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What changed in IonQ, Inc.'s latest annual report

In the year ended 31 Dec 2025, IonQ, Inc.'s revenue rose 201.9% to USD 130.02m, from USD 43.07m; total liabilities rose 2113.7% to USD 2.76bn, from USD 124.53m; cash and cash equivalents rose 1795.2% to USD 1.03bn, from USD 54.39m.

Year ended 31 Dec 2025. Source: 10-K filed 25 Feb 2026, read it on SEC EDGAR.

USD 43.07m to USD 130.02m

Revenue, up 201.9% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue43.07m130.02mUp 201.9%
Net income-331.65m-510.38mNot comparable
Total assets508.39m6.57bnUp 1192.4%
Total liabilities124.53m2.76bnUp 2113.7%
Cash and cash equivalents54.39m1.03bnUp 1795.2%
Shareholders' equity383.86m3.80bnUp 889.8%

Questions people ask

Did IonQ, Inc.'s revenue grow last year?

Revenue grew 201.9%, from USD 43.07m to USD 130.02m in the year ended 31 Dec 2025.

Is IonQ, Inc. profitable?

Not in its latest year: it reported a net loss of USD 510.38m in the year ended 31 Dec 2025. The year before: a net loss of USD 331.65m.

How much cash and debt does IonQ, Inc. have?

At its latest year end (31 Dec 2025), IonQ, Inc. reported cash and cash equivalents of USD 1.03bn.

Where do these numbers come from?

From IonQ, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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IonQ, Inc. (IONQ) 10-K: what changed year on year | LYNORIQ Insights