IQM Quantum Computers Oyj American Depositary Shares

IQM Quantum Computers Oyj American Depositary Shares

IQMX · NASDAQ · Technology / Computer Hardware

6.74USD-0.38 (-5.34%)

Price History

Full chart

Market Stats

Previous Close7.12
Open7.20
Day Range6.59 – 7.25
52-Week Range8.74 – 15.10
Volume198.12K
Market Cap2.01B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.57
Dividend Yield0.00%
50-Day Avg10.24
200-Day Avg10.62

About

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.

Company Details

  • SectorTechnology
  • IndustryComputer Hardware
  • CEODr. Jan Goetz
  • Employees460
  • HeadquartersKeilaranta 19, Espoo, Finland, 02150, USA
  • Websitehttps://iqm.tech

Leadership

  • Dr. Jan GoetzCo-Founder, CEO & Director · b. 1986
  • Dr. Juha VartiainenCo-founder & Chief Global Affairs Officer · b. 1979
  • Mr. Jan KuerschnerChief Financial Officer · b. 1973
  • Dr. Soren Hein Ph.D.COO & Deputy CEO · b. 1969
  • Dr. Craig CieslaChief Technology Officer · b. 1973
  • Dr. Ines de VegaChief Scientist
  • Mr. Mark FalconGeneral Counsel · b. 1987
  • Mr. Blair RobertsonVice President of Strategy & Corporate Development · b. 1994
  • Lisa KuskeVice President of People
  • Ms. Sylwia Barthel de WeydenthalChief Commercial Officer · b. 1971

Financials

Income Statement

Currency: EUR2024-12-312025-12-31
Total Revenue16.44M31.33M
Growth (%)-+90.64%
Cost of Revenue11.35M16.35M
Gross Profit5.08M14.98M
Gross Margin30.93%47.82%
Operating Expense55.14M71.30M
Operating Income-50.05M-56.32M
Operating Margin-304.54%-179.73%
EBITDA-41.03M-39.76M
EBITDA Margin-249.63%-126.90%
Net Income-54.10M-54.39M
Net Income Margin-329.19%-173.58%
R&D42.42M50.68M
R&D as % of Total Revenue258.07%161.73%
Interest Expense1.52M1.13M
Interest Expense % of Total Revenue9.22%3.61%

Balance Sheet

Currency: EUR2024-12-312025-12-31
Total Assets107.70M265.61M
Total Liabilities99.96M59.71M
Total Equity7.73M205.90M
Cash17.25M146.54M
Total Debt-24.84M
Net Debt34.44M-121.71M

Cash Flow

Currency: EUR2024-12-312025-12-31
Operating Cash Flow-39.47M-57.20M
Investing Cash Flow-11.49M-9.60M
Financing Cash Flow11.53M196.15M
Capital Expenditure11.50M11.54M
Free Cash Flow-50.97M-68.73M
Dividends Paid00
FCF to OCF129.14%120.17%
Dividend Paid to FCF0.00%0.00%

Earnings

Report DateAug 4, 2026Nov 3, 2026
EPS Estimate--
EPS Actual-1.37-
Surprise--
TimingPre-marketPre-market

Key Statistics & Ratios

Market Cap2.01B
Enterprise Value1.91B
Trailing P/E0.00
Forward P/E0.00
Price / Sales58.84
Price / Book9.31
EPS-0.57
Book Value1.31
Revenue (TTM)34.17M
Gross Profit (TTM)16.18M
EBITDA-76.58M
Profit Margin-277.18%
Operating Margin-462.28%
Return on Equity-50.92%
Return on Assets-18.96%
Shares Outstanding189.50M
Shares Float112.22M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
3.00%
Insiders
0.00%
Retail / Other
97.00%

Top Institutional Holders

  • RLH Capital LLC
    35.66K0.01%

Top Fund Holders

  • WisdomTree Quantum Computing Fund
    740.60K0.39%
  • WisdomTree Quantum Computing ETF USD Acc
    318.18K0.17%
  • Defiance Pure Quantum ETF
    85.31K0.04%
  • Corgi Quantum Computing ETF
    52.32K0.03%
  • Fidelity Nasdaq Composite Index
    19.02K0.01%
  • Liontrust Global Recovery B Inc
    4.39K0.00%
  • Liontrust GF Global Recovery S EUR Acc
    1.81K0.00%