IQM Quantum Computers Reports First Earnings as Public Company, Reporting First Half and Second Quarter 2026 Results, and Initiates FY 2026 Guidance Supported by Over EUR 102 million Order Backlog Rhea-AI Summary IQM Quantum Computers (Nasdaq: IQMX) reported its first results as a public company for the first half of 2026. Total revenues for the six months ended June 30, 2026 were EUR 8.9 million, with an operating loss of EUR 60.5 million. Order backlog was EUR 69.1 million at June 30, 2026, and increased by EUR 33.0 million to exceed EUR 102.1 million by August 3, 2026. IQM reported a cash balance of EUR 309.4 million as of July 2, 2026, including listing proceeds, which the company said provides runway into the second quarter of 2028. For full-year 2026, IQM targets new order intake of EUR 65–75 million and revenue of EUR 42–47 million. Since founding, 26 full-stack quantum computers have been sold and 17 delivered globally. The company highlighted more than EUR 40 million invested to double cleanroom capacity, new market entries in Japan and Spain, and collaborations with partners including CSC, NVIDIA, HPE and Oak Ridge National Laboratory. Positive - Order backlog >EUR 102.1 million after EUR 33.0 million added post-June 30, 2026 - Cash balance EUR 309.4 million as of July 2, 2026, including listing proceeds - Full-year 2026 revenue guidance of EUR 42–47 million issued - New order intake target of EUR 65–75 million for full-year 2026 - More than EUR 40 million invested to double proprietary fab cleanroom capacity - 26 full-stack quantum computers sold, with 17 delivered to customers globally Negative - Operating loss EUR 60.5 million for the six months ended June 30, 2026 News Explained The release clarifies that the Key Figures Historical Context | Date | Event | Sentiment |