IonQ reports FY2022 revenue of $11.1M, beat guidance; net loss narrows to $48.5M

IonQ, Inc.

Full year 2022 revenue $11.1M, beating high end of guidance; Q4 revenue $3.8M (up 138% YoY).
Full year bookings $24.5M; cash and investments $537.8M as of Dec 31, 2022.
Net loss for FY2022 $48.5M vs $106.2M in 2021; Q4 net loss $18.6M vs $74.1M.
Adjusted EBITDA loss widened to ($48.7M) for FY2022 vs ($28.4M) in 2021.
Achieved #AQ 25 early; targeting #AQ 29 in 2023; management confident in cash to reach profitability.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

IonQ, Inc. reported the fourth quarter and full year ended December 31, 2022 results: revenue $11.1 million, net income net loss was $48.5 million for the full year 2022.

Period: the fourth quarter and full year ended December 31, 2022
Revenue: $11.1 million
Net income: net loss was $48.5 million for the full year 2022
Result: reported results

Exact text from the filing

filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 IonQ Announces Fourth Quarter and Full Year 2022 Financial Results and Provides Business Update Full Year Results of $11.1 Million in Revenue and $24.5 Million in Bookings Fourth Quarter Result of $3.8 Million in Revenue Meeting and Exceeding Both Technical and Commercial Milestones College Park, MD - IonQ

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

IonQ, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-085543

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.