AI Analysis
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SEALSQ Corp reported FY 2025 audited revenue of $18.3 million (66% YoY growth), reaffirmed FY 2026 revenue growth guidance of 50%-100%, and held over $525 million in cash and short-term investments as of March 31, 2026.
Key Takeaways
1FY 2025 revenue reached $18.3 million, a 66% increase year-over-year, driven by semiconductor demand and the IC'ALPS acquisition.
2Q1 2026 revenue is expected to exceed $4 million, representing over 100% growth compared to Q1 2025.
3The company reaffirmed FY 2026 guidance with revenue expected to grow between 50% and 100% year-over-year.
4Cash and short-term investments totaled over $525 million as of March 31, 2026, following a $125 million capital raise.
5FY 2025 net loss was $34.2 million, including an $11.2 million non-cash share-based compensation charge.
6QS7001 certification is progressing, with critical Common Criteria EAL5+ testing passed in March 2026.