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flag IonQ posted record revenue in Q4 2025, exceeded $100 million in annual GAAP revenue for the first time, and projected strong growth in 2026.

flag IonQ reported record Q4 2025 revenue of $61.9 million, a 429% year-over-year increase, surpassing expectations and marking the first time a public quantum computing firm exceeded $100 million in annual GAAP revenue. flag The company’s full-year revenue reached $130 million, up 202%, with over 60% from commercial clients and international sales exceeding 30% for the first time. flag Despite net losses, adjusted EBITDA losses narrowed, and remaining performance obligations rose to $370 million. flag The company secured a major defense contract potentially worth up to $151 billion, unveiled a $1.8 billion foundry partnership, and plans to acquire SkyWater Technologies to establish U.S.-based quantum manufacturing. flag IonQ projected 2026 revenue between $225 million and $245 million, with Q1 guidance at $48 million to $51 million, and continues to expand its quantum platform across computing, networking, and security.

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