IonQ (IONQ) Market Capitalization (2021 - 2026)
IonQ (IONQ) recorded Market Capitalization of $20.29 billion in Q2 2026, up 75.2% from $11.58 billion a year earlier and up 88.6% from the prior quarter.
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Analysis
IonQ (IONQ) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2025, IonQ reported Market Capitalization of $12.58 billion, up 35.7% from FY2024.
- Annual Market Capitalization has increased for three straight years, with a four-year compound annual growth rate of 53.0% (FY2021 to FY2025).
- Across earlier years, Market Capitalization came in at $9.27 billion in FY2024 (+262.1%), $2.56 billion in FY2023 (+271.3%), $689.52 million in FY2022 (-70.0%) and $2.3 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Market Capitalization in data going back to Q1 2021.
- On a year-over-year basis, Market Capitalization has increased for seven consecutive quarters, with growth averaging 277.7% over the last eight quarters.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 959.9% in Q3 2025, against a decline of 70.0% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.76 billion (Q1 2026), $12.58 billion (Q4 2025) and $20.01 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | IonQ | 16.72 Bn | 9.10 Bn | 19.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.29 Bn |
| Mar 31, 2026 | 10.76 Bn |
| Dec 31, 2025 | 12.58 Bn |
| Sep 30, 2025 | 20.01 Bn |
| Jun 30, 2025 | 11.58 Bn |
| Mar 31, 2025 | 5.36 Bn |
| Dec 31, 2024 | 9.27 Bn |
| Sep 30, 2024 | 1.89 Bn |
| Jun 30, 2024 | 1.50 Bn |
| Mar 31, 2024 | 2.11 Bn |
| Dec 31, 2023 | 2.56 Bn |
| Sep 30, 2023 | 3.04 Bn |
| Jun 30, 2023 | 2.73 Bn |
| Mar 31, 2023 | 1.23 Bn |
| Dec 31, 2022 | 689.52 Mn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 867.25 Mn |
| Mar 31, 2022 | 2.51 Bn |
| Dec 31, 2021 | 2.30 Bn |
| Sep 30, 2021 | 1.25 Bn |
API Access
IonQ Market Capitalization 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=market-capitalization&ticker=IONQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=IONQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();