IonQ (IONQ) Operating Margin (2021 - 2026)

IonQ (IONQ) posted quarterly Operating Margin of 419.85% for Q1 2026, up 58040.0% year-over-year from N/an in Q1 2025, and down 13.65% quarter-over-quarter from 369.42% in Q4 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 for Q1 2026 stood at 419.85%, down from 369.42% in the prior quarter.
  • The five-year high for Operating Margin was 369.42% in Q4 2025, with the low at 1000.25% in Q1 2025.
  • The 5-year median for Operating Margin is 661.85% (2024), against an average of 660.25%.
  • The sharpest annual moves came in 2022 and 2025: Operating Margin soared 1001402 bps in 2022, then sank 34601 bps in 2025.
  • IonQ's Operating Margin stood at 620.57% in 2022, then sank by 44 bps to 891.71% in 2023, then grew by 26 bps to 661.85% in 2024, then soared by 44 bps to 369.42% in 2025, then fell by 14 bps to 419.85% in 2026.
  • Business Quant data shows IONQ's Operating Margin at 419.85% in Q1 2026, 369.42% in Q4 2025, and 423.45% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 8.34%
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 42.74%
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 69.09%
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 32.07%
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 35.66%
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 1.89%
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 4.25%
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 6.11%
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 21.07%
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn -419.85%

Historic Data

Download Data
DateValue
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%