LAES · SEALSQ Corp

Summary

SEALSQ Corp announced preliminary unaudited FY2025 revenue of $18 million, up 66% year-over-year, and Q4 2025 revenue of $8 million versus $4 million in Q4 2024, driven by semiconductor/PKI demand, IC'ALPS acquisition, and post-quantum traction. FY2025 net loss is expected at $30-40 million versus $21 million in 2024, with over $425 million in cash as of December 31, 2025.

Key takeaways

• FY2025 revenue $18 million, 66% increase from FY2024
• Q4 2025 revenue $8 million vs $4 million in Q4 2024
• FY2025 net loss expected $30-40 million vs $21 million in FY2024
• Cash over $425 million as of Dec 31, 2025
• IC'ALPS acquisition on Aug 4, 2025 contributed ~$3.5 million revenue
• $30 million deployed into strategic investments including IC'ALPS, Quantix Edge Security, WISeSat Space AG, WeCan Group, EeroQ