IQM reports 47% revenue growth in H1 2026
Revenue rises to EUR 8.9 million but operating loss widens to EUR 60.5 million; order backlog reaches EUR 69.1 million and cash totals EUR 113.4 million.
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Full-stack superconducting quantum computer developer
iqm.techLast updated
In short: IQM completed its Nasdaq SPAC listing, secured major global orders, and reported widening losses with a growing backlog.
Revenue rises to EUR 8.9 million but operating loss widens to EUR 60.5 million; order backlog reaches EUR 69.1 million and cash totals EUR 113.4 million.
The IPO provides capital to solve manufacturing challenges and lead the industry rather than importing finished products.
Revenue reached EUR 8.9M, backlog was EUR 69M before a new sale lifted it to EUR 102M, and cash stood at EUR 309M after its July 2 listing.
The 150-qubit system arrives in 2027, integrated into LUMI AI Factory, funded by EuroHPC with value matching IQM's 2025 revenue.
July 1, 2026 — IQM Quantum Computers Plc on February 22, 2026 entered into a definitive business combination agreement with Real Asset Acquisition Corp. (RAAQ...
The upgrade path contains three stages from IQM's Halocene product line to enable a logical qubit system. The quantum computer, as part of the LUMI...
IQM Quantum Computers (Nasdaq: IQMX) today announced its upgrade path for a logical-qubit-capable quantum computer. The deployment to the LUMI AI Factory, led by CSC...
IQM Quantum Computers launches with a dual stock exchange listing in New York and Helsinki. The order backlog grows to 102 million euros, while the sector benefits from billions in funding.
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