On October 8, 2026, quantum-safe encryption provider Arqit Quantum Inc. released preliminary unaudited financial results for the second half and full fiscal year ending September 30, 2026.
Preliminary Financial Results
According to Arqit Quantum's filing with the U.S. Securities and Exchange Commission, management expects second-half revenue for the period ending September 30, 2026, to be between approximately $355,000 and $380,000. For the full fiscal year 2026, the company expects revenue to reach $975,000 to $1,000,000.
Cash and cash equivalents stood at approximately $51 million as of September 30, 2026. Second-half revenue decreased compared to $463,000 during the same period in fiscal year 2025, while full-year revenue compared favorably to the $530,000 reported in fiscal year 2025.
Contracts and Market Factors
Arqit stated that full-year revenue growth was driven by contract deliveries signed prior to the period and seven new contracts signed during the year. However, second-half revenue was adversely affected by the cessation of revenue recognition under a material Middle East customer contract due to geopolitical events impacting the customer's fulfillment capabilities.
During the second half, Arqit signed three contracts for Encryption Intelligence, its automated cryptographic inventory solution, and renewed or expanded two other contracts. Additionally, on October 6, 2026, Arqit signed a one-year contract with two annual renewal options as part of a winning bidding consortium to provide secure networking services to NATO.
Financial Reporting Status
The company noted that the preliminary financial results are based on management's unaudited analysis and have not been reviewed by its independent accounting firm. Arqit expects to report complete second-half and full-year results in December 2026 alongside a conference call.
Key facts and where they come from
- Arqit expects full fiscal year 2026 revenue of $975,000 to $1,000,000.
For the full fiscal year ended 30 September 2026, revenue is expected to be $975,000 to $1,000,000.
- Cash and cash equivalents were approximately $51 million as of September 30, 2026.
Cash and cash equivalents were approximately $51 million as of 30 September 2026.
- Arqit signed a contract on October 6, 2026, to provide secure networking services to NATO.
On 6 October 2026, following the end of fiscal year 2026, Arqit signed a contract as part of a winning bidding consortium to provide secure networking services to NATO.