IONQ

Ionq, Inc. Information Technology Services-Computer Integrated Systems Design Russell 3000
$30.04Close $10.9BMarket cap $26.59 – $72.0752-week range Nov 5, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 8 · weaker than 92% of stocks over 12 months
  • Far from its high 58% below its 52-week high
  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026
Off 12-month high 58%
1wk down 3.9% price change
1mo down 31.5% price change
12-month return down 50% market up 11% · its own down 62%
F-score — — Not assessed
Altman Z″ 2.62 Low risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 2.9× price / book
Earnings yield down 6.4% EBIT / enterprise value
Cheaper than 28% of the market · expensive
Revenue growth up 202% year on year
EPS growth — latest quarter
Sales growth up 287% latest quarter · -468 pts
ROE down 24% return on equity
Free cash margin down 230% -$299.6M FCF
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover Lossoperating loss

Trade setup

ATR% 7.8% $2.36 a day · 2×ATR $25.33
RS 8 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 0.92 50 sessions
Implied move — no option chain · report Nov 5, 2026
Trend template · 1 of 8
  • 150-day average above the 200-day: passes

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
  • Shareholders diluted The share count rose 63.4% over the year, from 222m to 363m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 5, 2026
Results reaction Aug 5, 2026-4% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $130.0M +202% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $0 FY2021 · $2.1M FY2022 · $11.1M FY2023 · $22.0M FY2024 · $43.1M FY2025 · $130.0M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$510.0M
-$1B $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$15.4M FY2021 · -$106.0M FY2022 · -$49.0M FY2023 · -$158.0M FY2024 · -$332.0M FY2025 · -$510.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$299.6M
-$500M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$22.0M FY2021 · -$34.3M FY2022 · -$54.0M FY2023 · -$92.5M FY2024 · -$123.7M FY2025 · -$299.6M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -392%
  • Free cash -230%
-10000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 · Net -5050% · Free cash -1635% FY2022 · Net -440% · Free cash -485% FY2023 · Net -717% · Free cash -420% FY2024 · Net -771% · Free cash -287% FY2025 · Net -392% · Free cash -230%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $36.1M FY2021 · Cash $399.0M FY2022 · Cash $44.4M FY2023 · Cash $35.7M FY2024 · Cash $54.4M FY2025 · Cash $1.0B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 362.59m +206.9% since FY2020
362.59m 118.15m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 118.15m FY2021 · 195.63m FY2022 · 199.86m FY2023 · 206.61m FY2024 · 221.92m FY2025 · 362.59m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $0 $2.1M $11.1M $22.0M $43.1M $130.0M
Operating income -$15.7M -$38.7M -$85.7M -$157.8M -$232.5M -$633.7M
Net income -$15.4M -$106.0M -$49.0M -$158.0M -$332.0M -$510.0M
Net margin — -5050% -440% -717% -771% -392%
Earnings per share — -$0.77 -$0.25 -$0.78 -$1.56 -$1.82
Free cash flow -$22.0M -$34.3M -$54.0M -$92.5M -$123.7M -$299.6M
Free cash margin — -1635% -485% -420% -287% -230%
Cash $36.1M $399.0M $44.4M $35.7M $54.4M $1.0B
Shareholders' equity $53.7M $591.2M $568.2M $485.0M $383.9M $3.8B
Shares outstanding 118.15m 195.63m 199.86m 206.61m 221.92m 362.59m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 10, 2026 Quarterly ↗ Jun 30, 2026 41d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Nov 5, 2025 Quarterly ↗ Sep 30, 2025 36d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 7, 2025 Quarterly ↗ Mar 31, 2025 37d
Feb 26, 2025 Annual ↗ Dec 31, 2024 57d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 10, 2024 Quarterly ↗ Mar 31, 2024 40d
Feb 28, 2024 Annual ↗ Dec 31, 2023 59d
Nov 9, 2023 Quarterly ↗ Sep 30, 2023 40d

Current reports