Company / Working Capital
IonQ, Inc. Working Capital History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.4B
FY2025
5-year range
$342.7M / $2.4B
FY2021-FY2025
Trend
+606.0%
vs FY2024
Sector context
#45 of 311
Information Technology
What the data says
Working Capital changed +606% YoY in FY2025, a notable deviation from the 5-year average annual change of +378%.
Based on SEC 10-K filings.
$2.4B in FY2025 with a 5-year CAGR of +131.1%. Top quartile in the Information Technology sector.
Improved from $353M to $2.4B over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +90.2%
- 5-Year CAGR
- +131.1%
- 10-Year CAGR
- -
Sector benchmark
Top 14% in Information TechnologyTop 14% of 311This company $2.4B Sector average $1.7B
▼
+41.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +131.1%, indicating consistent growth.
- In FY2025, working capital increased 606.0% year-over-year.
- Ranks #45 out of 311 companies in the Information Technology sector.
- Lowest working capital in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.41 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.4B | +606.0% |
| FY2024 | $342.7M | -2.9% |
| FY2023 | $352.8M | +0.4% |
| FY2022 | $351.5M | -32.4% |
| FY2021 | $519.9M | +1316.8% |
| FY2020 | $36.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026