IonQ (IONQ) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter increased compared to the prior quarter, and also rose relative to the same quarter a year ago. The company continues to report higher revenue on a trailing twelve‑month basis.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter increased compared to the prior quarter, and also rose relative to the same quarter a year ago. The company continues to report higher revenue on a trailing twelve‑month basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.5M
Revenue reported for this quarter.
Quarter-over-quarter
+28.7%
Change from the immediately preceding quarter.
Year-over-year
+111.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.4M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $2.8M | +1085.8% |
| Dec 31, 2022 | $3.8M | +131.0% |
| Mar 31, 2023 | $4.3M | +119.4% |
| Jun 30, 2023 | $5.5M | +111.5% |
Revenue performance
Revenue in the reporting period was higher than in the immediately preceding quarter, reflecting continued sequential growth.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was substantially higher, extending the year‑over‑year improvement seen in recent periods.
What to watch
Monitor whether revenue growth can be sustained in coming quarters given the company's early‑stage profile.