According to Barron's, quantum computing company IonQ reported third-quarter revenue of $173.8 million, more than quadrupling year-over-year, driven by quantum system sales, atomic clock business, and contributions from subsidiary SkyWater Technology. The company raised its 2026 full-year revenue guidance to $5.05–5.15 billion from the prior estimate of $2.8–2.9 billion.

CEO Niccolo de Masi reiterated IonQ's ambition to become the "Nvidia of quantum computing." SkyWater contributed $83.5 million to Q3 revenue, accounting for roughly half of total sales. IonQ also recognized a $28 million DARPA contract for supplying 25 atomic clocks, signaling expanded cooperation with the U.S. government. De Masi stated the company aims to become the first pure quantum technology firm to exceed $1 billion in annual revenue within one to two years.

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