IonQ beats Q4 revenue expectations

IONQ

25/02/2026 21:35

Overview

Quantum platform firm's Q4 revenue grew, beating analyst expectations

Net income beat expectations on gains on fair value of warrant liabilities

Company announced agreement to acquire SkyWater Technology

Outlook

IonQ expects 2026 revenue between $225 mln and $245 mln

Company anticipates Q1 2026 revenue between $48 mln and $51 mln

IonQ forecasts 2026 adjusted EBITDA loss of ($330) mln to ($310) mln

Result Drivers

ORGANIC GROWTH - IonQ reported 202% year-over-year FY revenue growth, driven by strong organic growth and commercial traction

STRATEGIC PARTNERSHIPS - Expanded agreement with QuantumBasel and sold system to KISTI, enhancing global reach and positioning in quantum computing

Company press release: ID:nBw3LSy6Na

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$61.89 mln
$40.39 mln (11 Analysts)
Q4 Net Income
Beat
$753.27 mln
-$122.56 mln (8 Analysts)
Q4 Operating Income
-$228.63 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the computer hardware peer group is "buy"

Wall Street's median 12-month price target for IONQ Inc is $71.00, about 124.5% above its February 24 closing price of $31.62

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)