NYSE$IONQ
IONQ Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
IonQ reported an increase in computational power of its cloud offering and achieved a record-breaking 23 algorithmic qubits on IonQ Aria, along with new customer contracts with Airbus and Dow.
IonQ announced its Q2 2022 financial results, reporting revenue of $2.6 million, a net loss of $1.7 million, and adjusted EBITDA loss of $11.6 million. The company also highlighted advancements in computational power and new customer acquisitions.
- IonQ recognized revenue of $2.6 million for the second quarter, compared to $93 thousand in the prior year period.
- Cash, cash equivalents and investments were $571.3 million as of June 30, 2022.
- Net loss was $1.7 million and adjusted EBITDA loss was $11.6 million.
- Aria has increased its computational power by approximately 8x, now reaching #AQ 23, up from #AQ 20.
Headline financials
Revenue & EPS history
Ionq · Revenue · Quarterly
$1.07B
Forward guidance
For the third quarter of 2022, IonQ is expecting revenue of between $2.6 and $2.9 million. For the full year 2022, IonQ has reiterated the previously stated revenue outlook range of $10.2 million to $10.7 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+4.5%
Avg return
Earnings day
+6.6%
Avg return
5 days after
+1.6%
Avg return
30 days after
45%
9 / 20 earnings
Positive
+34.9%
Q2 2022
Best reaction
-16.8%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.3% | +6.2% | +8.4% | |
| Q4 2025 | +13.3% | +10.3% | -18.1% | |
| Q3 2025 | -1.3% | -1.8% | -4.9% | |
| Q1 2025 | +9.6% | +14.0% | +33.9% | |
| Q4 2024 | -16.8% | -25.3% | -23.7% | |
| Q3 2024 | +6.4% | +21.0% | +71.7% | |
| Q2 2024 | -1.4% | -6.8% | -5.7% | |
| Q1 2024 | +6.6% | +1.6% | -8.9% | |
| Q4 2023 | -10.5% | -12.8% | -13.7% | |
| Q3 2023 | -2.1% | +0.7% | +19.4% | |
| Q2 2023 | -1.0% | -14.6% | +19.0% | |
| Q1 2023 | +25.8% | +39.8% | +56.5% | |
| Q4 2022 | +19.9% | +37.8% | +7.4% | |
| Q3 2022 | -12.5% | +10.6% | -12.3% | |
| Q2 2022 | +34.9% | +6.6% | -6.8% | |
| Q1 2022 | +9.8% | +8.3% | -3.8% | |
| Q2 2021 | -6.0% | -1.4% | -37.8% | |
| Q4 2021 | -6.0% | -1.4% | -37.8% | |
| Q3 2021 | +30.9% | +39.0% | -11.5% | |
| Q4 2020 | +0.0% | -0.2% | -0.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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