IQM
Franklin Intelligent Machines ETF
stock BATS ETF

IQM Quantum Computers (Nasdaq: IQMX) reported its first results as a public company for the first half of 2026. Total revenues for the six months ended June 30, 2026 were EUR 8.9 million, with an operating loss of EUR 60.5 million. Order backlog was EUR 69.1 million at June 30, 2026, and increased by EUR 33.0 million to exceed EUR 102.1 million by August 3, 2026. IQM reported a cash balance of EUR 309.4 million as of July 2, 2026, including listing proceeds, which the company said provides runway into the second quarter of 2028.
For full-year 2026, IQM targets new order intake of EUR 65–75 million and revenue of EUR 42–47 million. Since founding, 26 full-stack quantum computers have been sold and 17 delivered globally. The company highlighted more than EUR 40 million invested to double cleanroom capacity, new market entries in Japan and Spain, and collaborations with partners including CSC, NVIDIA, HPE and Oak Ridge National Laboratory.

IQM Quantum Computers (Nasdaq: IQMX) reported its first results as a public company for the first half of 2026. Total revenues for the six months ended June 30, 2026 were EUR 8.9 million, with an operating loss of EUR 60.5 million. Order backlog was EUR 69.1 million at June 30, 2026, and increased by EUR 33.0 million to exceed EUR 102.1 million by August 3, 2026. IQM reported a cash balance of EUR 309.4 million as of July 2, 2026, including listing proceeds, which the company said provides runway into the second quarter of 2028.
For full-year 2026, IQM targets new order intake of EUR 65–75 million and revenue of EUR 42–47 million. Since founding, 26 full-stack quantum computers have been sold and 17 delivered globally. The company highlighted more than EUR 40 million invested to double cleanroom capacity, new market entries in Japan and Spain, and collaborations with partners including CSC, NVIDIA, HPE and Oak Ridge National Laboratory.