OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. IonQ's Cash Flow from Operations for the
three
months ended in Mar. 2026 was CHF-151.0 Mil. IonQ's Revenue for the
three
months ended in Mar. 2026 was CHF64.7 Mil. Therefore, IonQ's OCF Margin % for the quarter that ended in Mar. 2026 was -233.54%.
The historical rank and industry rank for IonQ's OCF Margin % or its related term are showing as below:
XSWX:IONQ'
s OCF Margin % Range Over the Past 10 Years
Min: -1264.27 Med: -357.55 Max: -217.81
Current: -214.4
During the past 6 years, the highest OCF Margin % of IonQ was -217.81%. The lowest was -1264.27%. And the median was -357.55%.
XSWX:IONQ's OCF Margin % is ranked worse than 97.62% of 2476
companies
in the Hardware industry
Industry Median: 5.285
vs XSWX:IONQ: -214.40
IonQ OCF Margin % Related Terms
IonQ OCF Margin % Historical Data
* Premium members only.
The historical data trend for IonQ's OCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Computer Hardware subindustry, IonQ's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IonQ OCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, IonQ's OCF Margin % distribution charts can be found below:
* The bar in red indicates where IonQ's OCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IonQ (XSWX:IONQ) has a OCF Margin % of -233.54% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on IonQ and its competitors. According to the industry distribution chart, IonQ ranks #2417 out of 2476 companies in the Hardware industry, placing it in the top 97.6%.
Is IonQ's OCF Margin % too high?
IonQ's current OCF Margin % is -233.54%. Based on the distribution chart, IonQ ranks #2417 out of 2476 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, IonQ has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does IonQ's OCF Margin % compare to ?
According to the Hardware industry distribution chart, IonQ ranks #2417 out of 2476 companies for OCF Margin %. This places IonQ in the lower half of its industry. The industry median OCF Margin % is 5.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Hardware company?
The median OCF Margin % among Hardware companies is 5.29, based on 2,476 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on IonQ and its competitors. For the Hardware industry, the median OCF Margin % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IonQ's current OCF Margin % is -233.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IonQ stock overvalued right now?
IonQ (XSWX:IONQ) has a current OCF Margin % of -233.54%. The stock's GF Value™ is CHF72.74, compared to a current price of CHF40.79 — trading 43.9% below its estimated fair value. The current OCF Margin % is -233.54%. IonQ's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For IonQ (XSWX:IONQ), the current OCF Margin % is -233.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IonQ (XSWX:IONQ) Overvalued in 2026?
Based on GuruFocus' analysis, IonQ stock appears to be undervalued.
The current stock price of CHF40.79 is trading 43.9% below its estimated GF Value™ of CHF72.74.
Key valuation signals for XSWX:IONQ:
OCF Margin %: -233.54%
GF Value™: CHF72.74 vs. price of CHF40.79 (43.9% below fair value)
No single metric tells the full story. See the XSWX:IONQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
52GF Score
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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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