Financial Snapshot

Revenue
$37.47M
TTM
Gross Margin
51.02%
TTM
Net Earnings
-$171.6M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1223.24%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$435.7M
Q3 2024
Cash
Q3 2024
P/E
-42.16
Nov 29, 2024 EST
Free Cash Flow
-$118.6M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020
Revenue $22.04M $1.235B $2.099M $0.00
YoY Change -98.22% 58737.54%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020
Revenue $22.04M $1.235B $2.099M $0.00
Cost Of Revenue $7.963M $2.891M $1.040M
Gross Profit $14.08M $8.240M $1.059M
Gross Profit Margin 63.87% 0.67% 50.45%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $68.99M $44.35M $16.97M $659.8K
YoY Change 55.56% 161.35% 2471.84%
% of Gross Profit 490.03% 538.24% 1602.46%
Research & Development $92.32M $43.98M $20.23M
YoY Change 109.93% 117.41%
% of Gross Profit 655.74% 533.71% 1910.1%
Depreciation & Amortization $7.200M $4.000M $2.548M
YoY Change 80.0% 56.99%
% of Gross Profit 51.14% 48.54% 240.6%
Operating Expenses $161.3M $88.33M $39.75M $659.8K
YoY Change 82.63% 122.23% 5923.58%
Operating Profit -$157.8M -$85.75M -$38.69M
YoY Change 83.98% 121.64%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $19.32M $7.093M -$4.259M -$669.8K
YoY Change 172.41% -266.54% 535.9%
% of Operating Profit
Other Income/Expense, Net -$85.00K $6.000K -$63.24M -$14.89M
YoY Change -1516.67% -100.01% 324.86%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$157.7M -$48.51M -$106.2M -$16.21M
YoY Change 225.13% -54.32% 554.88%
Income Tax $48.00K $0.00 $0.00
% Of Pretax Income
Net Earnings -$157.8M -$48.51M -$106.2M -$16.21M
YoY Change 225.23% -54.32% 554.88%
Net Earnings / Revenue -715.77% -3.93% -5058.89%
Basic Earnings Per Share -$0.78 -$0.25 -$0.77
Diluted Earnings Per Share -$0.78 -$0.25 -$771.6K -$436.4K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $355.4M $355.8M $522.5M $1.570M
YoY Change -0.1% -31.9% 33183.73%
Cash & Equivalents $35.67M $44.37M $399.0M
Short-Term Investments $319.8M $311.4M $123.4M
Other Short-Term Assets $23.08M $12.54M $6.442M $770.3K
YoY Change 84.07% 94.64% 736.31%
Inventory
Prepaid Expenses
Receivables $11.47M $3.292M $707.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $390.0M $371.6M $529.6M $2.340M
YoY Change 4.94% -29.83% 22533.01%
Property, Plant & Equipment $42.13M $29.77M $22.90M
YoY Change 41.53% 29.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $100.5M $182.0M $80.11M $300.0M
YoY Change -44.79% 127.19% -73.3%
Other Assets $5.155M $4.910M $3.558M
YoY Change 4.99% 38.0%
Total Long-Term Assets $163.6M $226.4M $112.4M $300.0M
YoY Change -27.73% 101.37% -62.53%
Total Assets $553.6M $598.0M $642.0M $302.4M
YoY Change
Accounts Payable $5.599M $3.055M $1.882M $850.4K
YoY Change 83.27% 62.33% 121.3%
Accrued Expenses $17.38M $6.996M $2.515M $512.5K
YoY Change 148.38% 178.17% 390.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $31.37K
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $37.16M $20.16M $9.691M $1.452M
YoY Change 84.35% 108.03% 567.22%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $31.42M $9.621M $41.11M $45.39M
YoY Change 226.6% -76.6% -9.43%
Total Long-Term Liabilities $31.42M $9.621M $41.11M $45.39M
YoY Change 226.6% -76.6% -9.43%
Total Liabilities $68.59M $29.78M $50.80M $46.84M
YoY Change 130.3% -41.37% 8.46%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 202.6M 197.7M 137.6M
Diluted Shares Outstanding 202.6M 197.7M 137.6M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $7.2318 Billion

About IonQ, Inc.

IonQ, Inc. develops and manufactures quantum computers. The company is headquartered in College Park, Maryland and currently employs 324 full-time employees. The company went IPO on 2020-11-13. The firm's quantum computer, IonQ Forte, boasts 36 algorithmic qubits. The company sells specialized quantum computing hardware together with related maintenance and support. The firm has developed custom hardware, custom firmware, and an operating system to orchestrate the quantum computers. The firm also sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The firm makes access to its quantum computers available via three cloud platforms, Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via its own cloud service. This cloud-based approach enables the availability of quantum-computing-as-a-service (QCaaS).

Industry: Services-Computer Integrated Systems Design Peers: Apple Inc. 3D SYSTEMS CORP AVID TECHNOLOGY, INC. Corsair Gaming, Inc. EASTMAN KODAK CO STRATASYS LTD. Pure Storage, Inc. Super Micro Computer, Inc. Xerox Holdings Corp