IonQ (IONQ) Operating Leases (2020 - 2026)
IonQ (IONQ) recorded Operating Leases of $42.84 million in Q2 2026, up 211.9% from $13.74 million a year earlier and up 101.3% from the prior quarter.
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Analysis
IonQ (IONQ) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, IonQ reported Operating Leases of $21.17 million, up 47.4% from FY2024.
- Annual Operating Leases has increased for three straight years, with a five-year compound annual growth rate of 41.2% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $14.36 million in FY2024 (+94.2%), $7.4 million in FY2023 (+113.8%), $3.46 million in FY2022 (-5.1%) and $3.64 million in FY2021 (-3.5%).
- The Q2 2026 figure is the highest quarterly Operating Leases in data going back to Q4 2020.
- On a year-over-year basis, Operating Leases has increased for four consecutive quarters, with growth averaging 69.9% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 211.9% in Q2 2026, against a decline of 9.3% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $21.28 million (Q1 2026), $21.17 million (Q4 2025) and $19.92 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.84 Mn |
| Mar 31, 2026 | 21.28 Mn |
| Dec 31, 2025 | 21.17 Mn |
| Sep 30, 2025 | 19.92 Mn |
| Jun 30, 2025 | 13.74 Mn |
| Mar 31, 2025 | 13.74 Mn |
| Dec 31, 2024 | 14.36 Mn |
| Sep 30, 2024 | 15.21 Mn |
| Jun 30, 2024 | 15.15 Mn |
| Mar 31, 2024 | 14.45 Mn |
| Dec 31, 2023 | 7.40 Mn |
| Sep 30, 2023 | 6.50 Mn |
| Jun 30, 2023 | 5.61 Mn |
| Mar 31, 2023 | 5.62 Mn |
| Dec 31, 2022 | 3.46 Mn |
| Sep 30, 2022 | 3.51 Mn |
| Jun 30, 2022 | 3.56 Mn |
| Mar 31, 2022 | 3.60 Mn |
| Dec 31, 2021 | 3.64 Mn |
| Sep 30, 2021 | 3.68 Mn |
API Access
IonQ Operating Leases 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=operating-leases&ticker=IONQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=IONQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();