Growth Metrics

IonQ (IONQ) Operating Expenses (2020 - 2025)

IonQ (IONQ) has 6 years of Operating Expenses data on record, last reported at $290.5 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 225.65% year-over-year to $290.5 million; the TTM value through Dec 2025 reached $763.7 million, up 177.19%, while the annual FY2025 figure was $763.7 million, 177.19% up from the prior year.
  • Operating Expenses reached $290.5 million in Q4 2025 per IONQ's latest filing, up from $208.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $290.5 million in Q4 2025 and bottomed at $7.5 million in Q1 2021.
  • Average Operating Expenses over 5 years is $67.8 million, with a median of $43.5 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 300.71% in 2021, then skyrocketed 35.6% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $12.5 million in 2021, then skyrocketed by 119.72% to $27.4 million in 2022, then skyrocketed 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.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $290.5 million in Q4 2025, $208.7 million in Q3 2025, and $181.3 million in Q2 2025.