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

IonQ (IONQ-WT) posted quarterly Research & Development of $125.7 million for Q1 2026, up 1360.39% year-over-year from $8.6 million in Q1 2025, and up 544.19% quarter-over-quarter from $19.5 million in Q4 2025.

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

IonQ's Research & Development history runs 7 years deep, the most recent figure standing at $125.7 million for Q1 2026.

  • In Q1 2026, Research & Development rose 1360.39% year-over-year to $125.7 million; the TTM figure through Mar 2026 stood at $263.1 million (up 38.2% YoY), while the FY2025 annual figure was $53.4 million, down 60.94% from the prior year.
  • Research & Development for Q1 2026 stood at $125.7 million, up from $19.5 million in the prior quarter.
  • The five-year high for Research & Development was $125.7 million in Q1 2026, with the low at -$21.9 million in Q4 2022.
  • The 5-year median for Research & Development is $14.4 million (2025), against an average of $29.5 million.
  • The sharpest annual moves came in 2024 and 2025: Research & Development jumped 1581.12% in 2024, then sank 83.37% in 2025.
  • IonQ's Research & Development stood at -$21.9 million in 2022, then jumped by 131.88% to $7.0 million in 2023, then surged by 1581.12% to $117.4 million in 2024, then tumbled by 83.37% to $19.5 million in 2025, then surged by 544.19% to $125.7 million in 2026.
  • Business Quant data shows IONQ-WT's Research & Development at $125.7 million in Q1 2026, $19.5 million in Q4 2025, and $14.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Dell Technologies 278.57 Bn 266.99 Bn 7.78 Bn 983.00 Mn
2 Arista Networks 232.75 Bn 220.40 Bn 1.68 Bn 343.70 Mn
3 Sandisk 190.63 Bn 186.89 Bn 4.66 Bn 337.00 Mn
4 Seagate Technology Holdings 186.50 Bn 185.35 Bn 1.45 Bn 194.00 Mn
5 Western Digital 184.00 Bn 180.76 Bn 1.68 Bn 294.00 Mn
6 Everpure 26.61 Bn 25.11 Bn 723.33 Mn 347.86 Mn
7 Hp 24.78 Bn 21.08 Bn 3.02 Bn 432.00 Mn
8 Super Micro Computer 17.22 Bn 15.93 Bn 1.02 Bn 89.51 Mn
9 Logitech International 16.90 Bn 15.15 Bn 607.94 Mn 219.75 Mn
10 IonQ 10.24 Bn 8.22 Bn 15.41 Mn 125.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 125.74 Mn
Dec 31, 2025 19.52 Mn
Sep 30, 2025 14.44 Mn
Jun 30, 2025 103.36 Mn
Mar 31, 2025 8.61 Mn
Dec 31, 2024 117.36 Mn
Sep 30, 2024 33.18 Mn
Jun 30, 2024 31.20 Mn
Mar 31, 2024 32.37 Mn
Dec 31, 2023 6.98 Mn
Sep 30, 2023 5.05 Mn
Jun 30, 2023 3.58 Mn
Mar 31, 2023 16.23 Mn
Dec 31, 2022 -21.90 Mn
Sep 30, 2022 1.97 Mn
Jun 30, 2022 2.13 Mn
Mar 31, 2022 1.87 Mn
Dec 31, 2021 -12.08 Mn
Sep 30, 2021 6.18 Mn
Jun 30, 2021 871,000.00