IonQ (IONQ-WT) Research & Development (2020 - 2026)
IonQ's quarterly Research & Development came in at $125.7 million in Q1 2026, up 214.72% year-on-year from $40.0 million in Q1 2025, and up 30.85% quarter-over-quarter from $96.1 million in Q4 2025.
IonQ has reported Research & Development for 7 years, with the latest figure at $125.7 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 214.72% year-over-year to $125.7 million; the trailing twelve-month figure through Mar 2026 stood at $391.5 million (up 171.09% YoY), and the FY2025 full-year result was $305.7 million, up 123.42% from the prior year.
- Research & Development for Q1 2026 stood at $125.7 million, 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.
- Peak annual rise in Research & Development reached 231.24% in 2025, while the deepest fall reached 23.43% in 2025.
- Tracing IONQ-WT's Research & Development over 5 years: stood at $13.7 million in 2022, then soared by 130.87% to $31.6 million in 2023, then increased by 26.75% to $40.1 million in 2024, then jumped by 139.78% to $96.1 million in 2025, then surged by 30.85% to $125.7 million in 2026.
- The last three Research & Development figures came in at $125.7 million (Q1 2026), $96.1 million (Q4 2025), and $66.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 284.11 Bn | 272.59 Bn | 6.73 Bn | 797.00 Mn |
| 2 | Sandisk | 250.86 Bn | 247.12 Bn | 4.66 Bn | 337.00 Mn |
| 3 | Arista Networks | 200.57 Bn | 188.21 Bn | 1.68 Bn | 343.70 Mn |
| 4 | Seagate Technology Holdings | 190.92 Bn | 189.77 Bn | 1.45 Bn | 194.00 Mn |
| 5 | Western Digital | 181.67 Bn | 178.44 Bn | 1.68 Bn | 294.00 Mn |
| 6 | Super Micro Computer | 27.56 Bn | 26.27 Bn | 1.02 Bn | 215.66 Mn |
| 7 | Everpure | 26.12 Bn | 25.11 Bn | 740.09 Mn | 243.16 Mn |
| 8 | IonQ | 25.86 Bn | 23.84 Bn | 15.41 Mn | 125.74 Mn |
| 9 | Hp | 25.04 Bn | 21.89 Bn | 2.84 Bn | 392.00 Mn |
| 10 | IonQ | - | - | 15.41 Mn | 125.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 3.65 Mn |
| Dec 31, 2020 | 2.51 Mn |
| Sep 30, 2020 | 2.34 Mn |