NYSE$IONQ
IONQ Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
IonQ exceeded revenue guidance and secured major partnerships.
IonQ reported strong Q4 2024 results, surpassing revenue expectations with $11.7 million in revenue. The company posted a net loss of $202.0 million, with an adjusted EBITDA loss of $32.8 million. Cash, cash equivalents, and investments totaled $363.8 million. IonQ also secured a major partnership with the Air Force Research Lab and announced its acquisition of a majority stake in ID Quantique.
- Revenue of $11.7 million, exceeding the high end of guidance.
- Net loss of $202.0 million and adjusted EBITDA loss of $32.8 million.
- Cash, cash equivalents, and investments of $363.8 million.
- Announced acquisition of a majority stake in ID Quantique to strengthen quantum networking leadership.
Headline financials
Revenue & EPS history
Ionq · Revenue · Quarterly
$11.7M
Forward guidance
IonQ expects revenue between $7 million and $8 million in Q1 2025 and full-year revenue between $75 million and $95 million. Adjusted EBITDA loss is projected to be around $120 million for the full year.
Tailwinds
- Projected revenue growth between $75M and $95M in FY 2025.
- Strong cash position of $363.8 million for future investments.
- Strategic acquisition of ID Quantique to enhance quantum networking leadership.
- Major contracts secured, including a $21.1M deal with the Air Force Research Lab.
- Expansion into global markets with partnerships in South Korea and the UAE.
Headwinds
- Projected adjusted EBITDA loss of $120 million for FY 2025.
- Ongoing high R&D costs impacting profitability.
- Revenue guidance for Q1 2025 set lower at $7M to $8M.
- Stock-based compensation expenses remain a significant cost driver.
- Macroeconomic uncertainties could impact customer spending on quantum computing.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+4.5%
Avg return
Earnings day
+6.6%
Avg return
5 days after
+1.6%
Avg return
30 days after
45%
9 / 20 earnings
Positive
+34.9%
Q2 2022
Best reaction
-16.8%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.3% | +6.2% | +8.4% | |
| Q4 2025 | +13.3% | +10.3% | -18.1% | |
| Q3 2025 | -1.3% | -1.8% | -4.9% | |
| Q1 2025 | +9.6% | +14.0% | +33.9% | |
| Q4 2024 | -16.8% | -25.3% | -23.7% | |
| Q3 2024 | +6.4% | +21.0% | +71.7% | |
| Q2 2024 | -1.4% | -6.8% | -5.7% | |
| Q1 2024 | +6.6% | +1.6% | -8.9% | |
| Q4 2023 | -10.5% | -12.8% | -13.7% | |
| Q3 2023 | -2.1% | +0.7% | +19.4% | |
| Q2 2023 | -1.0% | -14.6% | +19.0% | |
| Q1 2023 | +25.8% | +39.8% | +56.5% | |
| Q4 2022 | +19.9% | +37.8% | +7.4% | |
| Q3 2022 | -12.5% | +10.6% | -12.3% | |
| Q2 2022 | +34.9% | +6.6% | -6.8% | |
| Q1 2022 | +9.8% | +8.3% | -3.8% | |
| Q2 2021 | -6.0% | -1.4% | -37.8% | |
| Q4 2021 | -6.0% | -1.4% | -37.8% | |
| Q3 2021 | +30.9% | +39.0% | -11.5% | |
| Q4 2020 | +0.0% | -0.2% | -0.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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