IonQ (IONQ) Cost of Revenue (2020 - 2026)

IonQ's Cost of Revenue history runs 7 years deep, the most recent figure standing at $49.3 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 1041.46% year-over-year to $49.3 million; the TTM figure through Mar 2026 stood at $98.4 million (up 455.76% YoY), while the FY2025 annual figure was $53.4 million, up 159.49% from the prior year.
• Cost of Revenue was $49.3 million for Q1 2026 at IonQ, up from $19.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $49.3 million in Q1 2026 to a low of $742000.0 in Q2 2022.
• Historically, Cost of Revenue has averaged $8.2 million across 5 years, with a median of $3.8 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue sank 64.31% in 2024, then surged 1628.88% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $3.8 million in 2022, then slipped by 16.83% to $3.2 million in 2023, then tumbled by 64.31% to $1.1 million in 2024, then soared by 1628.88% to $19.5 million in 2025, then jumped by 152.34% to $49.3 million in 2026.
• The last three Cost of Revenue figures came in at $49.3 million (Q1 2026), $19.5 million (Q4 2025), and $21.3 million (Q3 2025), per Business Quant data.