IONQ IncQ2 sales jumped 287% to $80.1M and full-year revenue guidance was raised 60% to ~$455M, though EBITDA losses widened sharply.
IonQ reported second-quarter 2026 sales of $80.1 million, up 287% from a year earlier, with part of that growth coming from a series of acquisitions and the rest from organic quantum revenue. Management estimates organic revenue will double for the full calendar year 2026, helping total sales, including acquisitions and organic growth, reach an estimated $455 million this year, a 60% increase over the company's previous guidance, though the raised full-year revenue guidance came just after IonQ completed its purchase of the chip foundry business SkyWater Technology on July 31. The company's non-GAAP adjusted EBITDA loss widened to $120.3 million in the second quarter from $36.5 million a year earlier, driven by expensive research and development costs and rising sales and general administrative costs, and that loss far exceeded quarterly revenue. IonQ holds cash and cash equivalents of $3 billion, giving it substantial runway despite being unprofitable, while its stock trades at a price-to-sales ratio of 51, well above the tech sector average of about 7, even after a roughly 42% share price decline over the past year.
IONQ IncQ2 sales jumped 287% to $80.1M and full-year revenue guidance was raised 60% to ~$455M, though EBITDA losses widened sharply.
NVIDIA Corporation
Skywater Technology IncIonQ completed its purchase of chip foundry SkyWater Technology on July 31, contributing to IonQ's acquisition-driven revenue growth.