earnings
confidence high
sentiment positive
materiality 0.85
IonQ Q2 revenue $80.1M (+287% YoY); raises FY guidance to $280-290M; net loss $1.87B
IonQ, Inc.
- Record Q2 revenue $80.1M, up 287% YoY, exceeding guidance midpoint by 20%.
- GAAP net loss ($1,867.7M) or ($5.08) per share; adjusted EBITDA loss ($120.3M) and adjusted EPS ($0.33).
- Raises full-year 2026 revenue guidance to $280-290M; reaffirms 100% organic growth target.
- Cash and investments $3.0B; pro-forma after SkyWater acquisition $2.0B.
- International, commercial, and multi-product revenue comprised ~50%, 60%, and 25% of Q2 revenue.