The broader market also supported the move. The Nasdaq gained 0.82%, the S&P 500 rose 0.53% and the Technology sector advanced 0.87%.

Q2 Earnings Beat Drives Optimism

IonQ reported second-quarter revenue of $80.1 million, topping analyst estimates of $49.74 million.

The company also raised its full-year 2026 revenue guidance to $280 million-$290 million from $260 million-$270 million, citing continued organic growth in its quantum computing business.

The quarter also marked a strategic milestone as IonQ completed its acquisition of SkyWater Technology and advanced testing of its 256-qubit quantum system, further expanding its hardware capabilities.