Quantum

IonQ Raises Revenue Forecast as Quarterly Sales Climb to $173.8 Million

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 05/11/2026, 22:49:24 UTC.

Briefings

IonQ reported Q3 revenue of $173.8 million, a 336% increase from the prior year, marking its sixth consecutive record quarter. The company raised its full-year revenue forecast to $505-$515 million and expects quantum computing revenue to grow 110% annually. Key milestones include advancing to DARPA Stage C, NVIDIA's Superion 256 deployment, and a $33 million contract with SDT for a Superion 256 system. The company also expanded its security business by acquiring Elisity and signed an $8.2 million agreement with Congruity360 for post-quantum cryptography.

Key points

• IonQ reported third-quarter revenue of $173.8 million, a 336% increase from a year earlier, marking its sixth consecutive record quarter.
• IonQ raised its full-year revenue forecast to between $505 million and $515 million, with an expectation of 110% growth in quantum computing revenue for the year.

Context

IonQ is a trapped-ion quantum computing company that has advanced to DARPA Stage C of the Quantum Benchmarking Initiative. Its commercial success includes NVIDIA's Superion 256 deployment and contracts with SDT and Florida International University. The company also expanded its security business through an acquisition and signed an agreement with Congruity360 for post-quantum cryptography.

Limitations

Revenue figures are from a single quarter (Q3) with no full-year data provided. Specific customer names and contract values for some agreements are partially obscured in the source text.

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