Skip to research
stock3dby Fynca
Explore in 3D

COMPANY RESEARCH / IONQ

IonQ

Trapped-ion quantum computers; owns the SkyWater foundry

Published by FyncaResearch checked How we research

Where it fits in a quantum computer

Builds and sells trapped-ion quantum computers on premises and through AWS Braket, Microsoft Azure Quantum and Google Cloud Marketplace; Q2 2026 revenue was $80.1 million (quantum hardware $46.5 million), driven by Tempo deployments, and full-year guidance was raised to $280–290 million (Aug 5, 2026). It acquired Oxford Ionics (electronic qubit control on chips, Sept 16, 2025), Lightsynq, about 91% of ID Quantique, Capella Space, Vector Atomic, Skyloom and Nexus Photonics, and on July 31, 2026 completed the roughly $1.8 billion acquisition of SkyWater Technology, a U.S. semiconductor foundry that D-Wave’s 10-K names as the maker of its superconducting QPU wafers.

What the evidence establishes

Quantum-computing evidence

Disclosed: IonQ’s Q2 2026 10-Q and results release give revenue, the 2025–2026 acquisitions and the SkyWater closing; D-Wave’s 2025 10-K names SkyWater as its wafer foundry.

An explicit quantum-computing product, design-in, supply role, program or partnership, such as a part sold for quantum computers or a named quantum-computer customer. For a maker, it means the company’s own quantum computers or processors. This does not establish revenue, market share, volumes or future sourcing.

Listed as a quantum-computer maker for its own systems, not as a supplier of the parts inside.

Component roleTrapped-ion quantum computers; owns the SkyWater foundry
EvidenceDisclosed: IonQ’s Q2 2026 10-Q and results release give revenue, the 2025–2026 acquisitions and the SkyWater closing; D-Wave’s 2025 10-K names SkyWater as its wafer foundry.
How we knowDisclosed The company’s own filing, release, annual report, product page or investor record describes the quantum-computing role. Where customers are unnamed, the listing says so.
Primary sourceIonQ — supporting disclosure
Company or official disclosure; vendor claims are attributed to their source.
Checked. This is the research review date, not the source publication or quote time.

Keep in perspective

IonQ’s own machines use trapped ions, not the illustrated superconducting chip; the chip link rests on SkyWater’s foundry work for D-Wave, and whether that supply continues under IonQ ownership is not disclosed. Revenue mixes computing with networking, sensing, security and satellite businesses, the H1 2026 loss from operations was $608.8 million, and the 256-qubit system is a roadmap goal.

Specialist business exposure. This describes the breadth or role of the business; it is not an investment rating. A quantum-computing product, design-in or partnership does not by itself establish material quantum revenue, market share, or future returns.

Connections to the assembly

These links explain the technology relationship. The model is illustrative and does not represent an actual manufacturer’s bill of materials.

Qubit chip

A silicon die patterned with about a hundred superconducting transmon qubits, the tunable couplers between them and a readout resonator for each. The quantum state lives in these circuits.

Scope of the company links: The qubit die. Makers that design and fabricate their own superconducting chips come first: IBM (Nighthawk links 120 qubits with 218 tunable couplers; wafers made at a 300 mm facility in Albany, where its company Anderon runs a pure-play quantum wafer foundry), Google (105-qubit Willow from its Santa Barbara fab), Rigetti (Fab-1, chiplet-based Cepheus systems, Novera QPUs sold to others), IQM (chips from its own clean room), D-Wave (superconducting annealing QPUs whose wafers SkyWater makes), AWS (the Ocelot cat-qubit prototype) and Fujitsu (a 256-qubit chip co-developed with RIKEN). IonQ is mapped only because it has owned SkyWater, D-Wave’s wafer foundry, since July 31, 2026. GlobalFoundries (a quantum foundry business launched in May 2026 with photonic, ion-trap and spin-qubit partners, developing superconducting processes) and STMicroelectronics (Quobly’s silicon spin-qubit devices in Crolles) are foundries, and Intel’s 12-qubit Tunnel Falls is a silicon spin chip. Trapped-ion, neutral-atom and photonic machines use different hardware and sit under makers. QuantWare, Oxford Quantum Circuits, Quobly and Qolab are private; research fabs such as imec and MIT Lincoln Laboratory are not companies and are not mapped.

Related research

Companies with overlapping sector exposure. Their products and evidence may differ; this is not a list of equivalent investments.

Suggest a correction · Research and market-data disclosures