IonQ Announces Record 3Q26 Revenues and Raises FY2026 Guidance to $505 - $515 Million as Backlog Grows to $1.2 Billion
IonQ posted record Q3 revenue of $173.8 million, up 336% year-over-year, marking its sixth consecutive record quarter and beating consensus on revenue, GAAP EPS and adjusted EPS. The company raised FY2026 revenue guidance to $505-$515 million and said backlog more than doubled to $1.2 billion in remaining performance obligations. Platform segment revenue rose 127% to $90.3 million, with SkyWater adding $83.5 million in foundry revenue. IonQ was the only trapped-ion company advanced to DARPA's Stage C (potential value up to $300 million), and NVIDIA will deploy a Superion 256 as the first on-premise quantum computer at its Accelerated Quantum Research Center.
Key figures
- Eps
- 1.42
- Revenue
- 173831000
- Guidance
- FY2026 revenue $505-$515 million; 110% YoY growth in quantum computing revenue
- Revenue Yoy
- 336%
- Rpo backlog
- 1200000000
- Gaap net income
- 564000000
- Cash and investments
- 3700000000
- Platform segment growth
- 127%
- Equity offering proceeds
- 2000000000
- Platform segment revenue
- 90300000
- Skywater foundry revenue
- 83500000
- Cash and investments q3 end
- 1700000000
- Darpa program value potential
- 300000000
AI analysis
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