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Sep 30, 2021

Ionq Q3 2021 Earnings Report

Announced financial results for the third quarter ended September 30, 2021.

Key Takeaways

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.

Revenue of $223 thousand

Year-to-date total contract value (TCV) bookings of $15.1 million

Cash and cash equivalents of $587 million

Net loss of $14.8 million

Total Revenue
$233K
EPS
-$0.12
Adjusted EBITDA
-$7.9M
Gross Profit
$1.07B
Cash and Equivalents
$587M
Free Cash Flow
-$22.5M
Total Assets
$627M

Ionq

Ionq

Forward Guidance

IonQ expects bookings of $600 thousand to $800 thousand and revenue of $1.0 million to $1.2 million for fourth quarter 2021.