EBITDA for IonQ (IONQ)
According to IonQ's latest reported financial statements, the company's current EBITDA (TTM) is -$677.39M USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IONQ
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
-$677.39M
YoY change
+122.0%
5Y CAGR
N/A
Peak year (2019)
-$8.85M
Cumulative EBITDA
-$1.01B
EBITDA history chart for IonQ (IONQ) from 2019 to 2025
EBITDA history table for IonQ (IONQ) from 2019 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | -$474.69M | +122.0% | -$260.89M | ||
| 2024 | -$213.80M | +45.1% | -$66.42M | ||
| 2023 | -$147.38M | +243.5% | -$104.47M | ||
| 2022 | -$42.91M | -58.6% | +$60.73M | ||
| 2021 | -$103.64M | +639.0% | -$89.61M | ||
| 2020 | -$14.02M | +58.4% | -$5.17M | ||
| 2019 | -$8.85M | — | — |
EBITDA values are taken from IonQ's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of IonQ (IONQ) EBITDA is -$474.69M – surged 122.0% year-over-year.
2019 marks the peak EBITDA at -$8.85M, with the historical low of -$474.69M recorded in 2025.
Within Technology, IonQ (IONQ) ranks 9th among 8 peers we track. The peer median for EBITDA is $89.57B.
IonQ EBITDA by Year
IonQ EBITDA 2025: -$474.69M
IonQ EBITDA in 2025 was -$474.69M, surged 122.0% from 2024. This figure represents the lowest annual value in the available history.
IonQ EBITDA 2024: -$213.80M
IonQ EBITDA in 2024 was -$213.80M, surged 45.1% from 2023.
IonQ EBITDA 2023: -$147.38M
IonQ EBITDA in 2023 was -$147.38M, surged 243.5% from 2022.
IonQ EBITDA 2022: -$42.91M
IonQ EBITDA in 2022 was -$42.91M, plunged 58.6% below 2021.
IonQ EBITDA 2021: -$103.64M
IonQ EBITDA in 2021 was -$103.64M.
See more financial history for IonQ (IONQ).
Sector peers — EBITDA
Companies in the same sector as IonQ, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| TSMC (TSM) | $2.75T | Technology |
| Microsoft (MSFT) | $160.16B | Technology |
| NVIDIA (NVDA) | $144.55B | Technology |
| Apple (AAPL) | $144.43B | Technology |
| Broadcom (AVGO) | $34.71B | Technology |
| Micron Technology (MU) | $18.49B | Technology |
| ASML (ASML) | $12.55B | Technology |
| AMD (AMD) | $7.28B | Technology |
Frequently asked questions
What is IonQ's EBITDA?
Latest reported EBITDA for IonQ (IONQ) is -$677.39M (period ending March 31, 2026).
How has IonQ EBITDA changed year-over-year?
IonQ (IONQ) EBITDA changed +122.0% year-over-year on the latest annual filing.
When did IonQ EBITDA hit its highest annual value?
IonQ EBITDA reached its highest annual value of -$8.85M in 2019.
What was IonQ EBITDA in 2024?
IonQ (IONQ) EBITDA in 2024 was -$213.80M.
What was IonQ EBITDA in 2025?
IonQ (IONQ) EBITDA in 2025 was -$474.69M.
IONQ Key Financials
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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