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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 21M | 173.5% |
| Gross Profit | 12M | 280.4% |
| Cost of Revenue | 8.3M | 93% |
| Operating expense | 181M | 129.7% |
| Net Income | -177M | 448.3% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 1.35B | 58.4% |
| Total Liabilities | 168M | 97.8% |
| Total Equity | 1.16B | 51.8% |
| Shares Outstanding | 284M | 24.1% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -53M | 59.2% |
| Cash from financing | 4.1M | 98.9% |
EPS
Financial Highlights for IonQ in Q2 '25
IonQ reported a revenue of 21M, which is a 173.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 12M, marking a 280.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 8.3M, a 93% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 181M, showing a 129.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -177M, showing a -448.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
IonQ faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
