IonQ Q3 Revenue Tops Estimates as Company Raises Full-Year Outlook Again

At a glance

Quantum computing company IonQ posted third-quarter revenue above market expectations. Two months of sales from its acquired chipmaker SkyWater were included. The company also raised its revenue forecast for the year.

Key points

1. 1

   Third-quarter revenue reached $174 million, up 336% from a year earlier.

2. 2

   Two months of SkyWater sales, totaling $83.5 million, were included.

3. 3

   The operating loss was $433 million, wider than expected due to acquisition costs and asset depreciation.

4. 4

   The 2026 revenue forecast was raised to $505 million to $515 million.

Why it matters

The results show whether a quantum computing company is growing real sales and contracts. Its losses, however, are still widening.