Gross Profit for IonQ (IONQ)
According to IonQ's latest reported financial statements, the company's current gross profit (TTM) is $71.25M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IONQ
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$71.25M
YoY change
+133.7%
5Y CAGR
N/A
Peak year (2025)
$52.53M
Cumulative gross profit
$88.74M
Gross Profit history chart for IonQ (IONQ) from 2019 to 2025
Gross Profit history table for IonQ (IONQ) from 2019 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $52.53M | +133.7% | +$30.05M | ||
| 2024 | $22.48M | +61.3% | +$8.54M | ||
| 2023 | $13.93M | +439.5% | +$11.35M | ||
| 2022 | $2.58M | -273.5% | +$4.07M | ||
| 2021 | -$1.49M | +6.4% | -$89,000 | ||
| 2020 | -$1.40M | -1350.0% | -$1.51M | ||
| 2019 | $112,000 | — | — |
Gross Profit 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) gross profit is $52.53M – surged 133.7% year-over-year.
Across the available history, gross profit reached its high of $52.53M in 2025 and its low of -$1.49M in 2021.
IonQ (IONQ) sits 9th of 8 Technology peers we track on this metric, against a peer median of $98.38B.
IonQ Gross Profit by Year
IonQ Gross Profit 2025: $52.53M
IonQ gross profit in 2025 was $52.53M, surged 133.7% from 2024. This figure represents the highest annual value in the available history.
IonQ Gross Profit 2024: $22.48M
IonQ gross profit in 2024 was $22.48M, surged 61.3% from 2023.
IonQ Gross Profit 2023: $13.93M
IonQ gross profit in 2023 was $13.93M, surged 439.5% from 2022.
IonQ Gross Profit 2022: $2.58M
IonQ gross profit in 2022 was $2.58M, plunged 273.5% below 2021.
IonQ Gross Profit 2021: -$1.49M
IonQ gross profit in 2021 was -$1.49M.
See more financial history for IonQ (IONQ).
Sector peers — Gross Profit
Companies in the same sector as IonQ, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| TSMC (TSM) | $2.30T | Technology |
| Apple (AAPL) | $195.20B | Technology |
| Microsoft (MSFT) | $193.89B | Technology |
| NVIDIA (NVDA) | $153.46B | Technology |
| Broadcom (AVGO) | $43.29B | Technology |
| ASML (ASML) | $17.26B | Technology |
| AMD (AMD) | $17.15B | Technology |
| Micron Technology (MU) | $14.87B | Technology |
Frequently asked questions
What is IonQ's gross profit?
Latest reported gross profit for IonQ (IONQ) is $71.25M (period ending March 31, 2026).
How has IonQ gross profit changed year-over-year?
IonQ (IONQ) gross profit changed +133.7% year-over-year on the latest annual filing.
When did IonQ gross profit hit its highest annual value?
IonQ gross profit reached its highest annual value of $52.53M in 2025.
What was IonQ gross profit in 2024?
IonQ (IONQ) gross profit in 2024 was $22.48M.
What was IonQ gross profit in 2025?
IonQ (IONQ) gross profit in 2025 was $52.53M.
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