SEALSQ Posts 66% FY 2025 Revenue Jump and Reaffirms Aggressive 2026 Growth on $200 Million Quantum-Security Pipeline

SEALSQ Corp ( (LAES) ) has provided an announcement.

On January 13, 2026, SEALSQ reported preliminary, unaudited figures for 2025, highlighting a 66% year-on-year revenue increase to about $18 million, driven by renewed demand for legacy products and five months of consolidated sales from French ASIC designer IC’ALPS, acquired on August 4, 2025. Despite ongoing headwinds from the transition to next‑generation post‑quantum semiconductors and software, the company closed 2025 with more than $425 million in cash after investing roughly $30 million in assets including IC’ALPS, quantum-ready satellite player WISeSat, WeCan Group, Quantix Edge and U.S. quantum chip designer EeroQ, moves that deepen its vertical integration from chip design to secure, quantum‑resilient connectivity. For 2026, management reaffirmed guidance for 50%–100% revenue growth, underpinned by a more than $200 million pipeline for 2026–2028 that includes over $60 million tied to its QS7001 post‑quantum secure chip and Qvault TPM, as well as anticipated contributions from IC’ALPS, new PQC chip launches and the Quantix Edge project. SEALSQ is also expanding recurring revenue streams in smart meters and PKI services through extended agreements with Landis+Gyr and contracts with utilities and smart‑home providers using its INeS PKI platform, while growing global interest and pilot projects for QS7001 across North America, Europe and Asia-Pacific suggest rising industry adoption of quantum‑resistant security solutions. Taken together, the strengthened balance sheet, recent acquisitions, ecosystem investments and growing product traction position SEALSQ to scale production, accelerate R&D and reinforce its role in the emerging quantum‑security and sovereign semiconductor markets.

The most recent analyst rating on (LAES) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on SEALSQ Corp stock, see the LAES Stock Forecast page.

Spark’s Take on LAES Stock

According to Spark, TipRanks’ AI Analyst, LAES is a Neutral.

SEALSQ Corp’s overall stock score is driven by a challenging financial performance and weak technical indicators. However, the positive outlook from the earnings call, with strong growth projections and strategic investments, provides a counterbalance. The stock’s valuation remains unattractive due to ongoing losses and no dividend yield.

To see Spark’s full report on LAES stock, click here.

More about SEALSQ Corp

SEALSQ Corp is a Geneva-based provider of semiconductor, public key infrastructure (PKI) and post-quantum security hardware and software, focused on quantum‑resistant cryptography, sovereign chip design and secure provisioning services. The company targets governments, utilities, infrastructure operators and IoT manufacturers seeking quantum-ready trust technologies, with strategic verticals in smart metering, connected devices, satellite IoT and emerging quantum-security ecosystems across Europe, North America and Asia-Pacific.

Average Trading Volume: 21,370,049

Technical Sentiment Signal: Buy

Current Market Cap: $804.3M

For detailed information about LAES stock, go to TipRanks’ Stock Analysis page.