---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055629"
form_type: "8-K"
ticker: "IONQ"
cik: "0001824920"
company_name: "IonQ, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:47:22.928118+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IonQ Q1 revenue $7.6M beats guidance, up 77% YoY; raises 2024 bookings guidance to $75-95M

## Summary
- Revenue $7.6M beats $6.5-7.5M guidance; 77% YoY growth from $4.3M.
- Net loss $39.6M; Adjusted EBITDA loss $27.0M. Cash $434.4M at quarter end.
- Q1 bookings $0.3M; full-year bookings guidance raised to $75-95M; sales pipeline expanding.
- Hired Stacey Giamalis as CLO and Dr. Martin Roetteler as Head of Quantum Applications.
- Oak Ridge National Labs uses IonQ for U.S. national power grid energy optimization research.

## SEC filing metadata
- accession: 0000950170-24-055629
- form_type: 8-K
- ticker: IONQ
- cik: 0001824920
- company_name: IonQ, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824920/000095017024055629/0000950170-24-055629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824920/000095017024055629/ionq-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055629
- JSON: https://secwatch.observer/filing/0000950170-24-055629.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055629.txt

## Key facts
- Earnings Releases
  IonQ, Inc. reported the first quarter ended March 31, 2024 results: revenue $7.6 million, net income Net loss was $39.6 million. Guidance raised.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $7.6 million
  - Net income: Net loss was $39.6 million
  - Guidance: raised
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 IonQ Announces First Quarter 2024 Financial Results First Quarter Results of $7.6 Million in Revenue, Exceeding High End of Guidance Range, Representing 77% Year-Over-Year Growth Sales Pipeline Expanding in Deal Size and Volume with Improving Visibility Bookings
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824920/000095017024055629/0000950170-24-055629-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.