IQM Quantum Computers Plc (Nasdaq: IQMX; Nasdaq Helsinki: IQMX.HE) has released its financial results for the first half (H1) and second quarter (Q2) ended June 30, 2026. This release marks IQM’s inaugural earnings report following its dual-listing milestone in July 2026 as the first European pure-play quantum computing company on Nasdaq and Nasdaq Helsinki. To support tracking alongside US peers, the table below displays the raw reported Euros (€) figures alongside their approximate United States Dollars (USD) equivalents based on an exchange rate of €1.00 = $1.15 USD. | Amounts in €M (except per share) | Q2 2026 (€) | Q2 2026 (USD) | Q2 2025 (€) | H1 2026 (€) | H1 2026 (USD) | H1 2025 (€) | % YoY (H1 €) | | Revenue | €6.68 | $7.68 | €5.23 | €8.87 | $10.20 | €6.03 | +47.0% | | Gross Profit | €3.06 | $3.52 | €2.08 | €3.60 | $4.14 | €2.41 | +49.7% | | Operating Expenses | €35.54 | $40.87 | €17.62 | €67.30 | $77.40 | €34.98 | +92.4% | | Operating Loss | (€30.90) | ($35.54) | (€14.95) | (€60.54) | ($69.62) | (€31.64) | +91.3% | | Net Loss | (€36.55) | (€42.03) | (€15.01) | (€74.90) | ($86.14) | (€34.58) | +116.6% | | Cash and Short-Term Investments | — | — | — | €118.88* | $136.71* | €147.42 (12/31/25) | -19.4%* | *Note: Cash and Short-Term Investments as of June 30, 2026, includes €113.42M in cash and cash equivalents plus €5.46M in current other financial assets. Sequentially, this is compared to the December 31, 2025 baseline (€146.54M cash + €0.88M short-term financial assets = €147.42M). Following the post-period close of the business combination on July 1, 2026, IQM’s pro-forma cash balance expanded to €309.4M ($337.2M USD). Financial