IonQ Inc. posted impressive first-quarter results, with revenue hitting $64.7 million, marking a staggering 755% increase from the previous year and surpassing the company's guidance by 30%. Net income reached $805.4 million, translating to $2.19 per share. The company raised its full-year 2026 revenue forecast to $260-270 million and reported a remaining performance obligation (RPO) of $470 million, up by 554% year-over-year. However, IonQ remains unprofitable on an adjusted EBITDA basis despite these strong numbers. The stock is seeing significant movement following the earnings release.