Overview
Quantum platform firm's Q4 revenue grew, beating analyst expectations
Net income beat expectations on gains on fair value of warrant liabilities
Company announced agreement to acquire SkyWater Technology
Outlook
IonQ expects 2026 revenue between $225 mln and $245 mln
Company anticipates Q1 2026 revenue between $48 mln and $51 mln
IonQ forecasts 2026 adjusted EBITDA loss of ($330) mln to ($310) mln
Result Drivers
ORGANIC GROWTH - IonQ reported 202% year-over-year FY revenue growth, driven by strong organic growth and commercial traction
STRATEGIC PARTNERSHIPS - Expanded agreement with QuantumBasel and sold system to KISTI, enhancing global reach and positioning in quantum computing
Company press release: ID:nBw3LSy6Na
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $61.89 mln | $40.39 mln (11 Analysts) |
Q4 Net Income | Beat | $753.27 mln | -$122.56 mln (8 Analysts) |
Q4 Operating Income | -$228.63 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the computer hardware peer group is "buy"
Wall Street's median 12-month price target for IONQ Inc is $71.00, about 124.5% above its February 24 closing price of $31.62
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)