IonQ (IONQ) Operating Margin (2021 - 2026)
IonQ (IONQ) recorded quarterly Operating Margin of 419.85% in Q1 2026, down 13.65% quarter-over-quarter from 369.42% in Q4 2025, and up 58040.0% on a YoY basis from N/an in Q1 2025.
IonQ (IONQ) Operating Margin (2021 - 2026) Analysis & Trends
IonQ's Operating Margin history runs 6 years deep, the most recent figure standing at 419.85% for Q1 2026.
- In Q1 2026, Operating Margin rose 58040.0% year-over-year to 419.85%; the TTM figure through Mar 2026 stood at 443.33% (up 14951.0% YoY), while the FY2025 annual figure was 487.41%, up 5226.0% from the prior year.
- Operating Margin was 419.85% for Q1 2026 at IonQ, down from 369.42% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 369.42% in Q4 2025 to a low of 1000.25% in Q1 2025.
- Historically, Operating Margin has averaged 660.25% across 5 years, with a median of 661.85% in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 1001402 bps in 2022, then slumped 34601 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 620.57% in 2022, then slumped by 44 bps to 891.71% in 2023, then increased by 26 bps to 661.85% in 2024, then jumped by 44 bps to 369.42% in 2025, then retreated by 14 bps to 419.85% in 2026.
- The last three Operating Margin figures came in at 419.85% (Q1 2026), 369.42% (Q4 2025), and 423.45% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 9.26% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 69.09% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 42.74% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 32.07% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 35.66% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 6.11% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 8.23% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 4.25% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -419.85% |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 12.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -419.85% |
| Dec 31, 2025 | -369.42% |
| Sep 30, 2025 | -423.45% |
| Jun 30, 2025 | -776.03% |
| Mar 31, 2025 | -1,000.25% |
| Dec 31, 2024 | -661.85% |
| Sep 30, 2024 | -428.51% |
| Jun 30, 2024 | -430.02% |
| Mar 31, 2024 | -697.39% |
| Dec 31, 2023 | -891.71% |
| Sep 30, 2023 | -687.65% |
| Jun 30, 2023 | -599.98% |
| Mar 31, 2023 | -653.98% |
| Dec 31, 2022 | -620.57% |
| Sep 30, 2022 | -901.59% |
| Jun 30, 2022 | -725.77% |
| Mar 31, 2022 | -936.20% |
| Dec 31, 2021 | -657.58% |
| Sep 30, 2021 | -4,516.74% |
| Jun 30, 2021 | -10,739.78% |