SEALSQ Corp Announces 9M 2026 Preliminary Revenue of $16.3 Million, Up 65% Year-on-Year; Reaffirms FY 2026 Revenue Guidance of $27 Million to $36 Million
SEALSQ announced preliminary unaudited 9M 2026 revenue of $16.3 million, up 65% from $9.9 million a year earlier, with sequential growth every quarter. The company reaffirmed FY 2026 revenue guidance of $27-36 million (50-100% growth vs. $18M in FY 2025), implying Q4 revenue of $11-20 million versus $8.4 million in Q4 2025. Liquidity stands at approximately $463 million, and management cited a $200 million+ pipeline through 2029, including more than $100 million tied to post-quantum projects such as QS7001 and QVault TPM, with 42 customers now evaluating the new products.
Key figures
- Revenue
- 16300000
- Guidance
- FY 2026 revenue of approximately $27 million to $36 million (50-100% growth vs. $18M FY 2025); Q4 2026 revenue $11 million to $20 million vs. $8.4 million in Q4 2025
- Revenue Yoy
- 65%
- Fy2025 revenue
- $18 million
- Pipeline total
- more than $200 million through 2029
- Q4 2025 revenue
- $8.4 million
- Icalps contribution
- $3.8 million in 9M 2026
- Cash and equivalents
- $463.0 million at September 30, 2026
- Post quantum pipeline
- more than $100 million
- Customers evaluating qs7001 qvault
- 42 at September 30, 2026 vs. 30 at June 30, 2026
AI analysis
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