Growth Metrics

IonQ (IONQ) Research & Development (2020 - 2025)

IonQ's annual Research & Development came in at $305.7 million in FY2025, up 123.42% year-over-year from $136.8 million in FY2024.

IonQ has reported Research & Development for 6 years, with the latest figure at $305.7 million in FY2025.

  • For the quarter ending Q1 2026, Research & Development rose 214.72% year-over-year to $125.7 million; the trailing twelve-month figure through Mar 2026 stood at $391.5 million (up 171.09% YoY), and the FY2025 full-year result was $305.7 million, up 123.42% from the prior year.
  • Research & Development for FY2025 stood at $305.7 million, up from $136.8 million in the prior year.
  • The five-year high for Research & Development was $305.7 million in FY2025, with the low at $20.2 million in FY2021.
  • Average Research & Development over 5 years is $119.8 million, with a median of $92.3 million recorded in 2023.
  • Year-over-year, Research & Development soared 48.21% in 2024 and surged 123.42% in 2025.
  • Tracing IONQ's Research & Development over 5 years: stood at $20.2 million in 2021, then surged by 117.41% to $44.0 million in 2022, then surged by 109.93% to $92.3 million in 2023, then soared by 48.21% to $136.8 million in 2024, then soared by 123.42% to $305.7 million in 2025.
  • The last three Research & Development figures came in at $305.7 million (FY2025), $136.8 million (FY2024), and $92.3 million (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Yr)
1 Dell Technologies 284.11 Bn 272.59 Bn 6.73 Bn 3.14 Bn
2 Sandisk 250.86 Bn 247.12 Bn 4.66 Bn -
3 Arista Networks 200.57 Bn 188.21 Bn 1.68 Bn -
4 Seagate Technology Holdings 190.92 Bn 189.77 Bn 1.45 Bn -
5 Western Digital 181.67 Bn 178.44 Bn 1.68 Bn -
6 Super Micro Computer 27.56 Bn 26.27 Bn 1.02 Bn -
7 Everpure 26.12 Bn 25.11 Bn 740.09 Mn 963.29 Mn
8 IonQ 25.86 Bn 23.84 Bn 15.41 Mn -
9 Hp 25.04 Bn 21.89 Bn 2.84 Bn -
10 Logitech International 17.89 Bn 16.15 Bn 483.28 Mn 316.22 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 305.71 Mn
Dec 31, 2024 136.83 Mn
Dec 31, 2023 92.32 Mn
Dec 31, 2022 43.98 Mn
Dec 31, 2021 20.23 Mn
Dec 31, 2020 10.16 Mn