Insider Brief
IQM reaffirmed its 2026 financial outlook after reporting first-half results, highlighting an order backlog that exceeded €102 million following its recent Nasdaq listing despite continued operating losses.
The company reported first-half revenue of €8.9 million, an operating loss of €60.5 million and a cash balance of €309.4 million following proceeds from its public listing.
IQM expanded its commercial and technical footprint during the first half by delivering its first quantum computer to the U.S. Department of Energy’s Oak Ridge National Laboratory, announcing new customer wins, increasing manufacturing capacity and advancing quantum error-correction research.
IQM Quantum Computers said its public listing has strengthened its financial position and allowed it to reaffirm its 2026 outlook, according to a statement from the company.
