IQMX (IQM Quantum Computers Oyj) Operating Income: $ Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IQMX IQM Quantum Computers Oyj IQMX
11 GF Score
Price $10.00
View Full Analysis

What is IQM Quantum Computers Oyj Operating Income?

IQM Quantum Computers Oyj IQMX -1.21% 11 Operating Income is $ Mil as of Dec. 2025. GuruFocus rates IQMX with a GF Score™ of 11/100.

IQM Quantum Computers Oyj's Operating Income for the six months ended in Dec. 2025 was $-65.94 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. IQM Quantum Computers Oyj's Operating Income for the six months ended in Dec. 2025 was $-65.94 Mil. IQM Quantum Computers Oyj's Revenue for the six months ended in Dec. 2025 was $36.69 Mil. Therefore, IQM Quantum Computers Oyj's Operating Margin % for the quarter that ended in Dec. 2025 was -179.73%.

IQM Quantum Computers Oyj's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IQM Quantum Computers Oyj's annualized ROC % for the quarter that ended in Dec. 2025 was -59.20%. IQM Quantum Computers Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -78.46%.


IQM Quantum Computers Oyj  (NAS:IQMX) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

IQM Quantum Computers Oyj's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-65.944 * ( 1 - 0% )/( (100.488 + 122.304)/ 2 )
=-65.944/111.396
=-59.20 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=311.022 - 16.095 - ( 172.623 - max(0, 44.838 - 228.224+172.623))
=122.304

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

IQM Quantum Computers Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-61.973/( ( (77.312 + max(-4.711, 0)) + (80.657 + max(-0.14200000000001, 0)) )/ 2 )
=-61.973/( ( 77.312 + 80.657 )/ 2 )
=-61.973/78.9845
=-78.46 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.153 + 5.917 + 4.525) - (4.62 + 5.416 + 7.27)
=-4.711

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.137 + 15.797 + 6.743) - (16.095 + 8.871 + 15.853)
=-0.14200000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

IQM Quantum Computers Oyj's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-65.944/36.69
=-179.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


IQM Quantum Computers Oyj Operating Income Related Terms


IQM Quantum Computers Oyj Operating Income Historical Data

* Premium members only.

The historical data trend for IQM Quantum Computers Oyj's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IQM Quantum Computers Oyj Operating Income Chart

IQM Quantum Computers Oyj Annual Data
Trend Dec24 Dec25
Operating Income
-52.41 -65.94

IQM Quantum Computers Oyj Semi-Annual Data
Dec24 Dec25
Operating Income -52.41 -65.94
IQMX
11GF Score
IQM Quantum Computers Oyj IQMX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IQM Quantum Computers Oyj Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $ Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $ Mil mean?
IQM Quantum Computers Oyj (IQMX) has a Operating Income of $ Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on IQM Quantum Computers Oyj and its competitors.
Is IQM Quantum Computers Oyj's Operating Income too high?
IQM Quantum Computers Oyj's current Operating Income is $ Mil. Overall, IQM Quantum Computers Oyj has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does IQM Quantum Computers Oyj's Operating Income compare to MSFT and ORCL?
IQM Quantum Computers Oyj's Operating Income of $ Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Hardware company?
A good Operating Income depends on the Hardware industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on IQM Quantum Computers Oyj and its competitors. IQM Quantum Computers Oyj's current Operating Income is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IQM Quantum Computers Oyj stock overvalued right now?
IQM Quantum Computers Oyj (IQMX) has a current Operating Income of $ Mil. The current Operating Income is $ Mil. IQM Quantum Computers Oyj's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For IQM Quantum Computers Oyj (IQMX), the current Operating Income is $ Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IQM Quantum Computers Oyj Business Description

Other Exchanges 561:Germany
Address Keilaranta 19, Espoo, FIN, FI-02150
IQM Finland Oy is engaged in the development and commercialization of superconducting quantum computers and related services. It provides on-premises full-stack quantum computing systems and cloud-based access platforms for quantum computing applications. Its customers include high-performance computing centers, research laboratories, universities, and enterprise clients that use quantum computing hardware and software systems.
11GF Score

Get the complete analysis for IQMX

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.00
Price