IonQ (IONQ) Tax Provisions (2023 - 2026)
IonQ (IONQ) recorded quarterly Tax Provisions of -$6.4 million in Q1 2026, up 74.34% quarter-over-quarter from -$24.9 million in Q4 2025, and down 53283.33% on a YoY basis from N/an in Q1 2025.
IonQ (IONQ) Tax Provisions (2023 - 2026) Analysis & Trends
IonQ's Tax Provisions history runs 4 years deep, the most recent figure standing at -$6.4 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 53283.33% year-over-year to -$6.4 million; the TTM figure through Mar 2026 stood at -$51.0 million (down 80990.48% YoY), while the FY2025 annual figure was -$44.6 million, down 75645.76% from the prior year.
- Tax Provisions was -$6.4 million for Q1 2026 at IonQ, up from -$24.9 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $39000.0 in Q3 2023 to a low of -$24.9 million in Q4 2025.
- Historically, Tax Provisions has averaged -$4.6 million across 4 years, with a median of $9000.0 in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions soared 122.22% in 2024, then slumped 124460.0% in 2025.
- A 4-year view of Tax Provisions shows it stood at $9000.0 in 2023, then jumped by 122.22% to $20000.0 in 2024, then plunged by 124460.0% to -$24.9 million in 2025, then jumped by 74.34% to -$6.4 million in 2026.
- The last three Tax Provisions figures came in at -$6.4 million (Q1 2026), -$24.9 million (Q4 2025), and -$4.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 540.00 Mn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 492.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 248.50 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 116.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 154.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 126.90 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 7.27 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 43.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -6.38 Mn |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 6.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.38 Mn |
| Dec 31, 2025 | -24.87 Mn |
| Sep 30, 2025 | -4.44 Mn |
| Jun 30, 2025 | -15.27 Mn |
| Mar 31, 2025 | 12,000.00 |
| Dec 31, 2024 | 20,000.00 |
| Sep 30, 2024 | 16,000.00 |
| Jun 30, 2024 | 15,000.00 |
| Mar 31, 2024 | 8,000.00 |
| Dec 31, 2023 | 9,000.00 |
| Sep 30, 2023 | 39,000.00 |