IQM Quantum Computers Oyj stock has been under pressure, with the share price down about 34% over the past month. Yet the latest results will likely keep long term investors focused on one thing. The quantum hardware specialist is still burning cash and reporting heavy losses, and that loss widened year on year in euro terms. Q2 revenue reached €6.683 million, which keeps the growth story alive, but the net loss of €36.554 million underlines how much capital this model still absorbs. The headline is simple: the market has already marked IQM down, and this quarter reinforces that the main story is a sizeable and persistent loss profile rather than short term revenue beats. Is IQM Quantum Computers Oyj now pricing in years of heavy losses, or is the recent share price drop overshooting the fundamentals? Compare the market reaction with our valuation analysis for IQM Quantum Computers Oyj Q2 2026 Earnings Summary Revenue, Q2 2026 vs. Q2 2025: €6.683 million vs. €5.233 million (higher revenue in the latest quarter) Net Loss, Q2 2026 vs. Q2 2025: €36.554 million loss vs. €15.005 million loss (loss widened year on year) Basic EPS, Q2 2026 vs. Q2 2025: €1.18 loss per share vs. €0.49 loss per share (larger loss per share year on year) Trailing 12 Month Net Loss, to Q2 2026 vs. to Q4 2024: €94.711 million loss vs. €54.105 million loss (heavier loss over the latest twelve month period) Prefer clear visuals instead of another dense wall of financial figures and earnings commentary? See IQM Quantum Computers Oyj's full financial picture with an at-a-glance view of its balance sheet inside our company report for IQM Quantum Computers Oyj. IQM’s growth story versus rising cash burn For bullish investors, IQM Quantum Computers Oyj is still leaning into the growth story. Q2