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

IonQ (IONQ-WT) has reported Operating Expenses for 7 consecutive years, with $336.2 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 303.84% year-over-year to $336.2 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 240.8% YoY), while the FY2025 annual figure was $763.7 million, up 177.19% from the prior year.
• Operating Expenses came in at $336.2 million for Q1 2026 at IonQ, 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.
• Across the five-year window, Operating Expenses jumped 35.6% in 2024 and soared 303.84% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $27.4 million in 2022, then jumped by 120.74% to $60.6 million in 2023, then soared by 47.33% to $89.2 million in 2024, then soared by 225.65% to $290.5 million in 2025, then grew by 15.71% to $336.2 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $336.2 million, $290.5 million, and $208.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.