IonQ posts record Q3 FY2026 revenue, raises full‑year guidance and highlights NVIDIA partnership
IonQ reported third‑quarter FY2026 revenue of $173.8 million, a 336% year‑over‑year increase, driven by its IonQ Platform and the newly integrated SkyWater foundry. The company lifted its full‑year 2026 revenue outlook to $505‑$515 million and noted that Superion 256 capacity is sold out for 2027. Management highlighted a $33 million contract with SDT, a deployment at NVIDIA’s Accelerated Quantum Research Center, and progress to Stage C of DARPA’s Quantum Benchmarking Initiative.
Why it matters
The raised guidance signals higher near‑term top‑line growth for investors, while the $2 billion capital raise and a $3.7 billion cash balance provide runway for continued R&D and scaling. Adjusted EBITDA is expected to improve from a $133.6 million loss this quarter to an estimated $127 million loss in Q4, indicating a path toward profitability.
Key facts
- 1Q3 FY2026 revenue was $173.8 million, up 336% YoY. finance.biggo.com
- 2Full‑year 2026 revenue guidance was increased to $505‑$515 million. finance.biggo.com
- 3IonQ Platform segment generated $90.3 million in revenue, up 127% YoY. finance.biggo.com
- 4SkyWater segment contributed $83.5 million in its first two months of consolidation. finance.biggo.com
- 5Remaining performance obligations at quarter‑end totaled approximately $1.2 billion. finance.yahoo.com
- 6Adjusted EBITDA loss for the quarter was $133.6 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.