SEALSQ Corp (LAES) — Financial statements
Income statement, balance sheet, and cash flow for SEALSQ Corp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 18↑46.4% | 12↓62.7% | 33↑37.7% | 24↑30.7% | 19 | |
| Cost of Revenue | 10↑16.8% | 8↓53.8% | 18↑27.0% | 14↑16.1% | 12 | |
| Gross Profit | 9↑103.9% | 4↓72.9% | 16↑52.4% | 10↑57.7% | 7 | |
| Operating Expenses | ||||||
| R&D Expenses | 12↑120.4% | 6↑28.9% | 4↑81.7% | 2↓27.6% | 3 | |
| General & Administrative Expenses | 26 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 13 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 39↑108.4% | 19↑37.4% | 13↑86.0% | 7↓16.5% | 9 | |
| Other Expenses | -3 | 0.00 | 0.00 | 0.00↓100.0% | 0.01 | |
| Operating Expenses | 48↑100.5% | 24↑35.3% | 18↑84.9% | 10↓19.6% | 12 | |
| Total Costs & Expenses | 58↑79.2% | 32↓9.2% | 36↑50.6% | 24↓1.7% | 24 | |
| Operating Results | ||||||
| Operating Income | -40↓99.7% | -20↓796.3% | -2↓468.7% | 0.60↑110.9% | -6 | |
| Depreciation & Amortization | 0.19↓73.3% | 0.72↑12.8% | 0.63↑48.5% | 0.43↓74.6% | 2 | |
| EBITDA | -34↓75.9% | -19↓1109.1% | -2↓254.2% | 1↑126.9% | -4 | |
| EBIT | -34↓70.5% | -20↓796.3% | -2↓468.7% | 0.60↑110.9% | -6 | |
| Interest & Other Income | ||||||
| Net Interest Income | 6↑563.3% | -1↓41.6% | -0.90↓51.3% | -0.60↓255.4% | -0.17 | |
| Interest Income | 6↑670.1% | 0.80↑807.1% | 0.09↑877.8% | 0.01 | 0.00 | |
| Interest Expense | 0.22↓89.3% | 2↑110.4% | 0.99↑63.1% | 0.61↑260.1% | 0.17 | |
| Non-Operating Income | -6 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 5↑947.7% | -0.64↑44.7% | -1↓157.0% | 2↑748.1% | 0.24 | |
| Income Before Tax | -34↓67.0% | -21↓507.5% | -3↓228.1% | 3↑150.1% | -5 | |
| Income Tax Expense | -0.16↓104.6% | 4↑1299.1% | 0.25↑107.4% | -3↓51878.0% | 0.01 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -34↓42.0% | -24↓562.0% | -4↓160.2% | 6↑214.4% | -5 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -34↓42.0% | -24↓562.0% | -4↓160.2% | 6↑214.4% | -5 | |
| Bottom-Line Net Income | -34↓42.0% | -24↓562.0% | -4↓160.2% | 6↑214.4% | -5 | |
| EPS (Basic) | -0.24↑64.7% | -0.68↓223.8% | -0.21↓155.3% | 0.38↑218.8% | -0.32 | |
| EPS (Diluted) | -0.24↑64.7% | -0.68↓223.8% | -0.21↓155.3% | 0.38↑218.8% | -0.32 | |
| Weighted Average Shares | 135↑283.1% | 35↑130.4% | 15↑1.1% | 15↑0.0% | 15 | |
| Weighted Average Diluted Shares | 135↑283.1% | 35↑130.4% | 15↑1.1% | 15↑0.0% | 15 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.