IQM Quantum Computers Oyj Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	37.15	31.33	16.44
Revenue Growth	-	90.64%	-
Cost of Revenue	19.14	16.35	11.35
Gross Profit	18.01	14.98	5.08
Selling, General & Admin	75.54	24.35	16.85
Research & Development	65.69	50.68	42.42
Other Operating Expenses	-7.67	-3.61	-4.13
Operating Expenses	133.74	71.6	55.12
Operating Income	-115.74	-56.62	-50.04
Interest Expense	-20.92	-1.13	-1.52
Interest & Investment Income	1.91	1.91	0.02
Currency Exchange Gain (Loss)	-0.18	-0.18	-0
Other Non Operating Income (Expenses)	-98.02	3.37	-2.6
EBT Excluding Unusual Items	-232.95	-52.65	-54.14
Gain (Loss) on Sale of Investments	0.03	0.03	0.04
Asset Writedown	-1.5	-1.66	-
Other Unusual Items	0.21	0.21	-
Pretax Income	-234.21	-54.06	-54.1
Income Tax Expense	0.52	0.33	0
Net Income	-234.73	-54.39	-54.11
Net Income to Common	-234.73	-54.39	-54.11
Net Income Growth	-	-	-
Shares Outstanding (Basic)	70	31	31
Shares Outstanding (Diluted)	70	31	31
Shares Change	128.51%	-0.10%	-
EPS (Basic)	-3.34	-1.78	-1.77
EPS (Diluted)	-3.34	-1.78	-1.77
EPS Growth	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	-97.18	-68.73	-50.97
Free Cash Flow Per Share	-1.38	-2.25	-1.67
Gross Margin	48.47%	47.82%	30.93%
Operating Margin	-311.55%	-180.70%	-304.43%
Profit Margin	-631.86%	-173.58%	-329.19%
Free Cash Flow Margin	-261.58%	-219.36%	-310.12%
EBITDA	-105.85	-46.95	-42.46
EBITDA Margin	-284.94%	-149.83%	-258.31%
D&A For EBITDA	9.88	9.67	7.58
EBIT	-115.74	-56.62	-50.04
EBIT Margin	-	-180.70%	-