IQMX

IQM Quantum Computers Oyj (IQMX) Stock Analysis

Research IQM Quantum Computers Oyj (IQMX) with company financials, earnings context, valuation indicators, risk analysis and related market news.

Research record updated: . Individual measures may refer to different reporting periods.

Ticker
IQMX
Company
IQM Quantum Computers Oyj
Sector
Technology
Industry
Computer Hardware
Market cap
$2.29B
Financial data source
Yahoo Finance + FMP cash flow statements + FMP balance sheet + income statements + StockAnalysis complete statements
Annual revenue (reporting year not supplied)
$35.64M
Annual net income (reporting year not supplied)
$-61.86M
Annual free cash flow (reporting year not supplied)
$-78.17M
Trailing revenue
$22.03M
Trailing net income
$-120.90M
Total assets
$302.09M
Total liabilities
$67.91M

IQM Quantum Computers Oyj (IQMX) Stock Analysis research

IQM Quantum Computers Oyj develops superconducting quantum computers, processors, software, and related infrastructure for research institutions, enterprises, and national programs. Its offerings include on-premise systems and cloud access, with revenue still coming mainly from an early commercial market. Recent coverage and broader sector sentiment emphasize expanding partnerships, government-backed quantum investment, and progress toward higher-capacity systems, although commercialization remains gradual. IQM is also advancing modular architectures, improved cryogenic control, and error-correction methods; these aim to connect quantum processors and reduce calculation errors, potentially becoming game changers if they deliver reliable performance at scale. The main investment appeal is exposure to a potentially transformative technology, while the main concern is that practical, profitable quantum computing may remain years away. Within Technology, IQMX has attractive long-term growth potential but a very small revenue base, substantial losses, elevated volatility, and a valuation that appears demanding compared with established technology companies. I rate it 4/10 in its sector, with weak current value and a speculative premium based more on future technological strength than present financial power. The business is financially fragile: it spends heavily, consumes cash, has no earnings or income return for shareholders, and depends on external funding to continue expansion, while its debt burden is comparatively manageable. The future could improve sharply if hardware orders and recurring software revenue accelerate, but dilution, delays, technical setbacks, and stronger competitors create a meaningful risk of disappointing returns. Bearish.

Review the available company profile, financial history, valuation context and investor signals for IQM Quantum Computers Oyj. Compare the reported operating results with the valuation and risk measures below.

The figures are cached research data and can change after new filings, earnings reports or market updates. Verify material facts with primary company disclosures before making an investment decision.