IonQ Inc (NYSE:IONQ) reported financial results for the second quarter of 2026 after the market close on Wednesday. Here’s a rundown of the quantum company’s report.
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IonQ Key Q2 Details
IonQ turned in second-quarter revenue of $80.05 million, beating analyst estimates of $49.74 million. The quantum computing company posted a second-quarter adjusted loss of 33 cents per share, beating estimates for a loss of 35 cents per share, according to Benzinga Pro.
Total revenue was up 287% on a year-over-year basis, driven by global deployments of IonQ Tempo quantum computers, strong cloud utilization and broad-based commercial momentum across the company’s quantum platform.
IonQ exited the quarter with approximately $3 billion in cash, cash equivalents and investments. The company noted that its cash position decreased to $2 billion after completing the SkyWater acquisition last month.
“I am pleased to report that IonQ delivered its fifth consecutive quarter of record results and the strongest quarter in our company’s history,” said Niccolo de Masi, CEO of IonQ.
“We enter the second half of the year confident in IonQ’s ability to execute our quantum platform roadmap, translate our technology leadership into durable commercial growth, and create long-term value for shareholders.”
IonQ raised its full-year 2026 revenue outlook from a range of $260 million to $270 million to a new range of $280 million to $290 million, versus estimates of $235.71 million.
IonQ’s management team will discuss the company’s quarterly results on an earnings call at 4:30 p.m. ET.
IONQ Shares Climb After The Bell
IonQ shares were up 0.93% after-hours on Wednesday, trading at $40.30 at the time of publication, according to Benzinga Pro.
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Image: courtesy of IonQ.