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NYSE: IONQ IonQ, Inc. 8-K

IonQ reports Q2 revenue of $80.1M (up 287% YoY), raises 2026 guidance to $280-290M

Filed August 5, 2026 · Period ending August 5, 2026 · ~1 min read

5 key changes 3 high relevance

Key Changes

  • high

    Q2 2026 revenue of $80.1M beat guidance midpoint by 20%, up 287% year-over-year from $20.7M, driven by IonQ Tempo deployments and cloud utilization across the quantum platform.

    Exhibit 99.1 view on EDGAR →
  • high

    Full-year 2026 revenue guidance raised to $280-290M, maintaining 100% organic growth forecast; remaining performance obligations grew 297% year-over-year.

    Exhibit 99.1 view on EDGAR →
  • high

    Closed SkyWater Technology acquisition on July 31, 2026, creating a vertically integrated quantum platform; pro-forma cash of $2.0B, down from $3.0B pre-acquisition.

    Exhibit 99.1 view on EDGAR →
  • medium

    Q2 net loss of $1.87B and GAAP EPS of negative $5.08, driven by $1.65B loss on warrant liability fair value changes; Adjusted EBITDA loss of $120.3M (or $95.6M excluding SkyWater spend).

    Exhibit 99.1 view on EDGAR →
  • medium

    Revenue mix shows ~50% international, ~60% commercial, and ~25% multi-product, demonstrating diversification beyond single-product or government-only revenue streams.

    Exhibit 99.1 view on EDGAR →

Summary

IonQ reported second quarter 2026 revenue of $80.1 million, a 287% increase from the prior year and 20% above the midpoint of its guidance. The company raised full-year 2026 revenue expectations to $280-290 million while maintaining its 100% organic growth forecast, supported by a 297% year-over-year increase in remaining performance obligations.

The quarter's results reflect broad-based momentum across IonQ Tempo quantum computer deployments, cloud utilization, and a diversified customer base spanning international markets, commercial customers, and multi-product offerings. The company closed its acquisition of SkyWater Technology on July 31, 2026, positioning itself as the first vertically integrated quantum platform provider.

Pro-forma cash stands at $2.0 billion after the transaction, down from $3.0 billion pre-acquisition. The reported Q2 financials do not include SkyWater's contribution. IonQ's Q2 net loss of $1.87 billion was driven primarily by a $1.65 billion non-cash loss on warrant liability fair value changes; on an adjusted basis, EBITDA loss was $120.3 million, or $95.6 million excluding SkyWater-related spend during the quarter. The raised guidance and strong bookings growth signal confidence in the company's commercial trajectory as it integrates the SkyWater acquisition.

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View original filing on SEC.gov Press release (Ex 99.1) on EDGAR ↗

Figures/quotes linked to EDGAR · Narrative written by AI · Aug 6, 2026 · How we verify