Description
(AWP Alliance News) - IonQ raised its 2026 revenue forecast to USD 505 million-USD 515 million from USD 450 million-USD 460 million during its third-quarter earnings call, attended by Chairman and CEO Niccolo de Masi, COO and CFO Inder M. Singh and analysts. Revenue rose 336% to USD 173.8 million, including USD 83.5 million from two months of SkyWater operations.
Management reported USD 1.2 billion in remaining performance obligations, including approximately USD 290 million of new contracts signed in the quarter for its quantum platform. De Masi said Superion 256 capacity for 2027 was sold out, with orders beginning to fill into 2028 as manufacturing capacity expands.
He also announced advancement to the final stage of DARPA's Quantum Benchmarking Initiative, carrying a potential program value of up to USD 300 million.
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Disclaimer: This news brief was created using generative artificial intelligence. IONQ Inc. published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.