IonQ reports record Q3 revenue, raises 2026 outlook and sells out 2027 Superion capacity

IonQ announced Q3 2026 revenue of about $173.8 million, a 336% year‑over‑year increase. The company lifted its full‑year 2026 revenue guidance to $505‑$515 million and said its Superion 256 manufacturing capacity for 2027 is fully committed, with orders extending into 2028. Adjusted EBITDA remained a loss of $133.6 million, while cash and investments total roughly $3.7 billion. Shares jumped double‑digits on the news.

The higher revenue outlook and sold‑out capacity suggest stronger near‑term demand, which could support the stock’s recent price rally (the company’s shares rose 23% on the release)【2】. The large cash balance gives IonQ runway to fund further manufacturing expansion and acquisitions【4】.

  • 1Q3 2026 revenue was $173.83 million, up 336% YoY.
  • 2Full‑year 2026 revenue guidance was raised to $505 million‑$515 million.
  • 3Superion 256 manufacturing capacity for 2027 is fully committed, with orders extending into 2028.
  • 4Adjusted EBITDA loss for the quarter was $133.6 million.
  • 5Remaining performance obligations total $1.2 billion.
  • 6Cash, cash equivalents and investments were approximately $3.7 billion.

Sources