IonQ (IONQ) Operating Income (2020 - 2026)
IonQ (IONQ) posted quarterly Operating Income of -$271.5 million for Q1 2026, down 258.76% year-over-year from $171.0 million in Q1 2025, and down 18.75% on a QoQ basis from -$228.6 million in Q4 2025.
IonQ (IONQ) Operating Income (2020 - 2026) Analysis & Trends
IonQ (IONQ) has reported Operating Income for 7 consecutive years, with -$271.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income fell 258.76% year-over-year to -$271.5 million; the TTM figure through Mar 2026 stood at -$829.5 million (down 224.98% YoY), while the FY2025 annual figure was -$633.7 million, down 172.62% from the prior year.
- Operating Income came in at -$271.5 million for Q1 2026 at IonQ, down from -$228.6 million in the prior quarter.
- The five-year high for Operating Income was -$18.3 million in Q1 2022, with the low at -$271.5 million in Q1 2026.
- Average Operating Income over 5 years is -$81.2 million, with a median of -$52.9 million recorded in 2024.
- Across the five-year window, Operating Income dropped 25.93% in 2024 and sank 258.76% in 2026, its largest moves.
- Year by year, Operating Income stood at -$23.6 million in 2022, then plunged by 130.47% to -$54.4 million in 2023, then slumped by 42.34% to -$77.5 million in 2024, then plunged by 195.0% to -$228.6 million in 2025, then slipped by 18.75% to -$271.5 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$271.5 million, -$228.6 million, and -$168.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 4.11 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 3.66 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 1.16 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 1.19 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 998.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 19.94 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 612.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 625.87 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 135.80 Mn |
| 10 | IonQ | - | - | 15.41 Mn | -271.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -271.51 Mn |
| Dec 31, 2025 | -228.63 Mn |
| Sep 30, 2025 | -168.81 Mn |
| Jun 30, 2025 | -160.59 Mn |
| Mar 31, 2025 | -75.68 Mn |
| Dec 31, 2024 | -77.50 Mn |
| Sep 30, 2024 | -53.14 Mn |
| Jun 30, 2024 | -48.94 Mn |
| Mar 31, 2024 | -52.88 Mn |
| Dec 31, 2023 | -54.45 Mn |
| Sep 30, 2023 | -42.19 Mn |
| Jun 30, 2023 | -33.09 Mn |
| Mar 31, 2023 | -28.02 Mn |
| Dec 31, 2022 | -23.63 Mn |
| Sep 30, 2022 | -24.91 Mn |
| Jun 30, 2022 | -18.93 Mn |
| Mar 31, 2022 | -18.28 Mn |
| Dec 31, 2021 | -10.84 Mn |
| Sep 30, 2021 | -10.52 Mn |
| Jun 30, 2021 | -9.99 Mn |