Intel revenue hits $16.1 billion in Q2 2026 while IonQ posts 755% year-over-year growth

Earnings
โดย The Motley Fool·Read original
Summary · why it matters

Intel reported $16.1 billion in revenue for the second quarter of 2026, a 25% year-over-year increase, while IonQ's first-quarter revenue of $64.7 million represented a 755% year-over-year surge. Intel, which designs, manufactures, and sells computing processors, has seen its sales accelerate under CEO Lip-Bu Tan, including a multi-year foundry collaboration with Alphabet. IonQ, which develops general-purpose quantum computing systems, is experiencing rapid adoption of its technology, recently launching a citywide quantum computing network in Geneva. Despite the massive revenue gap, IonQ's consistent sequential growth is narrowing the distance, with its quarterly revenue rising from $12.4 million in Q3 2024 to $64.7 million in Q1 2026. Intel's Q2 2026 net income margin was approximately negative 68%, while IonQ's EBIT margin for the quarter ended March 31, 2026, was approximately negative 420%.

Impact on stocks 3

Semiconductors▲ · 1 stocks
Intel Corporation
INTC
▲ PositiveDemandrelevance

Intel reported $16.1B revenue, up 25% YoY, driven by foundry collaboration with Alphabet and CEO's strategy.

Quantum Computing▲ · 1 stocks
IONQ Inc
IONQ
▲ PositiveDemandrelevance

IonQ posted $64.7M revenue, up 755% YoY, with rapid adoption and a citywide quantum network launch in Geneva.

Artificial Intelligence▲ · 1 stocks
Alphabet Inc Class C
GOOG
▲ PositiveDemandrelevance

Intel's multi-year foundry collaboration with Alphabet is mentioned, indicating demand for Intel's manufacturing services.

Theme Impact 5

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