IonQ Inc. (IONQ) delivered mixed results in Q2 FY2026 on revenue of $80.0M versus the $66.4M estimate (+286.8% YoY) and EPS of $-0.33. The next IonQ Inc. (IONQ) earnings date is Nov 4, 2026. Below is the full IonQ Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
IonQ Inc. (IONQ) Earnings Analysis — key stats
Next earnings date
Nov 4, 2026
Latest reported quarter
Q2 FY2026
Earnings verdict
Mixed
EPS beat rate
3 of last 8 (quarters above estimate)
Avg next-day move
±14.3% (over the last 8 reports)
Post-earnings direction
Up 4 / Down 4 (of the last 8 reports)
Implied move (next report)
±43.7% (options-derived · into Nov 4, 2026)
Institutional ownership
63.0% (13F as of 2026-06-30)
Top 10 holders
33.8% (of shares outstanding)
Insider activity
5 buys / 7 sells (recent Form 4 filings)
Revenue
$80.0M (vs $66.4M est · +20.5% surprise · +286.8% YoY)
EPS
$-0.33 (vs $-0.29 est · -13.8% surprise · +625.7% YoY)
Share price
$41.06 (-8.5%)
Market cap
$15.3B
IonQ Inc. (IONQ) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$80.0M vs $66.4M est
$-0.33 vs $-0.29 est
-13.8%
-4.8%
Mixed
Q2 FY2026
$64.7M vs $49.8M est
$2.07 vs $-0.46 est
+548.5%
-0.7%
Beat
Q1 FY2026
$61.9M vs $40.4M est
$1.93 vs $-0.48 est
+502.1%
+29.3%
Beat
Q4 FY2025
$39.9M vs $27.0M est
$-3.58 vs $-0.44 est
-713.6%
+7.6%
Mixed
Q3 FY2025
$20.7M vs $17.2M est
$-0.70 vs $-0.13 est
-438.5%
-3.6%
Mixed
Q2 FY2025
$7.6M vs $7.5M est
$-0.14 vs $-0.26 est
+46.2%
+8.2%
Mixed
Q1 FY2025
$11.7M vs $10.3M est
$-0.93 vs $-0.23 est
-304.3%
-16.2%
Mixed
Q4 FY2024
$12.4M vs $10.6M est
$-0.24 vs $-0.22 est
-10.8%
+44.0%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Morgan Stanley
7.3%
26.3M
$1.4B
+24.2%
Blackrock, INC.
5.8%
20.9M
$1.1B
-30.0%
Vanguard Capital Management LLC
4.3%
15.6M
$830.8M
+3.5%
Vanguard Portfolio Management LLC
3.9%
14.0M
$743.5M
-9.3%
Susquehanna International Group, Llp
2.5%
8.9M
$475.6M
+39.0%
State Street Corp
2.3%
8.1M
$432.7M
-12.4%
Ubs Group Ag
2.2%
7.9M
$420.6M
+36.0%
Susquehanna International Group, Llp
1.9%
6.8M
$362.8M
+37.9%
Bank Of America Corp /De/
1.8%
6.5M
$344.8M
+258.0%
Geode Capital Management, LLC
1.8%
6.5M
$343.1M
-23.5%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
TOLEDANO GABRIELLE B
director
2026-06-17
Buy
5K
—
TOLEDANO GABRIELLE B
director
2026-06-18
Sell
3K
$151663
Chou Kathryn K.
director
2026-06-17
Buy
5K
—
Chou Kathryn K.
director
2026-06-18
Sell
3K
$151690
Raymond John w
director, other: Special Advisor
2026-06-18
Sell
4K
$209863
FRANKOLA JIM
director
2026-06-17
Buy
5K
—
TEUBER WILLIAM J JR
director
2026-06-17
Buy
5K
—
Singh Inder M
officer: CFO & COO
2026-06-16
Sell
3K
$156366
What you'll find
Next IonQ Inc. (IONQ) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment IonQ Inc. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in IonQ Inc. (IONQ)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is IonQ Inc.'s next earnings date?
IonQ Inc.'s (IONQ) next scheduled earnings date is Nov 4, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did IonQ Inc. (IONQ) beat or miss earnings?
In Q2 FY2026, IonQ Inc. (IONQ) posted mixed results — revenue of $80.0M versus the $66.4M estimate (+20.5% surprise) and EPS of $-0.33 versus $-0.29 expected (-13.8% surprise). Magnisto decodes every IonQ Inc. (IONQ) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does IonQ Inc. beat earnings estimates?
Over its last 8 reported quarters, IonQ Inc. (IONQ) beat Wall Street EPS estimates 3 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every IonQ Inc. (IONQ) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does IonQ Inc. stock move after earnings?
Over its last 8 quarterly reports, IonQ Inc. (IONQ) moved an average of ±14.3% the day after earnings — ranging from -16.2% (Q1 FY2025) to +44.0% (Q4 FY2024). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Nov 4, 2026, options-implied volatility is pricing in a move of roughly ±43.7% (derived). Magnisto tracks the realized post-earnings move for every IonQ Inc. (IONQ) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of IonQ Inc.?
Institutions hold about 63.0% of IonQ Inc.'s (IONQ) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Morgan Stanley (7.3%), Blackrock, INC. (5.8%), Vanguard Capital Management LLC (4.3%). Magnisto lists IonQ Inc.'s (IONQ) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling IonQ Inc. (IONQ)?
In the most recent Form 4 filings Magnisto tracks, IonQ Inc. (IONQ) insiders recorded 5 purchases and 7 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for IonQ Inc. (IONQ) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for IonQ Inc. (IONQ), anchored to the current $41.06 share price, so you can weigh the bull, base and bear cases for IonQ Inc. side by side.
Is IonQ Inc. (IONQ) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether IonQ Inc. fits your own thesis and risk profile. This is research, not investment advice.