The Tip Desk

IonQ, Inc.

Company Stats

Market Cap
$16.7B
as of Sep 30, 2026
Shares Outstanding
381.0M
Free Float
91.0%

Income Statement

Revenue
$130.0M
Operating Income
-$633.7M
Net Income
-$510.4M
EBITDA
-$604.5M
Revenue Growth, 3Y
-52.8%
FCF Margin, 3Y Avg
-312.4%
FCF Margin, Worst Year
-419.7%

Cash Flow

Free Cash Flow
-$299.6M
FCF Yield
-1.8%
Owner FCF Yield
-3.7%

Balance Sheet

Cash & Equivalents
$1.0B

Returns & Capital

SBC, 3Y Avg
$162.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$130.0M-$299.6M-230.4%
FY2024$43.1M-$123.7M-287.1%
FY2023$22.0M-$92.5M-419.7%
FY2022$1.2B-$54.0M-4.4%
FY2021$2.1M-$34.3M-1635.1%

Annual filing data through FY ended December 31, 2025; shares and float as of October 14, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage