NYSE$IONQ

IONQ Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

IonQ reported Q3 2025 revenue of $15.7M, a net loss of $85.0M.

For Q3 2025, IonQ reported Revenue was $15.7M, net loss was $85.0M. The filing discusses operating performance, liquidity, and outlook in MD&A.

  • Revenue $15.7M for Q3 2025.
  • Net loss $85.0M.
  • MD&A covers liquidity, capital allocation, and sector-specific risks.

Headline financials

Total Revenue

$39.9M

Previous: $12.4M+221.5%
EPS (adj)

-$0.17

Previous: -$0.24+29.2%
Adjusted EBITDA

-$48.9M

Previous: -$23.7M-106.7%
Adjusted EPS

-$0.17

No prior period
Two-Qubit Gate Fidelity

100.0%

No prior period
Capital Expenditures

-$7.63M

Previous: -$14.4M+47.0%
Net Income

-$1.05B

Previous: -$52.5M-1909.6%
Operating Income

-$169M

Previous: -$53.1M-217.7%

Revenue & EPS history

Ionq · Revenue · Quarterly

$39.9M

Q3 2025+221.5%vs Q3 2024
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Forward guidance

Outlook focuses on cash runway, pipeline milestones, and cost discipline toward profitability.

Tailwinds

  • Cash and equivalents support operations into upcoming milestones.
  • Collaboration, licensing, or product pipeline progress noted in MD&A.

Headwinds

  • Ongoing operating losses and R&D spend pressure near-term earnings.
  • Financing, dilution, or partnership timing may affect liquidity.

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 Q3 2025

Historical avgQ3 2025

+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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro