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 for Q1 2026 stood at $336.2 million, up from $290.5 million in the prior quarter.
• The five-year high for Operating Expenses was $336.2 million in Q1 2026, with the low at $20.2 million in Q1 2022.
• The 5-year median for Operating Expenses is $60.5 million (2024), against an average of $97.2 million.
• The sharpest annual moves came in 2024 and 2026: Operating Expenses soared 35.6% in 2024, then surged 303.84% in 2026.
• IonQ's Operating Expenses stood at $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, then rose by 15.71% to $336.2 million in 2026.
• Business Quant data shows IONQ's Operating Expenses at $336.2 million in Q1 2026, $290.5 million in Q4 2025, and $208.7 million in Q3 2025.