Geneva, Switzerland, July 06, 2026 (GLOBE NEWSWIRE) --
Preliminary H1 2026 revenue of approximately $11 million, increased 120% vs. H1 2025, underscoring strong operating momentum.
Supported by approximately $495 million in cash and short-term investments, and an active pipeline exceeding $225 million through 2029, the Company reiterates its expectations of 50%–100% revenue growth in FY 2026.
SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced its preliminary unaudited financial results for the six-month period ended June 30, 2026 ("H1 2026"). The Company also provided an update on key strategic initiatives and reaffirmed its full-year 2026 revenue guidance. All figures are preliminary and unaudited.
H1 2026 preliminary financial highlights
Preliminary unaudited H1 2026 revenue is approximately $11 million, compared to revenue of $5 million in H1 2025, representing approximately 120% year-over-year growth.
Q2 2026 preliminary revenue of approximately $7 million reflects a sequential acceleration from the $4 million revenue recorded in Q1 2026.
As of June 30, 2026, cash and short-term investments stand at approximately $495 million, providing substantial liquidity to fund organic growth and strategic investments.
The Company's active business pipeline of more than $225 million in potential revenue opportunities through 2029, includes more than $60 million directly tied to QS7001 and QVault TPM post-quantum products. These figures reflect management estimates and are subject to risks such as conversion risks, customer validation, and technical integration.
The Company continued to advance its strategic partnerships with the completion of its participation in Quobly's Series A financing as well as two further investments in EeroQ, thereby strengthening the SEALQuantum initiative.
The SEALQuantum Fund, which is an internal strategic initiative through which SEALSQ allocates its own capital to accelerate development of its post-quantum and quantum technology capabilities, has a target allocation of $200 million, underpinning SEALSQ's long-term Root-to-Qubit strategy with the goal of accelerating the development of a fully integrated Quantum Vertical Sovereign Stack.
The 120% year-over-year revenue increase in H1 2026 was driven primarily by the strong growth in the demand for our Vault-IC secure element product family. In addition, H1 2026 included six months of consolidated revenues from IC'ALPS SAS, which was acquired in August 2025. Additional contributions came from continued growth in PKI subscription contracts as customers expand digital identity and certificate deployments, and initial revenues from the Quantix Edge Security semiconductor design center in Murcia, Spain.