IONQ Q3 2023 Earnings — Income Statement Breakdown
For its Q3 2023 period (ending 2023-09-30), IONQ reported revenue of $6M, gross profit of $4M (67.3% gross margin), operating income of −$42M, and net income of −$45M (-730.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
IONQ reported a net loss; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
IONQ Q3 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $6M | 100% |
| Cost of Revenue | −$2M | 32.7% |
| Gross Profit | $4M | 67.3% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$46M | 754.9% |
| Operating Income | −$42M | -687.6% |
| Other Income, net | −$3M | 42.0% |
| Income Tax Expense | −$39,000 | 0.6% |
| Net Income | −$45M | -730.3% |
Source: original SEC filing (filed 2023-11-08). Accession 0000950170-23-061111. Data normalized by EarningsFyi.