IonQ (IONQ-WT) Research & Development (2020 - 2026)

IonQ (IONQ-WT) posted quarterly Research & Development of $125.7 million for Q1 2026, up 214.72% year-over-year from $40.0 million in Q1 2025, and up 30.85% on a QoQ basis from $96.1 million in Q4 2025.

IonQ (IONQ-WT) Research & Development (2020 - 2026) Analysis & Trends

IonQ (IONQ-WT) has reported Research & Development for 7 consecutive years, with $125.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Research & Development rose 214.72% year-over-year to $125.7 million; the TTM figure through Mar 2026 stood at $391.5 million (up 171.09% YoY), while the FY2025 annual figure was $305.7 million, up 123.42% from the prior year.
  • Research & Development came in at $125.7 million for Q1 2026 at IonQ, up from $96.1 million in the prior quarter.
  • The five-year high for Research & Development was $125.7 million in Q1 2026, with the low at $7.3 million in Q1 2022.
  • Average Research & Development over 5 years is $41.4 million, with a median of $31.6 million recorded in 2023.
  • The largest YoY upside for Research & Development was 231.24% in 2025 against a maximum downside of 23.43% in 2025.
  • Year by year, Research & Development stood at $13.7 million in 2022, then surged by 130.87% to $31.6 million in 2023, then gained by 26.75% to $40.1 million in 2024, then soared by 139.78% to $96.1 million in 2025, then jumped by 30.85% to $125.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $125.7 million, $96.1 million, and $66.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 337.00 Mn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 983.00 Mn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 343.70 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 294.00 Mn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 194.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 259.09 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 432.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 215.66 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 87.07 Mn
10 IonQ 1.52 Mn -2.02 Bn 15.41 Mn 125.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 125.74 Mn
Dec 31, 2025 96.10 Mn
Sep 30, 2025 66.30 Mn
Jun 30, 2025 103.36 Mn
Mar 31, 2025 39.95 Mn
Dec 31, 2024 40.08 Mn
Sep 30, 2024 33.18 Mn
Jun 30, 2024 31.20 Mn
Mar 31, 2024 32.37 Mn
Dec 31, 2023 31.62 Mn
Sep 30, 2023 24.60 Mn
Jun 30, 2023 19.87 Mn
Mar 31, 2023 16.23 Mn
Dec 31, 2022 13.70 Mn
Sep 30, 2022 13.29 Mn
Jun 30, 2022 9.65 Mn
Mar 31, 2022 7.34 Mn
Dec 31, 2021 4.92 Mn
Sep 30, 2021 6.18 Mn
Jun 30, 2021 5.48 Mn