Ionq Inc (IONQ) is trading up at $31.26 (+1.56%), as of the latest quote. It is a Russell 1000 constituent in the Information Technology sector.
Analyst price targets on IONQ
One firm's current price target on Ionq Inc: $75 — 140% above the current $31.3. Each is tracked to its date and scored the same way a member's call is.
- Wedbush $36.3 → $75 by Oct 2027 Oct 13, 2026 via Investing.com · Wedbush's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Ionq Inc revenue & net income history (FY2020–FY2025)
| FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $0 | $2.10M | $1.24B | $22.0M | $43.1M | $130.0M |
| Growth (year over year) | — | — | +58737.5% | −98.2% | +95.4% | +201.9% |
| Gross profit | −$143.0K | $1.06M | $1.23B | $13.9M | $22.5M | $52.5M |
| Gross margin | — | 50.5% | 99.8% | 63.2% | 52.2% | 40.4% |
| Operating income | −$15.7M | −$38.7M | −$85.7M | −$157.8M | −$232.5M | −$633.7M |
| Operating margin | — | −1843.1% | −6.9% | −715.7% | −539.7% | −487.4% |
| Net income | −$15.4M | −$106.2M | −$48.5M | −$157.8M | −$331.6M | −$510.4M |
| Net margin | — | −5058.9% | −3.9% | −715.8% | −770.0% | −392.6% |
| EPS (diluted) | −$0.13 | −$0.77 | −$0.25 | −$0.78 | −$1.56 | −$1.82 |
| Balance sheet | ||||||
| Cash and equivalents | $36.1M | $399.0M | $44.4M | $35.7M | $54.4M | $1.03B |
| Total assets | $60.5M | $642.0M | $598.0M | $553.6M | $508.4M | $6.57B |
| Total liabilities | $6.78M | $50.8M | $29.8M | $68.6M | $124.5M | $2.76B |
| Shareholders' equity | $53.7M | $591.2M | $568.2M | $485.0M | $383.9M | $3.80B |
| Cash flow | ||||||
| Operating cash flow | −$12.0M | −$26.5M | −$44.7M | −$78.8M | −$105.7M | −$283.2M |
| Capital expenditure | $10.0M | $7.78M | $9.34M | $13.7M | $18.0M | $16.4M |
| Free cash flow | −$22.0M | −$34.3M | −$54.0M | −$92.5M | −$123.7M | −$299.6M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $12.4M | $11.7M | $7.57M | $20.7M | $39.9M | — | $64.7M | $80.0M |
| Growth (year over year) | +102.1% | +91.8% | −0.2% | +81.8% | +221.5% | — | +754.7% | +286.8% |
| Gross profit | $5.88M | $6.67M | $3.25M | $12.4M | $18.6M | — | $15.4M | $19.9M |
| Gross margin | 47.5% | 56.9% | 43.0% | 59.8% | 46.7% | — | 23.8% | 24.9% |
| Operating income | −$53.1M | −$77.5M | −$75.7M | −$160.6M | −$168.8M | — | −$271.5M | −$337.2M |
| Operating margin | −428.5% | −661.9% | −1000.3% | −776.0% | −423.5% | — | −419.8% | −421.3% |
| Net income | −$52.5M | −$202.0M | −$32.3M | −$176.8M | −$1.05B | — | $805.4M | −$1.87B |
| Net margin | −423.4% | −1725.0% | −426.3% | −854.5% | −2646.3% | — | 1245.4% | −2333.2% |
| EPS (diluted) | −$0.24 | −$0.95 | −$0.14 | −$0.70 | −$3.58 | — | $2.07 | −$5.08 |
| Balance sheet | ||||||||
| Cash and equivalents | $30.2M | $54.4M | $159.7M | $140.1M | $346.0M | $1.03B | $493.5M | $1.24B |
| Total assets | $497.9M | $508.4M | $850.1M | $1.35B | $4.32B | $6.57B | $6.69B | $6.78B |
| Total liabilities | $62.2M | $124.5M | $85.0M | $168.2M | $2.03B | $2.76B | $1.70B | $3.44B |
| Shareholders' equity | $435.7M | $383.9M | $765.0M | $1.16B | $2.27B | $3.80B | $4.98B | $3.33B |
| Cash flow | ||||||||
| Operating cash flow | −$19.2M | −$39.4M | −$33.0M | −$52.6M | −$123.1M | — | −$151.0M | −$103.8M |
| Capital expenditure | $3.77M | $3.59M | $2.31M | $1.19M | $4.13M | — | $8.37M | $10.2M |
| Free cash flow | −$23.0M | −$43.0M | −$35.3M | −$53.8M | −$127.2M | — | −$159.4M | −$114.0M |
From Ionq Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Ionq Inc
- Headquarters
- College Park, Maryland From SEC filings, Oct 2026
Recent News (5)
-
Not IonQ. Not Rigetti Computing. This Quantum Computing Stock Is the One I'd Buy and Hold Through 2030. Not IonQ. Not Rigetti Computing. This Quantum Computing Stock Is the One I'd Buy and Hold Through 2030. The Globe and Mail
-
Quantinuum vs. IonQ: Why One Major Wall Street Firm Says This Stock Is the Better Bet Quantinuum vs. IonQ: Why One Major Wall Street Firm Says This Stock Is the Better Bet The Motley Fool
-
IonQ Stock Fell 9% After a Record Earnings Beat. Here’s What the Market Missed. IonQ Stock Fell 9% After a Record Earnings Beat. Here’s What the Market Missed. TIKR.com
-
-
Breaking Quantum Computing Stock News That IonQ, Rigetti Computing, and D-Wave Investors Can't Afford to Miss Breaking Quantum Computing Stock News That IonQ, Rigetti Computing, and D-Wave Investors Can't Afford to Miss The Motley Fool
More Information Technology stocks
- ALAB Astera Labs
- ARM Arm Holdings
- ASML ASML Holding
- MRVL Marvell Technology
- TWLO Twilio
- AAPL Apple Inc.
- ACN Accenture
- ADBE Adobe Inc.