Value Sense
IONQ
IonQ, Inc. (IONQ)
Last Price$23.1(5.9%)
Market Cap$5,278.9M
LTM Research & Development Expenses (R&D)
$136.8M
YoY Growth
+48.2%
3Y CAGR
+89.1%
5Y CAGR
+120.2%
Stock quality & Intrinsic value
6/10
90.3% overvalued
IONQ
is (90.3%) overvalued
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IonQ, Inc. Research & Development Expenses (R&D)

Annual
Quarterly
LTM
Crunching data... Almost there!
Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Research & Development Expenses (R&D)
$6,889.0K
$10.2M
$20.2M
$44.0M
$92.3M
$0.0
IONQ
Key metrics and insights to make informed decisions.
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IonQ, Inc. (IONQ) Research & Development Expenses (R&D) comparison analysis

General

LTM Research & Development Expenses (R&D)

Growth

Company name

YoY growth

3Y CAGR

5Y CAGR

IonQ, Inc. logo
IonQ, Inc.IONQ
$136.8M
48.2%
89.1%
N/A
Median Peer Set
$891.6M
3.3%
8.2%
2.6%
Dell Technologies Inc. logo
Dell Technologies Inc.DELL
$2,288.0M
(18.3%)
89.7%
(14.4%)
Western Digital Corporation logo
Western Digital CorporationWDC
$2,053.0M
13.5%
(3.8%)
(1.5%)
HP Inc. logo
HP Inc.HPQ
$1,638.0M
4.1%
(4.0%)
1.0%
NetApp, Inc. logo
NetApp, Inc.NTAP
$1,027.0M
2.6%
5.8%
4.1%
Arista Networks, Inc. logo
Arista Networks, Inc.ANET
$996.7M
16.6%
19.3%
16.6%
Pure Storage, Inc. logo
Pure Storage, Inc.PSTG
$786.4M
6.7%
10.6%
12.6%
Seagate Technology Holdings plc logo
Seagate Technology Holdings plcSTX
$687.0M
(1.2%)
(9.3%)
(6.9%)
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
$533.5M
39.6%
29.2%
22.2%
Logitech International S.A. logo
Logitech International S.A.LOGI
$288.4M
2.1%
0.7%
11.2%
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
$45.7M
(18.3%)
54.2%
N/A

IONQ key stats

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Revenue
% growth
0.2
0.0%
0.0
(100.0%)
2.1
0.0%
11.1
430.3%
22.0
98.0%
0.0
0.0%
Cost of Goods Sold (COGS)0.10.11.02.98.10.0
Gross Profit
% margin
0.1
56.0%
(0.1)
0.0%
1.1
50.5%
8.2
73.6%
13.9
63.2%
0.0
0.0%
Operating Expenses9.015.639.793.9171.70.0
Research & Development Expenses (R&D)6.910.220.244.092.30.0
Selling, General & Administrative Expenses (SG&A)2.24.017.044.469.00.0
Operating Income
% margin
(9.3)
(4,627.5%)
(15.7)
0.0%
(38.7)
(1,843.1%)
(85.7)
(770.3%)
(157.8)
(715.7%)
0.0
0.0%
Interest Income0.00.00.17.119.30.0
Interest Expense0.00.00.00.00.00.0
Pre-tax Income(8.9)(15.4)(106.2)(48.5)(157.7)0.0
Income Tax
% effective tax rate
0.0
(0.1%)
1.2
(7.7%)
67.5
(63.6%)
(37.2)
76.7%
0.0
(0.0%)
0.0
0.0%
Net Income
% margin
(8.9)
(4,467.5%)
(15.4)
0.0%
(106.2)
(5,058.9%)
(48.5)
(435.8%)
(157.8)
(715.8%)
0.0
0.0%
EPS(2.24)(0.13)(0.55)(0.25)(0.78)N/A
Diluted EPS(2.24)(0.13)(0.55)(0.25)(0.78)N/A
EBITDA
% margin
(8.9)
(4,426.0%)
(14.3)
0.0%
(36.1)
(1,721.7%)
(80.1)
(720.0%)
(147.4)
(668.6%)
0.0
0.0%

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FAQ

1) What is IonQ, Inc.'s Research & Development Expenses (R&D)?

As of today, IonQ, Inc.'s last 12-month Research & Development Expenses (R&D) is $136.8M, based on the financial report for Dec 31, 2024 (Q4’2024).

2) What is IonQ, Inc.'s Research & Development Expenses (R&D) growth rate?

Over the last year, IonQ, Inc.'s Research & Development Expenses (R&D) growth was 48.2%. The average annual Research & Development Expenses (R&D) growth rates for IonQ, Inc. have been 113.9% over the past three years, 120.2% over the past five years.

3) Is IonQ, Inc.'s Research & Development Expenses (R&D) growth rate Good?

Over the last year, IonQ, Inc.'s Research & Development Expenses (R&D) growth was 48.2%, which is higher than industry growth of (0.3%). It indicates that IonQ, Inc.'s Research & Development Expenses (R&D) growth is Bad.

4) How does IonQ, Inc.'s Research & Development Expenses (R&D) growth rate compare to its peers?

Over the last year, IonQ, Inc.'s Research & Development Expenses (R&D) growth was 48.2%, which is higher than peer median growth of 12.0%. The list of peers includes DELL, WDC, HPQ, NTAP, ANET, PSTG, STX, SMCI, LOGI, RGTI etc.