SEALSQ Reports 131% Revenue Growth in H1 2026

Insider Brief

• SEALSQ reported H1 2026 revenue of $11.2 million, up 131% year over year, while reaffirming its FY2026 revenue guidance of $27 million to $36 million.
• Gross profit increased 233% to $5.4 million, while the company reported a $32.2 million operating loss and $27.8 million net loss for the period.
• SEALSQ said its active business pipeline exceeded $225 million through 2029, including more than $100 million tied to post-quantum projects such as QS7001 and QVault TPM, although these figures remain subject to conversion and customer validation.

PRESS RELEASE — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or the “Company”), a company focused on developing and commercializing post-quantum semiconductor, PKI and trusted provisioning solutions, today announced its financial and operational results for the six-month period ended June 30, 2026.

H1 2026 Financial Highlights

• Revenue increased 131% to $11.2 million, compared to revenue of $4.8 million in H1 2025.
• Gross profit increased 233% to $5.4 million, compared to gross profit of $1.6 million in H1 2025; gross margin expanded to approximately 48%.
• Operating loss was $32.2 million, compared to operating loss of $21.2 million in H1 2025.
• Net loss was $27.8 million, compared to net loss of $20.0 million in H1 2025.
• EBITDA loss was $29.5 million, compared to EBITDA loss of $20.9 million in H1 2025.
• Cash, cash equivalents and restricted cash totaled $486.1 million at June 30, 2026; the broader liquidity measure including short-term investments was approximately $495 million.
• FY2026 revenue guidance of $27 million to $36 million was reaffirmed.
• The active business pipeline as of September 9, 2026, exceeded $225 million through 2029, including more than $100 million associated with the Company’s Post-Quantum projects, including the QS7001 and QVault TPM. These figures reflect management estimates and are subject to risks such as conversion risks, customer validation, and technical integration.