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IQMX · NASDAQ · Computer Hardware

IQM Quantum Computers (ADR)

Builds superconducting quantum computers, cloud access and HPC services for research institutions and enterprises.

$10.88

After-hours close+0.34 (+3.21%)

At close$10.55(−2.45%)

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Profile

IQM Quantum Computers OyjIQMXInformation Technology

Builds and sells customer-owned superconducting quantum computers, cloud access, and HPC, support and application services for research and enterprise users. The vertically integrated business serves largely public-sector buyers and depends on converting complex system deliveries into revenue.

Designs and installs full-stack superconducting quantum computers for universities, research institutions, national laboratories, high-performance-computing centers and enterprises. Its portfolio spans IQM Spark for teaching and early experimentation, the upgradeable IQM Radiance on-premises platform, and IQM Halocene for quantum-error-correction research; IQM Resonance offers managed cloud access.

Earns revenue from system contracts, installations and upgrades, maintenance, training, cloud usage, and integration and application services. Customers across Europe, Asia-Pacific, North America and the Middle East can own and operate systems while retaining control of infrastructure and the intellectual property developed on them.

Integrates chip design, superconducting-chip fabrication, packaging, system assembly and quantum-data-center operations, alongside classical-HPC connectivity. Execution depends on technical reliability, specialized components and cryogenic systems, public-sector procurement, manufacturing and installation capacity, software-asset integration, and U.S. and Finnish public-company, privacy and cybersecurity obligations.

Company facts

CEOJan Goetz

ListedJul 2, 2026

ExchangeNASDAQ

HeadquartersEspoo, Finland

CountryFinland

Employees389

CIK0002113060

ISINUS4629211073

Key statistics

Market cap$2.23B

EPS (ttm)−$2.71

P/E (ttm)−3.90

ROE-45.7%

P/B1.57

P/S173.26

Dividend yield—

Beta—

Year to date −10.6% · Average volume (30d) 343.2K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate—

Reported−$1.37

Revenue

Estimate—

Reported$7.7M

History

Report date	EPS est	EPS	Surprise	Revenue est	Revenue	Surprise	Next session
Aug 4, 2026Q2 FY26	—	−$1.37	—	—	$7.7M	—	−3.50%

View details

Financial highlights

	—	—	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
Revenue	—	—	$0	$0	$5.1M	$7.8M
Gross profit	—	—	$0	$0	$2.1M	$3.6M
Operating income	—	—	−$121.7K	−$103.6K	−$35.0M	−$37.8M
Net income	—	—	$1.7M	$1.6M	−$43.3M	−$42.5M
Diluted EPS	—	—	$0.06	$0.05	−$1.44	−$1.38
Gross margin	—	—	—	—	40.6%	45.8%
Operating margin	—	—	—	—	-682.5%	-486.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $135.8M · Total debt $32.7M · Total assets $289.7M · Shareholders' equity $208.3M

Dividends

No dividends on record.

Ownership

Institutions —Insiders —

Shares outstanding 210.99M · Float 248.8K · 0.1% free float

Insider tradesForm 4

Nothing filed in the last 12 months.