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IonQ (IONQ) Operating Expenses (2020 - 2026)

IonQ has reported Operating Expenses over the past 6 years, most recently at $290.5 million for 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 for Q4 2025 was $290.5 million at IonQ, up from $208.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $290.5 million in Q4 2025 and troughed at $7.5 million in Q1 2021.
  • A 5-year average of $67.8 million and a median of $43.5 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: skyrocketed 35.6% in 2024 and later surged 225.65% in 2025.
  • Year by year, Operating Expenses stood at $12.5 million in 2021, then soared by 119.72% to $27.4 million in 2022, then soared by 120.74% to $60.6 million in 2023, then surged by 47.33% to $89.2 million in 2024, then surged by 225.65% to $290.5 million in 2025.
  • Business Quant data shows Operating Expenses for IONQ at $290.5 million in Q4 2025, $208.7 million in Q3 2025, and $181.3 million in Q2 2025.