What move does the options market price into IonQ's report?

Implied ±9.8%, either direction.

How often does IonQ move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

IONQNYSEServices-Computer Integrated Systems Design

IonQ, Inc. (IONQ) earnings date, market-implied expected move, and options open interest by expiry

30.00

+1.83 · +6.50%

post 29.59 −1.37%

Closed19:58 ET

Open28.50Volume17.2MMkt cap$10.7BEPS-3.87

Day28.37 – 30.4459%52-wk25.89 – 73.658%

IONQ

IonQ, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.8%implied · straddle

8Q avg ±8.9%·×1.10·fair

25.4130.93

spot 28.17exp Nov 6ATM strike 28ATM straddle 3.25IV 137%

Nov 2 close

Expected move

Inputs

Next report

Today

after close

est.Q3 FY26

Calendar

Next report

Last report

−0.53%

vs ±12.3% implied · ×0.04

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

8hGOOGL · customerGoogle responds to political backlash over removing search from schools that ban AI
17hMSFT · customer5 questions to ask if your boss offers you a buyout, as Microsoft did with 60,000 employees
1dAMZN · customerBetterInvesting™ Magazine Update on Amazon.com and UnitedHealth Group

News

Largest filed tie

13F top-10 QoQ

+11.24%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

803 managers

Top fund weight

0.02%

IONQ weight · VTI

N-PORTJun 30 '26

2 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

IonQ (IONQ) is expected to report on Nov 4 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±10.5%
avg realized: ±8.9%

Feb 26 '25Feb 26 '25confirmed±15.1%▼−16.77%×1.11

May 7 '25May 7 '25confirmed±10.5%▲+9.27%×0.88

Aug 6 '25Aug 6 '25confirmed±9.7%▼−1.79%×0.18

Q3 FY25Nov 5 '25confirmed±8.9%▲+3.65%×0.41

Jan 26 '26Jan 26 '26confirmed±7.5%▼−8.21%×1.09

Q1 FY26Feb 25 '26confirmed±9.0%▲+21.70%×2.41

May 6 '26May 6 '26confirmed±10.6%▼−9.30%×0.88

Q2 FY26Aug 5 '26confirmed±12.3%▼−0.53%×0.04

quarterimplied−25%0+25%realized×

Q2 FY26±12.3%▼−0.53%×0.04

May '26±10.6%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Nov 3 close

0.96OI · 10 expiries · Nov 3 closeP/C open interest · Nov 6 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

27,820+5%Nov 62d29,118+18%

7,329+5%Nov 139d1.027,198+4%1.02

47,116+3%Nov 2016d0.6671,1010%0.66

2,526+3%Nov 2723d0.952,663+9%0.95

6—Dec 430d1.504—1.50

5 later expiries

568+87%Dec 1137d5.26108+116%5.26

50,307+1%Dec 1844d0.87

ExpiryPutsCallsP/C

Nov 62d27,820+5%29,118+18%0.96

Nov 139d7,329+5%7,198+4%1.02

Nov 2016d47,116+3%71,1010%0.66

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±9.8%

Funds 2

VTI±0.0%

VT±0.0%

Customers 2

AMZN±0.8%×0.09

MSFT±0.7%×0.07

Dashed = straddle · × = co-movement · max 501dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

−2334.29%as filednet margin · revenue +23.79% QoQ · +286.83% YoY

Revenue$80M+23.79%

Gross profit$20M24.91%+29.36%

Operating income−$337M−421.29%−24.21%

Pre-tax income−$1.9B−334.85%

Net income−$1.9B−2334.29%−332.24%

Cost of revenue$60M+22.04%

Operating expenses$357M+24.49%

Tax−$6M+4.94%

Other expense−$1.5B−243.72%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:45 ET

Intraday

Event sensitivity

GDP ×1.20· ±5.4% vs ±4.5% · 19 releases

eventrelease day|move|up · n×base

GDPgross domestic product±5.4%6 of 19×1.20

PPIproducer prices±5.3%3 of 10×1.17

FOMCrate decision±5.1%13 of 24×1.13

NFPjobs report±5.0%4 of 10×1.11

CPROFcorporate profits±5.0%4 of 12×1.11

PCEpersonal income & outlays±3.6%5 of 19×0.81

CPIconsumer prices±2.6%5 of 10×0.59

Bar = avg |move| to ±6% · tick = ±4.5% avg day · ×base = |move| ÷ ±4.5% · min 6 releases

Earnings history

EPS -5.08 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	-5.08	—
Q1 FY26	Feb 25 '26 · confirmed	2.07	—
Q3 FY25	Nov 5 '25 · confirmed	-3.58	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod