IonQ reported record Q2 2026 revenue of $80.1 million, up 287% year over year, and raised its full-year 2026 revenue guidance to $280–$290 million. The company completed its acquisition of SkyWater Technology, giving it in-house semiconductor fabrication, and acquired Nexus Photonics to expand integrated photonics capabilities — positioning itself as the first vertically integrated, full-stack quantum platform. Commercial customers accounted for roughly 60% of revenue, with international customers representing about half. Remaining performance obligations grew 297% year over year. IonQ also signed MOUs with Anduril Industries and Sandia National Laboratories, launched a quantum communications research center in Tennessee, and expanded its quantum cybersecurity and space technology portfolios. Despite strong revenue growth, the company posted a GAAP net loss of $1.87 billion due to acquisition-related charges.