IonQ IONQ
NYSE IONQ
$38.15 -2.33 (-5.74%)
As of: Sep 9, 2026 · 3:59 PM EDT

IonQ, Inc. (IONQ) Cost of Revenue (2020 - 2026)

IonQ (IONQ) posted Cost of Revenue of $60.1 million for Q2 2026, up 22.04% on a QoQ basis from $49.3 million in Q1 2026, and up 621.87% year-over-year from $8.3 million in Q2 2025.

Analysis

IonQ, Inc. (IONQ) Cost of Revenue (2020 - 2026) Analysis & Trends

IonQ has reported Cost of Revenue for 7 years, with the latest figure at $60.1 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 621.87% year-over-year to $60.1 million in Q2 2026; TTM through Jun 2026 was $174.2 million, a 619.82% increase from a year earlier, with the FY2025 full-year figure at $77.5 million, up 276.21% from the prior year.
  • Cost of Revenue was $60.1 million for Q2 2026 at IonQ, up from $49.3 million in the prior quarter.
  • The five-year high for Cost of Revenue was $60.1 million in Q2 2026, with the low at $568000.0 in Q1 2022.
  • Average Cost of Revenue over 5 years is $12.1 million, with a median of $3.9 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue rose 26.39% in 2025, then soared 1041.46% in 2026.
  • Over 5 years, Cost of Revenue stood at $901000.0 in 2022, then jumped by 251.05% to $3.2 million in 2023, then surged by 59.5% to $5.0 million in 2024, then jumped by 764.08% to $43.6 million in 2025, then soared by 37.89% to $60.1 million in 2026.
  • The last three Cost of Revenue figures came in at $60.1 million (Q2 2026), $49.3 million (Q1 2026), and $43.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 60.11 Mn
Mar 31, 2026 49.25 Mn
Dec 31, 2025 43.59 Mn
Sep 30, 2025 21.25 Mn
Jun 30, 2025 8.33 Mn
Mar 31, 2025 4.32 Mn
Dec 31, 2024 5.05 Mn
Sep 30, 2024 6.52 Mn
Jun 30, 2024 5.62 Mn
Mar 31, 2024 3.41 Mn
Dec 31, 2023 3.16 Mn
Sep 30, 2023 2.01 Mn
Jun 30, 2023 1.90 Mn
Mar 31, 2023 1.04 Mn
Dec 31, 2022 901,000.00
Sep 30, 2022 733,000.00
Jun 30, 2022 742,000.00
Mar 31, 2022 568,000.00
Dec 31, 2021 298,000.00
Sep 30, 2021 234,000.00