+ Bonus + Equity
A few days per week may be worked remotely; travel is required up to 25% domestically.
IonQ sells quantum computing through cloud access and on-site systems that use trapped-ion qubits. Its processors, such as Forte and Tempo, are accessed by customers via cloud platforms or deployed on customer sites, and the company is expanding into quantum networking, quantum key distribution, and sensing through acquisitions and a SkyWater Technology deal. It differentiates itself with trapped-ion technology and by building a broader quantum ecosystem through strategic acquisitions and partnerships to connect devices and services beyond hardware alone. Its goal is to scale commercial quantum computing, grow revenue, and strengthen its cash position to support ongoing expansion and ecosystem development.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
College Park, Maryland
Founded
2015
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Biweekly catered lunches
Parental leave
Health, vision, & dental insurance
Flexible time off
401(k) with 5% match
University facilities
Commuter benefits
Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025
Investors seeking financial stability often look to companies with more cash than debt, as these businesses have greater flexibility for growth investments, buybacks, and dividends. Intuitive Surgical holds $5.22 billion in net cash. The robotic surgery pioneer achieved 20.7% annual revenue growth over the past two years, whilst its earnings per share increased 17.4% annually over five years. IonQ maintains $2.06 billion in net cash, representing 14.1% of its market capitalisation. The quantum computing company posted 181% annual revenue growth over two years and expects 163% growth next year. Accenture has $1.78 billion in net cash. The professional services firm employs approximately 774,000 people across more than 120 countries. Companies with strong balance sheets can navigate uncertain markets whilst pursuing expansion opportunities without the burden of significant debt obligations.
IonQ is positioning itself as a leading pure-play quantum computing investment as the industry accelerates towards viability, with timelines moving from 2030 to 2029. The company distinguishes itself through trapped-ion quantum computing technology, which prioritises accuracy over the speed-focused superconducting techniques used by competitors like Alphabet, Microsoft, and IBM. IonQ reported 287% year-over-year revenue growth, with management projecting 100% organic growth for the year. While legacy tech giants possess greater resources, their quantum computing divisions would have minimal impact on overall financials. IonQ's survival depends entirely on developing viable quantum computing products, creating significant risk but potentially substantial upside for investors. The company's focus on accuracy addresses the primary barrier preventing quantum computing's current commercial availability.
IonQ CEO Niccolo de Masi said a 2,000-qubit quantum computer could break Bitcoin's elliptic-curve encryption in under 26 days. Speaking on CNBC, he reiterated 2028 as his expectation for "Q-Day", when quantum machines will threaten current public-key standards. De Masi noted the timeline has compressed significantly. A year ago, experts thought Q-Day would occur in the 2030s, but now understand it will happen in the 2020s. IonQ's CFO warned that financial services is waking up to the reality that encryption protocols securing Bitcoin wallets may be broken. De Masi acknowledged IonQ sells quantum security solutions whilst raising the alarm. The company just launched a quantum key distribution product aimed at protecting fibre networks. IonQ reported second-quarter revenue of $80.1 million, up 287% year over year.
IonQ and Congruity360 have announced an $8.18 million agreement to enhance quantum-safe data protection, marking one of the largest commercial quantum security deals in the United States. Under the partnership, Congruity360 will integrate IonQ's quantum key distribution and post-quantum cryptography appliances into its enterprise data management platform. The collaboration responds to a June 2026 White House executive order that moved federal post-quantum security deadlines forward to 2030 and extended requirements to contractors. IonQ will provide its Clavis QKD pairs and Solteris Network Appliances to protect sensitive data for Congruity360's clients across finance, healthcare, insurance, legal services, manufacturing, defence, and higher education sectors. The deal extends IonQ's quantum-safe network deployments, following earlier initiatives including a statewide network with Florida LambdaRail and upgrades in Switzerland with Cisco.