Balance Sheet IonQ, Inc.

Stocks

IONQ

US46222L1089

Computer Hardware

Market Closed - NYSE Other stock markets 04:00:02 2026-07-10 pm EDT			After hours 08:00:00 pm
42.86 ^USD	-4.27%		43.90	+2.43%

Jul. 02	Archer Materials to Raise AU$7 Million Through Placement, AU$3 Million Via Share Purchase Plan	MT
Jul. 01	Archer Materials Signs Three-Year Quantum Compute Agreement With US-Listed IonQ	MT

7b8f03de000463ce2deed70f9776e6e4.n0H8O3q8DSvJUPcqC3FmW44gQW7XKfV1QfOkRM0RrpU.zDaScw31Zlz9IbxtbzQDLOBDchaFWI8_DoXsKL8o5PTHNql5EfFlaq0Gww

Published financial data: IONQ, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.1M	11.13M	22.04M	43.07M	130M
Total Revenues	2.1M	11.13M	22.04M	43.07M	130M
Cost of Goods Sold, Total	995K	2.89M	8.11M	20.34M	75.33M
Gross Profit	1.1M	8.24M	13.93M	22.73M	54.69M
Selling General & Admin Expenses, Total	17.63M	45.02M	69.71M	101M	261M
R&D Expenses	19.62M	43.37M	91.6M	135M	302M
Depreciation & Amortization - (IS)	2.55M	5.6M	10.38M	18.65M	82M
Other Operating Expenses, Total	39.79M	93.99M	172M	255M	645M
Operating Income	-38.69M	-85.75M	-158M	-232M	-590M
Interest And Investment Income	-	7.09M	19.32M	18.25M	56M
Net Interest Expenses	-	7.09M	19.32M	18.25M	56M
Other Non Operating Income (Expenses)	-67.5M	30.14M	-19.29M	-117M	21.02M
EBT, Excl. Unusual Items	-106M	-48.51M	-158M	-332M	-513M
Merger & Related Restructuring Charges	-	-	-	-	-43.5M
EBT, Incl. Unusual Items	-106M	-48.51M	-158M	-332M	-557M
Income Tax Expense	-	-	48K	59K	-44.57M
Earnings From Continuing Operations	-106M	-48.51M	-158M	-332M	-512M
Net Income to Company	-106M	-48.51M	-158M	-332M	-512M
Minority Interest	-	-	-	-	1.74M
Net Income - (IS)	-106M	-48.51M	-158M	-332M	-510M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-106M	-48.51M	-158M	-332M	-510M
Net Income to Common Excl. Extra Items	-106M	-48.51M	-158M	-332M	-510M
Per Share Items
Net EPS - Basic	-0.77	-0.25	-0.78	-1.56	-1.82
Basic EPS - Continuing Operations	-0.77	-0.25	-0.78	-1.56	-1.82
Basic Weighted Average Shares Outstanding	138M	198M	203M	213M	280M
Net EPS - Diluted	-0.77	-0.25	-0.78	-1.56	-1.82
Diluted EPS - Continuing Operations	-0.77	-0.25	-0.78	-1.56	-1.82
Diluted Weighted Average Shares Outstanding	138M	198M	203M	213M	280M
Normalized Basic EPS	-0.48	-0.15	-0.49	-0.97	-1.14
Normalized Diluted EPS	-0.48	-0.15	-0.49	-0.97	-1.14
Supplemental Items
EBITDA	-36.14M	-80.14M	-147M	-214M	-515M
EBITA	-37.89M	-84.15M	-155M	-227M	-544M
EBIT	-38.69M	-85.75M	-158M	-232M	-590M
EBITDAR	-35.36M	-79.3M	-146M	-211M	-507M
Effective Tax Rate - (Ratio)	-	-	-0.03	-0.02	8.01
Current Foreign Taxes	-	-	48K	59K	296K
Total Current Taxes	-	-	48K	59K	296K
Deferred Domestic Taxes	-	-	-	-	-38.61M
Deferred Foreign Taxes	-	-	-	-	-6.26M
Total Deferred Taxes	-	-	-	-	-44.87M
Normalized Net Income	-66.37M	-30.32M	-98.58M	-207M	-319M
Supplemental Operating Expense Items
Advertising Expense	1.1M	1.3M	900K	200K	-
Selling and Marketing Expenses	3.22M	8.34M	18.19M	28.22M	52.92M
General and Administrative Expenses	13.63M	35.84M	50.07M	70.41M	201M
Research And Development Expense From Footnotes	20.23M	43.98M	95.22M	142M	312M
Net Rental Expense, Total	776K	842K	1.46M	2.74M	7.54M
Stock-Based Comp., COGS (Total)	62K	902K	2.82M	4.74M	21.81M
Stock-Based Comp., R&D Exp. (Total)	2.84M	13.47M	40.1M	58.7M	170M
Stock-Based Comp., S&M Exp. (Total)	67K	1.3M	6.76M	13.79M	23.9M
Stock-Based Comp., G&A Exp. (Total)	4.78M	15.78M	20.06M	29.65M	96.5M
Total Stock-Based Compensation	7.75M	31.46M	69.74M	107M	312M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	399M	44.37M	35.66M	54.39M	1.03B
Short Term Investments	123M	311M	320M	286M	1.36B
Total Cash And Short Term Investments	522M	356M	355M	340M	2.39B
Accounts Receivable, Total	707K	3.29M	11.47M	10.19M	66.53M
Other Receivables	-	-	-	2.22M	18.49M
Total Receivables	707K	3.29M	11.47M	12.41M	85.03M
Inventory	-	-	12.48M	18.66M	57.7M
Prepaid Expenses	6.44M	12.54M	5.7M	4.89M	12.19M
Other Current Assets, Total	-	-	4.91M	2.56M	39.37M
Total Current Assets	530M	372M	390M	379M	2.59B
Gross Property Plant And Equipment	26.35M	37.23M	56.73M	89.84M	197M
Accumulated Depreciation	-3.44M	-7.46M	-14.6M	-27.61M	-54.35M
Net Property Plant And Equipment	22.9M	29.77M	42.13M	62.23M	143M
Long-term Investments	80.11M	182M	100M	23.54M	1.04B
Goodwill	-	742K	742K	9.9M	1.96B
Other Intangibles, Total	5.84M	8.94M	15.08M	29.47M	767M
Other Long-Term Assets, Total	3.56M	4.91M	5.16M	4.44M	74.39M
Total Assets	642M	598M	554M	508M	6.57B
Liabilities
Accounts Payable, Total	1.88M	3.06M	5.6M	5.23M	26.14M
Accrued Expenses, Total	2.65M	6.66M	18.38M	12.59M	72.34M
Current Portion of Leases	568K	591K	710K	3.37M	8.85M
Unearned Revenue Current, Total	3.43M	8.73M	12.09M	10.68M	42.12M
Other Current Liabilities	1.16M	1.13M	392K	4.22M	17.38M
Total Current Liabilities	9.69M	20.16M	37.16M	36.08M	167M
Long-Term Leases	3.64M	3.46M	7.4M	14.36M	21.17M
Unearned Revenue Non Current	1.53M	1.2M	447K	-	1.92M
Other Non Current Liabilities	35.93M	4.96M	23.58M	74.08M	2.57B
Total Liabilities	50.8M	29.78M	68.59M	125M	2.76B
Preferred Stock Convertible	-	-	-	-	-
Preferred Stock - Others	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	19K	20K	20K	22K	36K
Additional Paid In Capital	737M	770M	839M	1.07B	5.01B
Retained Earnings	-146M	-194M	-352M	-684M	-1.19B
Comprehensive Income and Other	-148K	-7.36M	-1.97M	157K	-12.67M
Total Common Equity	591M	568M	485M	384M	3.8B
Minority Interest	-	-	-	-	14.18M
Total Equity	591M	568M	485M	384M	3.81B
Total Liabilities And Equity	642M	598M	554M	508M	6.57B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	198M	202M	208M	223M	367M
ECS Total Common Shares Outstanding	196M	200M	207M	222M	363M
Book Value / Share	3.02	2.84	2.35	1.73	10.48
Tangible Book Value	585M	559M	469M	344M	1.07B
Tangible Book Value Per Share	2.99	2.79	2.27	1.55	2.95
Total Debt	4.21M	4.05M	8.1M	17.72M	30.02M
Net Debt	-518M	-352M	-347M	-323M	-2.36B
Debt Equivalent Oper. Leases	6.21M	6.74M	11.66M	21.94M	60.28M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	14.18M
Account Code - Inventory Valuation	3	3	3	6	6
Machinery, Total	21.49M	32.34M	42.07M	62.45M	149M
Full Time Employees	97	202	324	407	1.13K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-106M	-48.51M	-158M	-332M	-510M
Depreciation & Amortization - CF	1.75M	4M	7.18M	13.05M	29.2M
Amortization of Goodwill and Intangible Assets - (CF)	800K	1.6M	3.2M	5.6M	46.2M
Depreciation & Amortization, Total	2.55M	5.6M	10.38M	18.65M	75.4M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	6.6M
(Gain) Loss on Sale of Investments - (CF)	-	-	-9.75M	-8.8M	-8.32M
Asset Writedown & Restructuring Costs	1.34M	520K	520K	520K	-
Stock-Based Compensation (CF)	7.75M	31.46M	69.74M	107M	312M
Other Operating Activities, Total	68.22M	-31.27M	20.68M	122M	-49.24M
Change In Accounts Receivable	-317K	-1.51M	-8.18M	1.61M	-37.67M
Change In Accounts Payable	763K	1.06M	2.19M	-601K	-7.64M
Change in Unearned Revenues	3.6M	3.89M	2.6M	-1.75M	9.28M
Change in Other Net Operating Assets	-4.25M	-5.94M	-9.23M	-12.45M	-73.26M
Cash from Operations	-26.54M	-44.7M	-78.81M	-106M	-283M
Capital Expenditure	-7.78M	-9.34M	-13.7M	-17.99M	-16.42M
Cash Acquisitions	-	-848K	-	-15.45M	523K
Sale (Purchase) of Intangible assets	-2.24M	-3.23M	-5.85M	-5.58M	-
Investment in Marketable and Equity Securities, Total	-204M	-296M	88.32M	122M	-2.07B
Other Investing Activities, Total	-	-	-	-	-4.22M
Cash from Investing	-214M	-309M	68.77M	82.73M	-2.1B
Issuance of Common Stock	31.53M	3.08M	1.95M	41.45M	3.35B
Repurchase of Common Stock	-	-1.98M	-	-	-
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	572M	-	-193K	238K	7.88M
Cash from Financing	603M	1.1M	1.76M	41.69M	3.36B
Foreign Exchange Rate Adjustments	-	-	-2K	25K	581K
Net Change in Cash	363M	-353M	-8.29M	18.76M	981M
Supplemental Items
Levered Free Cash Flow	-20.86M	-27.33M	-39.86M	-51.02M	-21.78M
Unlevered Free Cash Flow	-20.86M	-27.33M	-39.86M	-51.02M	-21.78M
Change In Net Working Capital	-3.05M	-1.76M	1.83M	7.7M	30.51M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-6.88	-8.64	-17.12	-27.36	-10.42
Return on Total Capital	-7.4	-9.18	-18.51	-32.48	-17.38
Return On Equity %	-32.93	-8.37	-29.96	-76.34	-24.4
Return on Common Equity	-32.93	-8.37	-29.96	-76.34	-24.4
Margin Analysis
Gross Profit Margin %	52.6	74.03	63.22	52.77	42.06
SG&A Margin	839.83	404.42	316.28	235.35	200.78
EBITDA Margin %	-1.72K	-719.99	-668.63	-496.37	-395.96
EBITA Margin %	-1.81K	-755.96	-701.18	-526.68	-418.42
EBIT Margin %	-1.84K	-770.34	-715.7	-539.68	-453.96
Income From Continuing Operations Margin %	-5.06K	-435.82	-715.77	-769.96	-393.89
Net Income Margin %	-5.06K	-435.82	-715.77	-769.96	-392.55
Net Avail. For Common Margin %	-5.06K	-435.82	-715.77	-769.96	-392.55
Normalized Net Income Margin	-3.16K	-272.39	-447.22	-481.14	-245.36
Levered Free Cash Flow Margin	-993.82	-245.54	-180.83	-118.45	-16.75
Unlevered Free Cash Flow Margin	-993.82	-245.54	-180.83	-118.45	-16.75
Asset Turnover
Asset Turnover	0.01	0.02	0.04	0.08	0.04
Fixed Assets Turnover	0.11	0.42	0.61	0.83	1.27
Receivables Turnover (Average Receivables)	3.83	5.57	2.99	3.98	3.39
Inventory Turnover (Average Inventory)	-	-	0.92	1.31	2
Short Term Liquidity
Current Ratio	54.65	18.43	10.49	10.5	15.5
Quick Ratio	53.99	17.81	9.87	9.77	14.85
Operating Cash Flow to Current Liabilities	-2.74	-2.22	-2.12	-2.93	-1.7
Days Sales Outstanding (Average Receivables)	95.38	65.57	122.2	92	107.69
Days Outstanding Inventory (Average Inventory)	-	-	397.05	280.07	182.49
Average Days Payable Outstanding	443.87	311.66	102.42	74.71	49.61
Cash Conversion Cycle (Average Days)	-	-	416.83	297.37	240.57
Long Term Solvency
Total Debt/Equity	0.71	0.71	1.67	4.62	0.79
Total Debt / Total Capital	0.71	0.71	1.64	4.41	0.78
LT Debt/Equity	0.62	0.61	1.52	3.74	0.56
Long-Term Debt / Total Capital	0.61	0.6	1.5	3.58	0.55
Total Liabilities / Total Assets	7.91	4.98	12.39	24.49	41.96
Total Debt / EBITDA	-0.12	-0.05	-0.06	-0.08	-0.06
Net Debt / EBITDA	14.66	4.44	2.38	1.53	4.66
Total Debt / (EBITDA - Capex)	-0.1	-0.05	-0.05	-0.08	-0.06
Net Debt / (EBITDA - Capex)	12.01	3.97	2.18	1.41	4.51
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	430.3	98.02	95.41	201.85
Gross Profit, 1 Yr. Growth %	-872.03	646.38	70.2	61.45	140.59
EBITDA, 1 Yr. Growth %	152.14	121.76	83.9	45.07	134.97
EBITA, 1 Yr. Growth %	145.49	122.1	83.67	46.78	134.33
EBIT, 1 Yr. Growth %	145.9	121.64	83.98	47.35	153.9
Earnings From Cont. Operations, 1 Yr. Growth %	588.45	-54.32	225.23	110.21	54.42
Net Income, 1 Yr. Growth %	588.45	-54.32	225.23	110.21	53.89
Normalized Net Income, 1 Yr. Growth %	588.45	-52.41	225.13	110.23	53.93
Diluted EPS Before Extra, 1 Yr. Growth %	475.56	-68.21	217.44	99.89	16.94
Accounts Receivable, 1 Yr. Growth %	81.28	365.63	248.33	-11.15	553.04
Inventory, 1 Yr. Growth %	-	-	141.6	49.55	227.34
Net Property, Plant and Equip., 1 Yr. Growth %	40.64	29.98	41.53	47.72	129.58
Total Assets, 1 Yr. Growth %	961.59	-6.86	-7.43	-8.16	1.19K
Tangible Book Value, 1 Yr. Growth %	1.05K	-4.59	-16	-26.58	210.17
Common Equity, 1 Yr. Growth %	1K	-3.89	-14.65	-20.85	889.81
Cash From Operations, 1 Yr. Growth %	121.01	68.44	76.32	34.1	167.96
Capital Expenditures, 1 Yr. Growth %	-22.42	19.95	46.78	31.3	-8.75
Levered Free Cash Flow, 1 Yr. Growth %	5.65	31.02	45.84	28	-52.07
Unlevered Free Cash Flow, 1 Yr. Growth %	5.65	31.02	45.84	28	-52.07
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	223.96	-	224.06	96.71	142.87
Gross Profit, 2 Yr. CAGR %	213.96	659.09	255.27	66.09	97.09
EBITDA, 2 Yr. CAGR %	102.05	136.46	101.94	63.33	85.09
EBITA, 2 Yr. CAGR %	102.33	133.5	101.97	64.19	85.88
EBIT, 2 Yr. CAGR %	104.45	133.45	101.93	64.65	93.43
Earnings From Cont. Operations, 2 Yr. CAGR %	244.91	77.35	21.89	161.47	80.17
Net Income, 2 Yr. CAGR %	244.91	77.35	21.89	161.47	79.86
Normalized Net Income, 2 Yr. CAGR %	244.91	77.35	24.4	161.44	79.89
Diluted EPS Before Extra, 2 Yr. CAGR %	-41.34	35.28	0.46	151.9	52.89
Accounts Receivable, 2 Yr. CAGR %	165.89	190.53	302.73	75.92	140.87
Inventory, 2 Yr. CAGR %	-	-	-	90.08	115.05
Net Property, Plant and Equip., 2 Yr. CAGR %	150.59	35.2	35.63	44.59	84.16
Total Assets, 2 Yr. CAGR %	213.45	214.45	-7.14	-7.8	244.51
Tangible Book Value, 2 Yr. CAGR %	413.59	230.88	-10.47	-21.46	50.91
Common Equity, 2 Yr. CAGR %	431.65	225.28	-9.43	-17.81	179.9
Cash From Operations, 2 Yr. CAGR %	85.39	92.94	72.33	53.77	89.56
Capital Expenditures, 2 Yr. CAGR %	79.41	-3.53	32.69	38.82	9.46
Levered Free Cash Flow, 2 Yr. CAGR %	-	17.66	38.23	36.63	-19.98
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	17.66	38.23	36.63	-19.98
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	281.8	-	173.78	126.89
Gross Profit, 3 Yr. CAGR %	-	319.02	360.16	174.08	87.93
EBITDA, 3 Yr. CAGR %	-	108.42	117.45	80.86	85.89
EBITA, 3 Yr. CAGR %	-	108.71	115.55	81.59	86.29
EBIT, 3 Yr. CAGR %	-	110.03	115.64	81.8	90.22
Earnings From Cont. Operations, 3 Yr. CAGR %	-	75.82	117.08	46.17	119.37
Net Income, 3 Yr. CAGR %	-	75.82	117.08	46.17	119.12
Normalized Net Income, 3 Yr. CAGR %	-	75.82	117.05	48.17	119.12
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-52.17	79.76	26.36	95.05
Accounts Receivable, 3 Yr. CAGR %	-	220.49	208.65	143.35	172.39
Inventory, 3 Yr. CAGR %	-	-	-	-	123.56
Net Property, Plant and Equip., 3 Yr. CAGR %	-	101.34	37.28	39.54	68.68
Total Assets, 3 Yr. CAGR %	-	109.17	109.18	-7.48	122.31
Tangible Book Value, 3 Yr. CAGR %	-	193.05	109.51	-16.2	24.14
Common Equity, 3 Yr. CAGR %	-	200.61	108.25	-13.41	88.4
Cash From Operations, 3 Yr. CAGR %	-	79.56	87.23	58.51	85.04
Capital Expenditures, 3 Yr. CAGR %	-	56.88	10.95	32.22	20.7
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	26.39	34.73	-7.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	26.39	34.73	-7.29
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	192.84	-
Gross Profit, 5 Yr. CAGR %	-	-	-	189.39	228.48
EBITDA, 5 Yr. CAGR %	-	-	-	89.06	104.67
EBITA, 5 Yr. CAGR %	-	-	-	89.62	103.91
EBIT, 5 Yr. CAGR %	-	-	-	90.54	106.46
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	106.06	101.48
Net Income, 5 Yr. CAGR %	-	-	-	106.06	101.34
Normalized Net Income, 5 Yr. CAGR %	-	-	-	106.06	101.35
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-7.04	68.49
Accounts Receivable, 5 Yr. CAGR %	-	-	-	152.13	179.51
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	76.37	54.4
Total Assets, 5 Yr. CAGR %	-	-	-	50.73	155.39
Tangible Book Value, 5 Yr. CAGR %	-	-	-	73.06	83.74
Common Equity, 5 Yr. CAGR %	-	-	-	78.95	134.39
Cash From Operations, 5 Yr. CAGR %	-	-	-	68.76	88.16
Capital Expenditures, 5 Yr. CAGR %	-	-	-	49.39	10.35
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	1.98
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	1.98