Operating Income for IonQ (IONQ)
According to IonQ's latest reported financial statements, the company's current operating income (TTM) is -$829.54M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IONQ
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$829.54M
YoY change
+172.6%
5Y CAGR
N/A
Peak year (2019)
-$9.26M
Cumulative operating income
-$1.17B
Operating Income history chart for IonQ (IONQ) from 2019 to 2025
Operating Income history table for IonQ (IONQ) from 2019 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | -$633.72M | +172.6% | -$401.26M | ||
| 2024 | -$232.46M | +47.4% | -$74.70M | ||
| 2023 | -$157.75M | +84.0% | -$72.01M | ||
| 2022 | -$85.75M | +121.6% | -$47.06M | ||
| 2021 | -$38.69M | +145.9% | -$22.95M | ||
| 2020 | -$15.73M | +70.0% | -$6.48M | ||
| 2019 | -$9.26M | — | — |
Operating Income 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
In 2025, IonQ (IONQ) operating income totalled -$633.72M – surged 172.6% year-over-year.
The highest annual operating income of -$9.26M was reported in 2019. The lowest in the available history was -$633.72M in 2025.
IonQ (IONQ) sits 9th of 8 Technology peers we track on this metric, against a peer median of $77.01B.
IonQ Operating Income by Year
IonQ Operating Income 2025: -$633.72M
IonQ operating income in 2025 was -$633.72M, surged 172.6% from 2024. This figure represents the lowest annual value in the available history.
IonQ Operating Income 2024: -$232.46M
IonQ operating income in 2024 was -$232.46M, surged 47.4% from 2023.
IonQ Operating Income 2023: -$157.75M
IonQ operating income in 2023 was -$157.75M, surged 84.0% from 2022.
IonQ Operating Income 2022: -$85.75M
IonQ operating income in 2022 was -$85.75M, surged 121.6% from 2021.
IonQ Operating Income 2021: -$38.69M
IonQ operating income in 2021 was -$38.69M.
See more financial history for IonQ (IONQ).
Sector peers — Operating Income
Companies in the same sector as IonQ, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| TSMC (TSM) | $1.96T | Technology |
| Apple (AAPL) | $133.05B | Technology |
| NVIDIA (NVDA) | $130.39B | Technology |
| Microsoft (MSFT) | $128.53B | Technology |
| Broadcom (AVGO) | $25.48B | Technology |
| ASML (ASML) | $11.30B | Technology |
| Micron Technology (MU) | $9.87B | Technology |
| AMD (AMD) | $3.69B | Technology |
Frequently asked questions
What is IonQ's operating income?
Latest reported operating income for IonQ (IONQ) is -$829.54M (period ending March 31, 2026).
How has IonQ operating income changed year-over-year?
IonQ (IONQ) operating income changed +172.6% year-over-year on the latest annual filing.
When did IonQ operating income hit its highest annual value?
IonQ operating income reached its highest annual value of -$9.26M in 2019.
What was IonQ operating income in 2024?
IonQ (IONQ) operating income in 2024 was -$232.46M.
What was IonQ operating income in 2025?
IonQ (IONQ) operating income in 2025 was -$633.72M.
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