Why did IONQ stock jump today?

Shares rallied after IonQ reported 2025 revenue of $130 million, up 202% year over year, and guided 2026 revenue to $225–$245 million, ahead of expectations. Coverage highlighted faster commercial activity and improving visibility on larger deals, which helped shift focus toward growth and scale despite continued operating losses.

What is IonQ’s 2026 revenue guidance?

Management guided 2026 revenue to a range of $225–$245 million. That implies roughly 73% to 88% growth versus 2025’s $130 million result. Investors will watch whether bookings, backlog, and utilization trends support this outlook and if deal sizes expand as pilots move toward multi-year production contracts.

Is IonQ profitable, and what are the key risks?

No. IonQ remains unprofitable and expects operating losses in 2026. Key risks include execution on large enterprise deals, integration of the planned SkyWater Technology acquisition, high valuation, and potential dilution. Investors should also monitor cash burn, gross margin progression, and the pace of commercialization across cloud marketplaces.

How is IONQ stock valued after the surge?

Valuation is elevated. Trailing price-to-sales is over 100x and price-to-book is roughly 3.7x, while EPS remains negative. Supportive factors include strong liquidity, minimal leverage, and fast top-line growth. The premium likely persists if growth and bookings accelerate, but it increases sensitivity to execution setbacks.

What near-term catalysts should investors watch?

Key dates and drivers include the May 6, 2026 earnings report, updates on the planned SkyWater Technology acquisition, bookings and backlog growth, gross margin trends, and any new enterprise or government contracts. Progress on these items can influence confidence in the 2026 outlook and price action for IONQ stock.

Global Market Insights

IONQ Stock Today: Shares Surge After Beat, 2026 Guide Tops – February 26

ByHuzaifa Zahoor February 27, 2026

IONQ stock jumped more than 20% on February 26 after IonQ reported 2025 revenue of $130 million, up 202% year over year, and issued 2026 revenue guidance of $225–$245 million, topping expectations. The company also became the first public quantum computing firm to surpass $100 million in GAAP revenue. Management cited faster commercial sales and a planned SkyWater Technology acquisition as scale drivers, even as operating losses are expected in 2026. With attention back on growth, we outline what today’s move could mean for U.S. investors watching IONQ stock and the wider quantum computing stock theme.