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IonQ (IONQ) R&D spending by quarter

IonQ's R&D spending was $142M in Q3 2026 (third quarter 2026), -12% from Q2 2026. Over the last 7 quarters it ranged from $40.0M (Q1 2025) to $161M (Q2 2026).

IonQ R&D spending by quarterIonQ R&D spending by quarter$40.0MQ1 2025$103MQ2 2025$66.3MQ3 2025$96.1MQ4 2025$126MQ1 2026$161MQ2 2026$142MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$142M-12%+114%
Q2 2026$161M+28%+55%
Q1 2026$126M+31%+215%
Q4 2025$96.1M+45%—
Q3 2025$66.3M-36%—
Q2 2025$103M+159%—
Q1 2025$40.0M——

Q3 2026 at a glance

IonQ, Q3 2026: revenue $174M (+336% year over year), operating margin -249.1%, net earnings $563M, operating cash flow −$316M. The chart follows the revenue to costs, profit and cash.

Questions

What is IonQ's R&D spending?

IonQ's R&D spending was $142M in Q3 2026 (third quarter 2026), -12% from Q2 2026.

How has IonQ's R&D spending changed?

Over the last 7 quarters it ranged from $40.0M (Q1 2025) to $161M (Q2 2026).

Q3 2026 results → · How IonQ makes money →