IQM Quantum Computers Valuation Multiples

Discover IQM Quantum Computers' revenue and EBITDA valuation multiples and M&A history.

IQM Quantum Computers Overview

About IQM Quantum Computers

IQM Quantum Computers Oyj is engaged in superconducting quantum computing and provides quantum computing systems and cloud platform access to enterprises, research institutions, high-performance computing centers, and national laboratories. Its offerings include quantum systems based on an open and modular architecture. The company has operations in Munich, Germany, and deployments across Europe, Asia, and North America.


Founded

2018

HQ

Finland

Employees

380

Website

iqm.tech

Financials (FY)

Revenue: $36M
EBITDA: ($45M)

EV

$2.4B

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IQM Quantum Computers Financials

IQM Quantum Computers reported last fiscal year revenue of $36M and negative EBITDA of ($45M).

In the same fiscal year, IQM Quantum Computers generated $17M in gross profit, ($45M) in EBITDA losses, and had net loss of ($62M).


IQM Quantum Computers P&L

In the most recent fiscal year, IQM Quantum Computers reported revenue of $36M and EBITDA of ($45M).

IQM Quantum Computers is unprofitable as of last fiscal year, with gross margin of 48%, EBITDA margin of (127%), and net margin of (174%).

See analyst estimates for IQM Quantum Computers
Last FY20242025202620272028
Revenue$36M$19M$36M
Gross Profit$17M$6M$17M
Gross Margin48%31%48%
EBITDA($45M)($47M)($45M)
EBITDA Margin(127%)(250%)(127%)
EBIT Margin(180%)(305%)(180%)
Net Profit($62M)($62M)($62M)
Net Margin(174%)(329%)(174%)

Financial data powered by Morningstar, Inc.

IQM Quantum Computers Stock Performance

IQM Quantum Computers has current market cap of $2.6B, and enterprise value of $2.4B.


IQM Quantum Computers' stock price is $12.10.

IQM Quantum Computers has an EPS (earnings per share) of $-0.29.

See more trading valuation data for IQM Quantum Computers
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$2.4B$2.6B-3.7%---$-0.29

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IQM Quantum Computers Valuation Multiples

IQM Quantum Computers trades at 67.4x EV/Revenue multiple, and (53.1x) EV/EBITDA.

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IQM Quantum Computers Financial Valuation Multiples

As of July 16, 2026, IQM Quantum Computers has market cap of $2.6B and EV of $2.4B.

IQM Quantum Computers has a P/E ratio of (41.1x).

Last FY20242025202620272028
EV/Revenue67.4x128.5x67.4x
EV/EBITDA(53.1x)(51.5x)(53.1x)
EV/EBIT(37.5x)(42.2x)(37.5x)
EV/Gross Profit141.0xn/m141.0x
P/E(41.1x)(41.3x)(41.1x)
EV/FCF(30.7x)(41.4x)(30.7x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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IQM Quantum Computers Margins & Growth Rates

In the most recent fiscal year, IQM Quantum Computers reported gross margin of 48%, EBITDA margin of (127%), and net margin of (174%).

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IQM Quantum Computers Margins

Last FY20242025202720282029
Gross Margin48%31%48%
EBITDA Margin(127%)(250%)(127%)
EBIT Margin(180%)(305%)(180%)
Net Margin(174%)(329%)(174%)
FCF Margin(219%)(310%)(219%)

IQM Quantum Computers Growth Rates

24/2526/2727/2828/29
Revenue Growth91%
Gross Profit Growth195%
EBITDA Growth(3%)
EBIT Growth13%
Net Profit Growth1%
FCF Growth35%

Data powered by FactSet, Inc. and Morningstar, Inc.

IQM Quantum Computers Operational KPIs

IQM Quantum Computers' revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.2M for the same period.

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Last FY20242025202620272028
Revenue per Employee$0.1M--
Opex per Employee$0.2M--
S&M Expenses to Revenue19%27%19%
G&A Expenses to Revenue59%75%59%
R&D Expenses to Revenue162%258%162%
Opex to Revenue228%335%228%

Data powered by FactSet, Inc. and Morningstar, Inc.

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IQM Quantum Computers Competitors

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E

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Acquisitions by IQM Quantum Computers

IQM Quantum Computers has acquired 1 company to date.

Last acquisition by IQM Quantum Computers was on July 5th 2026. IQM Quantum Computers acquired Quantistry (certain assets) for undisclosed valuation.

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Latest Acquisitions by IQM Quantum Computers

Quantistry (certain assets)
Description
Quantistry is a software provider. Its cloud-native platform enables simulation of chemicals and materials for industrial research groups.
HQ Country-
HQ City
-
Deal Date5 Jul 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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About IQM Quantum Computers

When was IQM Quantum Computers founded?IQM Quantum Computers was founded in 2018.
Where is IQM Quantum Computers headquartered?IQM Quantum Computers is headquartered in Finland.
How many employees does IQM Quantum Computers have?As of today, IQM Quantum Computers has over 380 employees.
Who is the CEO of IQM Quantum Computers?IQM Quantum Computers' CEO is Jan Goetz.
Is IQM Quantum Computers publicly listed?Yes, IQM Quantum Computers is a public company listed on Nasdaq.
What is the stock symbol of IQM Quantum Computers?IQM Quantum Computers trades under IQMX ticker.
When did IQM Quantum Computers go public?IQM Quantum Computers went public in 2026.
Who are competitors of IQM Quantum Computers?IQM Quantum Computers main competitors include
What is the current market cap of IQM Quantum Computers?IQM Quantum Computers' current market cap is $2.6B.
What is the current revenue of IQM Quantum Computers?IQM Quantum Computers' last fiscal year revenue is $36M.
What is the current EV/Revenue multiple of IQM Quantum Computers?Current revenue multiple of IQM Quantum Computers is 67.4x.
Is IQM Quantum Computers profitable?No, IQM Quantum Computers is not profitable.
How many companies IQM Quantum Computers has acquired to date?As of July 2026, IQM Quantum Computers has acquired 1 company.
What was the largest acquisition by IQM Quantum Computers?None of the M&A deals IQM Quantum Computers has completed have disclosed valuations.
What companies IQM Quantum Computers acquired?IQM Quantum Computers acquired Quantistry (certain assets).
In how many companies IQM Quantum Computers has invested to date?IQM Quantum Computers hasn't invested in any companies yet (or none have been disclosed publicly).

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