IQM Quantum Computers revenue hits €8.9 million

• IQM Quantum Computers reported its first financial results as a public company, posting EUR 8.9 million in revenue and an operating loss of EUR 60.5 million for the first half of 2026.
• The company increased its order backlog to EUR 69.1 million at the end of June, which further expanded to exceed EUR 102.1 million by August.
• Management expects a full-year revenue of EUR 42–47 million, supported by a EUR 309.4 million cash balance providing operational runway into 2028.

IQM Quantum Computers (NASDAQ:IQMX) reported EUR 8.9 million in first-half 2026 revenue alongside a EUR 60.5 million operating loss.

The financial report highlighted an initial order backlog of EUR 69.1 million that expanded to exceed EUR 102.1 million by August.

To support this commercial pipeline, the company stated it has invested more than EUR 40 million to double its cleanroom manufacturing capacity.

Operational milestones since inception include the sale of 26 full-stack quantum computers and the global delivery of 17 systems.

Looking ahead, the company forecasts full-year revenue of EUR 42–47 million.

Meanwhile, growth initiatives for the year include new geographic market entries in Japan and Spain to capture international computing opportunities.

The technology firm is also advancing its ecosystem through formal collaborations with CSC, NVIDIA, HPE, and Oak Ridge National Laboratory.