IonQ

IonQ reported Q1 2026 GAAP revenue of $64.7 million, up 755% year-over-year, beating guidance midpoint by 30%. The company posted GAAP net income of $805.4 million and diluted EPS of $2.07, driven largely by a $1.058 billion gain on warrant fair-value changes. Operationally, adjusted EBITDA loss was ($96.8) million (or ($85.0) million excluding SkyWater R&D spending). Commercial revenue represented 60% of total, with 35% from international and 35% from multi-product customers. Key highlights included sale of the company's first 256-qubit sixth-generation system to Cambridge, DARPA HARQ program selection, and expansion of quantum networking deployments. Remaining performance obligations surged 554% year-over-year to $470 million. IonQ raised full-year 2026 revenue guidance to $260–$270 million and expects 100%+ organic growth. Q2 2026 guidance: $65–$68 million revenue.

AI bull / bear analysis hasn’t been generated for this company yet. Cases refresh quarterly using the latest classified articles and funding history.

No articles ingested yet for IonQ. Once the hourly news pipeline is live, every article the classifier tags as mentioning this company appears here with its one-line AI summary and sentiment.