Catalyst calendar

The repricing schedule is mostly public if you actually look at it.

August 2026

  • 12EarningsIONQIonQ Q2 2026 earningsFirst test of whether IonQ's raised $260-270M FY2026 guidance and record $470M RPO convert into organic revenue rather than acquisition accounting — the cohort's bellwether print.

November 2026

  • 30ProgramDARPA Quantum Benchmarking Initiative Stage B-to-Stage C decisionsDARPA's verdict on which of the 11 Stage B roadmaps (including IonQ and Quantinuum) are credible for utility-scale by 2033 is the closest thing to a government-graded falsification test — advancement or exclusion forcibly reprices each platform's credibility, as Rigetti's initial Stage B miss showed.

December 2026

  • 08ConferenceQ2B26 Chicago (with Chicago Quantum Summit), Dec 8-10The industry's flagship commercial conference is where pure-plays historically drop roadmap updates, fidelity records, and enterprise deal announcements that move the whole listed basket.