IQM Quantum Computers Oyj Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	31.33	16.44
Revenue Growth (YoY)	90.64%	-
Cost of Revenue	16.35	11.35
Gross Profit	14.98	5.08
Selling, General & Admin	24.35	16.85
Research & Development	50.68	42.42
Other Operating Expenses	-3.61	-4.13
Operating Expenses	71.6	55.12
Operating Income	-56.62	-50.04
Interest Expense	-1.13	-1.52
Interest & Investment Income	1.91	0.02
Currency Exchange Gain (Loss)	-0.18	-0
Other Non Operating Income (Expenses)	3.37	-2.6
EBT Excluding Unusual Items	-52.65	-54.14
Gain (Loss) on Sale of Investments	0.03	0.04
Asset Writedown	-1.66	-
Other Unusual Items	0.21	-
Pretax Income	-54.06	-54.1
Income Tax Expense	0.33	0
Net Income	-54.39	-54.11
Net Income to Common	-54.39	-54.11
Shares Outstanding (Basic)	0	0
Shares Outstanding (Diluted)	0	0
Shares Change (YoY)	-0.10%	-
EPS (Basic)	-171.78	-170.71
EPS (Diluted)	-171.78	-170.71
Free Cash Flow	-68.73	-50.97
Free Cash Flow Per Share	-217.09	-160.82
Gross Margin	47.82%	30.93%
Operating Margin	-180.70%	-304.43%
Profit Margin	-173.58%	-329.19%
Free Cash Flow Margin	-219.36%	-310.12%
EBITDA	-46.95	-42.46
EBITDA Margin	-149.83%	-258.31%
D&A For EBITDA	9.67	7.58
EBIT	-56.62	-50.04
EBIT Margin	-180.70%	-

SEC Filings: 10-K · 10-Q