Growth Metrics

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 🔒
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
Mar 31, 2021 3.65 Mn
Dec 31, 2020 2.51 Mn
Sep 30, 2020 2.34 Mn