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IonQ (IONQ)
NYSE:IONQ
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.48Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive commercial and technical momentum: record and rapidly growing revenues, a large RPO backlog, substantial cash reserves, leading technical metrics (99.99% two‑qubit fidelity) and major strategic moves (SkyWater intent, expanded partnerships and customer wins). Offsetting this is meaningful near-term operating loss driven by heavy R&D investment, large adjusted EBITDA deficits expected in 2026, GAAP volatility from warrant accounting, regulatory uncertainty around SkyWater and some execution/capacity challenges. On balance the company presented convincing growth, product and financial resources to scale, while acknowledging predictable execution and integration risks tied to rapid expansion and M&A.Company Guidance
Record Revenue Performance
Q4 2025 revenue of $61.9M (grew 429% year-over-year) and full year 2025 revenue of $130M (202% year-over-year growth). Q4 exceeded the midpoint of guidance by 55% and full year exceeded midpoint by 20%.
Strong Backlog and Revenue Visibility (RPO)
Remaining performance obligations (RPO) increased to $370M at year-end 2025 from $77M at year-end 2024 — an almost fivefold increase, providing multi-quarter revenue visibility.
Commercial and International Traction
Commercial customers accounted for >60% of 2025 revenue; international sales comprised more than 30% of revenue for the first time, showing successful globalization and market expansion.
Robust Balance Sheet and Liquidity
Cash, cash equivalents and investments of $3.3B as of December 31, 2025, providing significant financial firepower for R&D, go-to-market and M&A.
Ambitious 2026 Revenue Guidance
Full-year 2026 revenue guidance of $225M–$245M (midpoint $235M) and Q1 2026 guidance of $48M–$51M, reflecting confidence in continued strong growth.
Industry-Leading Technical Performance
Reported 99.99% two-qubit gate fidelity and demonstrated time-to-solution advantages: up to 1,000x faster for certain algorithms and up to 10,000x faster for signal processing/optimization vs leading superconducting systems.
Product Roadmap and Engineering Progress
Roadmap targeting semiconductor-based scaling (256-qubit system milestone). Tape-outs A, B and C for the 256 system completed; D in progress — enabling roadmap from 256 toward much larger systems.
Strategic M&A and Industry Leadership
Announced intent to acquire SkyWater (described as largest acquisition in quantum history) to onshore manufacturing and become a leading merchant supplier; reported acquisition of Seed Innovations to bolster classified software/mission control capabilities.
Commercial Wins and Partnerships
Notable commercial/customer wins and partnerships including QuantumBasel (expanded to >$60M over 4 years), KISTI (South Korea), city/national quantum networks in Geneva, Slovakia and Romania, collaborations with Ansys, Synopsys and CCRM, and defense contracts with U.S. Navy/Army/DARPA.
Expanded Leadership and Talent
Top-level hires and appointments to bolster government/commercial engagement and execution (Katie Arrington, Gen. John Raymond, Rick Muller, Dean Da Costa, Scott Millard, Chad Sakac) and cited headcount of ~1,500 professionals.
IONQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IONQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $33.59 | $40.88 | +21.70% |
Oct 14, 2025 | $77.55 | $72.41 | -6.63% |
Aug 06, 2025 | $41.23 | $40.49 | -1.79% |
May 07, 2025 | $29.14 | $31.84 | +9.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does IonQ (IONQ) report earnings?
IonQ (IONQ) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is IonQ (IONQ) earnings time?
IonQ (IONQ) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IONQ EPS forecast?
IONQ EPS forecast for the fiscal quarter 2026 (Q1) is -0.48.
