Quarterly UpdatesApr 10, 2026, 04:32 PM
Arqit Quantum H1 FY2026 Preliminary Revenue Jumps to ~$625K
AI Summary
Arqit Quantum Inc. announced preliminary unaudited financial results for the first half of fiscal year 2026, expecting revenue between $620,000 and $630,000. This represents a significant increase compared to $67,000 in the same period of fiscal year 2025 and surpasses the full fiscal year 2025 revenue of $530,000. The growth is attributed to revenue recognition from existing contracts and three new contracts signed during the period. The company also reported approximately $28.9 million in cash and cash equivalents as of March 31, 2026.
Key Highlights
- H1 FY2026 preliminary revenue: $620,000 to $630,000
- H1 FY2025 revenue: $67,000
- Full FY2025 revenue: $530,000
- Cash and cash equivalents as of March 31, 2026: ~$28.9 million
- Revenue growth driven by existing and three new contracts