Companies

IonQ Inc

NYSE: IONQ
$42.66
â–² $2.63 (+6.56%) today
Markets open · 1:28pm ET

Q2 2026 Earnings

Reported Aug 5, 2026, 4:05pm ET · SEC source
$-0.33
Beat +44.88%
EPS · est. $-0.60 Adjusted
$80.1M
Beat +20.52%
Revenue · est. $66.4M
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−4%0+4%Aug 5Aug 6report 4:05pm ETearnings−0.2%−4.8%
−4%0+4%Aug 5Aug 6earnings−0.2%−4.8%
IONQ −4.8%S&P 500 −0.2%
−4%0+4%Aug 5Aug 6report 4:05pm ETearnings+0.1%−4.8%
−4%0+4%Aug 5Aug 6earnings+0.1%−4.8%
IONQ −4.8%NASDAQ +0.1%
0+6%+12%Aug 4Aug 13report 4:05pm ETearnings+0.9%+10.0%
0+6%+12%Aug 4Aug 13earnings+0.9%+10.0%
IONQ +10.0%S&P 500 +0.9%
0+6%+12%Aug 4Aug 13report 4:05pm ETearnings+2.2%+10.0%
0+6%+12%Aug 4Aug 13earnings+2.2%+10.0%
IONQ +10.0%NASDAQ +2.2%
−0.53%
Day of report
+11.86%
Next session
+13.24%
One week

Did IONQ Beat Earnings? Q2 2026 Results

IonQ delivered a standout second quarter for fiscal 2026, posting revenue of $80.05 million, a 286.8% year-over-year surge that cleared the $66.42 million consensus estimate by 20.52%, while an adjusted loss of $0.33 per share beat the $0.60 consensus by 44.88%. The quarter's momentum was driven primarily by global deployments of IonQ Tempo quantum computers, broad cloud utilization gains, and a growing mix of international and commercial customers, with roughly half of revenue now originating outside the United States. Strategically, the period was punctuated by the post-quarter close of the SkyWater Technology acquisition, creating a vertically integrated quantum platform whose contributions are not yet reflected in results or guidance. Despite a widened GAAP net loss weighed down by warrant liability fair-value adjustments, the underlying business trajectory prompted management to raise full-year 2026 revenue guidance to $280 million to $290 million, reaffirming expectations for 100% organic year-over-year growth, supported by remaining performance obligations that grew 297% year-over-year.

Key Takeaways
  • Global deployments of IonQ Tempo quantum computers
  • Strong cloud utilization
  • Broad-based commercial momentum across the quantum platform
  • Revenue diversification: ~50% international, ~60% commercial, ~25% multi-product

“I am pleased to report that IonQ delivered its fifth consecutive quarter of record results and the strongest quarter in our company's history. Second quarter revenue of $80.1 million again exceeded our guidance, reflecting continued customer demand across our expanding quantum platform.”

IonQ CEO, on the earnings call

Forward Guidance & Outlook

IonQ raised its full-year 2026 revenue guidance to between $280 million and $290 million, up from prior levels. The company continues to expect strong organic revenue growth of 100% year-over-year for full year 2026. This financial outlook does not reflect any contribution from the SkyWater acquisition, which closed on July 31, 2026. Remaining performance obligations grew 297% year-over-year, supporting backlog visibility.

IONQ YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$30.0M$60.0M$20.7M$80.1MRevenue
$0$30.0M$60.0MRevenue

Figures from SEC filings and company reports. Not investment advice.