IONQ IonQ (IONQ) Q2 FY26 earnings call
IonQ delivered a record Q2 FY26, driven by strong organic growth and global quantum computer deployments, while strategically closing the SkyWater acquisition to vertically integrate its quantum platform. The company is accelerating its semiconductor-based quantum computing roadmap and expanding its merchant supplier role, alongside advancing quantum security solutions. Management anticipates providing combined company guidance in the near future.
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IONQ operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Remaining performance obligation (RPO) | $370MAs a demonstration of this focus in our 2025 10-K being filed today, we disclosed that our remaining performance obligations or RPO, which provides 1 metric to gauge visibility over several quarters, stood at $370 million at the end of 2025 compared to just $77 million at the end of 2024, which is almost a fivefold increase.Source: earnings call transcript | $470MAs of March 31, 2026, our reported performance -- the remaining performance obligations or RPOs stood at $470 million compared to approximately $72 million a year ago.Source: earnings call transcript | $485MWe ended Q2 with $485 million in reported RPOs, up from $470 million in Q1 and up from $122 million 1 year ago.Source: earnings call transcript | +3.2% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.