IonQ, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
IonQ, Inc. - overview
Established
2015
Location
College Park, MD, US
Primary Industry
Hardware
About
IonQ, Inc. is a US-based developer of advanced quantum computing systems, focusing on trapped ion technology to drive high-performance computing solutions for businesses and research institutions. IonQ, Inc. , founded in 2015 in College Park, US, specializes in quantum computing systems.
The company was formed through the collaboration of founders Christopher Monroe and Jungsang Kim. In May 2026, IonQ, Inc. received USD 500,000 in grant funding from Business Oregon. IonQ specializes in trapped ion quantum computing systems, offering products such as the IonQ Aria and IonQ Forte.
The Aria system features 25 fully connected algorithmic qubits, while the Forte system is designed for larger problems with 36 qubits. These systems cater to high-impact applications in areas like carbon sequestration, drug discovery, and battery material enhancement. Their revenue model primarily revolves around B2B engagements, where clients access quantum systems through subscription agreements or pay-as-you-go models. IonQ, Inc.
aims to leverage the USD 500,000 received in the May 2026 funding round to upgrade facilities, develop its workforce, and expand manufacturing and production capacity for quantum computing. The company is focused on enhancing its research and development for the next three generations of quantum computing systems. Additionally, plans are underway to explore new geographic markets, specifically targeting expansion into Europe and Asia by 2023.
Current Investors
New Enterprise Associates, GV, OUP (Osage University Partners)
Primary Industry
Hardware
Sub Industries
Computer & Related Peripherals
Website
www.ionq.com
Verticals
Cloud Computing, Manufacturing
Total Amount Raised
Subscriber access only
IonQ, Inc. - timeline of key events
IonQ, Inc. - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue (USD) | - | 2,099 | 11,131 | - | - | - |
| % Revenue Growth (YoY) | - | - | 430.3% | - | - | - |
| EBITDA (USD) | (659,837) | (35,611) | (80,142) | - | - | - |
| Operating Income (USD) | (659,837) | (38,687) | (85,746) | - | - | - |
| Operating Margin | - | (1843.1%) | (770.3%) | - | - | - |
| % EBITDA Margin | - | (1696.6%) | (720.0%) | - | - | - |
| NET Income (USD) | (629,272) | (106,186) | (48,511) | - | - | - |
| % Net Margin | - | (5058.9%) | (435.8%) | - | - | - |
IonQ, Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.