IonQ (NYSE:IONQ) reported its second-quarter 2026 results after the market close on Wednesday, and the numbers were good. The quantum computing company posted revenue of $80.05 million, blowing past analyst estimates of $49.74 million. Adjusted loss came in at 33 cents per share, also better than the expected 35-cent loss.
Revenue jumped 287% year-over-year, thanks to global deployments of IonQ Tempo quantum computers, strong cloud utilization, and broad commercial momentum across the company's quantum platform.
IonQ ended the quarter with roughly $3 billion in cash, cash equivalents, and investments. But after completing the SkyWater acquisition last month, that cash position dropped to $2 billion.
CEO Niccolo de Masi was upbeat: "I am pleased to report that IonQ delivered its fifth consecutive quarter of record results and the strongest quarter in our company's history." He added, "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."
Looking ahead, IonQ raised its full-year 2026 revenue outlook from $260-$270 million to a new range of $280-$290 million, versus the $235.71 million analysts were expecting.
Management will discuss the results on an earnings call at 4:30 p.m. ET.
Investors seemed pleased. IonQ shares were up 0.93% in after-hours trading, sitting at $40.30 at the time of publication.
Image: courtesy of IonQ.
