Capital Expenditures for IonQ (IONQ)
According to IonQ's latest reported financial statements, the company's current capital expenditures (TTM) is $23.57M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IONQ
Currently viewingCapital ExpendituresSwitch metric
Latest period
$23.57M
YoY change
-30.3%
5Y CAGR
+7.1%
Peak year (2024)
$23.57M
Cumulative capital expenditures
$96.22M
CapEx history chart for IonQ (IONQ) from 2019 to 2025
CapEx history table for IonQ (IONQ) from 2019 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $16.42M | -30.3% | -$7.15M | ||
| 2024 | $23.57M | +20.6% | +$4.02M | ||
| 2023 | $19.55M | +55.6% | +$6.99M | ||
| 2022 | $12.56M | +25.3% | +$2.54M | ||
| 2021 | $10.02M | -14.1% | -$1.65M | ||
| 2020 | $11.68M | +382.9% | +$9.26M | ||
| 2019 | $2.42M | — | — |
CapEx values are taken from IonQ's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, IonQ (IONQ) reported capital expenditures of $16.42M – plunged 30.3% year-over-year.
Over 2020–2025 (5 years), IonQ capital expenditures expanded at a +7.1% compound annual rate, with the latest reading among the more recent periods of the dataset.
IonQ capital expenditures peaked at $23.57M in 2024; the latest annual figure is $16.42M in 2025 (30.3% below peak).
$23.57M stands as the all-time-high annual capital expenditures, posted in 2024, against a low of $2.42M during 2019.
Within Technology, IonQ (IONQ) ranks 9th among 8 peers we track. The peer median for capital expenditures is $9.38B.
IonQ Capital Expenditures by Year
IonQ Capital Expenditures 2025: $16.42M
IonQ capital expenditures in 2025 was $16.42M, plunged 30.3% below 2024.
IonQ Capital Expenditures 2024: $23.57M
IonQ capital expenditures in 2024 was $23.57M, grew 20.6% from 2023. This figure represents the highest annual value in the available history.
IonQ Capital Expenditures 2023: $19.55M
IonQ capital expenditures in 2023 was $19.55M, surged 55.6% from 2022.
IonQ Capital Expenditures 2022: $12.56M
IonQ capital expenditures in 2022 was $12.56M, grew 25.3% from 2021.
IonQ Capital Expenditures 2021: $10.02M
IonQ capital expenditures in 2021 was $10.02M.
See more financial history for IonQ (IONQ).
Sector peers — CapEx
Companies in the same sector as IonQ, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| TSMC (TSM) | $1.29T | Technology |
| Microsoft (MSFT) | $64.55B | Technology |
| Micron Technology (MU) | $15.86B | Technology |
| Apple (AAPL) | $12.71B | Technology |
| NVIDIA (NVDA) | $6.04B | Technology |
| ASML (ASML) | $1.51B | Technology |
| AMD (AMD) | $974.00M | Technology |
| Broadcom (AVGO) | $623.00M | Technology |
Frequently asked questions
What is IonQ's capital expenditures?
Latest reported capital expenditures for IonQ (IONQ) is $23.57M (period ending March 31, 2026).
How has IonQ capital expenditures changed year-over-year?
IonQ (IONQ) capital expenditures changed -30.3% year-over-year on the latest annual filing.
What is the long-term growth rate of IonQ capital expenditures?
IonQ (IONQ) capital expenditures compound annual growth rate is +7.1% over the most recent 5 years available.
When did IonQ capital expenditures hit its highest annual value?
IonQ capital expenditures reached its highest annual value of $23.57M in 2024.
What was IonQ capital expenditures in 2024?
IonQ (IONQ) capital expenditures in 2024 was $23.57M.
What was IonQ capital expenditures in 2025?
IonQ (IONQ) capital expenditures in 2025 was $16.42M.
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