IonQ Reports Q1 Revenue of $64.67M, Up 755% Year-Over-Year

IonQ reported first-quarter revenue of $64.67 million, surging 755% year-over-year and significantly exceeding analyst expectations of $49.7 million. The company posted an adjusted loss of $0.34 per share, slightly better than the expected $0.35 loss. Commercial customers accounted for nearly 60% of total revenue, while remaining performance obligations climbed 554% to $470 million. Looking ahead, IonQ raised full-year 2026 revenue guidance to $260–$270 million from the prior range of $225–$245 million, well above analyst consensus of $237 million.
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