IonQ (IONQ) shares rose more than 7% in extended trading on Wednesday after the quantum computing company reported fourth-quarter results that were above Wall Street’s estimates.
For the period ending Dec. 31, IonQ said it lost an adjusted $0.20 per share as revenue soared 429% to come in at $61.89 million. Analysts had expected the company to lose an adjusted $0.23 per share on $40.3M in revenue.
“I am pleased to share that IonQ has once again significantly outperformed our revenue guidance range, exceeding the midpoint by 55% for the fourth quarter and 20% for the full year by delivering $61.9 million and $130.0 million respectively,” said Niccolo de Masi, Chairman and CEO. “Our strategic evolution into the world’s only full-stack quantum platform company, and strong organic growth, positions us with continued momentum to achieve $235 million in revenue for 2026, at our current guidance midpoint.”
For the full-year of fiscal 2026, IonQ expects sales to be between $225M and $245M, well above the $192.63M analyst estimate, including $48M and $51M for the first quarter. The company also expects an adjusted EBITDA loss of between $330M and $310M.
The company will host a conference call at 4:30 p.m. EST to discuss the results.
