IonQ Past Earnings Performance
Past criteria checks 0/6
IonQ's earnings have been declining at an average annual rate of -42.2%, while the Tech industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 70.2% per year.
Key information
-42.2%
Earnings growth rate
6.1%
EPS growth rate
| Tech Industry Growth | 12.9% |
| Revenue growth rate | 70.2% |
| Return on equity | -39.4% |
| Net Margin | -457.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How IonQ makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 37 | -172 | 85 | 127 |
| 30 Jun 24 | 31 | -164 | 82 | 119 |
| 31 Mar 24 | 25 | -170 | 77 | 108 |
| 31 Dec 23 | 22 | -158 | 70 | 92 |
| 30 Sep 23 | 20 | -135 | 59 | 74 |
| 30 Jun 23 | 16 | -114 | 52 | 62 |
| 31 Mar 23 | 13 | -72 | 47 | 52 |
| 31 Dec 22 | 11 | -49 | 45 | 43 |
| 30 Sep 22 | 9 | -104 | 40 | 34 |
| 30 Jun 22 | 6 | -95 | 31 | 27 |
| 31 Mar 22 | 4 | -103 | 25 | 23 |
| 31 Dec 21 | 2 | -106 | 18 | 20 |
| 30 Sep 21 | 0 | -37 | 13 | 18 |
| 30 Jun 21 | 0 | -26 | 10 | 13 |
| 31 Mar 21 | 0 | -19 | 7 | 11 |
| 31 Dec 20 | 0 | -15 | 4 | 10 |
| 31 Dec 19 | 0 | -9 | 2 | 7 |
Quality Earnings: IONQ * is currently unprofitable.
Growing Profit Margin: IONQ * is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IONQ * is unprofitable, and losses have increased over the past 5 years at a rate of 42.2% per year.
Accelerating Growth: Unable to compare IONQ *'s earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IONQ * is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (14%).
Return on Equity
High ROE: IONQ * has a negative Return on Equity (-39.38%), as it is currently unprofitable.