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IonQ Delivers Mixed Q2 Earnings, Raises Annual Forecast

A revenue beat combined with wider losses per share prompted the quantum computing firm to lift its full-year outlook, sending shares lower.

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Overview

  • IonQ reported second-quarter revenue of $20.69 million, surpassing analyst estimates of $17.23 million.
  • The company posted a $0.70 loss per share, missing consensus forecasts for a $0.27 loss.
  • Management raised its 2025 revenue guidance to $82 million–$100 million and projected third-quarter revenue of $25 million–$29 million.
  • Amazon’s 0.3% stake in IonQ, valued at about $37 million, coincided with a DOE-backed Oak Ridge National Laboratory collaboration on energy grid optimization.
  • Shares fell more than 3% in after-hours trading after CEO Niccolo de Masi was appointed board chairman following Peter Chapman’s departure.