SEALSQ Corp (LAES)

SEALSQ Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	479.8	417.66	84.62	6.9	4.06	2.06
Short-Term Investments	2.48	10.04	0.01	0	0	0.01
Cash & Short-Term Investments	482.28	427.69	84.63	6.9	4.06	2.07
Cash Growth	298.76%	405.38%	1126.68%	69.93%	96.23%	12.75%
Accounts Receivable	4.96	4.72	3.6	5.05	2.22	2.61
Other Receivables	24.43	9.41	0.73	0.42	0.22	0.19
Receivables	29.4	14.13	4.33	5.47	2.44	2.79
Inventory	2.1	2.01	1.42	5.23	7.51	2.71
Prepaid Expenses	1.44	0.88	0.36	0.61	0.39	0.45
Other Current Assets	0.28	4.92	2.33	2.06	1.72	0.22
Total Current Assets	521.81	449.64	93.06	20.27	16.12	8.25
Property, Plant & Equipment	10.98	10.01	4.23	4.51	2.16	2.66
Long-Term Investments	35.04	15.35	-	-	-	-
Goodwill	11.7	5.66	-	-	-	-
Other Intangible Assets	30.32	20.95	-	-	0	0.01
Long-Term Deferred Tax Assets	4.48	2.3	0.19	3.08	3.3	0.85
Other Long-Term Assets	0.33	0.25	0.08	0.08	0.08	0.08
Total Assets	614.64	504.18	97.57	27.94	21.66	11.84

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	5.44	4.89	3.44	6.96	6.74	7.26
Accrued Expenses	10.08	11.2	5.35	0.01	0.03	0.02
Short-Term Debt	-	0.69	4.83	1.28	-	-
Current Portion of Long-Term Debt	0.56	-	-	-	3.37	-
Current Portion of Leases	0.62	0.73	0.33	0.34	0.32	0.32
Current Income Taxes Payable	-	0	0	0	0.05	0
Current Unearned Revenue	2.52	1.63	0.09	0.13	0.08	0.11
Other Current Liabilities	16.95	9.12	2.85	-	0.04	0.05
Total Current Liabilities	36.16	28.25	16.89	8.72	10.63	7.76
Long-Term Debt	0.7	0.99	3.11	12.87	9.44	15.62
Long-Term Leases	5.27	5.6	0.62	0.89	0.99	1.46
Pension & Post-Retirement Benefits	2.63	2.16	0.46	0.43	0.4	0.58
Long-Term Deferred Tax Liabilities	5.81	4.37	-	-	-	-
Other Long-Term Liabilities	0.88	1.31	-	-	-	-
Total Liabilities	52.5	42.67	21.08	22.9	21.45	25.41

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2.31	1.99	1.08	0.23	0.15	1.77
Additional Paid-In Capital	655.72	534.77	116.57	24.73	16.73	7.26
Retained Earnings	-103.82	-76.11	-41.91	-20.71	-17.44	-23.21
Comprehensive Income & Other	0.47	0.85	0.76	0.78	0.78	0.62
Shareholders' Equity	562.14	461.51	76.49	5.03	0.21	-13.56
Total Liabilities & Equity	614.64	504.18	97.57	27.94	21.66	11.84

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	314.70%	454.03%	-	-	-	-
Net Cash Per Share	2.46	2.94	2.15	-0.55	-0.71	-1.09
Filing Date Shares Outstanding	230.93	199.02	107.54	22.95	15	15.01
Total Common Shares Outstanding	230.93	199.02	107.54	22.95	15	15.01
Working Capital	485.65	421.39	76.17	11.55	5.5	0.49
Book Value Per Share	2.40	2.32	0.71	0.22	0.01	-0.90
Tangible Book Value	512.66	434.9	76.49	5.03	0.21	-13.57
Tangible Book Value Per Share	2.22	2.19	0.71	0.22	0.01	-0.90
Buildings	0.22	0.22	-	-	-	-
Machinery	19.38	17.67	16.91	16.31	13.29	12.99

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 11, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 15, 2026

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