SEALSQ Corp Reports Preliminary H1 2026 Results; Revenue up 120%, FY 2026 Guidance Reaffirmed

Ge eva, Switze la d, July 06, 2026 (GLOBE NEWSWIRE) —

P elimi a y H1 2026 eve ue of app oximately $11 millio , i c eased 120% vs. H1 2025, u de sco i g st o g ope ati g mome tum.Suppo ted by app oximately $495 millio i cash a d sho t-te m i vestme ts, a d a active pipeli e exceedi g $225 millio th ough 2029, the Compa y eite ates its expectatio s of 50%–100% eve ue g owth i FY 2026.

SEALSQ Co p (NASDAQ: LAES) (“SEALSQ” o “Compa y”), a compa y that focuses o developi g a d selli g Semico ducto s, PKI, a d Post-Qua tum tech ology ha dwa e a d softwa e p oducts, today a ou ced its p elimi a y u audited fi a cial esults fo the six-mo th pe iod e ded Ju e 30, 2026 (“H1 2026”). The Compa y also p ovided a update o key st ategic i itiatives a d eaffi med its full-yea 2026 eve ue guida ce. All figu es a e p elimi a y a d u audited.

H1 2026 p elimi a y fi a cial highlights

• P elimi a y u audited H1 2026 eve ue is app oximately $11 millio , compa ed to eve ue of $5 millio i H1 2025, ep ese ti g app oximately 120% yea -ove -yea g owth.
• Q2 2026 p elimi a y eve ue of app oximately $7 millio eflects a seque tial accele atio f om the $4 millio eve ue eco ded i Q1 2026.
• As of Ju e 30, 2026, cash a d sho t-te m i vestme ts sta d at app oximately $495 millio , p ovidi g substa tial liquidity to fu d o ga ic g owth a d st ategic i vestme ts.
• The Compa y’s active busi ess pipeli e of mo e tha $225 millio i pote tial eve ue oppo tu ities th ough 2029, i cludes mo e tha $60 millio di ectly tied to QS7001 a d QVault TPM post-qua tum p oducts. These figu es eflect ma ageme t estimates a d a e subject to isks such as co ve sio isks, custome validatio , a d tech ical i teg atio .
• The Compa y co ti ued to adva ce its st ategic pa t e ships with the completio of its pa ticipatio i Quobly’s Se ies A fi a ci g as well as two fu the i vestme ts i Ee oQ, the eby st e gthe i g the SEALQua tum i itiative.
• The SEALQua tum Fu d, which is a i te al st ategic i itiative th ough which SEALSQ allocates its ow capital to accele ate developme t of its post-qua tum a d qua tum tech ology capabilities, has a ta get allocatio of $200 millio , u de pi i g SEALSQ’s lo g-te m Root-to-Qubit st ategy with the goal of accele ati g the developme t of a fully i teg ated Qua tum Ve tical Sove eig Stack.

The 120% yea -ove -yea eve ue i c ease i H1 2026 was d ive p ima ily by the st o g g owth i the dema d fo ou Vault-IC secu e eleme t p oduct family. I additio , H1 2026 i cluded six mo ths of co solidated eve ues f om IC’ALPS SAS, which was acqui ed i August 2025. Additio al co t ibutio s came f om co ti ued g owth i PKI subsc iptio co t acts as custome s expa d digital ide tity a d ce tificate deployme ts, a d i itial eve ues f om the Qua tix Edge Secu ity semico ducto desig ce te i Mu cia, Spai .

Reve ue mix a d busi ess d ive sWhile SEALSQ pla s to p ovide mo e detailed segme t disclosu es with its full H1 2026 epo t, p elimi a y t e ds i dicate solid pe fo ma ce ac oss seve al a eas:

• Secu e eleme ts (Vault-IC) co ti ued to be efit f om co ected-device dema d, pa ticula ly i i dust ial a d IoT use cases whe e ha dwa e oots-of-t ust a e i c easi gly ma dated by custome s a d egulato s.
• PKI a d t ust se vices showed ecu i g eve ue g owth, eflecti g highe volumes of digital ide tity issua ce, ce tificate e ewals a d subsc iptio co t acts, suppo ted by evolvi g cybe a d data-p otectio egulatio s.
• The co solidatio of IC’ALPS eve ue co t ibuted mea i gfully to H1 2026 pe fo ma ce, validati g the acquisitio st ategy a d p ovidi g SEALSQ with e ha ced ASIC desig a d ma ufactu i g capabilities.
• Ea ly eve ue f om Qua tix Edge Secu ity demo st ates t actio fo sove eig semico ducto i itiatives a d positio s SEALSQ to pa ticipate i egio al p og ams focused o secu e, domestically co t olled chip desig a d pe so alizatio .

FY 2026 guida ce a d g owth outlook

SEALSQ’s outlook stateme ts a e based o cu e t expectatio s. The followi g stateme ts a e fo wa d-looki g a d actual esults could diffe mate ially depe di g o ma ket co ditio s a d the facto s set fo th u de “Fo wa d Looki g Stateme ts” below.

SEALSQ eaffi med its p eviously commu icated FY 2026 eve ue guida ce, with eve ue expected to g ow betwee 50% a d 100% yea -ove -yea elative to audited FY 2025 eve ue of $18.3 millio .

The Compa y’s FY 2026 guida ce is suppo ted by seve al ide tifiable eve ue d ive s:

• I c easi g PKI ecu i g eve ues as custome s espo d to escalati g cybe th eats a d the e fo ceme t of egulato y f amewo ks such as the EU Cybe Resilie ce Act, e ha ci g ove all eve ue visibility.
• Full-yea co solidatio of IC’ALPS SAS eve ues, compa ed to five mo ths of co t ibutio i FY 2025, togethe with a expa di g ASIC desig co t act pipeli e expected to suppo t co ti ued top-li e g owth.
• I itial eve ues f om the QS7001 a d QVault TPM post-qua tum platfo ms a e expected to comme ce towa ds the e d of H2 2026 followi g the completio of tech ical validatio a d ea ly custome i teg atio cycles.
• Expected co ti ued expa sio of Vault-IC secu e eleme t sales i to co ected devices, i dust ial systems a d edge-computi g applicatio s.
• A ticipated eve ue co t ibutio s f om Qua tix Edge Secu ity, a €40 millio joi t ve tu e with the Spa ish gove me t to establish a Post-Qua tum sove eig semico ducto pe so alizatio ce te i Mu cia, Spai , as the p oject amps-up th ough H2 2026.
• Expected executio of a custom post-qua tum ASIC desig co t act i H2 2026, which is expected to ge e ate a additio al eve ue st eam begi i g i H2 2026.
• G owi g comme cial t actio f om mo e tha fiftee p ospective custome s a d pa t e s actively evaluati g QS7001 a d its SDK, suppo ted by pa t e ships with Lattice Semico ducto i the U.S. ma ket.

Ca los Mo ei a, CEO of SEALSQ oted, “The fi st half of 2026 was a impo ta t i flectio poi t fo SEALSQ. We delive ed app oximately 120% yea -ove -yea eve ue g owth, completed the acquisitio of Mi aex SA to add qua tum photo ics i te co ect capabilities, i c eased ou ow e ship i Weca G oup to a majo ity positio , a d pa ticipated as a lead i vesto i Quobly’s €115 millio Se ies A ou d alo gside STMic oelect o ics. Togethe , these steps st e gthe ou positio as a ve tically i teg ated, sove eig -focused post-qua tum secu ity a d qua tum tech ology compa y, f om silico -level oots-of-t ust th ough to qua tum compute a d o bital delive y. With QS7001 adva ci g th ough its fi al ce tificatio milesto es, a d a g owi g comme cial pipeli e, we believe we have the capital, tech ology a d ecosystem equi ed to lead i the post-qua tum e a.”

Joh O’Ha a, CFO of SEALSQ added, “The fi st half of 2026 demo st ates co ti ued p og ess i ou fi a cial fu dame tals. P elimi a y H1 2026 eve ue of app oximately $11 millio , mo e tha double the $5 millio eve ue i H1 2025, eflects a healthy step-up f om oughly $4 millio eve ue i Q1 to about $7 millio eve ue i Q2 as IC’ALPS, Vault-IC secu e eleme ts, PKI se vices a d the Qua tix Edge Secu ity p oject all co t ibuted. Ou cash a d sho t-te m i vestme ts of app oximately $495 millio as of Ju e 30, 2026, which we e boosted by the $125.0 millio Registe ed Di ect Offe i g completed i Ma ch 2026, p ovides sig ifica t capacity to fu d g owth a d execute o ou p io ities without comp omisi g fi a cial discipli e. With a active pipeli e of mo e tha $225 millio th ough 2029, i cludi g ove $60 millio tied to QS7001 a d QVault TPM, a d a eaffi med FY 2026 eve ue guida ce a ge of $27 millio to $36 millio , we believe we have both the esou ces a d visibility eeded to suppo t ou comme cial amp a d delive o ou fi a cial objectives.”

Post-qua tum p oduct a d ce tificatio p og essSEALSQ’s post-qua tum semico ducto po tfolio is a cho ed by two p ima y p oducts:

• QS7001 Post-Qua tum Secu e Eleme t, desig ed to embed NIST-sta da dized algo ithms a d hyb id c yptog aphic capabilities at the silico level.
• QVault T usted Platfo m Module (TPM), desig ed to p ovide a post-qua tum-capable ha dwa e oot-of-t ust fo systems adopti g hyb id a d c ypto-agile a chitectu es.

I H1 2026, SEALSQ achieved key milesto es that suppo t comme cializatio :

• QS7001 obtai ed NIST SP 800-90B E t opy Sou ce Validatio (ESV Ce tificate #E333), which is a ma dato y p e equisite fo achievi g FIPS 140-3 Level 3 a d CC EAL5+ ce tificatio s.
• I Ma ch 2026, QS7001 successfully completed Commo C ite ia fault-i jectio a d side-cha el esista ce tests. The Compa y expects to eceive CC EAL5+ Evaluatio Tech ical Repo t (ETR) f om the I fo matio Tech ology Secu ity Evaluatio Facility (ITSEF) lab i H2 2026.
• QVault TPM custome sampli g p og essed, a d SEALSQ expects i itial comme cial eve ues f om this p oduct by the e d of H2 2026.
• QS7001 evaluatio kits, available si ce Novembe 2025, co ti ue to be deployed i to e te p ise custome e vi o me ts, suppo ti g a 12–18 mo th sales a d i teg atio cycle that is expected to u de pi late-2026 a d 2027 p oductio eve ues.

These ce tificatio s a d evaluatio s a e c itical fo custome s ope ati g u de st i ge t egulato y egimes, a d they positio SEALSQ’s p oducts to se ve ma kets whe e i depe de t validatio a d ce tificatio a e a p e equisite fo p ocu eme t.

Jea -Pie e E gue t, CTO of SEALSQ, added, “The co ve ge ce of AI a d post-qua tum tech ologies is d ivi g o e of the most sig ifica t shifts i semico ducto secu ity a chitectu e si ce the i t oductio of the TPM sta da d. Ou QS7001 post-qua tum secu e eleme t, which has achieved NIST SP 800-90B E t opy Sou ce Validatio a d passed all key Commo C ite ia fault-i jectio a d side-cha el tests, is desig ed to be o e of the most comp ehe sively ce tified post-qua tum silico platfo ms available. This gives custome s a high level of assu a ce at a time whe egulato s a e begi i g to ma date the t a sitio to post-qua tum c yptog aphy u de CNSA 2.0, NIST FIPS sta da ds a d the EU Cybe Resilie ce Act.”

Regulato y a d ma ket backd opGlobal egulato s a d sta da ds bodies a e movi g fo wa d with post-qua tum c yptog aphy adoptio , c eati g a suppo tive backd op fo SEALSQ’s offe i gs:

• NIST has fi alized i itial post-qua tum sta da ds a d is p og essi g with CNSA 2.0, which guides U.S. fede al age cies i t a sitio i g to qua tum- esista t algo ithms.
• The Eu opea Commissio a d atio al age cies a e establishi g deadli es fo mig atio to post-qua tum c yptog aphy ac oss c itical i f ast uctu e, with some egulato s equi i g c ypto-agile a chitectu es i ewly deployed systems.
• ANSSI, the F e ch atio al cybe secu ity age cy, has i dicated that it will cease ce tifyi g o –qua tum- esista t secu ity p oducts withi a defi ed timef ame, fu the accele ati g the eed fo complia t, post-qua tum- eady solutio s.
• The EU Cybe Resilie ce Act a d elated digital egulatio s a e ei fo ci g ha dwa e-based secu ity equi eme ts, pa ticula ly fo co ected a d i dust ial devices.

SEALSQ’s focus o ha dwa e oots-of-t ust, Eu opea p ese ce a d alig me t with these f amewo ks is i te ded to suppo t custome adoptio a d lo g-te m dema d.

SEALQua tum Fu d

The SEALQua tum Fu d, which is a i te al st ategic i itiative th ough which SEALSQ allocates its ow capital to accele ate developme t of its post-qua tum a d qua tum tech ology capabilities, has a ta get allocatio of $200 millio , u de pi i g SEALSQ’s lo g-te m Root-to-Qubit st ategy with the goal of accele ati g the developme t of a fully i teg ated Qua tum Ve tical Sove eig Stack. The i itiative focuses o th ee domai s:

• Qua tum ha dwa e a d i te co ects, i cludi g i vestme ts i silico spi -qubit p ocesso s, elect o s-o -helium qubits a d photo ics-based qua tum i te co ects.
• Semico ducto desig a d ve tical i teg atio , a cho ed by IC’ALPS a d compleme ted by i itiatives i desig , IP a d ma ufactu i g pa t e ships.
• Digital i f ast uctu e, space a d AI complia ce, i cludi g o bital platfo ms a d AI-d ive egulato y tech ology i teg ati g post-qua tum secu ity.

To date, ove $60 millio has bee allocated i to st ategic t a sactio s, i cludi g IC’ALPS, Mi aex, Quobly, Qua tix Edge Secu ity, Colib iTD, Ee oQ, WISeSat, Qua tix Edge Secu ity a d Weca G oup.

Du i g H1 2026, SEALSQ adva ced a se ies of st ategic, ope atio al a d p oduct i itiatives i te ded to st e gthe its positio i post-qua tum semico ducto s, t usted i f ast uctu e a d sove eig qua tum tech ologies. These t a sactio s p ovide SEALSQ with st ategic collabo atio oppo tu ities a d ope atio al capabilities ac oss multiple laye s of the eme gi g qua tum ecosystem.

• Completed the acquisitio of Mi aex SA, addi g photo ics-based qua tum i te co ect capabilities a d st e gthe i g the Compa y’s “Root-to-Qubit” a chitectu e.
• I c eased its ow e ship i Weca G oup to a majo ity positio , suppo ti g the i teg atio of SEALSQ’s post-qua tum c yptog aphy a d ha dwa e oot-of-t ust i to AI-d ive complia ce tools se vi g mo e tha 100 fi a cial i stitutio s.
• Pa ticipated as a lead i vesto i Quobly’s €115 millio Se ies A fi a ci g ou d, expa di g collabo atio i silico spi -qubit p ocesso s a d secu i g gove a ce ights alig ed with SEALSQ’s lo g-te m st ategy.
• Expa ded its commitme t to Ee oQ th ough additio al i vestme t a d a lead ole i a upcomi g fi a ci g ou d, ei fo ci g SEALSQ’s exposu e to elect o s-o -helium qubit tech ology as pa t of a dive sified qua tum po tfolio.
• Adva ced comme cializatio of its post-qua tum semico ducto po tfolio, i cludi g QS7001 achievi g NIST SP 800-90B E t opy Sou ce Validatio a d passi g key Commo C ite ia fault-i jectio a d side-cha el esista ce tests.
• P og essed custome evaluatio s of QS7001 a d QVault TPM, with mo e tha fiftee p ospective custome s a d pa t e s actively evaluati g the platfo m a d i itial p oductio eve ues expected i H2 2026.
• Established U.S. ma ket pa t e ships with Lattice Semico ducto , i cludi g a p oof-of-co cept TPM-FPGA solutio demo st ated at Embedded Wo ld 2026.
• Suppo ted the buildout of Qua tix Edge Secu ity i Mu cia, Spai , a €40 millio sove eig semico ducto i itiative expected to co t ibute eve ue i H2 2026.

Collectively, these actio s a e i te ded to positio SEALSQ as a ve tically i teg ated pa ticipa t i both post-qua tum secu ity a d qua tum computi g ma kets.

About SEALSQ:SEALSQ is a leadi g i ovato i Post-Qua tum Tech ology ha dwa e a d softwa e solutio s. Ou tech ology seamlessly i teg ates Semico ducto s, PKI (Public Key I f ast uctu e), a d P ovisio i g Se vices, with a st ategic emphasis o developi g state-of-the-a t Qua tum Resista t C yptog aphy a d Semico ducto s desig ed to add ess the u ge t secu ity challe ges posed by qua tum computi g. As qua tum compute s adva ce, t aditio al c yptog aphic methods like RSA a d Elliptic Cu ve C yptog aphy (ECC) a e i c easi gly vul e able.

SEALSQ is pio ee i g the developme t of Post-Qua tum Semico ducto s that p ovide obust, futu e-p oof p otectio fo se sitive data ac oss a wide a ge of applicatio s, i cludi g Multi-Facto Authe ticatio toke s, Sma t E e gy, Medical a d Healthca e Systems, Defe se, IT Netwo k I f ast uctu e, Automotive, a d I dust ial Automatio a d Co t ol Systems. By embeddi g Post-Qua tum C yptog aphy i to ou semico ducto solutio s, SEALSQ e su es that o ga izatio s stay p otected agai st qua tum th eats. Ou p oducts a e e gi ee ed to safegua d c itical systems, e ha ci g esilie ce a d secu ity ac oss dive se i dust ies.

Fo mo e i fo matio o ou Post-Qua tum Semico ducto s a d secu ity solutio s, please visit www.sealsq.com.

Fo wa d-Looki g Stateme tsThis commu icatio exp essly o implicitly co tai s ce tai fo wa d-looki g stateme ts co ce i g SEALSQ Co p a d its busi esses. Fo wa d-looki g stateme ts i clude stateme ts ega di g ou busi ess st ategy, fi a cial pe fo ma ce, esults of ope atio s, ma ket data, eve ts o developme ts that we expect o a ticipate will occu i the futu e, as well as a y othe stateme ts which a e ot histo ical facts. Fo wa d-looki g stateme ts i this commu icatio i clude, but a e ot limited to, stateme ts elati g to: ou FY 2026 eve ue guida ce of 50%–100% yea -ove -yea g owth; the expected timi g a d comme ceme t of eve ues f om QS7001 a d QVault TPM p oducts; expectatio s ega di g ou busi ess pipeli e th ough 2029; pla ed deployme t of the SEALQua tum Fu d; a ticipated p og ess o post-qua tum p oduct ce tificatio s, i cludi g FIPS 140-3 Level 3 a d CC EAL5+ ce tificatio s; expected eve ue co t ibutio s f om Qua tix Edge Secu ity, IC’ALPS a d ou othe st ategic i vestme ts; a d expectatio s ega di g custome evaluatio a d i teg atio cycles.   Although we believe that the expectatio s eflected i such fo wa d-looki g stateme ts a e easo able, o assu a ce ca be give that such expectatio s will p ove to have bee co ect. These stateme ts i volve k ow a d u k ow isks a d a e based upo a umbe of assumptio s a d estimates which a e i he e tly subject to sig ifica t u ce tai ties a d co ti ge cies, ma y of which a e beyo d ou co t ol. Actual esults may diffe mate ially f om those exp essed o implied by such fo wa d-looki g stateme ts. Impo ta t facto s that, i ou view, could cause actual esults to diffe mate ially f om those discussed i the fo wa d-looki g stateme ts i clude the isks elated to the fi alizatio of the fi a cial esults fo the half-yea e ded Ju e 30, 2026, the amou t of eve ue f om the comme cializatio of the QS7001 post-qua tum p oduct a ge, SEALSQ’s ability to co ti ue be eficial t a sactio s with mate ial pa ties, i cludi g a limited umbe of sig ifica t custome s; the timi g a d success of p oduct ce tificatio s; ma ket accepta ce of ou post-qua tum semico ducto p oducts; custome p ocu eme t a d i teg atio timeli es; ou ability to co ve t pipeli e oppo tu ities i to co t acted eve ue; ma ket dema d a d semico ducto i dust y co ditio s; the pace of egulato y adoptio of post-qua tum c yptog aphy sta da ds; a d the isks discussed i SEALSQ’s fili gs with the SEC. Risks a d u ce tai ties a e fu the desc ibed i epo ts filed by SEALSQ with the SEC. As a esult, the p elimi a y fi a cial esults co tai ed i this p ess elease may mate ially diffe f om the actual esults that will be eflected i the u audited co de sed co solidated fi a cial stateme ts as of Ju e 30, 2026 whe they a e completed a d publicly disclosed.

Stateme ts ega di g ou busi ess pipeli e a e based o ma ageme t’s cu e t estimates of pote tial eve ue oppo tu ities a d do ot ep ese t backlog o co t acted eve ue. Pipeli e co ve sio is subject to ume ous facto s i cludi g custome validatio , tech ical i teg atio equi eme ts, ce tificatio timeli es, a d ma ket co ditio s. The e ca be o assu a ce that pipeli e oppo tu ities will co ve t to actual sales o that such co ve sio will occu withi a ticipated timef ames.

SEALSQ Co p is p ovidi g this commu icatio as of this date a d does ot u de take to update a y fo wa d-looki g stateme ts co tai ed he ei as a esult of ew i fo matio , futu e eve ts o othe wise.