SEALSQ (LAES) revenue breakdown

· Market cap $470M

By segment, Semiconductors Segment is the largest at 80% of fiscal 2025 revenue.

By product, Secure Chips is the largest at 100% of fiscal 2024 revenue, growing -64% a year over 1 years.

Revenue by segment

Fiscal years, as SEALSQ reports them in its 10-K filings; fiscal 2025 total $18M.

Segments2021202220232025Share
Semiconductors Segment———$15M 80%
ASIC———$4M 20%
Reportable Segments$17M$24M$31M— —
Intersegment-$415,000-$368,000-$513,000— —

Revenue by product

Fiscal years, as SEALSQ reports them in its 10-K filings; fiscal 2024 total $11M.

Products20232024Share
Secure Chips$30M$11M 100%
Certificates$14,000$44,000 0%

Revenue by region

Fiscal years, as SEALSQ reports them in its 10-K filings; fiscal 2025 total $18M.

Regions20212022202320242025Share
North America$11M$14M$17M$8M$10M 57%
Europe, Middle East & Africa$4M$7M$10M$2M$4M 24%
Asia Pacific$2M$3M$3M$2M$3M 18%
Latin America——$76,000—$94,000 1%
Latin America$47,000$67,000——— —
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Questions

Where does SEALSQ make its money?

In fiscal 2025, by segment: Semiconductors Segment $15M, ASIC $4M.

From SEALSQ's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.