Company / R&D Expense
IonQ, Inc. R&D Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$305.7M
FY2025
5-year range
$20.2M / $305.7M
FY2021-FY2025
Trend
+123.4%
vs FY2024
Sector context
#92 of 264
Information Technology
What the data says
At $306M, IonQ, Inc.'s r&d expense ranks #92 of 264 in the Information Technology sector. Improved from $44M to $306M over the past 2 years.
Based on SEC 10-K filings.
$306M in FY2025 with a 5-year CAGR of +97.6%.
Improved from $44M to $306M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +90.8%
- 5-Year CAGR
- +97.6%
- 10-Year CAGR
- -
Sector benchmark
#92 of 264 in Information TechnologyTop 35% of 264This company $305.7M Sector average $924.6M
▼
-66.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +97.6%, indicating consistent growth.
- In FY2025, r&d expense increased 123.4% year-over-year.
- Ranks #92 out of 264 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.41 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $305.7M | +123.4% |
| FY2024 | $136.8M | +211.1% |
| FY2023 | $44.0M | +0.0% |
| FY2022 | $44.0M | +117.4% |
| FY2021 | $20.2M | +99.2% |
| FY2020 | $10.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026