IonQ IONQ
NYSE IONQ
$38.15 -2.33 (-5.74%)
As of: Sep 9, 2026 · 3:59 PM EDT

IonQ, Inc. (IONQ) Operating Expenses (2020 - 2026)

IonQ (IONQ) posted Operating Expenses of $417.3 million for Q2 2026, up 24.13% on a QoQ basis from $336.2 million in Q1 2026, and up 130.18% year-over-year from $181.3 million in Q2 2025.

Analysis

IonQ, Inc. (IONQ) Operating Expenses (2020 - 2026) Analysis & Trends

IonQ has reported Operating Expenses for 7 years, with the latest figure at $417.3 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 130.18% year-over-year to $417.3 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 198.77% increase from a year earlier, with the FY2025 full-year figure at $763.7 million, up 177.19% from the prior year.
  • Operating Expenses was $417.3 million for Q2 2026 at IonQ, up from $336.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $417.3 million in Q2 2026, with the low at $20.2 million in Q1 2022.
  • Average Operating Expenses over 5 years is $115.0 million, with a median of $60.5 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses surged 35.6% in 2024, then jumped 303.84% in 2026.
  • Over 5 years, Operating Expenses stood at $27.4 million in 2022, then surged by 120.74% to $60.6 million in 2023, then jumped by 47.33% to $89.2 million in 2024, then jumped by 225.65% to $290.5 million in 2025, then jumped by 43.64% to $417.3 million in 2026.
  • The last three Operating Expenses figures came in at $417.3 million (Q2 2026), $336.2 million (Q1 2026), and $290.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 417.29 Mn
Mar 31, 2026 336.18 Mn
Dec 31, 2025 290.52 Mn
Sep 30, 2025 208.68 Mn
Jun 30, 2025 181.29 Mn
Mar 31, 2025 83.25 Mn
Dec 31, 2024 89.21 Mn
Sep 30, 2024 65.54 Mn
Jun 30, 2024 60.32 Mn
Mar 31, 2024 60.46 Mn
Dec 31, 2023 60.55 Mn
Sep 30, 2023 48.33 Mn
Jun 30, 2023 38.60 Mn
Mar 31, 2023 32.31 Mn
Dec 31, 2022 27.43 Mn
Sep 30, 2022 27.67 Mn
Jun 30, 2022 21.54 Mn
Mar 31, 2022 20.24 Mn
Dec 31, 2021 12.49 Mn
Sep 30, 2021 10.76 Mn