SEALSQ Corp Announces 9M 2025 Preliminary Revenue and Key Financial Metrics

Core Insights - SEALSQ Corp focuses on developing and selling semiconductors, PKI, and post-quantum technology products, announcing preliminary financial metrics for the nine-month period ending September 30, 2025, and reaffirming its revenue guidance for FY 2025 and growth outlook for 2026 and beyond [1] Financial Metrics - Preliminary unaudited revenue for 9M 2025 is $9.9 million, reflecting a 41% year-on-year growth, with $5.1 million generated in Q3 2025 compared to $7.0 million in the same period last year [7] - Full-year revenue guidance for 2025 is projected between $17.5 million and $20.0 million, indicating a growth of 59% to 82% year-on-year [6][7] Operational Milestones - The third quarter of 2025 revenue surpassed total revenue for the first half of the year, with expectations for Q4 2025 revenues to be between $7.6 million and $10.1 million [4] - The acquisition of IC'ALPS in August 2025 contributed $1.3 million to revenue for the 9M 2025 period, enhancing SEALSQ's capabilities in custom chip and IP development [8] Growth Catalysts - The launch of Quantum Shield QS7001™ and QVault™ TPM solutions in 2026 is expected to drive growth, alongside the consolidation of IC'ALPS results and new partnerships [4][6] - The company anticipates continued revenue acceleration in 2026, with expected growth between 50% to 100% driven by new PQC chip launches and the Quantix Edge project [7] Strategic Initiatives - SEALSQ is advancing its Quantum Corridor initiative, expanding projects in India, UAE, and Brazil to strengthen regional PQC infrastructure [16][17] - The company is also developing post-quantum solutions for secure space communications through its investment in WISeSat.Space, which includes a constellation of 22 satellites [11][15] Market Positioning - SEALSQ's PQC chip portfolio is designed for critical sectors such as defense, IoT, and automotive, providing robust protection against emerging quantum threats [18][20] - The company is positioned as a leader in the post-quantum technology space, with a strong focus on compliance with national security standards and the development of quantum-resistant cryptography [10][19]