It was the sixth consecutive record quarter. IonQ Platform revenue rose 127% to $90.3 million, driven by global deployments of its Tempo computers, and its SkyWater foundry services contributed $83.5 million. The company expects quantum computing revenue to grow 110% this year.
The company reported net income of $564 million, reflecting a noncash change in the value of warrants, and an adjusted EBITDA loss of $133.6 million. CEO Niccolo de Masi noted that it advanced to Stage C of DARPA's Quantum Benchmarking Initiative, with a potential program value of up to $300 million, and that Nvidia will deploy a Superion 256 system as the first on-premise quantum computer at its research center.
New agreements include a $33 million contract with SDT, a $25 million contract with Florida International University, and a $28 million contract through DARPA to deliver 25 optical atomic clocks, with a $30 million option for 100 more units.