Arqit Quantum Inc. (NASDAQ: ARQQ) posts strong jump in preliminary H1 2026 revenue
Rhea-AI Filing Summary
Arqit Quantum Inc. released select preliminary, unaudited results for the first half of fiscal 2026. Management expects revenue of approximately $620,000 to $630,000 for the six months ended 31 March 2026, sharply higher than $67,000 for the same 2025 period and above the $530,000 reported for the full 2025 fiscal year. Cash and cash equivalents were about $28.9 million as of 31 March 2026, giving the company a financial cushion as it grows its quantum-safe encryption business. Revenue growth reflects recognition from contracts signed before the period and three new contracts signed during the period, though final results may change as closing procedures and independent review are completed.
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Insights
Early first-half 2026 revenue jumps from a small base, supported by solid cash.
Arqit Quantum Inc. expects first-half fiscal 2026 revenue of $620,000–$630,000, compared with $67,000 a year earlier and $530,000 for all of fiscal 2025. This indicates accelerating commercial traction for its quantum-safe encryption software.
The company cites revenue recognition from earlier contracts and three new contracts signed in the period. However, these are preliminary, unaudited figures, and management notes that closing procedures and the independent review could lead to adjustments that may be material.
Cash and cash equivalents of $28.9 million as of 31 March 2026 suggest runway to continue scaling. Future detailed first-half results, expected in May 2026, will clarify margins, expenses and how sustainable this step-up in revenue is.
Key Figures
Key Terms
preliminary unaudited results financial
quantum-safe encryption technical
post-quantum cryptography technical
forward-looking statements regulatory
Risk Factors regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2026
Commission File Number: 001-40777
ARQIT QUANTUM INC.
(Exact name of registrant as specified in its charter)
2nd Floor, 3 Orchard Place
London, SW1H 0BF United Kingdom
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F ¨
EXPLANATORY NOTE
On April 10, 2026, Arqit Quantum Inc. (the “Company”) issued a press release entitled “Arqit Quantum Inc. Announces Select Preliminary Financial Results for First Half of Fiscal Year 2026,” in which the Company reported select unaudited preliminary financial results for the six months ended March 31, 2026. A copy of that press release is furnished as Exhibit 99.1 hereto.
The information furnished in this Report of Foreign Private Issuer on Form 6-K, including the information contained in Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.
EXHIBIT INDEX
| Exhibit No. |
Description | |
| 99.1 | Press release of Arqit Quantum Inc., dated April 10, 2026. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| ARQIT QUANTUM INC. | ||
| By: | /s/ Andrew Leaver | |
| Name: | Andrew Leaver | |
| Title: | Chief Executive Officer | |
Date: April 10, 2026
Exhibit 99.1
Arqit Quantum Inc.
Announces Select Preliminary Financial Results for the First Half of Fiscal Year 2026
London, UK – 10 April 2026
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:
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Arqit: pr@arqit.uk |
Investor relations enquiries:
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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.