IonQ Reports Quarterly Revenue Growth as Rigetti and D-Wave Update Guidance
Public quantum computing vendors release quarterly figures and outlooks as enterprise pilots expand. IonQ, Rigetti, and D-Wave detail revenue, bookings, and cash positions, while Accenture’s latest earnings call highlights rising demand for quantum-related services.
Executive Summary
- IonQ reports higher quarterly revenue and reaffirms full-year guidance, citing strong bookings momentum and enterprise demand for quantum AI workloads (IonQ investor relations).
- Rigetti Computing posts mixed top-line results and updates its cash runway and commercialization milestones, emphasizing hybrid quantum machine learning use cases (Rigetti IR).
- D-Wave Quantum details quarterly revenue and pipeline growth from annealing-based solutions adopted in optimization and AI inference workflows (D-Wave IR press releases).
- Accenture Q1 FY26 earnings highlight expanding client engagements in AI and quantum services, with total quarterly revenue above $16 billion (Accenture newsroom).
- Analysts describe a bifurcated landscape: modest revenue today but rising bookings and multi-year contracts, reflected across recent investor updates and filings (Gartner research).
Quarterly Results Snapshot: IonQ IonQ said quarterly revenue increased on a year-over-year basis, supported by higher services and access fees, and reaffirmed full-year revenue expectations in the low tens of millions of dollars, according to recent investor materials (IonQ investor relations). Management noted bookings growth tied to algorithmic qubit improvements and expanding enterprise pilots in financial services and manufacturing, aligning with its commercialization strategy (IonQ news).
The company highlighted continued strength in backlog and multi-year contract commitments, suggesting revenue visibility over the next several quarters (IonQ quarterly results). IonQ’s cash position, disclosed in its latest filings, provides runway for hardware scaling and cloud delivery, with analysts estimating several years of liquidity based on operating burn and capital plans (SEC filings; Reuters technology coverage).
Rigetti and D-Wave: Mixed Top-Line, Pipeline Signals Rigetti reported quarterly revenue in the low single-digit millions, reflecting ongoing commercialization and hybrid workloads that pair QPUs with classical ML pipelines (Rigetti investor updates...