IONQ: Ionq Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Ionq Inc (IONQ).

OverviewDividends

$9.04B Market Cap.

As of 05/07/2025 5:00 PM ET (MRY) • Disclaimer

IONQ Market Cap. (MRY)


IONQ Shares Outstanding (MRY)


IONQ Assets (MRY)


Total Assets

$508.39M

Total Liabilities

$124.53M

Total Investments

$309.44M

IONQ Income (MRY)


Revenue

$43.07M

Net Income

-$331.65M

Operating Expense

$254.93M

IONQ Cash Flow (MRY)


CF Operations

-$105.68M

CF Investing

$82.73M

CF Financing

$41.69M

IONQ Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$508,388,000 (-8.16%)

$553,580,000 (-7.43%)

$597,992,000 (-6.86%)

$642,028,000 (961.59%)

Assets Current

$378,802,000 (-2.87%)

$389,989,000 (4.94%)

$371,628,000 (-29.83%)

$529,617,000 (1272.81%)

Assets Non-Current

$129,586,000 (-20.79%)

$163,591,000 (-27.73%)

$226,364,000 (101.37%)

$112,411,000 (413.32%)

Goodwill & Intangible Assets

$39,373,000 (148.90%)

$15,819,000 (63.32%)

$9,686,000 (65.83%)

$5,841,000 (117.38%)

Shareholders Equity

$383,862,000 (-20.85%)

$484,994,000 (-14.65%)

$568,211,000 (-3.89%)

$591,230,000 (1000.93%)

Property Plant & Equipment Net

$62,231,000 (47.72%)

$42,128,000 (41.53%)

$29,767,000 (29.98%)

$22,902,000 (40.64%)

Cash & Equivalents

$54,393,000 (52.51%)

$35,665,000 (-19.61%)

$44,367,000 (-88.88%)

$399,025,000 (1004.72%)

Accumulated Other Comprehensive Income

$157,000 (107.98%)

-$1,967,000 (73.26%)

-$7,355,000 (-4869.59%)

-$148,000 (0%)

Deferred Revenue

$10,678,000 (-14.81%)

$12,534,000 (26.22%)

$9,930,000 (100.08%)

$4,963,000 (265.46%)

Total Investments

$309,441,000 (-26.37%)

$420,265,000 (-14.83%)

$493,431,000 (142.41%)

$203,553,000 (0%)

Investments Current

$285,896,000 (-10.59%)

$319,776,000 (2.68%)

$311,430,000 (152.29%)

$123,443,000 (0%)

Investments Non-Current

$23,545,000 (-76.57%)

$100,489,000 (-44.79%)

$182,001,000 (127.19%)

$80,110,000 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$10,188,000 (-11.15%)

$11,467,000 (248.33%)

$3,292,000 (365.63%)

$707,000 (81.28%)

Trade & Non-Trade Payables

$5,230,000 (-6.59%)

$5,599,000 (83.27%)

$3,055,000 (62.33%)

$1,882,000 (249.81%)

Accumulated Retained Earnings (Deficit)

-$683,720,000 (-94.20%)

-$352,073,000 (-81.20%)

-$194,302,000 (-33.27%)

-$145,791,000 (-268.11%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$17,725,000 (118.69%)

$8,105,000 (100.12%)

$4,050,000 (-3.82%)

$4,211,000 (-1.40%)

Debt Current

$3,366,000 (374.08%)

$710,000 (20.14%)

$591,000 (4.05%)

$568,000 (14.75%)

Debt Non-Current

$14,359,000 (94.17%)

$7,395,000 (113.79%)

$3,459,000 (-5.05%)

$3,643,000 (-3.52%)

Total Liabilities

$124,526,000 (81.56%)

$68,586,000 (130.30%)

$29,781,000 (-41.37%)

$50,798,000 (649.79%)

Liabilities Current

$36,085,000 (-2.90%)

$37,164,000 (84.35%)

$20,160,000 (108.03%)

$9,691,000 (415.20%)

Liabilities Non-Current

$88,441,000 (181.46%)

$31,422,000 (226.60%)

$9,621,000 (-76.60%)

$41,107,000 (739.95%)

IONQ Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$43,073,000 (95.41%)

$22,042,000 (98.02%)

$11,131,000 (430.30%)

$2,099,000 (0%)

Cost of Revenue

$20,597,000 (154.03%)

$8,108,000 (175.41%)

$2,944,000 (183.08%)

$1,040,000 (627.27%)

Selling General & Administrative Expense

$99,450,000 (44.15%)

$68,992,000 (55.56%)

$44,351,000 (161.35%)

$16,970,000 (320.78%)

Research & Development Expense

$136,827,000 (48.21%)

$92,321,000 (109.93%)

$43,978,000 (117.41%)

$20,228,000 (99.15%)

Operating Expenses

$254,931,000 (48.49%)

$171,688,000 (82.78%)

$93,933,000 (136.33%)

$39,746,000 (154.95%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$59,000 (22.92%)

$48,000 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$331,647,000 (-110.21%)

-$157,771,000 (-225.23%)

-$48,511,000 (54.32%)

-$106,186,000 (-588.45%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$331,647,000 (-110.21%)

-$157,771,000 (-225.23%)

-$48,511,000 (54.32%)

-$106,186,000 (-588.45%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$331,647,000 (-110.21%)

-$157,771,000 (-225.23%)

-$48,511,000 (54.32%)

-$106,186,000 (-588.45%)

Weighted Average Shares

$213,029,365 (5.16%)

$202,576,492 (2.45%)

$197,727,642 (43.69%)

$137,609,620 (19.61%)

Weighted Average Shares Diluted

$213,029,365 (5.16%)

$202,576,492 (2.45%)

$197,727,642 (43.69%)

$137,609,620 (19.61%)

Earning Before Interest & Taxes (EBIT)

-$331,588,000 (-110.23%)

-$157,723,000 (-225.13%)

-$48,511,000 (54.32%)

-$106,186,000 (-588.45%)

Gross Profit

$22,476,000 (61.30%)

$13,934,000 (70.20%)

$8,187,000 (673.09%)

$1,059,000 (840.56%)

Operating Income

-$232,455,000 (-47.35%)

-$157,754,000 (-83.98%)

-$85,746,000 (-121.64%)

-$38,687,000 (-145.90%)

IONQ Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$82,730,000 (20.31%)

$68,766,000 (122.25%)

-$309,056,000 (-44.56%)

-$213,785,000 (-1730.98%)

Net Cash Flow from Financing

$41,687,000 (2267.23%)

$1,761,000 (60.68%)

$1,096,000 (-99.82%)

$603,227,000 (218460.51%)

Net Cash Flow from Operations

-$105,683,000 (-34.10%)

-$78,811,000 (-76.32%)

-$44,698,000 (-68.44%)

-$26,537,000 (-121.01%)

Net Cash Flow / Change in Cash & Cash Equivalents

$18,759,000 (326.39%)

-$8,286,000 (97.65%)

-$352,658,000 (-197.18%)

$362,905,000 (1650.41%)

Net Cash Flow - Business Acquisitions and Disposals

-$15,454,000 (0%)

$0 (0%)

-$848,000 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$121,753,000 (37.86%)

$88,315,000 (129.87%)

-$295,644,000 (-45.09%)

-$203,761,000 (0%)

Capital Expenditure

-$21,897,000 (-19.91%)

-$18,261,000 (-58.58%)

-$11,515,000 (-22.45%)

-$9,404,000 (15.76%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$41,449,000 (1981.82%)

$1,991,000 (85.04%)

$1,076,000 (-99.82%)

$603,227,000 (218460.51%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$25,000 (1350.00%)

-$2,000 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$106,878,000 (53.25%)

$69,743,000 (121.72%)

$31,456,000 (305.99%)

$7,748,000 (533.01%)

Depreciation Amortization & Accretion

$18,654,000 (79.80%)

$10,375,000 (85.14%)

$5,604,000 (119.94%)

$2,548,000 (82.00%)

IONQ Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

52.20% (-17.41%)

63.20% (-14.13%)

73.60% (45.74%)

50.50%

Profit Margin

-770.00% (-7.57%)

-715.80% (-64.25%)

-435.80% (91.39%)

-5058.90%

EBITDA Margin

-726.50% (-8.68%)

-668.50% (-73.41%)

-385.50% (92.19%)

-4937.50%

Return on Average Equity (ROAE)

-75.30% (-145.28%)

-30.70% (-269.88%)

-8.30% (79.04%)

-39.60% (57.92%)

Return on Average Assets (ROAA)

-64.20% (-132.61%)

-27.60% (-249.37%)

-7.90% (74.10%)

-30.50% (-24.49%)

Return on Sales (ROS)

-769.80% (-7.57%)

-715.60% (-64.20%)

-435.80% (91.39%)

-5058.90%

Return on Invested Capital (ROIC)

-77.00% (-145.22%)

-31.40% (-245.05%)

-9.10% (93.47%)

-139.40% (-28.72%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-26.78 (-68.56%)

-15.88 (-15.11%)

-13.8 (36.37%)

-21.69 (75.27%)

Price to Sales Ratio (P/S)

206.59 (81.42%)

113.87 (85.80%)

61.28 (-94.40%)

1,094.85

Price to Book Ratio (P/B)

23.55 (350.23%)

5.23 (330.81%)

1.21 (-77.67%)

5.44 (-32.43%)

Debt to Equity Ratio (D/E)

0.32 (129.79%)

0.14 (171.15%)

0.05 (-39.53%)

0.09 (-31.75%)

Earnings Per Share (EPS)

-1.56 (-100.00%)

-0.78 (-212.00%)

-0.25 (67.53%)

-0.77 (-492.31%)

Sales Per Share (SPS)

0.2 (85.32%)

0.11 (94.64%)

0.06 (273.33%)

0.01 (0%)

Free Cash Flow Per Share (FCFPS)

-0.6 (-25.05%)

-0.48 (-68.66%)

-0.28 (-8.81%)

-0.26 (-29.85%)

Book Value Per Share (BVPS)

1.8 (-24.73%)

2.39 (-16.70%)

2.87 (-33.10%)

4.3 (819.91%)

Tangible Assets Book Value Per Share (TABVPS)

2.2 (-17.06%)

2.65 (-10.76%)

2.98 (-35.65%)

4.62 (820.92%)

Enterprise Value Over EBIT (EV/EBIT)

-27 (-68.75%)

-16 (-23.08%)

-13 (48.00%)

-25 (10.71%)

Enterprise Value Over EBITDA (EV/EBITDA)

-28.85 (-69.58%)

-17.01 (-14.62%)

-14.84 (41.55%)

-25.39 (17.59%)

Asset Turnover

0.08 (112.82%)

0.04 (116.67%)

0.02 (200.00%)

0.01 (0%)

Current Ratio

10.5 (0.03%)

10.49 (-43.07%)

18.43 (-66.27%)

54.65 (166.46%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$127,580,000 (-31.43%)

-$97,072,000 (-72.69%)

-$56,213,000 (-56.40%)

-$35,941,000 (-55.12%)

Enterprise Value (EV)

$9,026,834,948 (260.16%)

$2,506,348,143 (293.61%)

$636,753,891 (-75.80%)

$2,631,485,637 (508.99%)

Earnings Before Tax (EBT)

-$331,588,000 (-110.23%)

-$157,723,000 (-225.13%)

-$48,511,000 (54.32%)

-$106,186,000 (-588.45%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$312,934,000 (-112.38%)

-$147,348,000 (-243.41%)

-$42,907,000 (58.60%)

-$103,638,000 (-639.00%)

Invested Capital

$396,262,000 (-16.23%)

$473,037,000 (-10.38%)

$527,829,000 (127.82%)

$231,682,000 (862.89%)

Working Capital

$342,717,000 (-2.86%)

$352,825,000 (0.39%)

$351,468,000 (-32.40%)

$519,926,000 (1316.77%)

Tangible Asset Value

$469,015,000 (-12.78%)

$537,761,000 (-8.59%)

$588,306,000 (-7.53%)

$636,187,000 (1000.84%)

Market Capitalization

$9,038,703,948 (256.37%)

$2,536,290,143 (267.65%)

$689,857,891 (-78.54%)

$3,214,534,637 (643.88%)

Average Equity

$440,647,000 (-14.39%)

$514,743,250 (-11.49%)

$581,575,500 (117.16%)

$267,808,500 (1533.68%)

Average Assets

$516,899,000 (-9.46%)

$570,933,000 (-6.75%)

$612,259,000 (75.76%)

$348,354,250 (453.72%)

Invested Capital Average

$430,681,500 (-14.29%)

$502,465,750 (-5.97%)

$534,358,750 (601.53%)

$76,170,500 (434.92%)

Shares

216,392,242 (5.71%)

204,704,612 (2.37%)

199,958,809 (3.88%)

192,487,104 (407.80%)