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 global leade i full-stack supe co ducti g qua tum compute s, today 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 total o de backlog to ove EUR 102.1 millio as of August 3, 2026
• Total 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
• Cash 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 systems i total delive ed globally to custome s si ce fou di g, with 26 total systems sold
• 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 sales mome tum with a la dma k deal a ou ced with CSC, whe e IQM was selected 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 data o today’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 family of qLDPC e o co ectio codes customized 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 dust ial expa sio of ou p op ieta y fab, doubli g clea oom capacity to e able the p oductio of up to 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 family of AI models, 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 dust y p ofessio als as boa d membe s
• Expa ded ma ageme t team with expe ie ced key ew hi es, i cludi g CTO, COO a d p omoti g Chief Scie tist
• Hosted successful i augu al Capital Ma kets Day i Ju e 2026. Mate ials a e available o IQM’s website – Li k

“Ou public debut ma ks a histo ic milesto e, demo st ati g how tech ology leade ship ca captu e global 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 sold, 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 data 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 value, a d st e gthe i g ou p opositio as the pa t e of choice fo sove eig a d e te p ise compute i f ast uctu e,” said D . Ja Goetz, CEO.

“Ou successful dual listi g has fu dame tally t a sfo med ou bala ce sheet, establishi g a cash positio of EUR 309.4 millio that p ovides a obust fi a cial u way well i to the seco d qua te of 2028. Suppo ted by st o g comme cial mome tum, with ou total 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 cash i to expa di g ou i te al ma ufactu i g capacity, accele ati g o -p emise system delive ies, a d buildi g lo g-te m, sustai able ma ket leade ship i global qua tum i f ast uctu e,” said 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 available i the fi a cial epo t accompa yi g this elease a d o the Compa y’s website at https://i vesto s.iqm.tech/. We e cou age i vesto s to eview the tables a d otes i the full epo t as well.

Co fe e ce Call a d WebcastIQM will host a co fe e ce call today, August 4, 2026, at 8:00 AM EDT to discuss 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 live audio webcast of the co fe e ce call 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 website at https://i vesto s.iqm.tech/. A eplay of the co fe e ce call will be available at the same locatio s followi g the co clusio of the call fo o e yea .

About IQM Qua tum Compute s

IQM Qua tum Compute s (Nasdaq: IQMX) is a global leade i supe co ducti g qua tum compute s, delive i g full-stack qua tum systems a d cloud platfo m access 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 model gives 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 people 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 Stock Ma ket.

Co tacts

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

I vesto co tact:  Blai Robe tso Vice P eside t, St ategy & Co po ate Developme tI vesto Relatio s Office 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 sales pe fo ma ce with eve ue ealizatio , while emai i g co siste t with the exte al defi itio of backlog as co fi med, ot yet ecog ized o de s. We believe these met ics p ovide useful i fo matio fo the ma ket to u de sta d a d evaluate ou esults of ope atio s i the same ma e as ou ma ageme t team. O de Backlog ep ese ts the value of bi di g custome o de s that have bee co fi med but ot yet ecog ized as eve ue at a poi t i time. We calculate O de Backlog as the poi t i time bala ce of O de I take less ecog ized eve ue. O de I take ep ese ts the total mo eta y value of bi di g custome o de s sig ed du i g the pe iod, excludi g pipeli e o expected 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, should ot be co side 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 may diffe f om simila ly titled met ics o measu es p ese ted by othe compa ies. I this elease, we have p ovided ou O de Backlog both 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 updated 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 facts a e fo wa d-looki g stateme ts. These fo wa d-looki g stateme ts may be ide tified by the use of te ms a d ph ases such as “believe,” “expect,” “i te ds,” “outlook,” “may,” “will,” a d othe simila te ms a d ph ases. Such fo wa d-looki g stateme ts i clude, but a e ot limited to, stateme ts ega di g IQM’s st ategies, futu e o a ticipated ma ket o competitive positio , busi ess pla s a d futu e pe fo ma ce, i cludi g IQM’s cash u way a d outlook fo the thi d qua te a d full-yea 2026. Fo wa d-looki g stateme ts i volve k ow a d u k ow isks, u ce tai ties a d othe facto s that could cause actual esults to diffe mate ially f om the esults a ticipated by these fo wa d-looki g stateme ts, i cludi g, but ot limited 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 ability a d othe ESG ta gets, 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 expected impact, timi g a d du atio of pote tial global 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 supply 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 gets 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 sales, o de backlog, o de i take, i come, ma gi s, cash flows, cost 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 cost eductio s, competitive ess, value c eatio , a d eve ue ge e atio i a y specific egio ; D) ou ability 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 model, i cludi g the expa sio of ou ma ufactu i g a d p oductio capacity; 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 discussed i the “Risk 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 based o ma ageme t’s best assumptio s a d beliefs i light of the i fo matio cu e tly available to them. IQM a ticipates that subseque t eve ts a d developme ts may cause its views to cha ge. IQM specifically disclaims a y obligatio to update the fo wa d-looki g stateme ts i this p ess elease except as equi ed by law. These fo wa d-looki g stateme ts should ot be elied upo as ep ese ti g IQM’s views as of a y date subseque t to the date he eof.