IonQ completed its all-stock acquisition of cybersecurity firm Elisity, issuing approximately 32.2 million shares valued at roughly $1.15 billion as closing consideration, with potential earn-out shares worth up to an additional $150 million based on revenue milestones through January 2028. Concurrently, the company reported third-quarter revenue of $173.8 million, a 336% year-over-year increase, and raised its full-year 2026 revenue guidance to between $505 million and $515 million. The acquisition integrates Zero Trust security capabilities with IonQ's existing post-quantum cryptography and quantum key distribution solutions. IonQ operates as a full-stack quantum computing platform and foundry.
