Arqit Quantum Inc.

Snapshot

Arqit is a small-cap quantum cybersecurity firm that is growing its top line but burning cash at a dangerous pace. Fiscal 2025 revenue was only $530K, though it surged 80.9% from the prior year. The company lost $35.3M on that tiny revenue base, driven by $34.9M in selling, general, and administrative expenses. While H1 FY26 revenue jumped to $623K with 11 new contracts, the company still burned $25.7M in cash over six months.

What's Happening Right Now

• Thu 21st May '26 · Earnings & Cash: Arqit reported H1 FY26 revenue of $623K, an 830% jump year-over-year, but burned $25.7M in cash and raised $18M via an ATM offering to extend its runway.
• Fri 1st May '26 · Board Change: Arqit appointed Cristina Levis as a Class I independent director and Audit Committee member, adding financial expertise from her background at Abercrombie & Kent and Heritage Group.
• Thu 16th Apr '26 · Partnership: Tomorrow Street, a joint venture between Vodafone and a Luxembourg tech incubator, selected Arqit to add quantum security solutions to its portfolio.
• Mon 2nd Mar '26 · Partnership: Arqit announced a collaboration with RAD to deliver quantum-safe encryption solutions for telecom operators, integrating Arqit's key generation with RAD's edge platform.
• Tue 24th Feb '26 · Product Launch: Arqit made its encryption software available pre-installed on Intel NetSec accelerator cards, enabling confidential computing in trusted execution environments.