IonQ Inc (NYSE:IONQ) reported financial results for the fourth quarter after the bell on Wednesday. Here’s a rundown of the quantum company’s report.
- IonQ shares are climbing with conviction. Why are IONQ shares rallying?
IonQ Beats Estimates In Q4
IonQ reported revenue of $61.89 million for the fourth quarter, beating analyst estimates of $40.39 million. The company posted a fourth-quarter loss of 20 cents per share, beating estimates for a loss of 33 cents per share, according to Benzinga Pro.
Total revenue was up 429% on a year-over-year basis. IonQ ended the quarter with $3.3 billion in cash, cash equivalents and investments.
“We tripled our annual revenue and accelerated to a semiconductor-based roadmap for our industry-leading quantum computers. We expanded and deepened our platform into quantum networking, quantum sensing, and quantum security. We have now integrated our capabilities to create powerful operating momentum into 2026,” said Niccolo de Masi, CEO of IonQ.
IonQ guided for first-quarter revenue of $48 million to $51 million versus estimates of $37.08 million. IonQ said it expects full-year 2026 revenue to be in the range of $225 million to $245 million versus estimates of $194.24 million.
IonQ’s management team will further discuss the quarter on an earnings call at 4:30 p.m. ET.
IONQ Stock Rises After The Bell
IONQ Price Action: IonQ shares were up 7.72% in after-hours Wednesday, trading at $36.25 at the time of publication, according to Benzinga Pro.
Image: courtesy of IonQ.
Recent Comments