| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 0.90 | 18.4% | 11.1% |
| Total Income | 0.90 | 18.4% | 11.1% |
| Expenditure | 3.30 | 8.9% | 32.0% |
| PBT | -2.62 | 17.5% | 56.0% |
| Net Profit | -2.69 | 20.6% | 57.3% |
| OPM | — | ||
| NPM | — | ||
| EPS | -0.48 | 14.3% | 30.4% |
T Stamp Inc. Reports H1 2026 Business Update with 22% Revenue Increase and Entry into Sovereign-AI Market
14 Aug 2026 · 14 Aug, 1:50 am
Summary
T Stamp Inc. reported a 22% increase in net recognized revenue for the first half of 2026, reaching $1.66 million. This growth was primarily driven by increased revenue from an S&P 500 bank customer and a multinational telecommunications corporation. While total operating expenses rose to $6.32 million, the company highlighted strategic initiatives including selection for the EU's IPCEI program and entry into the burgeoning Sovereign-AI market, which is projected to reach $48 billion in 2026. The net loss for the period widened to $4.93 million, reflecting increased expenses and non-cash items.
Key Highlights
- 1
Net recognized revenue for H1 2026 increased by 22% to $1.66 million, up from $1.36 million in the corresponding period of 2025.
- 2
The Company identified a sales pipeline of $42.40 million for 2026 and 2027 combined, with an estimated revenue pipeline of $9.48 million after discounting.
- 3
Total operating expenses for H1 2026 were $6.32 million, an increase of $1.12 million compared to the prior year period, including $1.42 million in non-cash expenses.
- 4
Net loss for H1 2026 was $4.93 million, a 27.29% increase year-on-year, with basic and diluted net loss per share at $0.90.
- 5
Trust Stamp has been selected as a participant in the European Union's IPCEI program for Advanced Semiconductor Technologies.
- 6
The Company is entering the Sovereign-AI market, estimated to exceed $48 billion in 2026, with the establishment of the Sovereign Technology Centre in Malta.
Management Comments
Gareth N. Genner
The increase in recognized revenue reflects a high level of continued performance on historic engagements in parallel to our work with new clients that we anticipate will result in significant billable revenue. Our pipeline of substantial revenue prospects has continued to grow and mature and we are seeing significant interest in our WoWTM wallet-of-wallets which is planned to be launched once there is resolution of the uncertainties regarding the Clarity Act. Our selection for the European Union’s IPCEI program is an exciting recognition of the value of our technology when applied to linking human identity to semiconductor based applications. Finally, our investment in developing the Sovereign Technology Centre concept has been very timely given the accelerating range of challenges to frontier model deployments and we anticipate significant interest from international governmental entities concerned with technology sovereignty, privacy and jurisdictional issues. We will also target enterprises aiming to protect intellectual property and ensure compliance with GDPR and other privacy and data localization legislation while guaranteeing access to affordable customized models.
Informational and educational content only. Not investment advice.