The Q2 2026 figure is the highest quarterly Inventory in data going back to Q4 2022.
- On a year-over-year basis, Inventory has increased for three consecutive quarters, with growth averaging 127.4% over the last seven quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 617.4% in Q2 2026, against a decline of 54.7% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $53.55 million (Q1 2026), $47.39 million (Q4 2025) and $8.66 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | - |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 426.30 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 486.56 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | - |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | - |
| 10 | IonQ | 16.98 Bn | 9.36 Bn | 19.94 Mn | 62.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.52 Mn |
| Mar 31, 2026 | 53.55 Mn |
| Dec 31, 2025 | 47.39 Mn |
| Sep 30, 2025 | 8.66 Mn |
| Jun 30, 2025 | 8.72 Mn |
| Mar 31, 2025 | 23.97 Mn |
| Dec 31, 2024 | 17.63 Mn |
| Sep 30, 2024 | 17.95 Mn |
| Jun 30, 2024 | 19.22 Mn |
| Mar 31, 2024 | 16.25 Mn |
| Dec 31, 2023 | 12.48 Mn |
| Dec 31, 2022 | 5.16 Mn |
API Access
IonQ Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=IONQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "IONQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=IONQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();