IonQ annual gross margin
2021
2022
2023
2024
2025
IonQ Gross Margin Growth & History (IONQ)
IonQ's gross margin was 40.40% for fiscal 2025.
View full IonQ company overviewIonQ annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 40.40% | −11.78 pp |
| 2024 | 2024-12-31 | 52.18% | −11.03 pp |
| 2023 | 2023-12-31 | 63.22% | −10.34 pp |
| 2022 | 2022-12-31 | 73.55% | +23.10 pp |
| 2021 | 2021-12-31 | 50.45% | — |
IonQ quarterly gross margin
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 24.91% | −34.85 pp |
| Q1 2026 | 2026-03-31 | 23.84% | −19.13 pp |
| Q4 2025 | 2025-12-31 | 29.56% | −27.35 pp |
| Q3 2025 | 2025-09-30 | 46.69% | −0.77 pp |
| Q2 2025 | 2025-06-30 | 59.76% | +9.17 pp |
| Q1 2025 | 2025-03-31 | 42.97% | −12.00 pp |
| Q4 2024 | 2024-12-31 | 56.92% | +8.72 pp |
| Q3 2024 | 2024-09-30 | 47.46% | −19.82 pp |
| Q2 2024 | 2024-06-30 | 50.59% | −14.94 pp |
| Q1 2024 | 2024-03-31 | 54.97% | −20.85 pp |
| Q4 2023 | 2023-12-31 | 48.20% | −28.13 pp |
| Q3 2023 | 2023-09-30 | 67.28% | −6.20 pp |
| Q2 2023 | 2023-06-30 | 65.53% | −6.02 pp |
| Q1 2023 | 2023-03-31 | 75.82% | +4.91 pp |
| Q4 2022 | 2022-12-31 | 76.33% | −5.58 pp |
| Q3 2022 | 2022-09-30 | 73.47% | +73.90 pp |
| Q2 2022 | 2022-06-30 | 71.55% | +323.16 pp |
| Q1 2022 | 2022-03-31 | 70.92% | +115.72 pp |
| Q4 2021 | 2021-12-31 | 81.92% | — |
| Q3 2021 | 2021-09-30 | −0.43% | — |
| Q2 2021 | 2021-06-30 | −251.61% | — |
| Q1 2021 | 2021-03-31 | −44.80% | — |
IonQ gross margin trends
Between the periods ended 2021-12-31 and 2025-12-31, IonQ's gross margin decreased from 50.45% to 40.40%, a change of −10.05 percentage points. The latest reported quarter, Q2 2026, shows 24.91%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review IonQ source filings ↗