About
IonQ (NYSE: IONQ) is a publicly traded pure-play quantum computing company and the largest of its kind by market presence. It became the first public quantum company to exceed $100M in GAAP annual revenue, reporting $130M in 2025, a 202% gain year over year, with Q4 2025 revenue of $61.9M. It reported first-quarter 2026 revenue of $64.7M and raised full-year 2026 guidance to $260-270M, and it holds $3.3B in cash. IonQ builds trapped-ion quantum computers with 64 algorithmic qubits and 99.9% two-qubit gate fidelity, the highest published 2Q fidelity alongside Silicon Quantum Computing at 99.99%. IonQ is developing 256-qubit trapped-ion systems for delivery in 2026, with Horizon Quantum as the first customer for a 256-qubit machine. In October 2025 it demonstrated 99.99% two-qubit gate fidelity on R&D prototypes built with barium ions and Electronic Qubit Control, microchip-based precision electronics from the Oxford Ionics acquisition that replace conventional laser optics. These prototypes underpin the planned 256-qubit systems. In April 2026, IonQ demonstrated a photonic interconnect linking two commercial trapped-ion systems, which it described as the first networked commercial quantum computers. In 2025, IonQ delivered a 100-qubit system to KISTI, the Korea Institute of Science and Technology Information, via NVIDIA NVQLink. IonQ has been active in acquisitions. In September 2025 it completed the $1.075B purchase of Oxford Ionics, the largest UK quantum exit and the largest deal from a University of Oxford spinout, gaining Electronic Qubit Control technology that points toward 2 million physical qubits by 2030. In January 2026 it announced the acquisition of SkyWater Technology for $1.8B in cash and stock at $35.00 per share. SkyWater stockholders approved the merger in May 2026, with regulatory close expected in Q2-Q3 2026. SkyWater is a US semiconductor foundry with facilities in Minnesota, Florida, and Texas, and the deal targets 200,000-qubit QPUs capable o
Quantum Specifications
| Qubit Technology | Ion-trap |
| Physical Qubits | 256 |
| 2Q Gate Fidelity | 99.99% |
| Error Correction | In-development |
| Quantum Focus | hardware |
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