IonQ, Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: IonQ delivered explosive Q1 FY2026 revenue growth of +754.7% YoY to $64.7M, while reporting a remarkable $805.4M net income driven by non-operating gains, even as operating losses deepened to -$271.5M amid surging R&D investment.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew from $7.6M to $64.7M YoY (+754.7%), signaling a dramatic acceleration in customer adoption of IonQ's quantum computing services and solutions. This growth reflects expanding commercial contracts and government partnerships.
Operating loss widened from -$75.7M to -$271.5M YoY (-258.8%), driven primarily by R&D expenses surging +214.7% to $125.7M. The company is aggressively investing in next-generation quantum hardware and software capabilities.
Net income reached $805.4M compared to a loss of -$32.3M in the prior year period, implying approximately $1.08B in non-operating gains (likely from fair value changes in warrants, convertible notes, or investment securities) that more than offset the operating loss.
Revenue
$64.67M
++754.72% YoY
EPS (Basic)
$2.19
++1664.29% YoY
Operating Income
$-271.51M
-258.76% YoY
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