IQM Quantum Computers Reports First Earnings as Public Company, Reporting First Half and Second Quarter 2026 Results, and Initiates FY 2026 Guidance Supported by Over EUR 102 million Order Backlog

ESPOO, Fi la d, Aug. 04, 2026 (GLOBE NEWSWIRE) — IQM Qua tum Compute s Plc (Nasdaq: IQMX) (“IQM”, “IQM Qua tum Compute s” o the “Compa y”), a world leade i full-stack supe co ducti g qua tum compute s, at present a ou ced its fi a cial esults fo the fi st half a d seco d qua te of 2026, e ded o Ju e 30, 2026.

Fi st Half a d Yea to Date 2026 Fi a cial Highlights

• O de backlog of EUR 69.1 millio  as of Ju e 30, 2026 
  • EUR 33.0 millio added to backlog si ce Ju e 30, 2026, b i gi g complete o de backlog to ove EUR 102.1 millio as of August 3, 2026
• Complete eve ues fo the six mo ths e ded Ju e 30, 2026, we e EUR 8.9 millio
• Ope ati g loss fo the six mo ths e ded Ju e 30, 2026, was EUR 60.5 millio
• Money Bala ce of EUR 309.4 millio as of July 2, 2026, i clusive of listi g p oceeds
• 2026 Fi a cial Outlook:  
  • Full-Yea  New O de I take Ta get: EUR 65 millio to EUR 75 millio  
  • Full-Yea 2026 Reve ue Ta get: EUR 42 millio to EUR 47 millio  

Fi st Half a d Yea to Date 2026 Ope atio al Highlights

• Expa sio i to seve al ew ma kets, i cludi g Japa a d Spai , th ough ew custome wi s a d custome e gageme ts
• 17 programs i complete delive ed globally to custome s si ce fou di g, with 26 complete programs bought
• Notably, fi st US delive y to US Depa tme t of E e gy’s Oak Ridge Natio al Labo ato y i Te essee i Ju e 2026
• St o g ew gross sales mome tum with a la dma ok deal a ou ced with CSC, whe e IQM was chosen to i teg ate a qua tum compute i to the LUMI AI Facto y, co ected to o e of the wo ld’s leadi g supe compute s
• Co c ete use-cases explo atio with Deutsche Bah that demo st ated a hyb id qua tum-classical ailway scheduli g solutio usi g eal ope atio al information o at present’s IQM ha dwa e
• Sig ifica t adva ceme ts i e o co ectio , fi st i t oduci g tile codes a d fu the efi i g them with the “ba bell codes”—a ovel household of qLDPC e o co ectio codes personalized fo the IQM Co stellatio topology, showi g st o g imp oveme t i efficie cy
• Mo e tha EUR 40 millio i vestme t i to i mud ial expa sio of ou p op ieta y fab, doubli g clea oom capability to e ready the p oductio of as much as 30 full-stack qua tum compute s pe yea
• Key ecosystem pa t e ships a d collabo atio s i cludi g with NVIDIA, co ducti g AI-d ive pa allel qubit calib atio usi g the NVIDIA Isi g ope household of AI fashions, helpi g automate system tu i g a d imp ove system uptime
• Collabo atio with HPE i cludi g i teg ati g IQM’s supe co ducti g qua tum compute s with HPE C ay HPC i f ast uctu e fo hyb id e te p ise e vi o me ts
• Sig ifica tly st e gthe ed a d expa ded boa d with i depe de t i mud y p ofessio als as boa d membe s
• Expa ded ma ageme t crew with expe ie ced key ew hello es, i cludi g CTO, COO a d p omoti g Chief Scie tist
• Hosted profitable i augu al Capital Ma kets Day i Ju e 2026. Mate ials a e accessible o IQM’s web site – Li ok

“Ou public debut ma ks a histo ic milesto e, demo st ati g how tech ology leade ship ca captu e international capital to t a sitio qua tum computi g f om esea ch excelle ce i to custome – eady computi g i f ast uctu e. IQM is ope ati g f om a positio of ve ified comme cial scale with 26 full-stack qua tum compute s bought, 17 delive ed globally, a d p ove i teg atio di ectly alo gside AI supe compute s a d high-pe fo ma ce information ce te s. As we execute ou p oduct oadmap a d scale towa d fault-tole a t qua tum computi g, ou focus emai s squa ely o ope atio al discipli e, delive i g eal-wo ld worth, a d st e gthe i g ou p opositio because the pa t e of selection fo sove eig a d e te p ise compute i f ast uctu e,” mentioned D . Ja Goetz, CEO.

“Ou profitable twin listi g has fu dame tally t a sfo med ou bala ce sheet, establishi g a money positio of EUR 309.4 millio that p ovides a obust fi a cial u method effectively i to the seco d qua te of 2028. Suppo ted by st o g comme cial mome tum, with ou complete o de backlog su passi g EUR 102.1 millio , we a e co fi mi g ou full-yea 2026 pla , with the mome tum p ovidi g us co fide ce i ou guida ce. We a e well-capitalized to st ategically deploy money i to expa di g ou i te al ma ufactu i g capability, accele ati g o -p emise system delive ies, a d buildi g lo g-te m, sustai ready ma ket leade ship i international qua tum i f ast uctu e,” mentioned Ja Kue sch e , CFO.

This elease co tai s a summa y of IQM Qua tum Compute s Oyj’s fi a cial esults fo the fi st half a d seco d qua te of 2026. The summa y focuses o g oup-level fi a cial i fo matio a d the Compa y’s outlook. Detailed fi a cial i fo matio a d otes a e accessible i the fi a cial epo t accompa yi g this elease a d o the Compa y’s web site at https://i vesto s.iqm.tech/. We e cou age i vesto s to eview the tables a d otes i the complete epo t as effectively.

Co fe e ce Name a d WebcastIQM will host a co fe e ce name at present, August 4, 2026, at 8:00 AM EDT to debate its seco d qua te a d fi st half 2026 fi a cial esults a d full-yea 2026 outlook.

You ca liste to a reside audio webcast of the co fe e ce name at https://edge.media-se ve .com/mmc/p/k7j4g x5 o the “Eve ts & P ese tatio s” sectio of the Compa y’s I vesto Relatio s web site at https://i vesto s.iqm.tech/. A eplay of the co fe e ce name can be accessible on the similar locatio s followi g the co clusio of the decision fo o e yea .

About IQM Qua tum Compute s

IQM Qua tum Compute s (Nasdaq: IQMX) is a world leade i supe co ducti g qua tum compute s, delive i g full-stack qua tum programs a d cloud platfo m entry to e te p ises, esea ch i stitutio s, u ive sities, high-pe fo ma ce computi g ce te s, a d atio al labo ato ies wo ldwide. IQM’s o -p emises deployme t mannequin offers custome s di ect ow e ship a d co t ol of thei qua tum i f ast uctu e. Fou ded i 2018 a d headqua te ed i Fi la d, with majo ope atio s i Mu ich, IQM employs ove 400 folks a d ope ates ac oss Eu ope, Asia, a d No th Ame ica. IQM is the fi st publicly listed Eu opea qua tum compa y o the Nasdaq Inventory Ma ket.

Co tacts

Media co tact: Michael B ucePR Ma age     p ess@iqm.tech

I vesto co tact:  Blai Gown tso Vice P eside t, St ategy & Co po ate Developme tI vesto Relatio s Workplace i vesto s@iqm.tech

Key Ope ati g Met icsI additio to the measu es p ese ted i ou co solidated fi a cial stateme ts, we use O de Backlog a d O de I take as i dicato s of futu e eve ues f om existi g sig ed o de s. This app oach p ovides ma ageme t with a t a spa e t b idge f om co fi med o de s to eve ue, li ki g gross sales pe fo ma ce with eve ue ealizatio , whereas emai i g co siste t with the exte al defi itio of backlog as co fi med, ot but ecog ized o de s. We imagine these met ics p ovide helpful i fo matio fo the ma ket to u de sta d a d consider ou esults of ope atio s i the identical ma e as ou ma ageme t crew. O de Backlog ep ese ts the worth of bi di g custome o de s which have bee co fi med however ot but ecog ized as eve ue at a poi t i time. We calculate O de Backlog because the poi t i time bala ce of O de I take much less ecog ized eve ue. O de I take ep ese ts the full mo eta y worth of bi di g custome o de s sig ed du i g the pe iod, excludi g pipeli e o anticipated o de s, a d eflects ew busi ess secu ed a d futu e eve ue ge e atio . These met ics a e p ese ted fo suppleme tal i fo matio al pu poses o ly, ought to ot be co facet ed substitutes fo fi a cial i fo matio p ese ted i acco da ce with IFRS Accou ti g Sta da ds, a d might diffe f om simila ly titled met ics o measu es p ese ted by othe compa ies. I this elease, we’ve got p ovided ou O de Backlog each as of Ju e 30, 2026 a d August 3, 2026. I futu e eleases, we i te d to o ly p ovide qua te ly O de Backlog, a d we do ot u de take to p ovide post-qua te up to date i fo matio .

Cautio a y La guage a d Fo wa d-Looki g Stateme tsCe tai stateme ts he ei {that a} e ot histo ical information a e fo wa d-looki g stateme ts. These fo wa d-looki g stateme ts could also be ide tified by way of te ms a d ph ases equivalent to “imagine,” “count on,” “i te ds,” “outlook,” “might,” “will,” a d othe simila te ms a d ph ases. Such fo wa d-looki g stateme ts i clude, however a e ot restricted to, stateme ts ega di g IQM’s st ategies, futu e o a ticipated ma ket o aggressive positio , busi ess pla s a d futu e pe fo ma ce, i cludi g IQM’s money u method a d outlook fo the thi d qua te a d full-yea 2026. Fo wa d-looki g stateme ts i volve ok ow a d u ok ow isks, u ce tai ties a d othe facto s that might trigger precise esults to diffe mate ially f om the esults a ticipated by these fo wa d-looki g stateme ts, i cludi g, however ot restricted to: A) expectatio s, pla s, be efits o outlook elated to ou st ategies, p ojects, p og ams, p oduct lau ches, g owth ma ageme t, lice ses, i tellectual p ope ty, sustai skill a d othe ESG ta will get, ope atio al key pe fo ma ce i dicato s a d decisio s o ma ket exits o expa sio s; B) expectatio s, pla s o be efits elated to futu e pe fo ma ce of ou busi esses (i cludi g the anticipated influence, timi g a d du atio of pote tial international pa demics, geopolitical co flicts a d the ge e al o egio al mac oeco omic co ditio s o ou busi esses, ou provide chai , the timi g of ma ket cha ges o tu i g poi ts i dema d a d ou custome s’ busi esses); C) expectatio s a d ta will get ega di g fi a cial pe fo ma ce a d esults of ope atio s, i cludi g ma ket sha e, p ices, et gross sales, o de backlog, o de i take, i come, ma gi s, money flows, value savi gs, the timi g of eceivables, ope ati g expe ses, p ovisio s, impai me ts, ta iffs, taxes, cu e cy excha ge ates, hedgi g, i vestme t fu ds, i flatio , p oduct value eductio s, aggressive ess, worth c eatio , a d eve ue ge e atio i a y particular egio ; D) ou skill to execute, expectatio s, pla s o be efits elated to t a sactio s, i vestme ts a d cha ges i o ga izatio al st uctu e a d ope ati g mannequin, i cludi g the expa sio of ou ma ufactu i g a d p oductio capability; E) expectatio s elated to the comme cializatio a d ma ket accepta ce of qua tum tech ology a d the timi g a d p og ess of p oduct developme t; a d F) othe isks a d u ce tai ties mentioned i the “Threat Facto s” sectio of IQM’s p ospectus pu sua t to Rule 424(b)(3) filed with the U ited States Secu ities a d Excha ge Commissio (the “SEC”) o Ju e 5, 2026, IQM’s p ospectus app oved by the Fi ish Fi a cial Supe viso y Autho ity (the “FIN-FSA”) o 1 July 2026, a d i othe fili gs that IQM makes f om time to time with the SEC o the FIN-FSA. These stateme ts a e primarily based o ma ageme t’s greatest assumptio s a d beliefs i gentle of the i fo matio cu e tly accessible to them. IQM a ticipates that subseque t eve ts a d developme ts might trigger its views to cha ge. IQM particularly disclaims a y obligatio to replace the fo wa d-looki g stateme ts i this p ess elease besides as equi ed by regulation. These fo wa d-looki g stateme ts ought to ot be elied upo as ep ese ti g IQM’s views as of a y date subseque t to the date he eof.