IonQ Inc. logo

IonQ Inc.

IONQ
Q3 2025

Revenue

$138M

-17%

Net Income

$-1M

-107%
IONQ
Technology
Quantum Computing

IonQ Inc.

CIK: 0001822928

IonQ Inc. logo

Next Earnings Report

Estimated based on historical filing patterns

Fri, Feb 6, 2026
Estimated
10-K
FQ4 2025

This date is an estimate based on the company's typical quarterly filing schedule. The actual filing date may vary.

Earnings Analysis

Analyzed 11 of 12 reports

Performance Summary - Q3 2025
bullish (65)
maintained

Revenue
$138.373M
QoQ:-17.0%
YoY:+3.2%
Net Income
$-0.806M
QoQ:-107.4%
YoY:-87.2%
Peer Comparison
Infrastructure
(2 peers)
Peers: CORZ, DOCN
Analyze peer companies to see comparative metrics here
Tech
(26 peers)
Peers: AAPL, MSFT, GOOGL, AMZN, META, TSLA, NVDA, SNOW, PLTR, NET, CRWD, DDOG, ZS, OKTA, MDB, TEAM, U, RBLX, AMD, INTC, QCOM, AVGO, COIN, HOOD, CORZ, DOCN
Analyze peer companies to see comparative metrics here

Reality-Based Sentiment Analysis
bullish
65/100

Based on actual market data, not just management spin. Weighted score: 10% management tone + 40% earnings beat/miss + 30% price action + 20% guidance accuracy.

Management Tone (10%)
50
From earnings report
Earnings Beat/Miss (40%)
50
7-Day Price Action (30%)
100
+22.9% post-earnings
Guidance Accuracy (20%)
50
Unknown

Financial Performance Trend

Market:
bull
62
neut
54
neut
48
neut
52
bear
34
bull
62
neut
50
neut
58
neut
55
neut
56
bull
65
Guidance:
maintain
maintain
maintain
maintain
maintain
maintain
maintain
lowered
maintain
maintain
maintain

Overall Analysis & Outlook

Over the past 5 quarters, IonQ Inc. has been showing bearish trends with stable guidance. Revenue has declined 19.6% during this period. The latest quarter shows neutral sentiment with neutral tone from management.

Latest Quarter Highlights:

Holley reported steady quarterly performance with slight revenue growth and continued focus on managing macroeconomic challenges like tariffs. The company maintains strategic investments and a stable operational approach.

Detailed Quarterly Reports

In-depth analysis of each quarter's earnings filing

Q3 2025

10-Q • Filed 11/7/2025

neutral

Summary

Holley reported steady quarterly performance with slight revenue growth and continued focus on managing macroeconomic challenges like tariffs. The company maintains strategic investments and a stable operational approach.

Revenue

$138.373M

Net Income

$-0.806M

Guidance

maintained

Tone

neutral

Capex

$9.953M

Partnerships

Cataclean Global Limited license agreement

Key Quotes

"The Company continues to monitor international trade developments, including potential changes in tariff rates"

"The Company has implemented a range of initiatives to mitigate the impact of tariffs"

Q2 2025

10-Q • Filed 8/6/2025

neutral

Summary

Holley reported steady quarterly performance with Q2 revenue of $166.7 million and net income of $10.9 million. The company continues to navigate supply chain challenges and trade policy uncertainties while maintaining operational stability.

Revenue

$166.661M

Net Income

$10.863M

Guidance

maintained

Tone

neutral

Capex

$7.808M

Partnerships

Cataclean Global Limited license agreement

Key Quotes

"The Company continues to monitor international trade developments, including potential changes in tariff rates"

"The Company has implemented a range of initiatives to mitigate the impact of tariffs"

Q1 2025

10-Q • Filed 5/7/2025

neutral

Summary

Holley reported stable Q1 2025 performance with revenues of $153 million and net income of $2.8 million. The company continues to navigate macro challenges while maintaining cost discipline and operational efficiency.

Revenue

$153.044M

Net Income

$2.817M

Guidance

maintained

Tone

neutral

Capex

$2.98M

Key Quotes

"The Company is an emerging growth company with locations in the United States, Canada, Italy and China."

"Profitability has been, and may continue to be, adversely affected by constrained consumer demand and a shift in sales to lower-margin products"

Q4 2024

10-K • Filed 3/14/2025

bearish

Summary

Holley experienced a challenging year with declining revenues, a net loss, and significant goodwill impairment charges. The company is focused on cost-cutting, product rationalization, and navigating macroeconomic headwinds.

Revenue

$140.054M

Net Income

$-37.782M

Guidance

lowered

Tone

cautious

Capex

$6.804M

Key Quotes

"Our profitability has been, and may continue to be, adversely affected by constrained consumer demand"

"We have taken steps to minimize the adverse impacts of supply chain volatility and rising inflation"

Q3 2024

10-Q • Filed 11/8/2024

bearish

Summary

Holley reported a challenging quarter with quarterly revenue of $134 million and a net loss of $6.3 million. The company continues to face margin pressures and macroeconomic headwinds, though maintaining stable operations and generating positive operating cash flow.

Revenue

$134.038M

Net Income

$-6.288M

Guidance

maintained

Tone

cautious

Capex

$4.372M

Key Quotes

"The Company's profitability has been, and may continue to be, adversely affected by constrained consumer demand, a shift in sales to lower-margin products"

"Should the ongoing macroeconomic conditions not improve, or worsen, the Company's business, results of operations and financial condition may be adversely affected"

Q2 2024

10-Q • Filed 8/7/2024

neutral

Summary

Holley reported stable Q2 2024 performance with quarterly revenue of $169.5M and net income of $17.1M. The company continues to manage inventory and maintain a balanced operational approach across its automotive aftermarket product lines.

Revenue

$169.496M

Net Income

$17.105M

Guidance

maintained

Tone

neutral

Capex

$2.645M

Key Quotes

"Attempted to minimize potential adverse impacts with cost savings initiatives, price increases, and inventory management"

"Ongoing macroeconomic conditions continue to impact business performance"

Q1 2024

10-Q • Filed 5/8/2024

neutral

Summary

Holley experienced a slight decline in quarterly revenue and net income, with cautious management commentary reflecting ongoing challenges in the automotive aftermarket. The company is managing through supply chain constraints and product rationalization efforts.

Revenue

$158.636M

Net Income

$3.73M

Guidance

maintained

Tone

cautious

Capex

$1.265M

Key Quotes

"The Company has attempted to minimize potential adverse impacts on its business with cost savings initiatives, price increases to customers, and increased attention to maintaining appropriate inventory levels"

"The Company's profitability has been, and may continue to be, adversely affected by constrained consumer demand"

Q4 2023

10-K • Filed 3/14/2024

neutral

Summary

Holley experienced a 4.2% revenue decline in 2023 due to supply chain constraints and normalizing demand. The company focused on cost-saving initiatives, improving gross margins, and managing operational efficiency.

Revenue

$155.703M

Net Income

$1.222M

Guidance

maintained

Tone

cautious

Capex

$5.9M(-61% YoY)

Key Quotes

"We have attempted to minimize potential adverse impacts on our business with cost savings initiatives, price increases to customers, and by increasing inventory levels"

"Our profitability has been, and may continue to be, adversely affected by constrained consumer demand"

Q3 2023

10-Q • Filed 11/8/2023

neutral

Summary

Holley reported steady quarterly revenue of $156.53 million with modest net income of $0.752 million, reflecting ongoing challenges in the automotive aftermarket. The company is managing supply chain constraints and inflationary pressures while maintaining a cautious outlook.

Revenue

$156.53M

Net Income

$0.752M

Guidance

maintained

Tone

cautious

Capex

$4.417M

Key Quotes

"Sales growth in certain products has been constrained by supply chain challenges and automotive electronic component shortages"

"The Company has attempted to minimize potential adverse impacts on its business with cost savings initiatives, price increases to customers"

Q2 2023

10-Q • Filed 8/10/2023

neutral

Summary

Holley reported a moderate quarter with slightly lower revenues and net income compared to the same period last year, reflecting ongoing supply chain challenges and inflationary pressures. The company maintains a cautious outlook while managing costs and inventory levels.

Revenue

$175.262M

Net Income

$12.979M

Guidance

maintained

Tone

cautious

Capex

$2.738M

Key Quotes

"Sales growth in certain products has been constrained by continuing supply chain challenges and automotive electronic component shortages"

"The Company has attempted to minimize potential adverse impacts on its business with cost savings initiatives, price increases to customers, and by increasing inventory levels"

Q1 2023

10-Q • Filed 5/11/2023

neutral

Summary

Holley reported a Q1 2023 revenue of $172.2 million and net income of $4.2 million, representing a decline from the same quarter last year. The company continues to face supply chain challenges and inflationary pressures, which are impacting its performance.

Revenue

$172.205M

Net Income

$4.247M

Guidance

maintained

Tone

cautious

Capex

$1.001M

Key Quotes

"Sales growth in certain products has been constrained by continuing supply chain challenges and automotive electronic component shortages."

"Our profitability has been, and may continue to be, adversely affected by constrained consumer demand, a shift in sales to lower-margin products, and demands on our performance that increased our costs."

Sector Comparison

How IONQ performs vs Technology sector and Quantum Computing peers

Sector Ranking (Technology)

#4of 5

Category Ranking (Quantum Computing)

#1of 1

Key Metrics vs Averages

Revenue (Quarterly)
At average

IONQ

$138.373M

Quantum Computing Avg

$138.373M

Technology Avg

$703.219M

Overall Sentiment
neutral

Guidance: maintained • Tone: neutral