IonQ reported revenue of $80.05M and net income of -$1868.60M for the quarter ended Jun 2026, up 286.8% year over year. This income statement covers 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 0.23M | 1.65M | 1.95M | 2.61M | 2.76M | 3.81M | 4.29M | 5.51M | 6.14M | 6.11M | 7.58M | 11.38M | 12.40M | 11.71M | 7.57M | 20.69M | 39.87M | 61.89M | 64.67M | 80.05M | ||||
| Cost of RevenueCost of Rev | 0.23M | 0.30M | 0.57M | 0.74M | 0.73M | 0.90M | 1.04M | 1.90M | 2.01M | 3.16M | 3.41M | 5.62M | 6.51M | 5.04M | 4.32M | 8.33M | 21.25M | 43.59M | 49.25M | 60.11M | ||||
| Gross Profit | -0.00M | 1.35M | 1.39M | 1.87M | 2.03M | 2.91M | 3.25M | 3.61M | 4.13M | 2.94M | 4.17M | 5.76M | 5.88M | 6.67M | 3.25M | 12.37M | 18.61M | 18.30M | 15.41M | 19.94M | ||||
| Operating items | ||||||||||||||||||||||||
| Research & DevelopmentR&D | 6.18M | -12.08M | 1.87M | 2.13M | 1.97M | -21.90M | 16.23M | 3.58M | 5.05M | 6.98M | 32.37M | 31.20M | 33.18M | 117.36M | 8.61M | 103.36M | 14.44M | 19.52M | 125.74M | 160.63M | ||||
| Selling, General & AdministrativeSG&A | 2.46M | 5.42M | 9.19M | 7.56M | 10.15M | 9.06M | 10.58M | 10.93M | 13.93M | 15.28M | 14.02M | 13.05M | 14.32M | 29.66M | 23.81M | 48.11M | 82.50M | 90.67M | 88.62M | 117.57M | ||||
| Other Operating ExpensesOther Opex | 2.12M | 19.15M | 9.17M | 11.85M | 15.56M | 40.26M | 5.49M | 24.10M | 29.36M | 38.29M | 14.07M | 16.07M | 18.04M | -57.81M | 50.83M | 29.82M | 111.73M | 180.33M | 121.82M | 139.09M | ||||
| Operating ExpensesOpex | 10.76M | 12.48M | 20.24M | 21.54M | 27.67M | 27.43M | 32.31M | 38.60M | 48.33M | 60.55M | 60.46M | 60.32M | 65.53M | 89.21M | 83.25M | 181.29M | 208.68M | 290.52M | 336.18M | 417.29M | ||||
| Operating IncomeOp. Inc | -10.52M | -10.84M | -18.28M | -18.93M | -24.91M | -23.62M | -28.02M | -33.09M | -42.19M | -54.45M | -52.88M | -48.94M | -53.13M | -77.50M | -75.68M | -160.59M | -168.81M | -228.63M | -271.51M | -337.24M | ||||
| EBIT | -10.52M | -10.84M | -18.28M | -18.93M | -24.91M | -23.62M | -28.02M | -33.09M | -42.19M | -54.45M | -52.88M | -48.94M | -53.13M | -77.50M | -75.68M | -160.59M | -168.81M | -228.63M | -271.51M | -337.24M | ||||
| Non-operating items | ||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | ||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.00M | 0.02M | 0.00M | -0.05M | 0.02M | 0.03M | 0.06M | 0.03M | 0.06M | -0.23M | -0.13M | -0.04M | 0.01M | -0.11M | 0.05M | 0.23M | -0.98M | 19.68M | -16.13M | 79.71M | ||||
| Net income details | ||||||||||||||||||||||||
| EBT | -14.78M | -74.08M | -4.23M | -1.65M | -23.98M | -18.65M | -27.34M | -43.72M | -44.77M | 115.87M | -39.58M | -37.55M | -52.48M | 129.87M | -32.24M | -192.80M | -1060.05M | 728.40M | 798.23M | -1874.67M | ||||
| Tax ProvisionsTaxes | 0.04M | 0.01M | 0.01M | 0.01M | 0.02M | 0.02M | 0.01M | -15.30M | -4.44M | -97.11M | -6.40M | -6.10M | ||||||||||||
| Profit After TaxPAT | -14.78M | -74.08M | -4.23M | -1.65M | -23.98M | -18.65M | -27.34M | -43.72M | -44.81M | -41.90M | -39.59M | -37.56M | -52.50M | -202.00M | -32.25M | -176.84M | -1054.95M | 751.92M | 769.47M | -1868.60M | ||||
| Income from Non-Controlling InterestsInc. Minority | -0.69M | -0.66M | -0.39M | -0.75M | -0.86M | |||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -14.78M | -74.08M | -4.23M | -1.65M | -23.98M | -18.65M | -27.34M | -43.72M | -44.81M | 115.86M | -39.59M | -37.56M | -52.50M | 129.84M | -32.25M | -177.50M | -1055.61M | 825.50M | 804.63M | -1868.57M | ||||
| Consolidated Net IncomeConsol Net Inc. | -14.78M | -74.08M | -4.23M | -1.65M | -23.98M | -18.65M | -27.34M | -43.72M | -44.81M | 115.86M | -39.59M | -37.56M | -52.50M | 129.84M | -32.25M | -177.50M | -1055.61M | 825.50M | 804.63M | -1868.57M | ||||
| Income towards Parent CompanyParent Net Inc | -14.78M | -74.08M | -4.23M | -1.65M | -23.98M | -18.65M | -27.34M | -43.72M | -44.81M | 115.86M | -39.59M | -37.56M | -52.50M | 129.84M | -32.25M | -177.50M | -1055.61M | 825.50M | 804.63M | -1868.57M | ||||
| Net Income towards Common StockholdersNet Income | -14.78M | -74.08M | -4.23M | -1.65M | -23.98M | -18.65M | -27.34M | -43.72M | -44.81M | 115.86M | -39.59M | -37.56M | -52.50M | 129.84M | -32.25M | -177.50M | -1055.61M | 825.50M | 804.63M | -1868.57M | ||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -0.12 | -0.54 | -0.02 | -0.01 | -0.12 | -0.09 | -0.14 | -0.22 | -0.22 | 0.57 | -0.19 | -0.18 | -0.24 | 0.61 | -0.14 | -0.71 | -3.58 | 2.94 | 2.24 | -5.08 | ||||
| EPS (Diluted) | -0.12 | -0.54 | -0.02 | -0.01 | -0.12 | -0.09 | -0.14 | -0.22 | -0.22 | 0.57 | -0.19 | -0.18 | -0.24 | 0.61 | -0.14 | -0.71 | -3.58 | 2.94 | 2.17 | -5.08 | ||||
| Shares Outstanding | 120.61M | 137.61M | 196.18M | 197.21M | 198.30M | 197.73M | 200.11M | 201.43M | 203.39M | 202.58M | 208.16M | 211.64M | 214.31M | 213.03M | 228.76M | 250.97M | 294.52M | 280.35M | 358.82M | 367.66M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 120.61M | 137.61M | 196.18M | 197.21M | 198.30M | 197.73M | 200.11M | 201.43M | 203.39M | 202.58M | 208.16M | 211.64M | 214.31M | 213.03M | 228.76M | 250.97M | 294.52M | 280.35M | 371.23M | 367.66M | ||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 120.61M | 137.61M | 196.39M | 198.00M | 198.91M | 199.86M | 200.12M | 201.87M | 204.12M | 206.61M | 210.84M | 213.72M | 215.98M | 221.92M | 243.07M | 269.60M | 325.31M | 280.35M | 373.17M | 381.04M | ||||
| EBITDA | -10.52M | -10.84M | -18.28M | -18.93M | -24.91M | -23.62M | -28.02M | -33.09M | -42.19M | -54.45M | -52.88M | -48.94M | -53.13M | -77.50M | -75.68M | -160.59M | -168.81M | -228.63M | -271.51M | -337.24M | ||||
| Interest ExpensesInt Expense | 227.89M | 20.39M | 0.16M | 75.63M | 88.08M | 0.16M | 0.17M | 265.65M | 288.73M | 0.17M | 157.09M | 94.20M | 118.34M | 166.29M | 259.16M | 312.36M | 441.20M | 145.54M | 35.78M | 71.09M | ||||
| Tax Rate | -0.09% | 0.01% | -0.02% | -0.04% | -0.03% | 0.02% | -0.04% | 7.94% | 0.42% | -13.33% | -0.80% | 0.33% |