IonQ (IONQ) Revenue — Quarter Ended Jun 30, 2025
Quarterly revenue increased strongly compared to the prior quarter and the same quarter last year. The sequential improvement reversed the decline seen in the immediately preceding period.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Quarterly revenue increased strongly compared to the prior quarter and the same quarter last year. The sequential improvement reversed the decline seen in the immediately preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$20.7M
Revenue reported for this quarter.
Quarter-over-quarter
+173.5%
Change from the immediately preceding quarter.
Year-over-year
+81.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$52.4M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2024 | $12.4M | +102.1% |
| Dec 31, 2024 | $11.7M | +91.8% |
| Mar 31, 2025 | $7.6M | -0.2% |
| Jun 30, 2025 | $20.7M | +81.8% |
Revenue performance
Revenue for the quarter rose sharply from both the prior quarter and the year-ago period. The current quarter figure is the highest reported in the trailing four quarters.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased significantly. Relative to the same quarter one year earlier, revenue also rose substantially.
What to watch
The company expects to incur significant losses and higher operating expenses for the foreseeable future.