Slide 1: Q2 2026 Business & Financial Highlights
Q2 2026 Business & Financial Highlights August 5, 2026 Copyright © 2026 IonQ, Inc. All Rights Reserved.
Slide 2: Important Information
Important Information Forward-Looking Statements and Other Information This presentation contains forward-looking statements. All statements contained in this presentation other than statements of historical fact are forward-looking statements, including statements regarding our guidance as to futur
Slide 3: Business Highlights
Business Highlights Biggest Quarter in IonQ History 1 Fifth consecutive record-setting quarter, with revenue of $80.1 million and 287% YoY growth Closed Acquisition of SkyWater 2 Securing the domestic manufacturing foundation to accelerate the entire quantum industry's path to scale First Fully Feat
Slide 4: IonQ Is The Only Quantum Platform Company That Can Deliver Integrated Solutions
IonQ Is The Only Quantum Platform Company That Can Deliver Integrated Solutions QUANTUM SOLUTIONS Quantum Quantum Quantum Quantum Quantum Computing Networking Sensing Cybersecurity in Space Industry-leading quantum The only quantum The world’s highest Deploying full-stack Extending quantum into comp
Slide 5: Proving the Path for our 256-Qubit System
Proving the Path for our 256-Qubit System Executing our Roadmap with Semiconductor Manufacturing ✓ ✓ ✓ ✓ ✓ Gate Chip Fabrication Chip Prototype Component Integrated System Fidelity Design Testing Testing System Testing Commissioning Demonstrated 99.99% Tape outs A-D; first First fully fabricated Dem
Slide 6: IonQ Is Advancing at Every Layer of the Compute Stack
IonQ Is Advancing at Every Layer of the Compute Stack Q2 2026 Quantum Computing Achievements • First five published customer and partner results on IonQ Tempo development systems with NVIDIA, Synopsys, and others APPLICATIONS • Showcased two new use cases for how our systems can be used as ultra-pre
Slide 7: SkyWater Brings IonQ a Secure Onshore Supply Chain
SkyWater Brings IonQ a Secure Onshore Supply Chain Owning a trusted U.S. foundry accelerates our roadmap and secures our supply chain, from design to deployment. ITERATION & ROADMAP ACCELERATION MANUFACTURING CAPACITY ACCREDITED DOMESTIC STATUS • Own the iteration cycle for faster • Significantly ex
Slide 8: IonQ Powers the Entire Quantum Ecosystem
IonQ Powers the Entire Quantum Ecosystem As the industry’s merchant supplier and foundry partner, IonQ delivers the critical technologies every quantum company needs, strengthening U.S. and allied leadership MERCHANT SUPPLIER Atomic Clocks Quantum Sensors IonQ already supplies quantum clocks, sensor
Slide 9: The Q-Day Timeline has Compressed
The Q-Day Timeline has Compressed Improvements in quantum computing and error correction continue to reduce the estimated number of qubits required to break encryption. Q-Day is now estimated to be as soon as 2029 Four Orders of Magnitude Reduction in Physical Qubits Required to Break Encryption Sin
Slide 10: IonQ Provides the Complete Quantum-Safe Cybersecurity Stack
IonQ Provides the Complete Quantum-Safe Cybersecurity Stack QSPM (Quantum Security Posture Management) • Continuous visibility into quantum exposure and cryptographic risk • Identifies crypto debt, gaps, and priority corridors PQC (Post-Quantum Cryptography) • Standards-based quantum-safe algorithms
Slide 11: IonQ Has Unmatched Scale and Global Reach
IonQ Has Unmatched Scale and Global Reach Strengthening our position as the leading independent quantum platform company REVENUE CUSTOMERS INTELLECTUAL PROPERTY TALENT $280-290 Million 370+ 1,200+ Patents ~300 PhDs FY2026 Customers Served Granted and Pending And over 500 Revenue Guidance Worldwide 1
Slide 12: Q2 2026 Financial Highlights
Q2 2026 Financial Highlights 12 IonQ Q2 2026 Update Copyright © 2026 IonQ, Inc. All Rights Reserved.
Slide 13: Financial Highlights
Financial Highlights Strongest Quarter in the History of the Company 1 Reported revenue 20% above our own plan, and raising full-year guidance to $280 - $290 million Strong Organic Growth 2 The strongest driver of our performance this quarter, and on-track for 100% YoY organic growth in FY261 Broade
Slide 14: Q2 2026 Financial Results
Q2 2026 Financial Results Q2 2026 ($ in millions, except per share amounts) Quantum Computing Leadership Revenue $80.1 Global system deliveries, cloud usage growth and deepening YoY Growth 287% application layer partnerships Non-GAAP COR excl. D&A1 $44.8 Non-GAAP R&D1 $95.0 Non-GAAP M&S1 $17.0 Full-
Slide 15: Strong Second Quarter 2026 Revenue
Strong Second Quarter 2026 Revenue Q2 2026 Revenue FY 2026 Revenue Guidance ON TRACK TO GROW ORGANIC REVENUE BY 100% $280-290M $260-270M IN FY20261 $80.1M GROWTH SUPPORTED BY STRONG BACKLOG AND 287% TARGETED PIPELINE OPPORTUNITY $20.7M Q2 2025 Q2 2026 FY 2026 FY 2026 Guidance as of Guidance as of Ma
Slide 16: We Expect to Maintain High Growth Across our Business as our Revenue Scale Increases
We Expect to Maintain High Growth Across our Business as our Revenue Scale Increases Full-Stack Quantum Platform Quantum Computing Leadership Quantum Computing, Networking, Sensing and Security Revenue $280-290M Guidance Range $130.0M ~100% YoY organic growth expected1 $43.1M 80% YoY organic $22.0M
Slide 17: Strong Second Quarter Operational Stats Continue to Demonstrate the Maturity of our Business
Strong Second Quarter Operational Stats Continue to Demonstrate the Maturity of our Business I N T E R N A TI O N AL C O M ME R C I A L M U L T I - PR O D U C T RPO ~ 50% ~ 60% ~ 25% 297% revenue from revenue from revenue from year-over-year international markets commercial customers1 multi-product
Slide 18: Copyright © 2026 IonQ, Inc. All Rights Reserved.
Copyright © 2026 IonQ, Inc. All Rights Reserved.
Slide 19: GAAP and Non-GAAP Consolidated Statement of Operations
GAAP and Non-GAAP Consolidated Statement of Operations Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 Adjusted EBITDA Add- Non-GAAP Adjusted EBITDA Non-GAAP In thousands, except share and per share data As Reported Back Adjusted P&L As Reported Add-Back Adjusted P&L In thousands, ex
Slide 20: Reconciliation of GAAP and Non-GAAP Financial Measures
Reconciliation of GAAP and Non-GAAP Financial Measures Three Months Ended Six Months Ended June 30, June 30, In thousands, except share and per share data 2026 2025 2026 2025 Net income (loss) attributable to IonQ, Inc. $ (1,867,742) $ (176,838) $ (1,062,382) $ (209,090) Net income (loss) attributab