Quantum

Arqit announced preliminary fiscal 2026 financial results.

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Briefings

Arqit Quantum Inc. announced preliminary financial results for the second half and full fiscal year 2026, expecting revenue between $975,000 and $1 million. The company signed seven new contracts, including three for its Encryption Intelligence product, but revenue was adversely affected by a material contract with a Middle Eastern customer whose ability to fulfill obligations was impacted by geopolitical events. As of September 30, 2026, cash and cash equivalents were approximately $51 million. The preliminary unaudited results are subject to adjustments and are forward-looking information. Conference Call results are expected in December 2026.

Key points

• Arqit Quantum Inc. expects full fiscal year 2026 revenue to range from $975,000 to $1,000,000, driven by seven new contracts including three for its Encryption Intelligence product.
• Revenue for the second half of fiscal year 2026 was down compared to fiscal year 2025, primarily due to the cessation of revenue recognition under a material contract with a Middle Eastern customer affected by geopolitical events.

Context and limitations

Preliminary financial results are based on management's unaudited analysis and are subject to adjustments by the independent accounting firm during the closing procedures. The company has not completed its financial statement reporting, and the estimates constitute forward-looking information subject to risks and uncertainties.

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