IonQ, Inc. IONQ NYSE

NYSE • Technology • Computer Hardware • US • USD

SharesGrow Score

48/100

2/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

IonQ, Inc. (IONQ) generated $-283.19M in operating cash flow for fiscal year 2025. After capital expenditures of $16.42M, free cash flow was $-299.6M.

Free cash flow margin was -230.4% of revenue. Cash conversion ratio was 0.47x, suggesting some earnings are non-cash.

Criteria supported by this page:

HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
MOAT (54/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
INCOME (10/100) — Cash conversion ratio was 0.47x suggests some earnings are non-cash items

Overall SharesGrow Score: 48/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

48/100

SG Score

View full scorecard →

VALUE

48/100

Price-to-Earnings & upside

→ Valuation

✓

FUTURE

64/100

Analyst consensus

→ Forecast

✗

PAST

0/100

→ Income

✓

HEALTH

100/100

Debt-to-Equity & liquidity

Proven by this page

MOAT

54/100

Proven by this page

GROWTH

58/100

→ Income

✗

INCOME

10/100

→ Income

IonQ, Inc. Cash Flow History

Metric	TTM	FY2025	FY2024	FY2023	FY2022
Operating Cash Flow	$-283.19M	$-283.19M	$-105.68M	$-78.81M	$-44.7M
Capital Expenditure	$-18.61M	$-16.42M	$-17.99M	$-19.55M	$-12.56M
Free Cash Flow	$-301.8M	$-299.6M	$-123.68M	$-98.36M	$-57.26M