Arqit Quantum Inc. Announces Select Preliminary Financial Results for the First Half of Fiscal Year 2026

Arqit Quantum (Nasdaq: ARQQ) provided select preliminary, unaudited results for H1 FY2026 ended March 31, 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

Argus Apr 13 session

+5.67% close to close Open Argus

Details

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.

Market Context

The stock moved +5.7% in the session following this news. A strong positive reaction aligns with the...

Analysis

The stock moved +5.7% in the session following this news. A strong positive reaction aligns with the sharp revenue step-up signaled in the preliminary H1 FY2026 figures, which point to $620,000–$630,000 versus $67,000 a year earlier. Historically, earnings updates averaged a move of about -4.28%, so sustained strength would contrast with past selling on results. Investors often reassessed these moves once full audited numbers, cash trends, and contract execution details were confirmed.

Key Figures

H1 FY2026 revenue (prelim): $620,000–$630,000 H1 FY2025 revenue: $67,000 FY2025 revenue: $530,000 +3 more

H1 FY2026 revenue (prelim)

$620,000–$630,000

Preliminary unaudited revenue for half-year ended 31 Mar 2026

H1 FY2025 revenue

$67,000

Same period in fiscal year 2025

FY2025 revenue

$530,000

Full fiscal year 2025

Cash and equivalents

$28.9 million

As of 31 Mar 2026 (preliminary)

Results period end

31 March 2026

First half of fiscal year 2026

Conference call timing

May 2026

Expected reporting and call for H1 FY2026 results

Previous Earnings Reports

5 past events · Latest: Dec 09

Same Type 5 events

1. Dec 09

   Full-year results

   24h Move

   +0.0%

   Reported FY2025 revenue growth with seven contracts and cash of $36.9M.

2. Oct 09

   Prelim full-year results

   24h Move

   -0.6%

   Issued preliminary H2 and full FY2025 revenue and cash of $36.9M.

3. May 22

   Half-year results

   24h Move

   -4.4%

   H1 FY2025 revenue of $67K amid customer postponements and delays.

4. Apr 04

   Prelim half-year results

   24h Move

   -8.9%

   Preliminary H1 FY2025 revenue range and delayed government contract.

5. Dec 05

   Full-year results

   24h Move

   -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.

Key Terms

quantum-safe encryption, revenue recognition, cash and cash equivalents, unaudited, +1 more

5 terms

quantum-safe encryption technical

"Arqit), a global leader in quantum-safe encryption, announces select prelim..."

Quantum-safe encryption is a set of cryptographic methods designed to protect digital information from being broken by powerful quantum computers that can defeat many current encryption schemes. For investors, it matters because companies that adopt these future-proof “locks” reduce the risk of data breaches, regulatory penalties and loss of customer trust, and may gain a competitive edge as regulators and partners require stronger data protections.

revenue recognition financial

"Growth in revenue... resulted from but was not limited to: revenue recognition..."

Revenue recognition is the accounting rule that determines when a company records a sale as income on its financial statements, which may differ from when cash actually arrives. It matters to investors because the timing and method used can change reported profits and growth, so understanding it is like knowing whether a scoreboard counts goals as soon as they’re scored or only after they’re confirmed — the timing affects comparisons, forecasts, and valuation.

cash and cash equivalents financial

"Cash and cash equivalents were approximately $28.9 million as of 31 March 2026."

Cash and cash equivalents are the money a company has on hand plus very short-term, low-risk investments that can be quickly turned into cash, like bank deposits or government bills. Investors watch this figure because it shows a company’s immediate ability to pay bills, cover unexpected costs, and fund operations or growth — like a household’s checking account and emergency fund that keeps daily life running smoothly.

unaudited financial

"Based on preliminary unaudited results, management expects revenue..."

"Unaudited" describes financial statements or reports that have not been examined or verified by an independent accountant or auditor. Because they haven't undergone this review, they may not be as reliable or accurate as audited reports, making them less certain for investors to rely on when assessing a company's financial health. Think of it as a preliminary estimate that could change once checked by an expert.

forward-looking information regulatory

"As a result, the estimates above constitute forward-looking information..."

Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 $620,000 to $630,000. This compares to $67,000 for the same period in fiscal year 2025 and $530,000 for the full 2025 fiscal period. Cash and cash equivalents were approximately $28.9 million as of 31 March 2026.

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What preliminary H1 FY2026 revenue did Arqit (ARQQ) report on April 10, 2026?

Arqit reported approximate H1 FY2026 revenue of $620,000–$630,000. According to the company, that compares to $67,000 in the same period of FY2025 and reflects contract deliveries and three new contracts.

How much cash did Arqit (ARQQ) report as of March 31, 2026?

Arqit reported cash and cash equivalents of $28.9 million as of March 31, 2026. According to the company, this is the reported liquidity position before completion of its full financial close and audit review.

Are Arqit's April 10, 2026 H1 results final for ARQQ?

No, the results are preliminary and unaudited and may change. According to the company, adjustments could arise during closing procedures and the independent accountant review process.

What drove the revenue increase for Arqit (ARQQ) in H1 FY2026?

Revenue growth was driven by recognition from deliveries under prior contracts and three new contracts signed during the period. According to the company, recognition is subject to delivery terms and customer commitments.

When will Arqit (ARQQ) report final H1 FY2026 results and host a conference call?

Arqit expects to report final H1 FY2026 results in May 2026, followed by a conference call. According to the company, additional details on date and time will be provided ahead of the event.