NASDAQ · LAES
SEALSQ financials
$2.32+1.75%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 |
|---|---|---|---|
| Revenue | $18.3M | $11.0M | $30.1M |
| Gross profit | $8.6M | $3.7M | $14.0M |
| Gross margin | 47.3% | 33.9% | 46.7% |
| Operating income | -$42.4M | -$17.6M | -$4.2M |
| Net income | -$34.2M | -$21.2M | -$3.3M |
| Net margin | −187.3% | −193.1% | −10.9% |
| Diluted EPS | $-0.24 | $-0.76 | $-0.42 |
| EBITDA | -$40.2M | -$16.9M | -$3.6M |
| Operating cash flow | -$31.3M | -$10.1M | -$2.7M |
| Free cash flow | -$32.0M | -$10.7M | -$5.8M |
| Diluted shares | 135.0M | 27.7M | 7.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|
| Cash & equivalents | $417.7M | $84.6M | $6.9M |
| Short-term investments | $10.0M | $0.00 | $0.00 |
| Total debt | $1.8M | $7.9M | $4.5M |
| Total assets | $504.2M | $97.6M | $27.9M |
| Total liabilities | $42.7M | $21.1M | $22.9M |
| Shareholders' equity | $461.5M | $76.5M | $5.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology