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| Date | Value |
|---|---|
| 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% |