Arqit Quantum (ARQQ) Financial statements
Arqit Quantum reported revenue of $530,000 in fiscal 2025, up 82.3% a year over 4 years.
Key figures
Net income was -$35M. Free cash flow was -$30M. The diluted share count rose 113% over the period (dilution).
- Revenue, FY2025
- $530,000+80.9% on 2024
- Net income
- -$35M-37.8% on 2024
- Operating margin
- -7271.5%
- Free cash flow
- -$30M-19.6% on 2024
Revenue and free cash flow
Fiscal years, from Arqit Quantum's 10-K filings.
Arqit Quantum revenue and free cash flow
FY2020–FY2025Margins
How much of each dollar of revenue is left after the cost of sales, after operating costs, and at the bottom line.
Arqit Quantum margins
FY2020–FY2025Financial statements
Fiscal 2020–2025.
Arqit Quantum income statement, fiscal 2020–2025
| USD | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $48,000 | $7M | $640,000 | $293,000 | $530,000 |
| Selling, general and admin | $3M | $15M | $71M | $59M | $25M | $35M |
| Operating income | -$809,000 | -$173M | -$64M | -$59M | -$27M | -$39M |
| Interest expense | $393,000 | $1M | $221,000 | $284,000 | $223,000 | $48,000 |
| Pre-tax income | -$1M | -$272M | $53M | -$48M | -$26M | -$38M |
| Income tax | -$569,000 | — | — | -$141,000 | — | -$2M |
| Net income | -$515,705 | -$271M | $65M | -$75M | -$57M | -$35M |
| EPS (diluted) | -$0.24 | -$99.42 | $13.34 | -$14.17 | -$11.23 | -$2.56 |
| Diluted shares | 2M | 3M | 5M | 5M | 5M | — |
| Operating margin | — | -359502.1% | -884.2% | -9162.8% | -9190.1% | -7271.5% |
| Net margin | — | -565300.9% | 902.3% | -11644.8% | -19391.8% | -6668.5% |
Arqit Quantum balance sheet, fiscal 2020–2025
| USD | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $195,000 | $87M | $49M | $44M | $19M | $37M |
| Receivables | $280,000 | $3M | $8M | $3M | $5M | $3M |
| Total current assets | $475,000 | $90M | $57M | $86M | $24M | $40M |
| Property, plant and equipment | $27,000 | $199,000 | $2M | $2M | $267,000 | $125,000 |
| Total assets | $9M | $114M | $124M | $100M | $27M | $43M |
| Total current liabilities | $8M | $17M | $24M | $27M | $12M | $15M |
| Long-term debt | — | $0 | — | $0 | $0 | $0 |
| Total liabilities | $8M | $148M | $45M | $33M | $15M | $16M |
| Shareholders' equity | $931,000 | -$34M | $79M | $67M | $12M | $27M |
| Net debt | $5M | -$87M | -$49M | -$44M | -$19M | -$37M |
Arqit Quantum cash flow, fiscal 2020–2025
| USD | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$1M | -$24M | -$27M | -$33M | -$34M | -$30M |
| Capital spending | $5M | $9M | $24M | $16M | $3M | $549,000 |
| Free cash flow | -$6M | -$33M | -$51M | -$49M | -$37M | -$30M |
| Stock-based compensation | $122,000 | $166,000 | $22M | $14M | -$3M | — |
| Net borrowing | $1M | -$1M | — | — | — | — |
| Free cash flow margin | — | -69458.3% | -709.2% | -7648.1% | -12782.9% | -5679.6% |
How Arqit Quantum compares
Arqit Quantum's operating margin is higher than 1% of Technology companies and 1% of the 2,821 companies with an operating margin figure.
| Higher than | Technology | All stocks |
|---|---|---|
| Operating margin | 1% | 1% |
| Net margin | 1% | 1% |
| Revenue growth | 93% | 94% |
| ROE | 4% | 3% |
Questions about Arqit Quantum
What was Arqit Quantum's revenue in 2025?
$530,000 in fiscal 2025, from its 10-K filing.
How much free cash flow does Arqit Quantum generate?
-$30M in fiscal 2025 (operating cash flow minus capital spending).
From Arqit Quantum's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.