IonQ (IONQ-WT) Operating Expenses (2020 - 2026)

IonQ has reported Operating Expenses for 7 years, with the latest figure at $336.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 303.84% year-over-year to $336.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (up 240.8% YoY), and the FY2025 full-year result was $763.7 million, up 177.19% from the prior year.
• Operating Expenses for Q1 2026 stood at $336.2 million, up from $290.5 million in the prior quarter.
• The five-year high for Operating Expenses was $336.2 million in Q1 2026, with the low at $20.2 million in Q1 2022.
• Average Operating Expenses over 5 years is $97.2 million, with a median of $60.5 million recorded in 2024.
• Year-over-year, Operating Expenses soared 35.6% in 2024 and surged 303.84% in 2026.
• Tracing IONQ-WT's Operating Expenses over 5 years: stood at $27.4 million in 2022, then surged by 120.74% to $60.6 million in 2023, then jumped by 47.33% to $89.2 million in 2024, then jumped by 225.65% to $290.5 million in 2025, then advanced by 15.71% to $336.2 million in 2026.
• The last three Operating Expenses figures came in at $336.2 million (Q1 2026), $290.5 million (Q4 2025), and $208.7 million (Q3 2025), per Business Quant data.

Peer Comparison