Shares of IonQ soared by over 21% on Thursday, driven by the company’s robust revenue forecast that far surpassed investor expectations. By the end of the trading day, IonQ’s stock price rose significantly, closing at $40.71.
In a remarkable demonstration of growth, IonQ reported a staggering 429% increase in fourth-quarter revenue, reaching $61.9 million compared to the same quarter last year. CEO Niccolo de Masi expressed his enthusiasm regarding IonQ’s performance, highlighting that the company exceeded its revenue guidance range by 55% for the quarter.
IonQ positions itself as the world’s first full-stack quantum platform provider, specializing in quantum computing as well as networking, sensing, and security. The company has strategically expanded its capabilities through various acquisitions, including a recent agreement to acquire SkyWater Technology, a notable quantum chip foundry, aimed at enhancing its U.S. supply chain.
Despite the impressive revenue growth, IonQ is currently facing challenges with profitability due to its significant growth investments. The company’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped to negative $67.4 million, a decline from the negative $31.3 million recorded in the same quarter the previous year. Nevertheless, IonQ remains financially robust, boasting $3.3 billion in cash reserves and investments as of December 31.
Looking to the future, IonQ has provided an optimistic forecast for 2026, predicting full-year revenue between $225 million to $245 million—well above Wall Street’s expectation of approximately $190 million. According to Chief Financial Officer Inder Singh, the company is projected to experience nearly 80% year-over-year organic growth in 2025, with expectations for even higher organic growth in 2026.
As IonQ continues to make headlines with its sales growth and ambitious plans, it remains an influential player in the rapidly evolving quantum computing landscape.
