IonQ (IONQ) Tax Rate (2023 - 2026)

IonQ (IONQ) recorded quarterly Tax Rate of 0.8% in Q1 2026, up 60.18% quarter-over-quarter from 2.01% in Q4 2025, and down 76.0% on a YoY basis from 3.33% in Q1 2025.

IonQ (IONQ) Tax Rate (2023 - 2026) Analysis & Trends

IonQ's Tax Rate history runs 4 years deep, the most recent figure standing at 0.8% for Q1 2026.

  • In Q1 2026, Tax Rate fell 76.0% year-over-year to 0.8%; the TTM figure through Mar 2026 stood at 6.5% (down 648.0% YoY), while the FY2025 annual figure was 96.2%, up 9621.0% from the prior year.
  • Tax Rate was 0.8% for Q1 2026 at IonQ, up from 2.01% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 7.92% in Q2 2025 to a low of 2.01% in Q4 2025.
  • Historically, Tax Rate has averaged 0.48% across 4 years, with a median of 0.03% in 2024.
  • Biggest YoY gain for Tax Rate was 796 bps in 2025; the steepest drop was 200 bps in 2025.
  • A 4-year view of Tax Rate shows it stood at 0.01% in 2023, then plunged by 227 bps to 0.01% in 2024, then tumbled by 20177 bps to 2.01% in 2025, then surged by 60 bps to 0.8% in 2026.
  • The last three Tax Rate figures came in at 0.8% (Q1 2026), 2.01% (Q4 2025), and 0.42% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 19.29%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 11.98%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 19.55%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 13.43%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 4.58%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 20.77%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 6.76%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 8.72%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -0.80%
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 4.26%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.80%
Mar 31, 2026 -0.80%
Dec 31, 2025 -2.01%
Dec 31, 2025 -2.01%
Sep 30, 2025 0.42%
Sep 30, 2025 0.42%
Jun 30, 2025 7.92%
Jun 30, 2025 7.92%
Mar 31, 2025 -0.04%
Mar 31, 2025 -0.04%
Dec 31, 2024 -0.01%
Dec 31, 2024 -0.01%
Sep 30, 2024 -0.03%
Sep 30, 2024 -0.03%
Jun 30, 2024 -0.04%
Jun 30, 2024 -0.04%
Mar 31, 2024 -0.02%
Mar 31, 2024 -0.02%
Dec 31, 2023 0.01%
Dec 31, 2023 0.01%