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Latest period

$23.57M

YoY change

-30.3%

5Y CAGR

+7.1%

Peak year (2024)

$23.57M

CapEx history chart for IonQ (IONQ) from 2019 to 2025

Latest: $16.42M

CapEx growth chart for IonQ (IONQ) from 2019 to 2025

Latest: -30.3%

CapEx history table for IonQ (IONQ) from 2019 to 2025

  • 2025$16.42M-30.3%
  • 2024$23.57M+20.6%
  • 2023$19.55M+55.6%
  • 2022$12.56M+25.3%
  • 2021$10.02M-14.1%
  • 2020$11.68M+382.9%
  • 2019$2.42M

CapEx values are taken from IonQ's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at IonQ (IONQ)

According to IonQ's latest reported financial statements, the company's current CapEx (TTM) is $23.57M. 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 .

As of the 2025 fiscal year, IonQ (IONQ) reported CapEx of $16.42M – plunged 30.3% year-over-year.

Over 2020–2025 (5 years), IonQ CapEx expanded at a +7.1% compound annual rate, with mixed annual results across the window.

IonQ CapEx 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 CapEx, posted in 2024, against a low of $2.42M during 2019.

IonQ Capital Expenditures by Year

IonQ Capital Expenditures 2025: $16.42M

In 2025, IonQ reported CapEx of $16.42M, plunged 30.3% below 2024.

IonQ Capital Expenditures 2024: $23.57M

IonQ CapEx 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

2023's CapEx for IonQ came in at $19.55M, surged 55.6% from 2022.

IonQ Capital Expenditures 2022: $12.56M

IonQ posted CapEx of $12.56M in 2022, grew 25.3% from 2021.

IonQ Capital Expenditures 2021: $10.02M

IonQ CapEx in 2021 was $10.02M.

See more financial history for IonQ (IONQ).

Sector peers by CapEx

Technology peers of IonQ (IONQ), ranked by their latest CapEx

Frequently asked questions