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IQM Quantum Computers Oyj American Depositary Shares (IQMX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · COMPUTER HARDWARE · DATA UPDATED 2026-09-12

IQM Quantum Computers Oyj American Depositary Shares (IQMX) operates in the COMPUTER HARDWARE industry and is headquartered in Espoo, Finland with about 460 employees. Its market capitalization is roughly $4 billion. In the fiscal year ended 2025-12-31, IQMX reported €31M in revenue and (€54M) in net income.

IQM Quantum Computers Oyj builds and delivers quantum computers.

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IQMX Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-31
Total Revenue—€31M€16M
Gross Profit—€15M€5M
Gross Margin %—47.8%30.9%
Operating Income (EBIT)(€73M)(€56M)(€50M)
Operating Margin %—-179.7%-304.5%
Net Income(€83M)(€54M)(€54M)
Net Margin %—-173.6%-329.2%
EBITDA(€70M)(€40M)—
Earnings Per Share (EPS)€-2.71€-1.78€-0.26
Shares Outstanding (M)31M—211M

EUR; €M / €B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IQMX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-30
Total Revenue€8M€5M——
Gross Profit€4M€2M——
Gross Margin %45.8%40.6%——
Operating Income (EBIT)(€38M)(€35M)€0M€0M
Operating Margin %-486.0%-682.5%——
Net Income(€43M)(€43M)€2M€2M
Net Margin %-547.0%-844.4%——
EBITDA(€38M)(€32M)€0M€0M
Earnings Per Share (EPS)€-1.38€-1.44€0.05€0.06
Shares Outstanding (M)31M30M31M31M

EUR; €M / €B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IQMX Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-31
Cash from Operations (CFO)(€77M)(€57M)(€39M)
Capital Expenditures (CapEx)€10M€12M€12M
Free Cash Flow (FCF)(€87M)(€69M)(€51M)
FCF Margin %—-219.4%-310.1%

EUR; €M / €B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IQMX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-06-302025-03-31
Cash from Operations (CFO)(€25M)(€25M)(€14M)(€14M)
Capital Expenditures (CapEx)€4M€4M€1M€1M
Free Cash Flow (FCF)(€29M)(€29M)(€15M)(€15M)
FCF Margin %-367.8%-557.6%——

EUR; €M / €B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IQMX Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-31
Total Assets€290M€266M€108M
Cash & Cash Equivalents€130M€147M€17M
Total Liabilities€81M€60M€100M
Total Debt (Short + Long-Term)€17M€13M€47M
Total Shareholders' Equity€208M€206M€8M

EUR; €M / €B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive IQMX viewer.

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