IonQ, Inc. (IONQ) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to the IMQ first quarter 2025 earnings call. All participants will be in listen-only mode. Should you need assistance, please send to a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then two. Please note, this event is being recorded. But now I turn the conference over to our host today, Jessica Hawken-Allen. Ma'am, please go ahead. Good afternoon, everyone, and welcome to IonQ's first quarter 2025 earnings call. My name is Jessica Hawken-Allen, and I am a member of the investor relations team here at IonQ. I'm pleased to be joined on today's call by Niccolo DeMasi, IonQ's chief executive officer, Peter Chapman, our executive chairman, Thomas Kramer, our chief financial officer, Jordan Shapiro, our president and general manager of quantum networking, and Dean Kastman, our Senior Vice President of Engineering and Technology. By now, everyone should have access to the company's first quarter 2025 earnings press release issued this afternoon, which is available on the investor relations section of our website at investors.ionq.com. Please note that on today's call, management will refer to the adjusted EBITDA, which is a non-GAAP financial measure. While the company believes this non-GAAP financial measure provides useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. You are directed to our press release for a reconciliation of adjusted EBITDA to its closest comparable GAAP measure. During the call...