# IonQ, Inc. (IONQ)

**Exchange:** NYSE  
**Sector:** Technology  
**Market cap:** $16.41B  
**Price:** $58.54 (+3.37%)

> IonQ, Inc. is a quantum computing company that develops and operates trapped-ion quantum computers for commercial and research use. The company focuses on providing access to its quantum systems through cloud-based platforms, offering quantum-computing-as-a-service to enterprises, developers, and institutions. IonQ’s technology targets computationally intensive problems in areas such as optimization, machine learning, materials science, and cryptography, where quantum methods can complement classical high-performance computing. In addition to cloud access, IonQ offers specialized quantum computing hardware, networking solutions, and related maintenance and support services. The company also generates revenue from consulting engagements, including co-developing quantum algorithms and designing customized quantum systems for specific use cases. Founded in 2015 and headquartered in College Park, Maryland, IonQ operates within the broader technology and computer hardware sector, serving as a key participant in the emerging market for practical quantum information processing and quantum-enabled enterprise solutions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $130M | — | -$634M | -$510M | — |
| 2024 | $43M | — | -$232M | -$332M | — |
| 2023 | $22M | — | -$158M | -$158M | — |
| 2022 | $11M | — | -$86M | -$49M | — |
| 2021 | $2M | — | -$39M | -$106M | — |
| 2020 | — | — | -$16M | -$15M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $6.57B | $2.76B | $3.80B | $1.03B | — |
| 2024 | $508M | $125M | $384M | $54M | — |
| 2023 | $554M | $69M | $485M | $36M | — |
| 2022 | $598M | $30M | $568M | $44M | — |
| 2021 | $642M | $51M | $591M | $399M | — |
| 2020 | $60M | $7M | $54M | $36M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$283M | $16M | -$300M |
| 2024 | -$106M | $18M | -$124M |
| 2023 | -$79M | $14M | -$93M |
| 2022 | -$45M | $9M | -$54M |
| 2021 | -$27M | $8M | -$34M |
| 2020 | -$12M | $10M | -$22M |

Source: [CompaniesByCap](https://companiesbycap.com/company/IONQ)