Arqit Quantum Inc. Announces Select Preliminary Financial Results for the First Half of Fiscal Year 2026
Rhea-AI Summary
Arqit Quantum (Nasdaq: ARQQ) provided select preliminary, unaudited results for H1 FY2026 ended March 31, 2026. Management expects H1 revenue of approximately $620,000–$630,000 versus $67,000 in H1 FY2025. Cash and cash equivalents were $28.9 million as of March 31, 2026.
Revenue growth reflects recognition from deliveries under preexisting contracts and three new contracts signed during the period. Results are preliminary, unaudited, and may change during final close and independent review.
Positive
- H1 revenue approximately $620K–$630K (vs $67K prior year)
- Cash balance of $28.9M as of March 31, 2026
Negative
- Preliminary unaudited results subject to adjustments during closing and audit
- Revenue recognition contingent on delivery and customer non‑cancellation
News Market Reaction – ARQQ
In the Apr 13 session, ARQQ gained 5.67%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Full-year results | Positive | +0.0% | Reported FY2025 revenue growth with seven contracts and cash of $36.9M. |
| Oct 09 | Prelim full-year results | Positive | -0.6% | Issued preliminary H2 and full FY2025 revenue and cash of $36.9M. |
| May 22 | Half-year results | Negative | -4.4% | H1 FY2025 revenue of $67K amid customer postponements and delays. |
| Apr 04 | Prelim half-year results | Negative | -8.9% | Preliminary H1 FY2025 revenue range and delayed government contract. |
| Dec 05 | Full-year results | Negative | -7.5% | FY2024 revenue fell to $293K from $640K in 2023, with high costs. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings and preliminary financial updates have often coincided with negative price reactions, even when revenue trends improved.
Over the last five earnings-related announcements, Arqit’s shares frequently reacted negatively. Full-year 2024 results on Dec 05, 2024 and multiple 2025 half‑year and preliminary updates all saw declines despite contract wins and an expanding customer base. Preliminary H1 FY2025 figures on Apr 04, 2025 and final H1 FY2025 results on May 22, 2025 both highlighted modest revenue and delays, aligning with selloffs. The current H1 FY2026 preliminary update follows this pattern of early disclosure of unaudited figures and cash levels ahead of a later detailed report and conference call.
Key Terms
quantum-safe encryption technical
revenue recognition financial
cash and cash equivalents financial
unaudited financial
forward-looking information regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
LONDON, April 10, 2026 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a global leader in quantum-safe encryption, announces select preliminary financial results for the first half of fiscal year 2026.
Based on preliminary unaudited results, management expects revenue for the first half period ended 31 March 2026 of approximately
Growth in revenue for the first half of fiscal year 2026 versus the comparable period in fiscal year 2025 resulted from but was not limited to:
- revenue recognition associated with delivery under contracts signed prior to the commencement of the period; and
- revenue recognition associated with three new contracts signed in the period
Recognition of revenue under existing contracts is subject to a number of factors including, amongst others, the successful delivery of our products under the terms of those contracts, and the assumption that customers will not cancel, delay or amend the terms their contracts.
The preliminary financial results discussed in this press release are based on management’s preliminary unaudited analysis of financial results for the first half of fiscal year 2026. As of the date of this press release, the Company has not completed its financial statement reporting and the Company’s independent accounting firm has not reviewed the preliminary financial data discussed in this press release. During the course of the Company’s first half closing procedures and independent accountant review process, including the finalization of its financial statements for and as of the period ended 31 March 2026, the Company may identify items that would require it to make adjustments, which may be material to the information presented above. As a result, the estimates above constitute forward-looking information and are subject to risks and uncertainties, including possible adjustments to preliminary results.
Conference Call
The Company expects to report its first half results in May 2026 followed by a conference call. Additional details, including the date and time of the conference call, will be provided in advance of the event.
About Arqit
Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) secures the world’s most critical data with quantum-safe encryption software. Simple, scalable, and compliant, its products integrate with existing infrastructure, and requires no rip and replace of hardware.
Arqit provides a complete “Detect, Protect, Comply” solution for governments and enterprises that detects and inventories cryptographic assets, protects data, ensures compliance, and safeguards transition to the post-quantum era.
Arqit’s primary product offerings are Encryption Intelligence and NetworkSecure™. Encryption Intelligence detects cryptographic exposure, identifies vulnerabilities, and maps dependencies. NetworkSecure™ protects data in transit with provably secure post-quantum cryptography and contributes to establishment of confidential compute environments for complete data sovereignty.
Arqit is an IDC Innovator for Post-Quantum Cryptography (2024) and a multi-award-winner in quantum-safe security. For more information, visit www.arqitgroup.com.
Media relations enquiries:
Arqit: pr@arqit.uk
Investor relations enquiries:
Arqit: investorrelations@arqit.uk
Caution About Forward-Looking Statements
This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements are based on Arqit’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit’s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they may affect it. Except as required by law, Arqit does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqit’s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) the outcome of any legal proceedings that may be instituted against Arqit, (ii) the ability to maintain the listing of Arqit’s securities on a national securities exchange, (iii) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance across competitors and changes in laws and regulations affecting Arqit’s business, (iv) the ability to implement business plans, forecasts, and other expectations, and identify and realise additional opportunities, (v) the potential inability of Arqit to successfully deliver its operational technology, (vi) the risk of interruption or failure of Arqit’s information technology and communications system, (vii) the enforceability of Arqit’s intellectual property, (viii) market and other conditions, and (ix) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s annual report on Form 20-F (the “Form 20-F”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on 9 December 2025 and in subsequent filings with the SEC. While the list of factors discussed above and in the Form 20-F and other SEC filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realisation of forward-looking statements.
