Quick Answer
IonQ, Inc. reported R&D Expense of $305.70 million for fiscal year 2025.
IonQ, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $305.70M | +123.4% |
| 2024 | $136.83M | +48.2% |
| 2023 | $92.32M | +109.9% |
| 2022 | $43.98M | +117.4% |
| 2021 | $20.23M | +99.2% |
| 2020 | $10.16M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $66.30M | +99.8% | -35.9% |
| June 30, 2025 | $103.36M | +231.2% | +158.7% |
| March 31, 2025 | $39.95M | +23.4% | +20.4% |
| September 30, 2024 | $33.18M | +34.9% | +6.3% |
| June 30, 2024 | $31.20M | +57.0% | -3.6% |
| March 31, 2024 | $32.37M | +99.4% | +31.6% |
| September 30, 2023 | $24.60M | +85.1% | +23.8% |
| June 30, 2023 | $19.87M | +105.8% | +22.4% |
- IonQ, Inc. showed an increase of +123.4% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, IonQ, Inc.’s r&d expense has grown by 2909.8% (from $10.16 million to $305.70 million).
- The most recent figure is from IonQ, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 25, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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