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| 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 |