IonQ (IONQ) Research & Development (2020 - 2026)

IonQ (IONQ) recorded quarterly Research & Development of $125.7 million in Q1 2026, up 30.85% quarter-over-quarter from $96.1 million in Q4 2025, and up 214.72% on a YoY basis from $40.0 million in Q1 2025.

IonQ (IONQ) Research & Development (2020 - 2026) Analysis & Trends

IonQ's Research & Development history runs 7 years deep, the most recent figure standing at $125.7 million for Q1 2026.

  • In Q1 2026, Research & Development rose 214.72% year-over-year to $125.7 million; the TTM figure through Mar 2026 stood at $391.5 million (up 171.09% YoY), while the FY2025 annual figure was $305.7 million, up 123.42% from the prior year.
  • Research & Development was $125.7 million for Q1 2026 at IonQ, up from $96.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $125.7 million in Q1 2026 to a low of $7.3 million in Q1 2022.
  • Historically, Research & Development has averaged $41.4 million across 5 years, with a median of $31.6 million in 2023.
  • Biggest YoY gain for Research & Development was 231.24% in 2025; the steepest drop was 23.43% in 2025.
  • A 5-year view of Research & Development shows it stood at $13.7 million in 2022, then surged by 130.87% to $31.6 million in 2023, then grew by 26.75% to $40.1 million in 2024, then soared by 139.78% to $96.1 million in 2025, then jumped by 30.85% to $125.7 million in 2026.
  • The last three Research & Development figures came in at $125.7 million (Q1 2026), $96.1 million (Q4 2025), and $66.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 797.00 Mn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 337.00 Mn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 343.70 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 194.00 Mn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 294.00 Mn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 215.66 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 243.16 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 432.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 125.74 Mn
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 87.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 125.74 Mn
Dec 31, 2025 96.10 Mn
Sep 30, 2025 66.30 Mn
Jun 30, 2025 103.36 Mn
Mar 31, 2025 39.95 Mn
Dec 31, 2024 40.08 Mn
Sep 30, 2024 33.18 Mn
Jun 30, 2024 31.20 Mn
Mar 31, 2024 32.37 Mn
Dec 31, 2023 31.62 Mn
Sep 30, 2023 24.60 Mn
Jun 30, 2023 19.87 Mn
Mar 31, 2023 16.23 Mn
Dec 31, 2022 13.70 Mn
Sep 30, 2022 13.29 Mn
Jun 30, 2022 9.65 Mn
Mar 31, 2022 7.34 Mn
Dec 31, 2021 4.92 Mn
Sep 30, 2021 6.18 Mn
Jun 30, 2021 5.48 Mn