IonQ, Inc.

IONQ

$39.02

+3.67%

2026-09-03 16:00:02 EDT+$1.38

Technology

Computer Hardware

NYSE

Active Trading

IonQ, Inc. specializes in the creation of advanced, general-purpose quantum computing systems. The company provides customers with access to its 20-qubit quantum ...

Price Action of IONQ

$39.02

+3.67%+$1.38

High—

Low—

52W High-53.9%

Rel. vol—

Interval

Range6.5h

Volume—SMA5SMA10

—

IonQ, founded in 2015 by Dr. Chris Monroe and Dr. Jungsang Kim, emerged from over 30 years of academic research in trapped ion technology. Headquartered in College Park, Maryland, IonQ specializes in building high-performance quantum computers and networking solutions. The company offers access to its quantum systems through its proprietary ...IonQ, founded in 2015 by Dr. Chris Monroe and Dr. Jungsang Kim, emerged from over 30 years of academic research in trapped ion technology. Headquartered in College Park, Maryland, IonQ specializes in building high-performance quantum computers and networking solutions. The company offers access to its quantum systems through its proprietary cloud service and third-party platforms like Amazon Braket, Microsoft Azure Quantum, and Google Cloud Marketplace. IonQ's technology targets real-world applications in areas such as optimization, machine learning, and cryptography. The company has expanded beyond computing into quantum networking, sensing, and security, positioning itself as a full-stack quantum platform. Financially, IonQ has shown growth in revenue but faces significant operating losses due to heavy R&D and commercialization costs. Key leadership includes CEO Niccolo de Masi, who also serves as Chairman, and co-founder/Chief Scientist Chris Monroe. With over 1,100 employees as of late 2025, IonQ continues to innovate, recently commissioning a quantum system at a U.S. government facility. The company went public in 2021 via a SPAC merger and trades on the NYSE under the symbol IONQ. Despite challenges in profitability, IonQ remains a pioneer in the quantum industry, aiming to solve complex problems beyond classical capabilities.ExpandCollapse

Founded

2015

Employees

1132

CEO

Niccolo Mcleod De Masi

Full Name

IonQ, Inc.

Sector

Technology

Industry

Computer Hardware

ROE

-39.34%

Market Cap

$14.56B

Current Ratio

10.66

WACC

20.06%

ROIC

31.39%

Contact Information

https://www.ionq.com

301 298 7997

4505 Campus Drive, College Park, MD 20740

Key Metrics of IONQ

Snapshot

Latest / TTM · 6 periods

Market Cap

$14.56B

ROCE

-15.6%

EV / EBITDA

7.35x

-5.7% YoY

FCF Yield

-3.3%

-0.9% YoY

Cash Conversion Cycle

53.2d

Current Ratio

10.66

Quick take

TTM —

Positive CCC

Financial Highlights of IONQ

Profitability trend

Latest / TTM · 6 periods

Gross Margin

36.3%

Net Margin

-573.6%

P/E Ratio

-9.10x

n/a

Debt / Equity

0.02

n/a

Current Ratio

10.66

Dividend Yield

0.0%

Understanding

TTM —

Interest coverage is weak

Calendar of IONQ

Upcoming

Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $-3.45 · Revenue $289.65M · 5 analysts
Dec 31, 2027
FY2027 · Estimated annual results
Est. EPS $-2.43 · Revenue $387.34M · 6 analysts
Sep 30, 2028
Q3 FY2028 · Estimated results
Est. EPS $-0.77 · Revenue $154.17M · 2 analysts
Dec 30, 2028
Q4 FY2028 · Estimated results
Est. EPS $-0.75 · Revenue $173.93M · 2 analysts

Recent history

Aug 10, 2026
Q2 FY2026 · Results reported
EPS $-5.08 · Revenue $80.05M
View filing
May 7, 2026
Q1 FY2026 · Results reported
EPS $2.07 · Revenue $64.67M
View filing
Feb 25, 2026
FY2025 · Annual results
EPS $-1.82 · Revenue $130.02M
View filing
Nov 5, 2025
Q3 FY2025 · Results reported
EPS $-3.58 · Revenue $39.87M
View filing
Jun 30, 2025
Q2 FY2025 · Results reported
EPS $-0.70 · Revenue $20.69M
Mar 31, 2025
Q1 FY2025 · Results reported
EPS $-0.14 · Revenue $7.57M

Financial Statements of IONQ

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$130.0M	+201.9%	+23.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$-510.4M	-53.9%	-331.9%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+40.4%	-22.6%	+4.5%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	-487.4%	+9.7%	-0.3%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	-392.6%	+49.0%	-287.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$-299.6M	-131.8%	+28.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	-230.4%	+23.2%	+42.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	0.8%	-82.9%	+167.7%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	15.50x	+47.7%	-24.1%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$6.6B	+1192.4%	+1.3%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	-1.82 vs -5.15	+64.7%	-5.08 vs -0.77	-559.7%
Revenue Surprise	$130.0M vs $108.5M	+19.9%	$80.0M vs $154.2M	-48.1%

Insider Transactions of IONQ

Acquisitions (A)

Since Jun 17, 2026

Disposals (D)

Since Jun 17, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 24, 2026	Baxter Timothy E	director	Common Stock	A	5,540	—
Aug 24, 2026	Baxter Timothy E	director	Common Stock	—	0	—
Aug 24, 2026	Ball Eric R.	director	Common Stock	A	5,540	—
Aug 24, 2026	Ball Eric R.	director	Common Stock	—	0	—
Jun 18, 2026	TOLEDANO GABRIELLE B	director	Common Stock	D	2,757	$55.01

Earnings Call Transcript of IONQ

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good afternoon, and welcome to IonQ Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Hanley Donofrio, Director of Investor Relations. Please go ahead. Hanley Donofrio : Thank you. Good afternoon, everyone, and welcome to IonQ's Second Quarter 2026 Earnings Call. My name is Hanley Donofrio, and I am the Investor Relations Director here at IonQ. I'm pleased to be joined on today's call by Niccolo de Masi, IonQ's Chairman and Chief Executive Officer; and Inder Singh, IonQ's Chief Operating Officer and Chief Financial Officer. By now, everyone should have access to the company's second quarter 2026 earnings release issued this afternoon, which is available on the SEC's website and on the Investor Relations section of our website at investors.ionq.com. Please note that on today's call, management will refer to non-GAAP financial measures. While the company believes these non-GAAP financial measures provide useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. You are directed to our earnings release for a reconciliation of adjusted EBITDA and adjusted EPS to the closest comparable GAAP measures. During the call, we will discuss our business outlook and make forward-looking statements, including those regarding our guidance for 2026. These comments are based on our predictions and expectations as of today and are not guarantees of future performance. Actual events or results could differ materially due to a number of risks and uncertainties. Therefore, you should not put undue reliance on those statements. We refer you to our SEC filings, including our annual report on Form 10-K for the year ended December 31, 2025, and our quarterly report on Form 10-Q for the quarter ended June 30, 2026, for a more detailed discussion of those risks and uncertainties. We undertake no obligation to revise any statements to reflect changes that occur after this call, except as required by law. Now I will turn it over to Niccolo de Masi, Chairman and CEO of IonQ. Niccolo de Masi : Thank you all for joining us today. I am pleased to report that IonQ delivered second quarter revenue of $80.1 million, representing 287% year-on-year growth. This means Q2 2026 is the strongest quarter in IonQ's history and our fifth consecutive quarter of record results. As shown on Slide 4 of this quarter's investor presentation, this performance reflects momentum across our entire quantum platform, spanning quantum computing, quantum networking, quantum security and quantum sensing. Following the successful close of our acquisition of SkyWater, our platform now also includes quantum semiconductor manufacturing. Inder will take you through the financial results and outlook in more detail. I want to center my remarks today …

Leadership Team of IONQ

11 executives

Name	Title	Compensation	Gender	Year Born	Status
Niccolo Mcleod de Masi	President, CEO & Chairman	USD 1,340,155	Male	1980	Active
Paul T. Dacier	Chief Administrative Officer, Corporate Secretary & Chief Legal Officer	USD 819,156	Male	1958	Active
Inder Singh	Chief Financial Officer & Chief Operating Officer	USD 808,880	Male	1959	Active
Dean Acosta	Chief Corporate Affairs & Government Relations Officer	USD 615,309	Male	1968	Active
Scott Francis Millard	Chief Business Officer	USD 393,898	Male	1974	Active
Jungsang Kim	Founder	USD 275,000	—	1969	Active
Christopher Monroe	Co-Founder & Chief Scientific Advisor	USD 206,539	—	1967	Active
Hanley Donofrio	Director of Investor Relations	—	Female	—	Active
Kate Kemp	Chief People Officer	—	Female	—	Active
Katie Arrington	Chief Information Officer	—	Female	—	Active
Noam Zakay	Managing Director of IonQ GmBH	—	Male	—	Active

Recent News of IONQ

The Motley Fool8/7/2026Neutral

Why IonQ Stock Crashed 31.6% In July

Quantum stocks, such as IonQ, were falling in August. The company is growing quickly but is highly unprofitable.

The Motley Fool8/7/2026Neutral

What Sent IonQ Shares Surging and Whether the Momentum Can Last

IonQ's stock has more than quadrupled since its market debut. It's still one of the best pure plays on the nascent quantum computing market.

24/7 Wall Street8/7/2026Neutral

3 Quantum Computing Stocks With the Most Analyst Upside in August

Quantum computing stocks are clawing back after a bruising June and July, and Wall Street is leaning bullish into a potential 2026 "quantum advantage" milestone.

GuruFocus8/7/2026Neutral

UPDATED: DARPA Selects IonQ to Produce Next-Generation Atomic Clocks

IonQ (NYSE: IONQ) clarifies its announcement that it has been awarded a $28 million contract extension, with an additional option of $30 million through the Def

Business Wire8/6/2026Neutral

UPDATED: DARPA Selects IonQ to Produce Next-Generation Atomic Clocks

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ) clarifies its announcement that it has been awarded a $28 million contract extension, with an additional option of $30 million through the Defense Advanced Research Projects Agency (DARPA) It's About Time program. Under the program, IonQ will advance its scalable clock production capabilities for its Evergreen-05 optical atomic clocks and deliver 125 units to U.S. government customers. The clocks are designed for mission-critical application.

Historical Employee Count of IONQ

Current

Minimum

Maximum

Recent Filings

Report Date	Form Type	Filing Date	SEC Filing
Dec 31, 2025	10-K	Feb 25, 2026	View
Dec 31, 2024	10-K	Feb 26, 2025	View
Dec 31, 2023	10-K	Feb 28, 2024	View
Dec 31, 2022	10-K	Mar 30, 2023	View
Dec 31, 2021	10-K	Mar 28, 2022	View

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IonQ, Inc.