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SEALSQ Corp announced preliminary unaudited FY 2025 revenue of $18 million, up 66% year-over-year, with Q4 2025 revenue of $8 million versus $4 million in Q4 2024, and net loss expected at $30-40 million. The company ended 2025 with over $425 million in cash and reaffirmed FY 2026 revenue growth guidance of 50%-100% year-over-year.