Balance Sheet IonQ, Inc.

Equities

IONQ

US46222L1089

IT Services & Consulting

Market Closed - Nyse Other stock markets 04:00:02 2025-07-11 pm EDT			After hours 08:00:00 pm
41.81 ^USD	-8.97%		43.30	+3.56%

Jul. 09	Korea Institute of Science and Technology Information Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner	CI
Jul. 08	IonQ Insider Sold Shares Worth $2,078,100, According to a Recent SEC Filing	MT

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Published financial data: IONQ, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	-	2.1M	11.13M	22.04M	43.07M
Total Revenues	-	2.1M	11.13M	22.04M	43.07M
Cost of Goods Sold, Total	143K	995K	2.89M	8.11M	20.34M
Gross Profit	-143K	1.1M	8.24M	13.93M	22.73M
Selling General & Admin Expenses, Total	4.3M	17.63M	45.02M	69.71M	101M
R&D Expenses	9.89M	19.62M	43.37M	91.6M	135M
Depreciation & Amortization - (IS)	1.4M	2.55M	5.6M	10.38M	18.65M
Other Operating Expenses, Total	15.59M	39.79M	93.99M	172M	255M
Operating Income	-15.73M	-38.69M	-85.75M	-158M	-232M
Interest And Investment Income	-	-	7.09M	19.32M	18.25M
Net Interest Expenses	-	-	7.09M	19.32M	18.25M
Other Non Operating Income (Expenses)	309K	-67.5M	30.14M	-19.29M	-117M
EBT, Excl. Unusual Items	-15.42M	-106M	-48.51M	-158M	-332M
EBT, Incl. Unusual Items	-15.42M	-106M	-48.51M	-158M	-332M
Income Tax Expense	-	-	-	48K	59K
Earnings From Continuing Operations	-15.42M	-106M	-48.51M	-158M	-332M
Net Income to Company	-15.42M	-106M	-48.51M	-158M	-332M
Net Income - (IS)	-15.42M	-106M	-48.51M	-158M	-332M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-15.42M	-106M	-48.51M	-158M	-332M
Net Income to Common Excl. Extra Items	-15.42M	-106M	-48.51M	-158M	-332M
Per Share Items
Net EPS - Basic	-2.81	-0.77	-0.25	-0.78	-1.56
Basic EPS - Continuing Operations	-2.81	-0.77	-0.25	-0.78	-1.56
Basic Weighted Average Shares Outstanding	5.5M	138M	198M	203M	213M
Net EPS - Diluted	-2.81	-0.77	-0.25	-0.78	-1.56
Diluted EPS - Continuing Operations	-2.81	-0.77	-0.25	-0.78	-1.56
Diluted Weighted Average Shares Outstanding	5.5M	138M	198M	203M	213M
Normalized Basic EPS	-1.75	-0.48	-0.15	-0.49	-0.97
Normalized Diluted EPS	-1.75	-0.48	-0.15	-0.49	-0.97
Supplemental Items
EBITDA	-14.33M	-36.14M	-80.14M	-147M	-214M
EBITA	-15.73M	-37.89M	-84.15M	-155M	-227M
EBIT	-15.73M	-38.69M	-85.75M	-158M	-232M
EBITDAR	-14.02M	-35.36M	-79.3M	-146M	-211M
Effective Tax Rate - (Ratio)	-	-	-	-0.03	-0.02
Current Foreign Taxes	-	-	-	48K	59K
Total Current Taxes	-	-	-	48K	59K
Normalized Net Income	-9.64M	-66.37M	-30.32M	-98.58M	-207M
Supplemental Operating Expense Items
Advertising Expense	426K	1.1M	1.3M	900K	200K
Selling and Marketing Expenses	486K	3.22M	8.34M	18.19M	28.22M
General and Administrative Expenses	3.5M	13.63M	35.84M	50.07M	70.41M
Research And Development Expense From Footnotes	10.16M	20.23M	43.98M	95.22M	142M
Net Rental Expense, Total	313K	776K	842K	1.46M	2.74M
Stock-Based Comp., COGS (Total)	-	62K	902K	2.82M	4.74M
Stock-Based Comp., R&D Exp. (Total)	716K	2.84M	13.47M	40.1M	58.7M
Stock-Based Comp., S&M Exp. (Total)	-	67K	1.3M	6.76M	13.79M
Stock-Based Comp., G&A Exp. (Total)	508K	4.78M	15.78M	20.06M	29.65M
Total Stock-Based Compensation	1.22M	7.75M	31.46M	69.74M	107M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	36.12M	399M	44.37M	35.66M	54.39M
Short Term Investments	-	123M	311M	320M	286M
Total Cash And Short Term Investments	36.12M	522M	356M	355M	340M
Accounts Receivable, Total	390K	707K	3.29M	11.47M	10.19M
Other Receivables	-	-	-	-	2.22M
Total Receivables	390K	707K	3.29M	11.47M	12.41M
Inventory	-	-	-	12.48M	18.66M
Prepaid Expenses	2.07M	6.44M	12.54M	5.7M	4.89M
Other Current Assets, Total	-	-	-	4.91M	2.56M
Total Current Assets	38.58M	530M	372M	390M	379M
Gross Property Plant And Equipment	17.99M	26.35M	37.23M	56.73M	89.84M
Accumulated Depreciation	-1.7M	-3.44M	-7.46M	-14.6M	-27.61M
Net Property Plant And Equipment	16.28M	22.9M	29.77M	42.13M	62.23M
Long-term Investments	-	80.11M	182M	100M	23.54M
Goodwill	-	-	742K	742K	9.9M
Other Intangibles, Total	2.69M	5.84M	8.94M	15.08M	29.47M
Other Long-Term Assets, Total	2.93M	3.56M	4.91M	5.16M	4.44M
Total Assets	60.48M	642M	598M	554M	508M
Liabilities
Accounts Payable, Total	538K	1.88M	3.06M	5.6M	5.23M
Accrued Expenses, Total	608K	2.65M	6.66M	18.38M	12.59M
Current Portion of Leases	495K	568K	591K	710K	3.37M
Unearned Revenue Current, Total	240K	3.43M	8.73M	12.09M	10.68M
Other Current Liabilities	-	1.16M	1.13M	392K	4.22M
Total Current Liabilities	1.88M	9.69M	20.16M	37.16M	36.08M
Long-Term Leases	3.78M	3.64M	3.46M	7.4M	14.36M
Unearned Revenue Non Current	1.12M	1.53M	1.2M	447K	-
Other Non Current Liabilities	-	35.93M	4.96M	23.58M	74.08M
Total Liabilities	6.78M	50.8M	29.78M	68.59M	125M
Preferred Stock Convertible	84.9M	-	-	-	-
Preferred Stock - Others	566K	-	-	-	-
Total Preferred Equity	85.47M	-	-	-	-
Common Stock, Total	1K	19K	20K	20K	22K
Additional Paid In Capital	7.84M	737M	770M	839M	1.07B
Retained Earnings	-39.6M	-146M	-194M	-352M	-684M
Comprehensive Income and Other	-	-148K	-7.36M	-1.97M	157K
Total Common Equity	-31.77M	591M	568M	485M	384M
Total Equity	53.7M	591M	568M	485M	384M
Total Liabilities And Equity	60.48M	642M	598M	554M	508M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.86M	198M	202M	208M	223M
ECS Total Common Shares Outstanding	6.26M	196M	200M	207M	222M
Book Value / Share	-5.07	3.02	2.84	2.35	1.73
Tangible Book Value	-34.45M	585M	559M	469M	344M
Tangible Book Value Per Share	-5.5	2.99	2.79	2.27	1.55
Total Debt	4.27M	4.21M	4.05M	8.1M	17.72M
Net Debt	-31.85M	-518M	-352M	-347M	-323M
Debt Equivalent Oper. Leases	2.5M	6.21M	6.74M	11.66M	21.94M
Account Code - Inventory Valuation	3	3	3	3	6
Machinery, Total	12.96M	21.49M	32.34M	42.07M	62.45M
Full Time Employees	66	97	202	324	407

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-15.42M	-106M	-48.51M	-158M	-332M
Depreciation & Amortization - CF	1.4M	1.75M	4M	7.18M	13.05M
Amortization of Goodwill and Intangible Assets - (CF)	-	800K	1.6M	3.2M	5.6M
Depreciation & Amortization, Total	1.4M	2.55M	5.6M	10.38M	18.65M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-9.75M	-8.8M
Asset Writedown & Restructuring Costs	-	1.34M	520K	520K	520K
Stock-Based Compensation (CF)	1.22M	7.75M	31.46M	69.74M	107M
Other Operating Activities, Total	115K	68.22M	-31.27M	20.68M	122M
Change In Accounts Receivable	-290K	-317K	-1.51M	-8.18M	1.61M
Change In Accounts Payable	96K	763K	1.06M	2.19M	-601K
Change in Unearned Revenues	1.36M	3.6M	3.89M	2.6M	-1.75M
Change in Other Net Operating Assets	-486K	-4.25M	-5.94M	-9.23M	-12.45M
Cash from Operations	-12.01M	-26.54M	-44.7M	-78.81M	-106M
Capital Expenditure	-10.03M	-7.78M	-9.34M	-13.7M	-17.99M
Cash Acquisitions	-	-	-848K	-	-15.45M
Sale (Purchase) of Intangible assets	-1.64M	-2.24M	-3.23M	-5.85M	-5.58M
Investment in Marketable and Equity Securities, Total	-	-204M	-296M	88.32M	122M
Cash from Investing	-11.68M	-214M	-309M	68.77M	82.73M
Issuance of Common Stock	276K	31.53M	3.08M	1.95M	41.45M
Repurchase of Common Stock	-	-	-1.98M	-	-
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-	572M	-	-193K	238K
Cash from Financing	276K	603M	1.1M	1.76M	41.69M
Foreign Exchange Rate Adjustments	-	-	-	-2K	25K
Net Change in Cash	-23.41M	363M	-353M	-8.29M	18.76M
Supplemental Items
Levered Free Cash Flow	-19.74M	-20.86M	-27.33M	-39.86M	-51.02M
Unlevered Free Cash Flow	-19.74M	-20.86M	-27.33M	-39.86M	-51.02M
Change In Net Working Capital	859K	-3.05M	-1.76M	1.83M	7.7M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-15.63	-6.88	-8.64	-17.12	-27.36
Return on Total Capital	-16.04	-7.4	-9.18	-18.51	-32.48
Return On Equity %	-26.21	-32.93	-8.37	-29.96	-76.34
Return on Common Equity	58.55	-32.93	-8.37	-29.96	-76.34
Margin Analysis
Gross Profit Margin %	-	52.6	74.03	63.22	52.77
SG&A Margin	-	839.83	404.42	316.28	235.35
EBITDA Margin %	-	-1.72K	-719.99	-668.63	-496.37
EBITA Margin %	-	-1.81K	-755.96	-701.18	-526.68
EBIT Margin %	-	-1.84K	-770.34	-715.7	-539.68
Income From Continuing Operations Margin %	-	-5.06K	-435.82	-715.77	-769.96
Net Income Margin %	-	-5.06K	-435.82	-715.77	-769.96
Net Avail. For Common Margin %	-	-5.06K	-435.82	-715.77	-769.96
Normalized Net Income Margin	-	-3.16K	-272.39	-447.22	-481.14
Levered Free Cash Flow Margin	-	-993.82	-245.54	-180.83	-118.45
Unlevered Free Cash Flow Margin	-	-993.82	-245.54	-180.83	-118.45
Asset Turnover
Asset Turnover	-	0.01	0.02	0.04	0.08
Fixed Assets Turnover	-	0.11	0.42	0.61	0.83
Receivables Turnover (Average Receivables)	-	3.83	5.57	2.99	3.98
Inventory Turnover (Average Inventory)	-	-	-	0.92	1.31
Short Term Liquidity
Current Ratio	20.51	54.65	18.43	10.49	10.5
Quick Ratio	19.41	53.99	17.81	9.87	9.77
Operating Cash Flow to Current Liabilities	-6.38	-2.74	-2.22	-2.12	-2.93
Days Sales Outstanding (Average Receivables)	-	95.38	65.57	122.2	92
Days Outstanding Inventory (Average Inventory)	-	-	-	397.05	280.07
Average Days Payable Outstanding	1.25K	443.87	311.66	102.42	74.71
Cash Conversion Cycle (Average Days)	-	-	-	416.83	297.37
Long Term Solvency
Total Debt/Equity	7.95	0.71	0.71	1.67	4.62
Total Debt / Total Capital	7.37	0.71	0.71	1.64	4.41
LT Debt/Equity	7.03	0.62	0.61	1.52	3.74
Long-Term Debt / Total Capital	6.51	0.61	0.6	1.5	3.58
Total Liabilities / Total Assets	11.2	7.91	4.98	12.39	24.49
Total Debt / EBITDA	-0.3	-0.12	-0.05	-0.06	-0.08
Net Debt / EBITDA	2.27	14.66	4.44	2.38	1.53
Total Debt / (EBITDA - Capex)	-0.18	-0.1	-0.05	-0.05	-0.08
Net Debt / (EBITDA - Capex)	1.32	12.01	3.97	2.18	1.41
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	430.3	98.02	95.41
Gross Profit, 1 Yr. Growth %	-227.68	-872.03	646.38	70.2	61.45
EBITDA, 1 Yr. Growth %	61.92	152.14	121.76	83.9	45.07
EBITA, 1 Yr. Growth %	69.99	145.49	122.1	83.67	46.78
EBIT, 1 Yr. Growth %	69.99	145.9	121.64	83.98	47.35
Earnings From Cont. Operations, 1 Yr. Growth %	72.8	588.45	-54.32	225.23	110.21
Net Income, 1 Yr. Growth %	72.8	588.45	-54.32	225.23	110.21
Normalized Net Income, 1 Yr. Growth %	72.8	588.45	-52.41	225.13	110.23
Diluted EPS Before Extra, 1 Yr. Growth %	25.13	475.56	-68.21	217.44	99.89
Accounts Receivable, 1 Yr. Growth %	290	81.28	365.63	248.33	-11.15
Inventory, 1 Yr. Growth %	-	-	-	141.6	49.55
Net Property, Plant and Equip., 1 Yr. Growth %	346.5	40.64	29.98	41.53	47.72
Total Assets, 1 Yr. Growth %	-7.45	961.59	-6.86	-7.43	-8.16
Tangible Book Value, 1 Yr. Growth %	55.24	1.05K	-4.59	-16	-26.58
Common Equity, 1 Yr. Growth %	51.87	1K	-3.89	-14.65	-20.85
Cash From Operations, 1 Yr. Growth %	55.51	121.01	68.44	76.32	34.1
Capital Expenditures, 1 Yr. Growth %	314.89	-22.42	19.95	46.78	31.3
Levered Free Cash Flow, 1 Yr. Growth %	-	5.65	31.02	45.84	28
Unlevered Free Cash Flow, 1 Yr. Growth %	-	5.65	31.02	45.84	28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	223.96	-	224.06	96.71
Gross Profit, 2 Yr. CAGR %	-	213.96	659.09	255.27	66.09
EBITDA, 2 Yr. CAGR %	-	102.05	136.46	101.94	63.33
EBITA, 2 Yr. CAGR %	-	102.33	133.5	101.97	64.19
EBIT, 2 Yr. CAGR %	-	104.45	133.45	101.93	64.65
Earnings From Cont. Operations, 2 Yr. CAGR %	-	244.91	77.35	21.89	161.47
Net Income, 2 Yr. CAGR %	-	244.91	77.35	21.89	161.47
Normalized Net Income, 2 Yr. CAGR %	-	244.91	77.35	24.4	161.44
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-41.34	35.28	0.46	151.9
Accounts Receivable, 2 Yr. CAGR %	-	165.89	190.53	302.73	75.92
Inventory, 2 Yr. CAGR %	-	-	-	-	90.08
Net Property, Plant and Equip., 2 Yr. CAGR %	-	150.59	35.2	35.63	44.59
Total Assets, 2 Yr. CAGR %	-	213.45	214.45	-7.14	-7.8
Tangible Book Value, 2 Yr. CAGR %	-	413.59	230.88	-10.47	-21.46
Common Equity, 2 Yr. CAGR %	-	431.65	225.28	-9.43	-17.81
Cash From Operations, 2 Yr. CAGR %	-	85.39	92.94	72.33	53.77
Capital Expenditures, 2 Yr. CAGR %	-	79.41	-3.53	32.69	38.82
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	17.66	38.23	36.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	17.66	38.23	36.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	281.8	-	173.78
Gross Profit, 3 Yr. CAGR %	-	-	319.02	360.16	174.08
EBITDA, 3 Yr. CAGR %	-	-	108.42	117.45	80.86
EBITA, 3 Yr. CAGR %	-	-	108.71	115.55	81.59
EBIT, 3 Yr. CAGR %	-	-	110.03	115.64	81.8
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	75.82	117.08	46.17
Net Income, 3 Yr. CAGR %	-	-	75.82	117.08	46.17
Normalized Net Income, 3 Yr. CAGR %	-	-	75.82	117.05	48.17
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-52.17	79.76	26.36
Accounts Receivable, 3 Yr. CAGR %	-	-	220.49	208.65	143.35
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	101.34	37.28	39.54
Total Assets, 3 Yr. CAGR %	-	-	109.17	109.18	-7.48
Tangible Book Value, 3 Yr. CAGR %	-	-	193.05	109.51	-16.2
Common Equity, 3 Yr. CAGR %	-	-	200.61	108.25	-13.41
Cash From Operations, 3 Yr. CAGR %	-	-	79.56	87.23	58.51
Capital Expenditures, 3 Yr. CAGR %	-	-	56.88	10.95	32.22
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	26.39	34.73
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	26.39	34.73
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	192.84
Gross Profit, 5 Yr. CAGR %	-	-	-	-	189.39
EBITDA, 5 Yr. CAGR %	-	-	-	-	89.06
EBITA, 5 Yr. CAGR %	-	-	-	-	89.62
EBIT, 5 Yr. CAGR %	-	-	-	-	90.54
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	106.06
Net Income, 5 Yr. CAGR %	-	-	-	-	106.06
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	106.06
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-7.04
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	152.13
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	76.37
Total Assets, 5 Yr. CAGR %	-	-	-	-	50.73
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	73.06
Common Equity, 5 Yr. CAGR %	-	-	-	-	78.95
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	68.76
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	49.39