Filing Flows › IonQ (IONQ) › Q2 2026 › vs Q1 2026
IonQ (IONQ) Q2 2026 vs Q1 2026 (quarter over quarter)
IonQ's revenue rose $15.4M (+24%) from $64.7M in Q1 2026 to $80.0M in Q2 2026. The biggest changes: Quantum Hardware +$10.8M (+30%); Platform Consulting and Support Services +$4.6M (+16%).
IonQ, Q2 2026: revenue $80.0M (+287% year over year), operating margin -421.3%, net loss $1.9B, operating cash flow −$104M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Quantum Hardware | $46.5M | $35.7M | $10.8M | +30% |
| Platform Consulting and Support Services | $33.6M | $29.0M | $4.6M | +16% |
| Revenue | $80.0M | $64.7M | $15.4M | +24% |
| Income tax benefit | $6.1M | $6.4M | −$315K | -5% |
| Net loss | $1.9B | −$805M | $2.7B | — |
| Costs & expenses | $2.0B | $1.1B | $814M | +71% |
| Operating costs | $417M | $336M | $81.1M | +24% |
| Interest & other, net | $1.5B | −$1.1B | $2.6B | — |
| Cost of revenue | $60.1M | $49.3M | $10.9M | +22% |
| Research & development | $161M | $126M | $34.9M | +28% |
| Sales & marketing | $32.9M | $29.4M | $3.5M | +12% |
| General & admin | $118M | $88.6M | $29.0M | +33% |
| Other operating costs | $46.1M | $43.1M | $3.0M | +7% |
| Operating cash sources | $1.9B | −$805M | $2.7B | — |
| Depreciation & amortization | $46.1M | $43.1M | $3.0M | +7% |
| Share-based compensation | $142M | $129M | $13.3M | +10% |
| Working capital & other | $1.6B | −$1.1B | $2.7B | — |
| Cash used in operations | $104M | $151M | −$47.3M | -31% |
| Net loss absorbed | $1.9B | −$805M | $2.7B | — |
Questions
How much did IonQ's revenue grow quarter over quarter in Q2 2026?
IonQ's revenue rose $15.4M (+24%) from $64.7M in Q1 2026 to $80.0M in Q2 2026.
What drove IonQ's revenue change in Q2 2026?
Quantum Hardware +$10.8M (+30%); Platform Consulting and Support Services +$4.6M (+16%).