IonQ Reports Record Q2 2026 Revenue and Raises Outlook

College Park, Maryland - IonQ (NYSE: IONQ), a leading provider of full-stack quantum computing platforms, today announced its financial results for the second quarter of 2026, ending June 30, 2026. The company reported record GAAP revenues of $80.1 million, marking a 287% year-over-year increase. This growth was driven by widespread deployments of its quantum computer platform across international and commercial markets.

The company also confirmed the successful acquisition of SkyWater Technology, a strategic move aimed at establishing a vertically integrated, full-stack quantum platform. Due to strong momentum and increased remaining performance obligations, which grew by 297% year-over-year, IonQ has raised its full-year 2026 revenue guidance to a range of $280 million to $290 million.

Financial Highlights

• Reported record Q2 2026 revenue of $80.1 million, reflecting 287% year-over-year growth.
• Raised full-year 2026 revenue guidance to between $280 million and $290 million.
• Cash, cash equivalents, and investments totaled $3.0 billion, with $2.0 billion on a pro-forma basis following the SkyWater acquisition.
• Net loss for the quarter was $1,867.7 million, with an Adjusted EBITDA loss of $120.3 million.
• Commercial, international, and multi-product segments represented approximately 60%, 50%, and 25% of total revenue, respectively.

Business and Strategic Updates

• Closed the acquisition of SkyWater Technology to enhance domestic quantum manufacturing capabilities.
• Expanded the quantum security portfolio with the launch of ClavisXG Multiplex.
• Signed new Memorandums of Understanding with Anduril and Sandia National Laboratories to further national security and defense applications.
• Launched commercial Interferometric Synthetic Aperture Radar (InSAR) capabilities.