Ionq Earnings Reports

IonQ reported strong Q4 2024 results, surpassing revenue expectations with $11.7 million in revenue. The company posted a net loss of $202.0 million, with an adjusted EBITDA loss of $32.8 million. Cash, cash equivalents, and investments totaled $363.8 million. IonQ also secured a major partnership with the Air Force Research Lab and announced its acquisition of a majority stake in ID Quantique.

IonQ reported a strong third quarter, exceeding the high end of its revenue guidance with $12.4 million, representing a 102% year-over-year growth. The company secured $63.5 million in new bookings, including a $54.5 million contract with the United States Air Force Research Lab. IonQ also announced a definitive agreement to acquire Qubitekk and a partnership with AstraZeneca.

IonQ reported a strong first quarter with revenue of $7.6 million, a 77% increase year-over-year, exceeding the high end of their guidance. The company's sales pipeline is expanding, leading to an increased bookings guidance range for the year. They also announced new collaborations and appointments to strengthen their technological and legal expertise.

IonQ's third quarter results showed strong revenue growth, exceeding the high end of the previously provided range, and significant bookings, contributing to achieving the $100 million cumulative bookings goal ahead of schedule. The company also announced a major deal with AFRL and unveiled new quantum computer architectures.

IonQ announced strong second quarter results with revenue of $5.5 million, exceeding the high end of the previous range, and record bookings of $28.0 million. The company raised its full year revenue outlook to $18.9 million to $19.3 million and bookings outlook to $49 million to $56 million.

IonQ reported a strong start to the year with revenue of $4.3 million, exceeding the high end of the previously provided range. The company achieved its 2023 technical target of 29 algorithmic qubits (#AQ) seven months ahead of schedule and increased its full year revenue outlook to $18.8 million to $19.2 million.

IonQ announced Q3 2022 financial results with revenue of $2.8 million and bookings of $16.4 million. The company achieved its technical milestone of 25 algorithmic qubits, increasing the power of IonQ Aria by 4x. IonQ also signed a $13.4 million contract with the U.S. Air Force Research Lab.

IonQ announced its Q2 2022 financial results, reporting revenue of $2.6 million, a net loss of $1.7 million, and adjusted EBITDA loss of $11.6 million. The company also highlighted advancements in computational power and new customer acquisitions.

IonQ announced its Q1 2022 financial results, reporting a revenue of $2.0 million and bookings of $4.2 million. The company also announced IonQ Forte, a new ytterbium-based system.

IonQ reported revenue of $223 thousand and a net loss of $14.8 million for the third quarter of 2021. They also reported cash and cash equivalents of $587 million as of September 30, 2021.