SEALSQ Corp (LAES)

NASDAQ: LAES · Real-Time Price · USD

1.320

+0.090 (7.32%)

At close: Nov 6, 2026, 4:00 PM EST

1.300

-0.020 (-1.52%)

After-hours: Nov 6, 2026, 7:54 PM EST

SEALSQ Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	24.58	18.25	10.98	30.06	23.2	17
Revenue Growth	34.66%	66.21%	-63.47%	29.57%	36.50%	18.70%
Gross Profit	12.93	9.14	4.21	14.47	9.93	7.45
Operating Income	-50.75	-39.8	-17.19	-4.14	0.68	-4.85
Net Income	-41.88	-34.19	-21.2	-3.27	5.77	-4.83
Earnings Per Share	-0.22	-0.24	-0.60	-0.21	0.41	-0.34
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Semiconductors	18.43	14.65	10.98	30.06	23.2	-
Application Specific Integrated Circuits (ASIC)	-	4.08	-	-	-	-
Elimination of Intersegment	-	-0.48	-	-	-	-0.42
Total	24.53	18.25	10.98	30.06	23.2	17

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	482.28	427.69	84.63	6.9	4.06	2.07
Total Debt	7.14	8	8.88	15.38	14.12	17.39
Net Cash (Debt)	475.14	419.7	75.75	-8.48	-10.06	-15.32
Net Cash Growth	13.21%	454.03%	-	-	-	-
Net Cash Per Share	2.46	2.94	2.15	-0.55	-0.71	-1.09

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-43.11	-31.26	-10.12	-2.75	0.45	-3.36
Capital Expenditures	-2.26	-0.74	-0.57	-3.02	-0.3	-0.04
Free Cash Flow	-45.37	-32	-10.7	-5.77	0.15	-3.4
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	52.62%	50.06%	38.30%	48.14%	42.81%	43.82%
Operating Margin	-206.50%	-218.08%	-156.55%	-13.78%	2.95%	-28.53%
Pretax Margin	-172.59%	-188.23%	-164.98%	-10.12%	10.88%	-28.37%
Profit Margin	-170.38%	-187.34%	-193.07%	-10.87%	24.87%	-28.40%
FCF Margin	-184.60%	-175.32%	-97.40%	-19.18%	0.63%	-20.01%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 9, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PS Ratio	12.40	38.29	54.72	0.64	-	-