# IonQ, Inc.: overview

IONQ · NYSE · CIK 1824920 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ionq.md) · [Financials](/companies/ionq/financials.md) · [Filings](/companies/ionq/filings.md) · [Insiders](/companies/ionq/insiders.md)

Latest reported revenue: [$80.0m](/filings/0001193125-26-341001.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-341001).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [12.4](/filings/0001193125-25-266942.md) | [11.7 d](/filings/0001193125-26-071562.md) | [7.6](/filings/0001193125-26-211876.md) | [20.7](/filings/0001193125-26-341001.md) | [39.9](/filings/0001193125-25-266942.md) | [61.9 d](/filings/0001193125-26-071562.md) | [64.7](/filings/0001193125-26-211876.md) | [80.1](/filings/0001193125-26-341001.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(428.5%)](/filings/0001193125-25-266942.md) | [(661.9%) d](/filings/0001193125-26-071562.md) | [(1000.3%)](/filings/0001193125-26-211876.md) | [(776.0%)](/filings/0001193125-26-341001.md) | [(423.5%)](/filings/0001193125-25-266942.md) | [(369.4%) d](/filings/0001193125-26-071562.md) | [(419.8%)](/filings/0001193125-26-211876.md) | [(421.3%)](/filings/0001193125-26-341001.md) |
| Net margin | % | [(423.4%)](/filings/0001193125-25-266942.md) | [(1725.0%) d](/filings/0001193125-26-071562.md) | [(426.3%)](/filings/0001193125-26-211876.md) | [(854.5%)](/filings/0001193125-26-341001.md) | [(2646.3%)](/filings/0001193125-25-266942.md) | [1217.8% d](/filings/0001193125-26-071562.md) | [1245.4%](/filings/0001193125-26-211876.md) | [(2333.2%)](/filings/0001193125-26-341001.md) |
| Diluted EPS | $ per share | [(0.24)](/filings/0001193125-25-266942.md) | not reported | [(0.14)](/filings/0001193125-26-211876.md) | [(0.70)](/filings/0001193125-26-341001.md) | [(3.58)](/filings/0001193125-25-266942.md) | not reported | [2.07](/filings/0001193125-26-211876.md) | [(5.08)](/filings/0001193125-26-341001.md) |
| Free cash flow | $m | [(23.0) d](/filings/0001193125-25-266942.md) | [(43.0) d](/filings/0001193125-26-071562.md) | [(35.3)](/filings/0001193125-26-211876.md) | [(53.8) d](/filings/0001193125-26-341001.md) | [(127) d](/filings/0001193125-25-266942.md) | [(83.3) d](/filings/0001193125-26-071562.md) | [(159)](/filings/0001193125-26-211876.md) | [(114) d](/filings/0001193125-26-341001.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2.1](/filings/0001193125-23-085558.md) | [11.1](/filings/0000950170-25-027722.md) | [22.0](/filings/0001193125-26-071562.md) | [43.1](/filings/0001193125-26-071562.md) | [130](/filings/0001193125-26-071562.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(1843.1%)](/filings/0001193125-23-085558.md) | [(770.3%)](/filings/0000950170-25-027722.md) | [(715.7%)](/filings/0001193125-26-071562.md) | [(539.7%)](/filings/0001193125-26-071562.md) | [(487.4%)](/filings/0001193125-26-071562.md) |
| Net margin | % | [(5058.9%)](/filings/0001193125-23-085558.md) | [(435.8%)](/filings/0000950170-25-027722.md) | [(715.8%)](/filings/0001193125-26-071562.md) | [(770.0%)](/filings/0001193125-26-071562.md) | [(392.6%)](/filings/0001193125-26-071562.md) |
| Diluted EPS | $ per share | [(0.77)](/filings/0001193125-23-085558.md) | [(0.25)](/filings/0000950170-25-027722.md) | [(0.78)](/filings/0001193125-26-071562.md) | [(1.56)](/filings/0001193125-26-071562.md) | [(1.82)](/filings/0001193125-26-071562.md) |
| Free cash flow | $m | [(34.3)](/filings/0001193125-23-085558.md) | [(54.0)](/filings/0000950170-25-027722.md) | [(92.5)](/filings/0001193125-26-071562.md) | [(124)](/filings/0001193125-26-071562.md) | [(300)](/filings/0001193125-26-071562.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ionq/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2022-04-11 | [GV 2016 GP, L.L.C.](/insiders/1722201.md) | 10% owner | Sale (S) | 4,992 | $11.8282 | $59.0k | [Form 4](/filings/0001209191-22-024207.md) |
| 2022-04-11 | [GV 2016 GP, L.L.C.](/insiders/1722201.md) | 10% owner | Sale (S) | 539,257 | $11.155 | $6.0m | [Form 4](/filings/0001209191-22-024207.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.40bn | 26,279,397 |  | Added +5,119,505 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.11bn | 20,896,455 |  | Reduced −8,974,487 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $830.8m | 15,598,546 |  | Added +534,498 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $743.5m | 13,959,259 |  | Reduced −1,430,321 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $475.6m | 8,929,500 | Call | Added +2,503,200 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $432.7m | 8,123,629 |  | Reduced −1,147,233 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $420.6m | 7,896,730 |  | Added +2,091,004 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $362.8m | 6,811,300 | Put | Added +1,872,100 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $344.8m | 6,473,088 |  | Added +4,664,737 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $343.1m | 6,459,949 |  | Reduced −1,980,116 |

## Recent filings

[All 620 filings](/companies/ionq/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-16 | 17:00 ET | [8-K](/filings/0001193125-26-424230.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-424230 |
| 2026-10-13 | 06:03 ET | [8-K](/filings/0001193125-26-419609.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-419609 |
| 2026-09-08 | 07:40 ET | [8-K](/filings/0001193125-26-384388.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-384388 |
| 2026-08-28 | 17:00 ET | [8-K](/filings/0001193125-26-374694.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-374694 |
| 2026-08-10 | 06:01 ET | [10-Q](/filings/0001193125-26-341001.md) | Quarterly report, period 2026-06-30 | 0001193125-26-341001 |
| 2026-08-07 | 06:01 ET | [8-K](/filings/0001193125-26-338998.md) | 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001193125-26-338998 |
| 2026-08-05 | 16:05 ET | [8-K](/filings/0001193125-26-335040.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-335040 |
| 2026-07-31 | 08:56 ET | [8-K](/filings/0001193125-26-327127.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-327127 |
| 2026-07-28 | 17:05 ET | [8-K](/filings/0001193125-26-321221.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-321221 |
| 2026-06-22 | 21:55 ET | [8-K](/filings/0001193125-26-276342.md) | 5.07 Shareholder vote results | 0001193125-26-276342 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-071562.md), filed Feb 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/7fcf1667-d9b0-412f-acb2-da22d48ba7fd)

## About the filer

- CIK: 1824920
- Tickers: IONQ
- Exchange: NYSE
- SIC code: 7373 Services-Computer Integrated Systems Design
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 12:03 ET. No prices; not investment advice.