IQMX
IQM Quantum Computers Oyj
Price Chart
Latest Quote
$9.92
| Previous Close | $9.90 |
| Open | $9.90 |
| Day High | $10.14 |
| Day Low | $9.67 |
| Volume | 170,435 |
Stock Information
| Shares Outstanding | 263.04M |
| Total Debt | $33.14M |
| Cash Equivalents | $137.66M |
| Revenue | $39.57M |
| Net Income | $-109.67M |
| Sector | Technology |
| Industry | Computer Hardware |
| Market Cap | $4.70B |
| EPS (TTM) | $-0.52 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $1.49B |
| Sales | $39.57M |
| Income | $-109.67M |
| Book/sh | $1.32 |
| Cash/sh | $0.45 |
| Employees | 460 |
Financial Ratios
| Quick Ratio | 2.41 |
| Current Ratio | 3.12 |
| Debt/Eq | 15.69 |
Returns & Margins
| Gross Margin | 47.36% |
| Operating Margin | -462.28% |
| Profit Margin | -277.18% |
Ownership
| Institutional Ownership | 2.49% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -11.85 |
| P/S | 137.62 |
| P/B | 7.51 |
Analyst Data
| Recommendation | hold |
| Target Price | $9.77 |
Technical Indicators
| SMA20 | $nan |
| SMA50 | $nan |
| SMA200 | $nan |
| RSI | 38.25 |
| ATR | nan |
| Shares Float | 125.55M |
| Short Ratio | 0.77 |
| Rel Volume | 0.72 |
Performance History
| Week | nan% |
| Month | nan% |
| Quarter | nan% |
| 6 Months | nan% |
| YTD | nan% |
| Year | nan% |
| 10 Years | nan% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-08-17 | $nan | 173,011 |
| 2026-08-14 | $9.90 | 146,100 |
| 2026-08-13 | $9.82 | 202,700 |
| 2026-08-12 | $9.10 | 116,800 |
| 2026-08-11 | $9.16 | 106,900 |
| 2026-08-10 | $9.46 | 207,400 |
| 2026-08-07 | $9.35 | 110,100 |
| 2026-08-06 | $9.13 | 230,600 |
| 2026-08-05 | $9.21 | 500,800 |
| 2026-08-04 | $9.65 | 384,100 |
| 2026-08-03 | $10.00 | 399,500 |
| 2026-07-31 | $9.90 | 368,300 |
| 2026-07-30 | $10.59 | 200,800 |
| 2026-07-29 | $10.48 | 163,700 |
| 2026-07-28 | $10.72 | 225,100 |
| 2026-07-27 | $10.80 | 251,500 |
| 2026-07-24 | $10.75 | 253,400 |
| 2026-07-23 | $10.77 | 222,500 |
| 2026-07-22 | $11.47 | 134,800 |
| 2026-07-21 | $11.95 | 665,500 |
| 2026-07-20 | $10.80 | 115,300 |
About IQM Quantum Computers Oyj
IQM Quantum Computers Oyj builds and delivers quantum computers. The company offers full-stack quantum computing systems, including the IQM Spark system, a five-qubit quantum computer designed primarily for education and research environments; IQM Radiance system, a system currently spanning configurations from approximately 20 to 150 qubits designed for high-performance computing centers and offers an upgradeable platform; and IQM Halocene system, a system designed to scale beyond 150 qubits while incorporating quantum error correction capabilities that are intended to support more advanced quantum applications; as well as the IQM Resonance cloud platform. The company also offers professional services, including training, maintenance and technical support. It serves research institutions, universities, high-performance computing centers, and enterprises. The company was founded in 2018 and is headquartered in Espoo, Finland.
đ° Latest News
Can IQM Quantum Computers Oyj (HLSE:IQMX) Justify Its Valuation After Buyback, Guidance And Earnings?
Simply Wall St. âĸ 2026-08-10T14:08:58ZIQM Quantum Computers Q2 Earnings Call Highlights
MarketBeat âĸ 2026-08-04T16:04:29ZIQM's Nasdaq Debut Could Change the Quantum Race for D-Wave
MarketBeat âĸ 2026-07-10T12:50:00ZKyle Kuzma Is Pushing IBM Quantum Computing Into the Mainstream
Barrons.com âĸ 2026-07-09T16:47:00ZIQM Quantum Computers Oyj (NasdaqGS:IQMX) Draws Valuation Attention, Is The Recent Pullback A Bargain?
Simply Wall St. âĸ 2026-07-08T04:31:16ZIQM Slips 3.4% After $234 Million Nasdaq SPAC Debut
GuruFocus.com âĸ 2026-07-03T16:58:02ZQuantum Computing Stocks: Europe's IQM To Debut On Nasdaq
Investor's Business Daily âĸ 2026-07-02T12:01:46ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | ||
| Reconciled Cost Of Revenue | $18,871,191 | $13,103,647 |
| Cost Of Revenue | $18,871,191 | $13,103,647 |
| Total Revenue | $36,164,589 | $18,970,453 |
| Operating Revenue | $36,164,589 | $18,970,453 |
| Expenses | ||
| Interest Expense | $1,305,402 | $1,749,769 |
| Total Expenses | $101,164,590 | $76,743,999 |
| Other Income Expense | $-2,187,211 | $61,173 |
| Net Non Operating Interest Income Expense | $4,795,706 | $-4,732,225 |
| Total Other Finance Cost | $-3,895,429 | $2,999,769 |
| Interest Expense Non Operating | $1,305,402 | $1,749,769 |
| Operating Expense | $82,293,398 | $63,640,351 |
| Other Operating Expenses | $-4,306,325 | $-4,766,851 |
| Selling And Marketing Expense | $6,785,549 | $5,137,350 |
| General And Administrative Expense | $21,323,869 | $14,313,250 |
| Income & Earnings | ||
| Net Income From Continuing Operation Net Minority Interest | $-62,775,855 | $-62,448,061 |
| Net Interest Income | $4,795,706 | $-4,732,225 |
| Interest Income | $2,205,679 | $17,313 |
| Normalized Income | $-61,026,085 | $-62,496,999 |
| Net Income From Continuing And Discontinued Operation | $-62,775,855 | $-62,448,061 |
| Total Operating Income As Reported | $-67,016,390 | $-57,752,770 |
| Net Income Common Stockholders | $-62,775,855 | $-62,448,061 |
| Net Income | $-62,775,855 | $-62,448,061 |
| Net Income Including Noncontrolling Interests | $-62,775,855 | $-62,448,061 |
| Net Income Continuous Operations | $-62,775,855 | $-62,448,061 |
| Pretax Income | $-62,391,505 | $-62,445,753 |
| Special Income Charges | $-2,016,390 | $21,930 |
| Interest Income Non Operating | $2,205,679 | $17,313 |
| Operating Income | $-65,000,000 | $-57,773,546 |
| Gross Profit | $17,293,398 | $5,866,805 |
| Per Share | ||
| Diluted EPS | - | $-0.30 |
| Basic EPS | - | $-0.30 |
| Other | ||
| Tax Effect Of Unusual Items | $-437,442 | $12,235 |
| Tax Rate For Calcs | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-43,706,141 | $-47,418,052 |
| Total Unusual Items | $-2,187,211 | $61,173 |
| Total Unusual Items Excluding Goodwill | $-2,187,211 | $61,173 |
| Reconciled Depreciation | $15,192,752 | $13,339,104 |
| EBITDA (Bullshit earnings) | $-45,893,352 | $-47,356,879 |
| EBIT | $-61,086,104 | $-60,695,984 |
| Diluted NI Availto Com Stockholders | $-62,775,855 | $-62,448,061 |
| Tax Provision | $384,349 | $2,308 |
| Other Special Charges | $-245,845 | - |
| Write Off | $210,065 | $-21,930 |
| Impairment Of Capital Assets | $2,052,170 | $0 |
| Gain On Sale Of Security | $-170,822 | $39,243 |
| Research And Development | $58,490,305 | $48,956,602 |
| Selling General And Administration | $28,109,418 | $19,450,600 |
| Other Gand A | $21,323,869 | $14,313,250 |
| Diluted Average Shares | - | $243,523,413 |
| Basic Average Shares | - | $243,523,413 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Assets | ||
| Net Tangible Assets | $236,589,337 | $7,682,364 |
| Total Assets | $306,570,870 | $124,302,863 |
| Total Non Current Assets | $81,613,574 | $87,715,836 |
| Other Non Current Assets | $-1,154 | - |
| Non Current Prepaid Assets | $1,034,164 | $1,253,463 |
| Investmentin Financial Assets | $16,159 | $0 |
| Goodwill And Other Intangible Assets | $1,061,865 | $1,244,229 |
| Other Intangible Assets | $1,061,865 | $1,244,229 |
| Current Assets | $224,957,296 | $36,587,027 |
| Other Current Assets | $1,634,349 | $176,593 |
| Current Deferred Assets | $1,667,821 | $0 |
| Prepaid Assets | $3,343,721 | $4,810,711 |
| Inventory | $15,571,330 | $6,522,392 |
| Receivables | $32,587,720 | $4,190,905 |
| Other Receivables | $10,665,974 | $1,223,453 |
| Taxes Receivable | $4,044,321 | $594,414 |
| Accounts Receivable | $17,877,424 | $2,373,038 |
| Allowance For Doubtful Accounts Receivable | $-181,210 | $-12,696 |
| Gross Accounts Receivable | $18,059,788 | $2,384,580 |
| Cash Cash Equivalents And Short Term Investments | $170,152,356 | $20,886,427 |
| Cash And Cash Equivalents | $169,141,275 | $19,906,510 |
| Cash Financial | $169,141,275 | $19,906,510 |
| Debt | ||
| Total Debt | $28,668,052 | $79,517,544 |
| Long Term Debt And Capital Lease Obligation | $24,706,833 | $70,452,447 |
| Long Term Debt | $10,642,890 | $53,800,785 |
| Current Debt And Capital Lease Obligation | $3,961,219 | $9,065,097 |
| Current Debt | $1,104,571 | $5,861,034 |
| Other Current Borrowings | $1,104,571 | $5,861,034 |
| Net Debt | - | $39,755,310 |
| Liabilities | ||
| Total Liabilities Net Minority Interest | $68,919,668 | $115,376,270 |
| Total Non Current Liabilities Net Minority Interest | $24,722,992 | $87,235,688 |
| Current Liabilities | $44,196,676 | $28,140,582 |
| Other Current Liabilities | $8,734,995 | $3,395,660 |
| Current Deferred Liabilities | $8,744,229 | $5,969,529 |
| Payables And Accrued Expenses | $15,864,497 | $5,092,336 |
| Payables | $11,380,425 | $5,092,336 |
| Total Tax Payable | $1,159,972 | - |
| Income Tax Payable | $123,500 | - |
| Accounts Payable | $10,220,453 | $5,092,336 |
| Other Non Current Liabilities | - | $150,046 |
| Derivative Product Liabilities | - | $16,617,036 |
| Equity | ||
| Common Stock Equity | $237,651,202 | $8,926,593 |
| Total Equity Gross Minority Interest | $237,651,202 | $8,926,593 |
| Stockholders Equity | $237,651,202 | $8,926,593 |
| Gains Losses Not Affecting Retained Earnings | $505,702,912 | $214,202,448 |
| Other Equity Adjustments | $505,702,912 | $214,202,448 |
| Retained Earnings | $-268,055,173 | $-205,279,318 |
| Other | ||
| Ordinary Shares Number | $243,523,413 | $243,523,413 |
| Share Issued | $243,523,413 | $243,523,413 |
| Tangible Book Value | $236,589,337 | $7,682,364 |
| Invested Capital | $249,398,663 | $68,588,412 |
| Working Capital | $180,760,620 | $8,446,445 |
| Capital Lease Obligations | $16,920,591 | $19,855,725 |
| Total Capitalization | $248,294,092 | $62,727,378 |
| Capital Stock | $3,463 | $3,463 |
| Common Stock | $3,463 | $3,463 |
| Employee Benefits | $16,159 | $16,159 |
| Long Term Capital Lease Obligation | $14,063,943 | $16,651,662 |
| Current Deferred Revenue | $8,744,229 | $5,969,529 |
| Current Capital Lease Obligation | $2,856,648 | $3,204,063 |
| Pensionand Other Post Retirement Benefit Plans Current | $6,891,736 | $4,617,959 |
| Current Accrued Expenses | $4,484,072 | - |
| Investments And Advances | $16,159 | $0 |
| Available For Sale Securities | $16,159 | - |
| Net PPE | $79,502,540 | $85,218,145 |
| Accumulated Depreciation | $-30,361,265 | $-17,467,682 |
| Gross PPE | $109,863,805 | $102,685,827 |
| Leases | $17,681,210 | $12,434,211 |
| Construction In Progress | $2,549,631 | $3,526,085 |
| Other Properties | $4,617 | $3,874,654 |
| Machinery Furniture Equipment | $72,441,136 | $65,986,843 |
| Buildings And Improvements | $17,187,212 | $16,864,035 |
| Properties | $0 | $0 |
| Other Inventories | $-1,154 | - |
| Work In Process | $1,470,452 | $814,866 |
| Raw Materials | $14,102,031 | $5,707,525 |
| Other Short Term Investments | $1,011,080 | $979,917 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Free Cash Flow | ||
| Free Cash Flow | $-79,331,718 | $-58,830,794 |
| Operating Activities | ||
| Operating Cash Flow | $-66,016,852 | $-45,556,325 |
| Cash Flow From Continuing Operating Activities | $-66,014,543 | $-45,557,480 |
| Operating Gains Losses | $1,382,733 | $10,388 |
| Investing Activities | ||
| Capital Expenditure | $-13,314,866 | $-13,274,469 |
| Investing Cash Flow | $-11,076,870 | $-13,257,156 |
| Cash Flow From Continuing Investing Activities | $-11,076,870 | $-13,257,156 |
| Financing Activities | ||
| Repurchase Of Capital Stock | $-34,037,396 | $0 |
| Issuance Of Capital Stock | $325,689,060 | $0 |
| Financing Cash Flow | $226,395,431 | $13,311,404 |
| Cash Flow From Continuing Financing Activities | $226,395,431 | $13,311,404 |
| Net Other Financing Charges | $-7,239,151 | $-48,476 |
| Cash Dividends Paid | $0 | $0 |
| Net Common Stock Issuance | $291,651,664 | $0 |
| Common Stock Issuance | $325,689,060 | $0 |
| Other | ||
| Repayment Of Debt | $-51,426,593 | $-5,213,527 |
| Issuance Of Debt | $951,062 | $19,969,991 |
| End Cash Position | $169,141,275 | $19,906,510 |
| Beginning Cash Position | $19,906,510 | $65,375,116 |
| Effect Of Exchange Rate Changes | $-65,789 | $34,626 |
| Changes In Cash | $149,300,555 | $-45,503,232 |
| Interest Paid Cff | $-7,541,551 | $-1,396,584 |
| Common Stock Payments | $-34,037,396 | $0 |
| Net Issuance Payments Of Debt | $-50,475,531 | $14,756,464 |
| Net Long Term Debt Issuance | $-50,475,531 | $14,756,464 |
| Long Term Debt Payments | $-51,426,593 | $-5,213,527 |
| Long Term Debt Issuance | $951,062 | $19,969,991 |
| Interest Received Cfi | $2,205,679 | $17,313 |
| Net PPE Purchase And Sale | $-13,282,549 | $-13,274,469 |
| Sale Of PPE | $32,318 | $0 |
| Purchase Of PPE | $-13,314,866 | $-13,274,469 |
| Taxes Refund Paid | $-319,714 | $-2,308 |
| Change In Working Capital | $-24,991,921 | $-4,252,078 |
| Change In Other Working Capital | $4,832,641 | $-2,925,900 |
| Change In Other Current Liabilities | $2,324,561 | $1,683,980 |
| Change In Other Current Assets | $-5,656,741 | $2,625,808 |
| Change In Payables And Accrued Expense | $5,216,990 | $-4,226,685 |
| Change In Payable | $5,216,990 | $-4,226,685 |
| Change In Account Payable | $5,216,990 | $-4,226,685 |
| Change In Inventory | $-8,988,920 | $-1,106,879 |
| Change In Receivables | $-22,720,453 | $-302,401 |
| Changes In Account Receivables | $-15,489,381 | $437,442 |
| Other Non Cash Items | $-4,083,564 | $4,646,814 |
| Stock Based Compensation | $7,239,151 | $3,010,157 |
| Provisionand Write Offof Assets | $45,014 | $137,350 |
| Asset Impairment Charge | $1,910,203 | - |
| Deferred Tax | $384,349 | $2,308 |
| Deferred Income Tax | $384,349 | $2,308 |
| Depreciation Amortization Depletion | $15,192,752 | $13,339,104 |
| Depreciation And Amortization | $15,192,752 | $13,339,104 |
| Amortization Cash Flow | $182,364 | $182,364 |
| Amortization Of Intangibles | $182,364 | $182,364 |
| Depreciation | $15,010,388 | $13,156,741 |
| Gain Loss On Sale Of PPE | $1,382,733 | $10,388 |
| Net Income From Continuing Operations | $-62,775,855 | $-62,448,061 |