IonQ (IONQ) is a publicly traded Trapped-Ion Qubits company founded in 2015 and based in College Park, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Oct 1, 2021 | IPO | $650M | $2B | — |
IonQ reported Q2 2026 GAAP revenue of $80.1 million, up 287% year-over-year, beating guidance by 20%. The company posted record quantum computer deployments across its platform, with 50% international, 60% commercial, and 25% multi-product revenue mix. IonQ closed the SkyWater Technology acquisition on July 31, 2026 (after quarter-end). GAAP net loss was $1.87 billion (EPS: –$5.08), driven primarily by a $1.65 billion warrant liability fair-value loss. Adjusted EBITDA loss was $120.3 million (–$0.33 adjusted EPS), excluding $24.7M in SkyWater-related R&D. Cash and investments totaled $3.0 billion at quarter-end; pro-forma for SkyWater acquisition, $2.0 billion. Remaining Performance Obligations grew 297% YoY. The company raised full-year 2026 revenue guidance to $280–$290 million and reiterated confidence in 100% organic YoY growth for FY2026.
Full-year 2026 revenue $280–$290 million; 100% organic YoY growth expected

IonQ wins $7.5M Phase 2 AFRL follow-on funding to upgrade its quantum network in Rome, New York.
IonQ and EPB collaborate on using quantum computing to optimize power grid operations.

IonQ schedules its earnings results release for November 5.
IonQ Expands AFRL Quantum Network With New Award
IonQ Secures $7.5M in AFRL Funding to Expand Quantum Networking Capabilities
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IonQ wins a $7.5M Air Force Research Laboratory award to expand its quantum network.
IonQ's flagship commercial trapped-ion quantum computer with #AQ 36 performance, now globally available via Amazon Braket and IonQ Quantum Cloud. Delivers industry-leading two-qubit gate fidelities using individually addressed laser pulses on ytterbium ions held in a linear trap. Targeted at enterprise customers in pharma, finance, and government needing reproducible, low-noise quantum circuits at production scale. Forms the basis for IonQ's data center deployments with the U.S. Air Force and commercial partners.
25-algorithmic-qubit (#AQ 25) trapped-ion quantum computer offering higher qubit count and best-in-class gate fidelities for exploring larger and more complex quantum algorithms. Available via AWS, Azure, and Google Cloud. Widely used in academic and commercial research for variational quantum eigensolver, quantum machine learning, and optimization workloads. Provided the hardware foundation for IonQ's published demonstrations with partners Hyundai, Airbus, and Goldman Sachs.
Next-generation trapped-ion system on which IonQ achieved a record #AQ 64 algorithmic qubit score in 2025, three months ahead of the company's published roadmap. Represents IonQ's path toward the 1,024-qubit target by 2028. Currently in limited access, it establishes the hardware baseline for IonQ's enterprise and government quantum computing contracts under the expanded AFRL and commercial partnerships announced in 2025.