IonQ Q2 FY26: Revenue +287% to $80M, but net loss widens 956% to $1.87B on non-operating drags

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Net loss widened 956% to $1.87B while operating loss widened only 110% to $337M — the $1.5B net below-the-line swing came from non-operating/other items (-$1.5B), income tax (-$9.2M), and noncontrolling interest (+$166K), not from operations.

  Notes: Operating loss expansion view on EDGAR →
• high

  Revenue surged 287% to $80M, but operating loss widened 110% to $337M as R&D spending doubled and stock-based comp tripled to $132M in H1 FY26, driven by acquisition-related equity conversions and headcount growth.

  Notes: Operating loss expansion view on EDGAR →
• high

  Stock-based comp expense jumped 208% in H1 FY26, including from acquisition-related equity conversions (Lightsynq options and restricted stock). Unrecognized expense totaled as of June 30, 2025.

  Notes: Stock-based compensation surge view on EDGAR →