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IonQBuilds trapped-ion quantum computers sold via cloud and as on-prem hardware. The largest pure-play quantum company by revenue, with a customer base weighted toward government and system sales. Acquired Oxford Ionics in 2025.
2021-2025
| Target year | Physical qubits | Logical qubits |
|---|---|---|
| 2026 | 256 | |
| 2027 | 10,000 | |
| 2028 | 20,000 | 1,600 |
| 2030 | 2,000,000 | 80,000 |
2021 (est.)-2025 (IonQ EQC)
$IONQ
The largest pure-play quantum company by market cap and revenue, building trapped-ion systems (latest: Tempo) sold via cloud and as on-prem hardware. First quantum company to surpass $100M annual revenue (FY2025 ~$130M, heavily government and system sales). Acquired Oxford Ionics in 2025.