Filing Flows › IonQ (IONQ) › How it makes money
How IonQ (IONQ) makes money
IonQ (IONQ) made $174M of revenue in the third quarter 2026 (Q3 2026), +336% from a year earlier. CMOS Foundry brought in $53.8M (31%); Quantum Hardware brought in $52.9M (30%); Quantum Services brought in $37.4M (22%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| CMOS Foundry | $53.8M | 30.9% | — | — |
| Quantum Hardware | $52.9M | 30.5% | — | +145% |
| Quantum Services | $37.4M | 21.5% | — | +104% |
| Quantum Foundry and Advanced Technologies | $29.8M | 17.1% | — | — |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $174M | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $174M | +336% |
| Q2 2026 | $80.0M | +287% |
| Q1 2026 | $64.7M | +755% |
| Q4 2025 | $61.9M | +428% |
| Q3 2025 | $39.9M | +222% |
| Q2 2025 | $20.7M | +82% |
| Q1 2025 | $7.6M | -0.2% |
From IonQ's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does IonQ make money?
IonQ (IONQ) made $174M of revenue in the third quarter 2026 (Q3 2026), +336% from a year earlier. CMOS Foundry brought in $53.8M (31%); Quantum Hardware brought in $52.9M (30%); Quantum Services brought in $37.4M (22%).
What is IonQ's biggest business?
CMOS Foundry: $53.8M in the third quarter 2026, 31% of revenue.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.