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SEALSQ Corp reported audited FY 2025 revenue of $18.3 million, representing 66% year-over-year growth, and expects Q1 2026 revenue to exceed $4 million with over 100% growth, while reaffirming FY 2026 revenue guidance of 50%-100% growth.
Key Takeaways
1FY 2025 revenue grew 66% to $18.3 million, driven by core product demand and five months of IC'ALPS contribution.
2Q1 2026 revenue expected to exceed $4 million, representing over 100% growth compared to Q1 2025.
3FY 2026 revenue guidance reaffirmed at 50%-100% year-over-year growth.
4Strong liquidity position with over $525 million in cash and short-term investments as of March 31, 2026.
5Active business pipeline exceeds $200 million for 2026-2029, including $60 million linked to QS7001 and QVault TPM programs.
6QS7001 certification progressing with critical Common Criteria evaluation passed in March 2026.