IonQ, Inc. (IONQ) Earnings Summary
IONQ Earnings Beat Rate & Surprise History
IonQ, Inc. (IONQ) has beaten EPS estimates in 4 of its last 9 reported quarters (+44%), and beaten revenue estimates in 9 of 9 (+100%).
On balance, analysts have tended to roughly track IONQ's earnings. It is currently on a 1-quarter EPS miss streak. The stock has averaged +7.2% the trading day after an EPS beat (positive 67% of the time) and +3.8% after a miss. The average EPS surprise runs -93.0%, with the biggest beat at +549.1% and the biggest miss at -814.5%.
How often IONQ has cleared Wall Street's bar, for EPS and revenue separately, companies can beat one and miss the other. See how analysts are rating it now →
Based on 8 quarters where a report date lines up with price history on record. Reaction day is determined from report timing, for after-market-close (AMC) reports, the reaction shows up the next trading day; for before-market-open (BMO) reports, it's the report day itself.
| Result | Next day | 5 trading days | 20 trading days |
|---|---|---|---|
| EPS beat | +7.2% (67% pos, n=3) | +9.4% (100% pos, n=3) | +10.2% (67% pos, n=3) |
| EPS miss | +3.8% (40% pos, n=5) | +4.3% (40% pos, n=5) | +26.6% (50% pos, n=4) |
Average earnings-day move (either direction): +12.2%. Largest on record: +34.4%.
Every quarter with reaction data, side by side. Rows where the surprise direction and the stock's move disagree are highlighted.
| Quarter | Report Date | EPS Surprise | Rev Surprise | Next-Day Move |
|---|---|---|---|---|
| Q2 '26 | Aug 5, 2026 | -814.5% | +20.4% | -0.5% |
| Q1 '26 | May 6, 2026 | +549.1% | +30.0% | -9.3% |
| Q4 '25 | Feb 25, 2026 | +502.9% | +53.3% | +21.7% |
| Q3 '25 | Nov 5, 2025 | -714.1% | +47.7% | +3.6% |
| Q2 '25 | Aug 6, 2025 | -141.0% | +20.1% | -1.8% |
| Q1 '25 | May 7, 2025 | +45.8% | +0.8% | +9.3% |
| Q4 '24 | Feb 26, 2025 | -270.8% | +13.9% | -16.8% |
| Q3 '24 | Nov 6, 2024 | -13.1% | +17.4% | +34.4% |
A beat doesn't guarantee a rally, and a miss doesn't guarantee a drop, expectations already priced in can flip the reaction.
Beat/miss alone doesn't say how big, a company that beats by 0.1% every quarter behaves very differently from one that swings ±20%.
| Avg Surprise | Median | Largest Beat | Largest Miss | |
|---|---|---|---|---|
| EPS | -93.0% | -13.1% | +549.1% | -814.5% |
| Revenue | +26.1% | +20.4% | +53.3% | +0.8% |
More analysts covering a stock generally means more scrutiny and (often) tighter estimates.
Average surprise size by fiscal quarter, some businesses are just more predictable in certain quarters than others.
| Fiscal Quarter | Avg EPS Surprise | Avg Revenue Surprise | Years on Record |
|---|---|---|---|
| Q1 | +297.4% | +15.4% | 2 |
| Q2 | -312.1% | +24.0% | 3 |
| Q3 | -363.6% | +32.6% | 2 |
| Q4 | +116.0% | +33.6% | 2 |
Each quarter compared to the same fiscal quarter one year earlier, the standard way to strip out seasonality.
| Quarter | Report Date | EPS Growth | Revenue Growth |
|---|---|---|---|
| Q2 '26 | Aug 5, 2026 | -615.5% | +286.9% |
| Q1 '26 | May 6, 2026 | +1578.6% | +754.3% |
| Q4 '25 | Feb 25, 2026 | +319.4% | +428.5% |
| Q3 '25 | Nov 5, 2025 | -1332.0% | +221.5% |
| Q2 '25 | Aug 6, 2025 | -294.4% | +81.8% |
Objective, rule-based checks, not a subjective rating.
How often does IONQ beat EPS estimates?
IonQ, Inc. has beaten EPS estimates in 4 of its last 9 reported quarters, a +44% beat rate. The average surprise is -93.0%.
How often does IONQ beat revenue estimates?
IONQ has beaten revenue estimates in 9 of its last 9 reported quarters, a +100% beat rate.
How does IONQ's stock react to earnings?
Over 8 quarters with price data on record, IONQ has averaged +7.2% the trading day after an EPS beat (positive 67% of the time) and +3.8% after a miss (positive 40% of the time). It has also fallen despite beating both EPS and revenue in 1 instance(s), a reminder that a beat alone doesn't guarantee a positive reaction.
What is IONQ's biggest earnings surprise?
IONQ's largest EPS beat on record is +549.1%, and its largest EPS miss is -814.5%.
Is IONQ currently on an earnings beat or miss streak?
IONQ is on a 1-quarter EPS miss streak. Its longest beat streak on record is 2 quarters; its longest miss streak is 2 quarters.
Do analysts usually underestimate or overestimate IONQ?
Analysts have tended to roughly track IONQ's results, based on a +44% EPS beat rate over the last 9 reported quarters.
Every reported quarter on record, estimate vs. actual.
| Quarter | Report Date | EPS Est | EPS Actual | EPS Surprise | Revenue Est | Revenue Actual | Revenue Surprise | Analysts |
|---|---|---|---|---|---|---|---|---|
| Q2 '26 | Aug 5, 2026 | -$0.56 | -$5.08 | -814.5% | $66.47M | $80.05M | +20.4% | 7 |
| Q1 '26 | May 6, 2026 | -$0.46 | $2.07 | +549.1% | $49.75M | $64.67M | +30.0% | 6 |
| Q4 '25 | Feb 25, 2026 | -$0.51 | $2.04 | +502.9% | $40.38M | $61.89M | +53.3% | 7 |
| Q3 '25 | Nov 5, 2025 | -$0.44 | -$3.58 | -714.1% | $26.99M | $39.87M | +47.7% | 5 |
| Q2 '25 | Aug 6, 2025 | -$0.29 | -$0.71 | -141.0% | $17.23M | $20.69M | +20.1% | 4 |
| Q1 '25 | May 7, 2025 | -$0.26 | -$0.14 | +45.8% | $7.51M | $7.57M | +0.8% | 1 |
| Q4 '24 | Feb 26, 2025 | -$0.25 | -$0.93 | -270.8% | $10.28M | $11.71M | +13.9% | 2 |
| Q3 '24 | Nov 6, 2024 | -$0.22 | -$0.25 | -13.1% | $10.56M | $12.40M | +17.4% | 4 |
| Q2 '24 | — | -$0.22 | -$0.18 | +19.1% | $8.66M | $11.38M | +31.5% | 4 |