Arqit Quantum Posts H1 Revenue of $620k–$630k, $28.9M Cash Reserve
Arqit Quantum booked $620,000–$630,000 revenue in the six months ended March 31, 2026, versus $67,000 a year earlier. It held $28.9 million in cash as of March 31 and recognized revenue from three new contracts plus deliveries under prior agreements.
1. Preliminary Financial Results
Arqit Quantum’s management expects unaudited first-half revenue of $620,000 to $630,000 for the period ended March 31, 2026, compared with $67,000 in the same period of FY2025. The company has not yet finalized its financial statements, and figures may change during the audit process.
2. Revenue Growth Drivers
Revenue growth resulted from delivery under existing agreements signed prior to the period and recognition of revenue from three new contracts secured during H1. Successful delivery and contract terms will determine final recognition.
3. Cash Position and Liquidity
As of March 31, 2026, Arqit Quantum held approximately $28.9 million in cash and cash equivalents, providing liquidity for ongoing quantum-safe encryption development and operational expenses.
4. Outlook and Risks
Final audited results and conference call details are scheduled for May 2026. Potential risks include contract delays, cancellations, and adjustments to preliminary figures during the close and review process.