Q2 26 EPS Adjusted
$-0.33
BEAT +44.88%
Est. $-0.60
Q2 26 Revenue
$80.1M
BEAT +20.52%
Est. $66.4M
vs S&P Since Q2 26
+4.6%
BEATING MARKET
IONQ +5.2% vs S&P +0.6%
Market Reaction
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 consensu… Read more 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
IONQ 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, source: SEC Filings
“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.”
— Niccolo de Masi, Q2 2026 Earnings Press Release
IONQ Earnings Trends
IONQ vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
IONQ EPS Trend
Earnings per share: estimate vs actual
IONQ Revenue Trend
Quarterly revenue: estimate vs actual
IONQ Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $-0.60 | $-0.33 | +44.88% | $80.1M | +20.52% |
| Q1 26 BEAT | $-0.52 | $-0.34 | +34.48% | $64.7M | +30.03% |
| Q4 25 BEAT FY | $-0.50 | $-0.20 | +59.73% | $61.9M | +53.47% |
| FY Full Year | $-5.15 | $-0.60 | +88.34% | $130.0M | +19.96% |
| Q3 25 BEAT | $-0.44 | $-0.17 | +61.36% | $39.9M | +47.73% |
| Q2 25 MISS | $-0.14 | $-0.70 | -400.00% | $20.7M | +20.12% |
| Q1 25 BEAT | $-0.15 | $-0.14 | +3.45% | $7.6M | +0.76% |