IonQ (IONQ-WT) Cost of Revenue (2020 - 2026)

IonQ (IONQ-WT) has reported Cost of Revenue for 7 consecutive years, with $49.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 1041.46% year-over-year to $49.3 million; the TTM figure through Mar 2026 stood at $98.4 million (up 455.76% YoY), while the FY2025 annual figure was $53.4 million, up 159.49% from the prior year.
• Cost of Revenue came in at $49.3 million for Q1 2026 at IonQ, up from $19.5 million in the prior quarter.
• The five-year high for Cost of Revenue was $49.3 million in Q1 2026, with the low at $742000.0 in Q2 2022.
• Average Cost of Revenue over 5 years is $8.2 million, with a median of $3.8 million recorded in 2022.
• Across the five-year window, Cost of Revenue slumped 64.31% in 2024 and surged 1628.88% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $3.8 million in 2022, then fell by 16.83% to $3.2 million in 2023, then plunged by 64.31% to $1.1 million in 2024, then soared by 1628.88% to $19.5 million in 2025, then jumped by 152.34% to $49.3 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $49.3 million, $19.5 million, and $21.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.