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IonQ posts record $65M Q1 revenue, raises full-year forecast, and plans quantum tech expansion.

Company Fundamentals
09 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

IonQ reported a record $65 million in revenue for Q1 FY26 and raised its full-year revenue guidance to $260–270 million. The company achieved a 554% year-over-year increase in remaining performance obligations (RPO) to $470 million, signaling strong future revenue. IonQ's acquisitions of Oxford Ionics and pending SkyWater Technology aim to boost its quantum computing capacity to 10,000–20,000 qubits by 2027–2028. With $3 billion in cash, IonQ is investing in vertical integration across quantum computing, networking, security, and manufacturing to secure a leading position in the industry. The company trades at a high forward price-to-sales ratio but is seen as an attractive long-term investment in quantum technology.

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