IonQ (IONQ) Operating Expenses (2020 - 2026)

IonQ's Operating Expenses history runs 7 years deep, the most recent figure standing at $336.2 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 303.84% year-over-year to $336.2 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 240.8% YoY), while the FY2025 annual figure was $763.7 million, up 177.19% from the prior year.
• Operating Expenses was $336.2 million for Q1 2026 at IonQ, up from $290.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $336.2 million in Q1 2026 to a low of $20.2 million in Q1 2022.
• Historically, Operating Expenses has averaged $97.2 million across 5 years, with a median of $60.5 million in 2024.
• The sharpest annual moves came in 2024 and 2026: Operating Expenses jumped 35.6% in 2024, then soared 303.84% in 2026.
• A 5-year view of Operating Expenses shows it stood at $27.4 million in 2022, then jumped by 120.74% to $60.6 million in 2023, then soared by 47.33% to $89.2 million in 2024, then soared by 225.65% to $290.5 million in 2025, then gained by 15.71% to $336.2 million in 2026.
• The last three Operating Expenses figures came in at $336.2 million (Q1 2026), $290.5 million (Q4 2025), and $208.7 million (Q3 2025), per Business Quant data.