IonQ Inc. (IONQ) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$31.72 -2.19% NYSE • Public Delayed / 60s Snapshot

IonQ Inc. (IONQ) carries a Roarable Rating of D (Sell) with 51/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh money.

ROARABLE D • SELL / AVOID Cap $12.97B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERSELL / AVOID • D
025507510051
2-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D · Rk C-
Cash (5)Whales (10)SEC (8)Macro (11)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE-3.2% Base Target
$77 Bull$31 Base$24 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:50% Call Buyers ($2.3M)
50% PutsMax Pain: $31.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How IONQ Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)
Revenue$130.0MGross Profit $57.2M (44%)Cost of Sales $72.8MOp Profit $0 (0%)OpEx (R&D/SG&A) $57.2MNet Profit$0 (0%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $22.0M
FY24
Rev $43.1M
FY25
Rev $130.0M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$130.0M44%-487.4%-$510.0M-$299.6M-12.5%
FY 2024$43.1M44%-539.7%-$332.0M-$123.7M-45%
FY 2023$22.0M44%-715.7%-$158.0M-$79.8M-2.9%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring IONQ)

  • ✓Live walkthrough of IONQ's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
Want Plain-English AI Custom Indicators, Daily Pro Trader Video Clips & SMS Crash Alerts?
IONQ // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -33.42%🛡️ HOLDING TREND SUPPORT
2026-10-30O $29.83H $30.37L $28.55C $30.04VOL 23.38M
RES: $47.89SUP: $29.67SMA50: $38.20SMA200: $42.04
$76.81$63.73$50.65$37.57$24.49RES $47.89SUP $29.67$30.042026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

IONQ Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
18.7%/yr Implied 5Y Growth

vs. +180.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on IONQ today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for IONQ. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for IONQ today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

IONQ Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is IonQ Inc. (IONQ)?

In FY 2025 (10-K), IONQ converted $130.0M of revenue into a 44% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).