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 Source: GlobeNewswire IQM Quantum Computers Plc, Stock Exchange Release, Half year financial report August 4, 2026 at 08:00 (EEST) ESPOO, FINLAND | August 4, 2026 | IQM Quantum Computers Plc (Nasdaq: IQMX) (“IQM”, “IQM Quantum Computers” or the “Company”), a global leader in full-stack superconducting quantum computers, today announced its financial results for the first half and second quarter of 2026, ended on June 30, 2026. First Half and Year to Date 2026 Financial Highlights - Order backlog of EUR 69.1 million as of June 30, 2026 - EUR 33.0 million added to backlog since June 30, 2026, bringing total order backlog to over EUR 102.1 million as of August 3, 2026 - Total revenues for the six months ended June 30, 2026, were EUR 8.9 million - Operating loss for the six months ended June 30, 2026, was EUR 60.5 million - Cash Balance of EUR 309.4 million as of July 2, 2026, inclusive of listing proceeds - 2026 Financial Outlook: - Full-Year New Order Intake Target: EUR 65 million to EUR 75 million - Full-Year 2026 Revenue Target: EUR 42 million to EUR 47 million First Half and Year to Date 2026 Operational Highlights - Expansion into several new markets, including Japan and Spain, through new customer wins and customer engagements - 17 systems in total delivered globally to customers since founding, with 26 total systems sold - Notably, first US delivery to US Department of Energy's Oak Ridge National Laboratory in Tennessee in June 2026 - Strong new sales momentum with a landmark deal announced with CSC, where IQM was selected to integrate a quantum computer into
IQM <b>Quantum Computers</b> Reports First Earnings as Public Company, Reporting ...
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