IonQ, Inc.
IONQNYSETechnology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $130.0M | $43.1M | $22.0M | $11.1M | $2.1M | $0 |
| Operating income | −$633.7M | −$232.5M | −$157.8M | −$85.7M | −$38.7M | −$15.7M |
| Net income | −$510.4M | −$331.6M | −$157.8M | −$48.5M | −$106.2M | −$15.4M |
| Total assets | $6.57B | $508.4M | $553.6M | $598.0M | $642.0M | $60.5M |
| Total liabilities | $2.76B | $124.5M | $68.6M | $29.8M | $50.8M | $6.8M |
| Equity | $3.80B | $383.9M | $485.0M | $568.2M | $591.2M | $53.7M |
| EPS (diluted) | $-1.82 | $-1.56 | $-0.78 | $-0.25 | $-0.77 | — |
| Shares out. | 222.8M | 208.2M | 201.6M | 197.7M | 195.6M | 118.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −487.4%
- Net margin
- −392.6%
- Return on equity
- −13.4%
- Return on assets
- −7.8%
- Return on capital (ROCE)
- −9.9%
- Liabilities / assets
- 42.0%
- Debt / equity
- 0.73×
- Book value / share
- $17.05
- Revenue growth (YoY)
- 201.9%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 2.62safe
- Accruals / assets
- −3.5%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 3 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 18, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 27, 2026
- Morgan StanleyPassive (13G)Feb 12, 2026
- Blackrock, Inc.Passive (13G)Jan 21, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 73.3M | 2.0 | -12.5% |
| Apr 30, 2026 | 83.7M | 2.3 | -0.4% |
| Apr 15, 2026 | 84.0M | 2.8 | +3.8% |
| Mar 31, 2026 | 80.9M | 4.5 | +1.8% |
| Mar 13, 2026 | 79.5M | 3.5 | -7.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 6, 2026
- Other material eventApr 24, 2026
- Director / officer changeMar 25, 2026
- Unregistered equity saleMar 11, 2026
- Other material eventFeb 27, 2026
- Results of operationsFeb 25, 2026
- Unregistered equity sale · Regulation FD disclosureJan 30, 2026
- Entered a material agreement · Results of operations · Regulation FD disclosureJan 26, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SDMay 29, 2026
- 4May 8, 2026
- 425FORM 425May 7, 2026
- 10-QMay 7, 2026
- 144May 6, 2026
- 8-KMay 6, 2026
- ARSApr 30, 2026
- DEFA14AApr 30, 2026
- DEF 14AApr 30, 2026
- 425FORM 425Apr 24, 2026
- 8-KFORM 8-KApr 24, 2026
- 4Apr 17, 2026
- 144Apr 16, 2026
- SCHEDULE 13DApr 1, 2026
- EFFECTMar 31, 2026
Event-driven situations (3)
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