IonQ Just Raised Its 2026 Revenue Outlook by About 60%. Most of the Raise Isn't Quantum Computing.
The biggest guidance raise of the year mostly counts an acquired chip foundry, not the quantum business.
Overview
IonQ (NYSE:IONQ) raised its full-year revenue outlook by about 60% this morning, to a range of $450 million to $460 million. A month ago, the quantum computing company expected $280 million to $290 million.
Shares jumped on the news, trading near $44 as of this writing.
Details
But most of that new revenue isn't quantum computing. The updated outlook is IonQ's first to include SkyWater Technology, the chip foundry it finished buying on July 31 -- and on the numbers IonQ has published, the foundry appears to account for the bulk of the increase.
Source
Originally published at www.fool.com.
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