IonQ's Q2 Earnings and Guidance Cause 3% Share Price Drop

IonQ shares declined 3% in post-market trading after a mixed Q2 earnings report and guidance. The quantum computing company announced that its CEO was appointed chairman. Revenue rose 79% YoY to $12.3mln, beating estimates. However, net losses increased to $60.5mln from $44.8mln in Q1. The company's Q3 guidance was also below expectations.

IonQ Inc. (NYSE: IONQ), a leading quantum computing company, released its second-quarter (Q2) 2025 earnings report on Wednesday, August 6, 2025. The company's stock experienced a 3% decline in after-hours trading following the announcement.

The quantum computing company reported a Q2 revenue of $20.69 million, which exceeded analyst estimates of $17.23 million, representing a 79% year-over-year (YoY) increase [2]. Despite the revenue growth, IonQ reported a net loss of 70 cents per share, missing estimates for a loss of 27 cents per share.

IonQ's CEO, Niccolo de Masi, was appointed to the additional position of board chairman, replacing former CEO Peter Chapman, who stepped down as executive chairman and board member. The company's cash balance stood at $656.8 million at the end of the quarter.

For the third quarter, IonQ provided revenue guidance of $25 million to $29 million, which was below analyst expectations. The company also raised its full-year revenue guidance to a range of $82 million to $100 million, compared to previous estimates of $84.26 million [1].

IonQ's stock price was down 3.23% in after-hours trading, trading at $39.90 at the time of publication [2]. The company's shares have been subject to a decline in recent months, with analysts citing mixed earnings reports and guidance as contributing factors.

References:
[1] https://finance.yahoo.com/news/ionq-inc-ionq-q2-2025-132402774.html
[2] https://www.benzinga.com/markets/earnings/25/08/46927778/ionq-reports-mixed-q2-earnings-raises-2025-revenue-guidance