IonQ posts record 3Q26 revenue of $173.8M, up 336%, raises FY2026 guide to $505-$515M; closes Elisity deal

IonQ, Inc.

• 3Q26 GAAP revenue $173.8M, up 336% YoY, sixth consecutive record quarter; IonQ Platform revenue $90.3M (+127%) and SkyWater Foundry $83.5M.
• FY2026 revenue guidance raised to $505-$515M, with 110% YoY growth expected in quantum computing; GAAP and adjusted EPS both exceeded consensus estimates.
• Completed Elisity acquisition Nov. 3: issued 32,233,274 shares at closing, plus up to 4,265,934 earn-out shares tied to revenue metrics through January 2028.
• Press release values closing consideration at $1.15B, with up to $150M additional earn-out; Elisity has 100+ enterprise deployments and will keep its CEO James Winebrenner.
• Cash, equivalents and investments $3.7B as of Sept. 30 pro forma for Oct. 16 equity offering; DARPA Quantum Benchmarking Stage C potential value up to $300M.