IonQ beats Q4 revenue by 55% above midpoint; full-year revenue $130M, up 202% YoY

IonQ, Inc.

2025-FY EPS reported -$1.82 revenue$130,016,000

Q4 revenue $61.9M (429% YoY growth), full-year $130.0M (202% YoY), beating guidance midpoints by 55% and 20% respectively.
Net income Q4 $753.7M ($2.13 GAAP EPS); full-year net loss $510.4M ($1.82 GAAP EPS); adjusted EPS loss $0.20 Q4, $0.60 FY.
Cash, cash equivalents, and investments $3.3B at Dec 31, 2025.
Provides 2026 revenue guidance midpoint of $235M; over 60% of 2025 revenue from commercial customers, 30% international.
Announced agreement to acquire SkyWater Technology to create a U.S. quantum merchant foundry.

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