In its first financial report as a public company, IQM Quantum Computers announced second quarter revenue of €6.7 million, a 28% increase year-over-year, driven by sales of on-premise quantum computers. The company reported a loss per share of €1.18 for the quarter. A key indicator of future growth, the company's order backlog stood at €69.1 million at the end of the period and has since grown to over €102.1 million. IQM initiated full-year 2026 revenue guidance of €42 million to €47 million.
Key Highlights
- Second quarter revenue grew 28% year-over-year to €6.7 million, attributed to higher sales and delivery of quantum computer systems.
- The total order backlog surpassed €102.1 million as of August 3, 2026, a significant increase from €69.1 million at the end of the second quarter.
- The second quarter operating loss widened to €30.9 million from €15.0 million in the prior-year period, primarily due to higher R&D spending and one-off costs related to its public listing.
- IQM confirmed its full-year 2026 revenue guidance of €42 million to €47 million, supported by the strong backlog.