Follow IonQ to never miss an important update.
IonQ reported revenue of about 174 million dollars for the third quarter, more than four times higher than the same period last year. This growth was led by its platform segment, which sells time on its quantum computers, and its foundry services, which manufacture specialized chips. The company also lost less money than analysts expected, reporting a loss of 29 cents per share.
Management raised its full-year revenue forecast to a range of 505 million to 515 million dollars. The business is also making progress on technical milestones, including being selected for a government benchmarking program that could be worth up to 300 million dollars. For long-term owners, the growing backlog of 1.2 billion dollars suggests that demand for quantum computing is moving from experimental research into real-world commercial use.
See the full quarter, and how our tracked metrics did
Source: 8-K filing
SEC filing on 2026-11-05: 8-K, 8-K filing: completed an acquisition or sale of assets; reported results; Regulation FD disclosure.
What the filing says (its own text, every fact in the card must come from here, and NAME the specific person, role and date it gives): 8-K 0001824920 false 0001824920 2026-11-03 2026-11-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 03, 2026 IonQ, Inc. (Exact name of Registrant as Specified in Its Charter) Delaware 001-39694 85-2992192 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 4505 Campus Drive College Park , Maryland 20740 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code: 301 298-7997 (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.0001 per share IONQ New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 2.01 Completion of Acquisition or Disposition of Assets. On November 3, 2026, IonQ, Inc. (the " Company ") completed its previously announced acquisition (the " Acquisition ") of all of the issued and outstanding shares of common stock of Elisity, Inc., a Delaware corporation (" Elisity "), pursuant to the terms of the Agreement and Plan of Merger, dated as of October 9, 2026, by and among the Company, Elisity, Espresso Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Company, and Fortis Advisors LLC, solely in its capacity as the representative of the securityholders (the " Holder Representative "). The consideration (the " Closing Consideration ") delivered in connection with the closing of the Acquisition consists of 32,233,274 shares of the Company's common stock, par value $0.0001 per share (each, a " Share "). In addition to the Closing Consideration, Elisity's securityholders will be eligible to receive up to 4,265,934 Shares in earn-out consideration, depending on the achievement of financial metrics through January 2028, which, together with the Closing Consideration, constitutes the merger consideration of up to 36,499,208 Shares (the " Merger Consideration "). In connection with the closing of the Acquisition and the issuance of the Merger Consideration, the Company and the Holder Representative entered into a Registration Rights Agreement, dated as of November 3, 2026 (the " Registration Rights Agreement "), pursuant to which recipients of the Closing Consideration have certain registration rights with respect thereto. The foregoing description of the Registration Rights Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Registration Rights Agreement, a copy of which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein. Item 2.02 Results of Operations and Financial Condition. On November 5, 2026, the Company issued a press release announcing its financial results for the second quarter ended September 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 3.02 Unregistered Sales of Equity Securities. The information set forth under Item 2.01 of this Current Report on Form 8-K related to the Closing Consideration is incorporated herein by reference. The Shares were issued pursuant to one or more exemptions from registration under the Securities Act of 1933, as amended (the " Securities Act "), including those provided by Section 4(a)(2) of the Securities Act and Regulation D and Regulation S promulgated under the Securities Act. Item 7.01 Regulation FD Disclosure. On November 4, 2026, the Company issued a press release announcing the closing of the Acquisition. A copy of the press release has been furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference. The information provided pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any of the Company's filings under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Registration Rights Agreement, dated as of November 3, 2026, by and between IonQ, Inc. and the Holder Representative named therein. 99.1 Press Release, dated November 5, 2026. 99.2 Press Release announcing the closing of the Acquisition, dated November 4, 2026. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURES Pursuant to the requirements of the Securities Exchange Act
Source: 8-K filing
After IonQ's November results, we increased our projections for revenue following a significant rise in signed contracts that now total $1.2 billion. We added a new section to our thesis tracking the revenue earned from providing manufacturing services to other quantum startups. We also added the company's expansion into quantum clocks and networking to the growth drivers we monitor. We have reset our expectations for share count after the company sold $2.0 billion in new stock.
IonQ has partnered with QuantumCT, a state-backed initiative in Connecticut, to provide local organizations with access to its quantum computers through the cloud. QuantumCT will purchase this access on behalf of its network, helping to grow the user base for IonQ's trapped-ion technology.
This is a positive step for IonQ as it works to move its technology out of the lab and into the hands of more commercial and research users. While the specific dollar value was not shared, these types of regional partnerships help build the ecosystem of developers and companies that IonQ needs to fuel its long-term growth.
Source: Business Wire
IonQ is scheduled to report its latest results today. Analysts expect the company to report a loss of about 35 cents per share on revenue of roughly 140 million dollars. Beyond the headline numbers, the focus is on how well the company is managing its shift from a research lab into a commercial manufacturer. We are watching for updates on the integration of its recent foundry and security acquisitions, as well as any signs that its high spending is starting to translate into steady commercial growth.
The company's results swing wildly from massive profits to deep losses, making it hard to trust any single forecast. This pattern suggests management is still figuring out how to predict the costs of building its first commercial systems.
| Expectation | |
|---|---|
| EPS | $-0.30 |
| Revenue | $169M |