Executive Summary
Generated July 30, 2026
Quantum Computing
IonQ
Strategic importance is our editorial rating of how central this entity is to the technology landscape we track; confidence reflects how well-sourced and current the underlying evidence is.
0
Chokepoint Score
no direct dependencies recorded in the graph
Accelerating
Activity
1 recorded change in the last 90 days
Steady
Momentum
insider filing activity unchanged since last check
Headquarters
College Park, Maryland, USA
Website
Employees
400 (2026, approximate)
Founded
2015
Listing
IONQ · NYSE
Market Cap
$12.65B
Revenue (TTM)
$187.12M
Price
USD33.88 (-4.59%)
Market data as of Jul 29, 2026, 11:25 AM · Source: Yahoo Finance (delayed). Not investment advice.
Overview
A publicly traded trapped-ion quantum computing company pursuing both quantum computing and quantum networking, which reported record Q1 2026 revenue of $64.7 million (up 755% year-over-year) and booked its first 256-qubit Tempo system sale to the University of Cambridge, signaling a shift from R&D-grade testing toward commercial-scale systems. The stock has nonetheless fallen roughly 31% over the past month amid a broader quantum-computing sector selloff, trading around $39.52 in mid-July 2026.
Strategic Connections
- Quantum Computing: IonQ develops trapped-ion quantum computers and quantum networking technology, expanding strategic partnerships including with Cambridge University and the UK government in 2026.
- Quantinuum: IonQ competes with Quantinuum in trapped-ion quantum computing hardware and enterprise/government contracts.
- Rigetti Computing: IonQ competes with Rigetti Computing and other quantum hardware companies for enterprise, government, and public-market investor attention, pursuing trapped-ion versus Rigetti's superconducting modality.
Strategic Risks
- Pre-commercial quantum computing revenue remains small relative to public market valuation
- Competitive field of well-funded quantum hardware companies across multiple qubit modalities
- Stock down roughly 31% over the past month amid a sector-wide quantum computing selloff despite record Q1 revenue growth
Future Outlook
- Cambridge Quantum Innovation Centre and UK government backing expected to expand IonQ's European footprint
- Continued diversification into quantum networking alongside core trapped-ion computing hardware
- First 256-qubit Tempo commercial system sale (Cambridge) positioned as proof point for the shift from R&D to commercial-scale deployment
Sources
4 sources, 65% average source confidence — full citations in the Full Analyst Report.
Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.
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