TTM
38.1%
YoY change
−11.78pp
Trough year (2021)
-70.9%
Peak year (2023)
63.2%
Latest annual
40.4%
Gross Margin history chart for IonQ (IONQ) from 2021 to 2025
Latest: 40.4%
Gross Margin change chart for IonQ (IONQ) from 2021 to 2025
Latest: −11.78pp
Gross Margin history table for IonQ (IONQ) from 2021 to 2025
| 2025 | 40.4% | -11.78pp | ||
| 2024 | 52.2% | -11.03pp | ||
| 2023 | 63.2% | +40.01pp | ||
| 2022 | 23.2% | +94.14pp | ||
| 2021 | -70.9% | — |
- 202540.4%-11.78pp
- 202452.2%-11.03pp
- 202363.2%+40.01pp
- 202223.2%+94.14pp
- 2021-70.9%—
Gross Margin values are taken from IonQ's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at IonQ (IONQ)
According to IonQ's latest reported financial statements, the company's latest reported gross margin is 38.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, IonQ (IONQ) gross margin totalled 40.40% – contracted 11.8 percentage points year-over-year.
The highest annual gross margin of 63.22% was reported in 2023. The lowest in the available history was -70.94% in 2021.
IonQ Gross Margin by Year
IonQ Gross Margin 2025: 40.4%
In 2025, IonQ reported gross margin of 40.40%, contracted 11.8 percentage points from 2024.
IonQ Gross Margin 2024: 52.2%
IonQ gross margin in 2024 was 52.18%, contracted 11.0 percentage points from 2023.
IonQ Gross Margin 2023: 63.2%
2023's gross margin for IonQ came in at 63.22%, expanded 40.0 percentage points from 2022. This figure represents the highest annual value in the available history.
IonQ Gross Margin 2022: 23.2%
IonQ posted gross margin of 23.21% in 2022, expanded 94.1 percentage points from 2021.
IonQ Gross Margin 2021: -70.9%
IonQ gross margin in 2021 was -70.94%.
See more financial history for IonQ (IONQ).
Sector peers by Gross Margin
Technology peers of IonQ (IONQ), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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