secwatch.observer — SEC 8-K summary
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Issuer:     IonQ, Inc. (IONQ)
CIK:        0001824920
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001193125-26-071520
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824920/000119312526071520/0001193125-26-071520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824920/000119312526071520/ionq-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-071520

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer