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IQM Quantum Computers' order backlog grows 52% in 2026 Q3; reaffirms full-year guidance.

Company Fundamentals
05 Nov 2026, 13:00 WIB
Iqm Quantum Computers Oyj
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Bullish
IQM Quantum Computers' order backlog grows 52% in 2026 Q3; reaffirms full-year guidance.

IQM Quantum Computers reported a 52% increase in order backlog to €102.5 million by September 30, 2026, driven by major new contracts including the LUMI-IQ Halocene order. Q3 revenue rose 51% year-over-year to €8.9 million, with cash reserves at €260.4 million. The company expanded its global customer base to four continents and advanced its quantum computing technology, aiming for error-corrected systems in 2027. IQM reaffirmed its 2026 full-year guidance of €65-75 million in orders and €42-47 million in revenue, supported by strong commercial momentum and strategic investments.

IQM Quantum Computers' Q3 2026 report provides context for readers interested in technology developments. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 05, 2026 13:11 WIB: out of 150 priced US tech stocks, 51 rose and 96 fell. Notable movers include APP (Applovin Corporation) at USD 325.32 with a 1-day change of +19.71% and 98% sell order activity, EGHT (8x8 Inc) at USD 2.44 with +17.03%, and FSLY (Fastly Inc) at USD 17.70 with -15.85% and 100% sell order activity.

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