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IonQ insider sells shares amid significant revenue growth
IonQ insider John Raymond sold 2,407 shares of the company on September 10th at an average price of $37.21, totaling approximately $89,564. This transaction reduced his ownership by 3%, leaving him with 77,741 shares.
Despite the insider sale, IonQ recently reported quarterly revenue of $80.05 million, a 286.7% increase year-over-year, which exceeded analyst estimates. The company's adjusted loss per share was $0.33, performing better than the expected $0.56. However, the firm remains unprofitable with a negative net margin.
In the broader high-performance computing sector, Cerebras Systems is also noted for its focus on AI training hardware. Cerebras reported revenue of nearly $510 million in 2025, though it faced losses in 2026 due to technology scaling investments.