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% on a QoQ basis from 369.42% in Q4 2025.
IonQ (IONQ) Operating Margin (2021 - 2026) Analysis & Trends
IonQ (IONQ) has reported Operating Margin for 6 consecutive years, with 419.85% the latest figure, recorded in 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 came in at 419.85% for Q1 2026 at IonQ, 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.
- Average Operating Margin over 5 years is 660.25%, with a median of 661.85% recorded in 2024.
- Across the five-year window, Operating Margin jumped 1001402 bps in 2022 and tumbled 34601 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 620.57% in 2022, then tumbled by 44 bps to 891.71% in 2023, then advanced by 26 bps to 661.85% in 2024, then jumped by 44 bps to 369.42% in 2025, then dropped by 14 bps to 419.85% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 419.85%, 369.42%, and 423.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 69.09% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 8.34% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 42.74% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 35.66% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 32.07% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 1.89% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 4.25% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 6.11% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 12.51% |
| 10 | IonQ | - | - | 15.41 Mn | -419.85% |
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% |