SEALSQ Corp LAES
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $18.25M, +66.2% YoY · Filed Mar 31, 2026
SEALSQ Corp (LAES) files with the SEC under industry code 3674, Semiconductors & Related Devices. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $18.3 million and a net loss of $34.2 million. Free cash flow was -$32.0 million. As of Dec 31, 2025 it held $427.8 million in cash and investments and $8.0 million in total debt.
Revenue
$18.25M
+66.2% vs prior year
Net income
$-34.19M
-61.3% vs prior year
Operating cash flow
$-31.26M
-208.7% vs prior year
Free cash flow
$-32.00M
-199.2% vs prior year
EPS
$-0.60
-185.7% vs prior year
Dividend per share
None
Shares outstanding
191.53M
+91.4% vs prior year
Net cash
$419.82M
FY 2025
Operating margin
-218.1%
FY 2025
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- LAES (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Virgin Islands, British
- Headquarters
- Cointrin, Switzerland
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1951222
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $18.3M | $11.0M | $30.1M | $23.2M |
| Operating income | -$39.8M | -$17.2M | -$4.1M | $2.6M |
| Net income | -$34.2M | -$21.2M | -$3.3M | $5.8M |
| Diluted EPS | — | -$0.60 | -$0.21 | $0.41 |
| Operating cash flow | -$31.3M | -$10.1M | -$2.7M | $446,000 |
| Free cash flow | -$32.0M | -$10.7M | -$5.8M | $147,000 |
| Total assets | $504.2M | $97.6M | $27.9M | $21.7M |
| Total liabilities | $42.7M | $21.1M | $22.9M | $21.4M |
| Stockholders' equity | $461.5M | $76.5M | $4.7M | $212,000 |
| Cash and investments | $427.8M | $84.6M | $6.9M | $4.1M |
| Total debt | $8.0M | $943,000 | $1.2M | $1.3M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 28, 2026 | Oct 28, 2026 |
| 6-K | Current report (foreign issuer) | Oct 27, 2026 | Oct 27, 2026 |
| 6-K | Current report (foreign issuer) | Oct 16, 2026 | Oct 16, 2026 |
| 6-K | Current report (foreign issuer) | Oct 16, 2026 | Oct 16, 2026 |
| 6-K | Current report (foreign issuer) | Oct 14, 2026 | Oct 14, 2026 |
| 6-K | Current report (foreign issuer) | Oct 2, 2026 | Oct 2, 2026 |
All 288 SEALSQ Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.