IonQ, Inc. (IONQ) Financials
Key financial figures for IonQ, Inc. (Q3 2026).
IonQ reported record Q3 2026 revenue of $173.8M, up 336% year-over-year, and raised full-year 2026 revenue guidance to $505M to $515M. Revenue was $173.8M versus $39.9M a year earlier (+336%); the release calls it the sixth consecutive record quarter and says revenue, GAAP EPS and Adjusted EPS all exceeded consensus estimates, without printing the estimates. SkyWater, consolidated from the July 31 close, contributed $83.5M (Foundry Services segment); IonQ Platform revenue was $90.3M, up 127% from $39.9M. GAAP net income attributable to IonQ was $564.0M ($1.35 diluted EPS), reflecting an $896.2M non-cash gain on the fair value of warrant liabilities; loss from operations was $(433.1)M. On the outlook: Raised full-year 2026 revenue guidance to $505 million to $515 million and expects 110% year-over-year growth in quantum computing revenue. The release carried no adjusted EBITDA guidance. Figures are for Q3 2026, as IonQ Inc. reported them.
- Revenue
- $174M
- Net Income
- $564M
- EPS
- $1.42
- Total Assets
- $7.9B
- Operating Cash Flow
- -$316M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $174M | $564M | $1.35 | -249.14% | -$332M |
| Q2 FY2026 | $80M | -$1.9B | -$5.08 | -421.29% | -$114M |
| Q1 FY2026 | $65M | $805M | $2.07 | -419.85% | -$159M |
| Q4 FY2025 | $62M | $704M | $1.93 | -392.2% | -$83M |
| Q3 FY2025 | $40M | -$1.1B | -$3.58 | -423.45% | -$127M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $130M | -$510M | -$1.82 | -487.41% | -$300M |
| FY2024 | $43M | -$332M | -$1.56 | -539.68% | -$129M |
| FY2023 | $22M | -$158M | -$0.78 | -715.7% | -$98M |
Frequently asked questions
What was IonQ Inc.'s revenue last quarter?
IonQ Inc. reported revenue of $173.8 million for Q3 FY2026, up 336.0% from the same period a year earlier.
Is IonQ Inc. profitable?
Yes. IonQ Inc. reported net income of $564.0 million for Q3 FY2026, a net margin of 324.43% on revenue.
How has IonQ Inc.'s margin trended?
Operating margin was -249.14% in Q3 FY2026, compared with -423.45% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did IonQ Inc. generate?
IonQ Inc. generated free cash flow of -$331.9 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for IonQ, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.