New York, Feb 26, 2026, 04:47 EST — Premarket
- IonQ surged roughly 15% in premarket trading, buoyed by a strong quarterly revenue gain and an increased 2026 revenue forecast from the company.
- The quantum computing company is now projecting 2026 revenue to land between $225 million and $245 million, while also signaling a deeper adjusted EBITDA loss.
- Investors are eyeing updates on recent deals, and they’re looking for clearer timing on the SkyWater acquisition.
IonQ Inc jumped roughly 15% ahead of Thursday’s open, trading near $38.60 in premarket deals. Shares had finished Wednesday at $33.59. (Investing)
That first jump is notable—IonQ ranks among the busiest U.S.-listed quantum computing stocks out there. Investors have been twitchy about “revenue quality” and cash burn across the sector. Quantum machines run on qubits, but the industry’s still in its infancy, with revenue streams often hinging on just a few contracts.
IonQ posted its numbers after Wednesday’s bell, tacking on a higher revenue goal for 2026 and landing the stock squarely in that classic “high-growth, high-burn” trade. The company’s guidance often acts as a weather vane for smaller pure-play names that tend to ride along.
IonQ reported in an SEC filing that it posted $61.9 million in revenue for the fourth quarter and closed out the full year at $130.0 million. Cash, cash equivalents, and investments stood at $3.3 billion as of Dec. 31, 2025. CEO Niccolo de Masi called the results a “significant outperformance” of the firm’s revenue guidance. (SEC)
IonQ is looking for revenue between $225 million and $245 million in 2026, according to the filing. For the first quarter, the company put its estimate at $48 million to $51 million. Adjusted EBITDA loss for the full year? Management is bracing for a range of $310 million to $330 million, stripping out interest, taxes and some non-cash costs from the profit calculation. (SEC)
GAAP net income hit $753.7 million for the quarter, according to the filing. Adjusted results, though, showed a loss of 20 cents a share. IonQ pointed to its adjusted numbers leaving out factors like swings in warrant liability values—those moves can sharply impact the bottom line. (SEC)
Barron’s noted analysts were expecting $40.4 million in revenue for the fourth quarter. Shares surged roughly 7% after hours, according to the report. The publication also pointed out that D-Wave Quantum and Rigetti Computing logged after-hours gains as well. (Barron’s)
IonQ shares climbed to $35.78 after hours late Wednesday, a 6.5% jump compared with the regular close, according to MarketWatch.
But there’s a catch to the upside. IonQ’s guidance still calls for significant adjusted losses this year, and revenue isn’t exactly smooth—deal size and timing make it unpredictable. If first-quarter results fall short of projections, shares could stumble after the early move higher.
Eyes are on any news about IonQ’s SkyWater acquisition, with the company sticking to its timeline for a close between the second and third quarter of 2026. Investors are also listening for new remarks during IonQ’s slots at the Morgan Stanley Technology, Media & Telecom Conference on March 4 and the Cantor Global Technology & Industrial Growth Conference coming up March 11. (Ionq)
