The Company’s revenue disaggregated by revenue source is as follows (in thousands):


	Three Months Ended September 30,
	2026						2025
	IonQ Platform		SkyWater Foundry Services		Total		IonQ Platform		SkyWater Foundry Services		Total
Quantum hardware	$	52,935	$	—	$	52,935	$	21,584	$	—	$	21,584
Quantum services		37,380		—		37,380		18,282		—		18,282
Quantum foundry and advanced technologies		—		29,759		29,759		—		—		—
CMOS foundry		—		53,757		53,757		—		—		—
Total revenue	$	90,315	$	83,516	$	173,831	$	39,866	$	—	$	39,866


	Nine Months Ended September 30,
	2026						2025
	IonQ Platform		SkyWater Foundry Services		Total		IonQ Platform		SkyWater Foundry Services		Total
Quantum hardware	$	135,322	$	—	$	135,322	$	39,673	$	—	$	39,673
Quantum services		99,711		—		99,711		28,453		—		28,453
Quantum foundry and advanced technologies		—		29,759		29,759		—		—		—
CMOS foundry		—		53,757		53,757		—		—		—
Total revenue	$	235,033	$	83,516	$	318,549	$	68,126	$	—	$	68,126

The Company’s revenue disaggregated by customer location is as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
United States	$	136,311	$	28,742	$	215,048	$	49,748
Other international		37,520		11,124		103,501		18,378
Total revenue	$	173,831	$	39,866	$	318,549	$	68,126

As of September 30, 2026, approximately $1,168.0 million of revenue is expected to be recognized from remaining performance obligations that are unsatisfied (or partially unsatisfied), including both funded (firm orders for which funding has been both authorized and appropriated by the customer) and unfunded (firm orders for which funding has not been appropriated) orders. Unexercised contract options are not included in remaining performance obligations until the time the option is exercised. The Company expects approximately 50% of the remaining performance obligations to be recognized as revenue within the next twelve months.

Contract liabilities consist of unearned revenue and represent cash payments received or contracted billings recorded for which the performance obligations were not satisfied as of the end of the period. The change in unearned revenue for the nine months ended September 30, 2026, primarily relates to such cash payments received or contracted billings recorded, as well as the addition of unearned revenue through acquisitions, partially offset by revenue recognized. The Company recognized revenue of $41.4 million and

$10.2 million, for the nine months ended September 30, 2026 and 2025, respectively, that related to the unearned revenue balances as of the beginning of each year.