IonQ Reports Q3 2026 Revenue Growth of 336% and Raises Full Year Guidance
IonQ (IONQ) delivered a massive third quarter in 2026, reporting revenue of $173.8 million, which represents a 336% year-over-year increase. This marks the company's sixth consecutive record-breaking quarter. Growth was driven by both its core IonQ Platform segment and the recent acquisition of SkyWater Foundry Services, which contributed $83.5 million in revenue during its first two months of operation. Following these strong results, management raised its full-year 2026 revenue guidance to a range of $505 million to $515 million. While the company reported an adjusted EBITDA loss of $133.6 million due to heavy acquisition and integration costs related to SkyWater, it maintains a robust pro forma cash balance of $3.7 billion. The company is now focusing on site consolidation in 2027 to streamline redundant operations resulting from recent expansions.
Topics: acquisition integration guidance revision quantum computing revenue growth