Rigetti and IonQ, two quantum computing companies with different strategies, are racing towards the goal of quantum advantage from opposite ends of the track.
Quantum computing company IonQ (NYSE:IONQ) announced better-than-expected revenue in Q2 CY2025, with sales up 81.8% year on year to $20.69 million. On top of that, next quarter’s revenue guidance ($27 million at the midpoint) was surprisingly good and 5.9% above what analysts were expecting. Its non-GAAP loss of $0.14 per share was in line with analysts’ consensus estimates.
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 7.1% in the afternoon session after an SEC filing revealed that Amazon has taken a $36.7 million equity stake in the quantum computing company. This strategic investment, disclosed in an SEC filing, is Amazon's first in a publicly traded quantum hardware company and solidifies IonQ's position as a key partner in the AWS Braket quantum cloud service. The move signals a strong vote of confidence from the cloud giant, aiming to accelerate the commercialization of quantum computing. The news amplifies existing positive momentum for IonQ, which recently reported second-quarter revenue that beat expectations and raised its full-year guidance. Further bolstering investor sentiment are recent comments from Microsoft's CEO, Satya Nadella, who called quantum computing the "next big accelerator in the cloud," underscoring the significant potential for industry leaders like IonQ, whose hardware is already available on major cloud platforms.
D-Wave's earnings weren't a complete home run, but the firm still gives investors plenty to be excited about—the problem is, so do other quantum companies.
This week, from August 4th to August 10th, 2025, marks a busy period in the second-quarter earnings season, with hundreds of companies across various sectors scheduled to report their financial results. These earnings calls are crucial events for investors, analysts, and the broader market, as they provide insights into corporate
