StockWatch
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EDP Services
Quarterly ResultAug 10, 2026, 06:09 AM

IonQ Q2 Revenue Jumps 287% to $80.05M; Net Loss Widens to $(1.87)B

AI Summary

IonQ reported a substantial increase in revenue for the second quarter of 2026, reaching $80.05 million, a 287% jump year-over-year. However, the company's net loss widened significantly to $(1.87) billion, primarily due to a large non-cash loss on the change in fair value of warrant liabilities. For the six months ended June 30, 2026, revenue grew over 412% to $144.72 million, while the net loss was $(1.06) billion.

Key Highlights

  • Q2 2026 revenue increased 287% year-over-year to $80.05 million.
  • Q2 2026 net loss widened to $(1.87) billion, from $(177.53) million in Q2 2025.
  • Diluted EPS for Q2 2026 was $(5.08), compared to $(0.70) in Q2 2025.
  • Six-month revenue grew 412% to $144.72 million.
  • Six-month net loss was $(1.06) billion, compared to $(209.78) million in H1 2025.
  • Loss on change in fair value of warrant liabilities was $(1.65) billion for Q2 2026.
  • Cash and cash equivalents stood at $1.24 billion as of June 30, 2026.
  • Net cash used in operating activities was $(254.78) million for H1 2026.