IonQ (IONQ) Operating Income (2020 - 2026)
IonQ (IONQ) recorded quarterly Operating Income of -$271.5 million in Q1 2026, down 18.75% quarter-over-quarter from -$228.6 million in Q4 2025, and down 258.76% on a YoY basis from $171.0 million in Q1 2025.
IonQ (IONQ) Operating Income (2020 - 2026) Analysis & Trends
IonQ's Operating Income history runs 7 years deep, the most recent figure standing at -$271.5 million for 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 was -$271.5 million for Q1 2026 at IonQ, down from -$228.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$18.3 million in Q1 2022 to a low of -$271.5 million in Q1 2026.
- Historically, Operating Income has averaged -$81.2 million across 5 years, with a median of -$52.9 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Operating Income retreated 25.93% in 2024, then plunged 258.76% in 2026.
- A 5-year view of Operating Income shows it stood at -$23.6 million in 2022, then tumbled by 130.47% to -$54.4 million in 2023, then sank by 42.34% to -$77.5 million in 2024, then tumbled by 195.0% to -$228.6 million in 2025, then fell by 18.75% to -$271.5 million in 2026.
- The last three Operating Income figures came in at -$271.5 million (Q1 2026), -$228.6 million (Q4 2025), and -$168.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 3.09 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 4.11 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 1.16 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 998.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 1.19 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 625.87 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 87.20 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 612.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -271.51 Mn |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 135.80 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 |