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IonQ, Inc. (IONQ) — WACC Analysis

WACC Breakdown

IonQ, Inc. (IONQ) has a weighted average cost of capital (WACC) of 13.9%. The cost of equity is 13.9%, derived from a beta of 2.75 and a risk-free rate of 4.7%. The after-tax cost of debt is 5.0%. The capital structure is 100.0% equity and 0.0% debt.

Interpretation

A WACC of 13.9% indicates that the market perceives IonQ, Inc. as higher-risk, requiring a greater return to compensate investors.

Investors can compare IONQ's WACC of 13.9% against industry peers to gauge its relative financing costs. A beta of 2.75 reflects the stock's volatility relative to the broader market.

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VALUATION

IONQ WACC: 13.89% for IonQ, Inc.

Current inputs imply a 13.89% cost of equity and a 5.00% pre-tax cost of debt. Use this discount rate as a starting point for DCF validation.

[01]Current Market Data
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[02]
WACC Calculation Process
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Market Data Loaded
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Company Data Fetched
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Beta Calculated (5Y)
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Inputs Auto-Populated
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WACC Calculated
[03]
Step 2: Enter Ticker Symbol
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Step 4: Review Auto-Populated WACC Inputs

Values are automatically populated from real data. You can adjust them manually if needed.

4.30%
1.000
4.23%
5.00%
21.00%
70.00%
Debt: 30.00%Equity: 70.00%

Please enter a valid company ticker to calculate WACC

IonQ, Inc. Common Stock (IONQ) WACC Results
Weighted Average Cost of Capital
13.89%
Cost of Equity
13.89%
Risk-Free Rate4.73%
Beta2.75
Market Risk Premium4.23%
Cost of Debt
5.00%
Pre-Tax Cost of Debt5.00%
Tax Rate0.00%
Tax Shield0.00%
Capital Structure
Equity: 100.00%($15.88B)
Debt: 0.00%($0.00M)
Equity Component
13.89%
100.00% × 13.89%
Debt Component
0.00%
0.00% × 5.00%

IonQ, Inc. (IONQ) WACC in context

IonQ, Inc. (IONQ) currently screens with an estimated WACC of 13.89%. That blends a 13.89% cost of equity, a 5.00% pre-tax cost of debt, and a 100.00% equity weight into the discount rate you would typically use in a DCF model.

screens as a relatively high discount rate, which makes valuation more sensitive to execution and capital structure risk.

What IONQ WACC implies

A 13.89% discount rate screens as a relatively high discount rate, which makes valuation more sensitive to execution and capital structure risk.

How this page calculates IONQ

This page combines CAPM-based cost of equity with SEC-derived debt and capital structure inputs. The current beta is 2.75 and equity accounts for 100.00% of capital.

What to do next

Validate business quality on the company page, then carry the same discount-rate assumptions into the DCF page to test fair value sensitivity.

Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.

IONQ WACC: 13.89% — IonQ, Inc. Cost of Capital (September 2026) | DeepViews