WISeKey reports H1 2025 results, updates quantum strategy

Published 23/09/2025, 20:34
WISeKey reports H1 2025 results, updates quantum strategy

GENEVA - Cybersecurity company WISeKey International Holding Ltd. (SIX:WIHN, NASDAQ: WKEY), with a market capitalization of $18.9 million, reported Tuesday that its revenue grew slightly to $5.3 million in the first half of 2025, while operating losses widened to $27.3 million. According to InvestingPro data, the company maintains a solid gross profit margin of 40.2% despite challenging market conditions.

The company’s operating losses increased by $13.2 million compared to the same period last year, primarily due to a one-off stock-based compensation charge of $10.1 million and increased research and development investments of $1.0 million.

WISeKey reported a cash balance of $124.6 million as of June 30, 2025, which it plans to use for technological development and strategic investments. The company expects full-year revenues to range between $18.0 million and $21.0 million, with stronger performance anticipated in the second half of the year.

The company highlighted its "Convergence strategy," which integrates its various technology divisions including semiconductors, trust services, satellites, blockchain, and digital identity. WISeKey controls 52% of voting rights in SEALSQ Corp (NASDAQ:LAES), which develops post-quantum secure chips.

WISeKey’s research and development investments totaled $5.8 million in the first half of the year, focusing on quantum-resistant chips, transactional IoT platforms, satellite expansion, and blockchain technology.

The company plans to launch its QVault-TPM product in the fourth quarter of 2025, which it expects will contribute to growth in 2026 and beyond.

WISeKey will hold a conference call to discuss its results on Friday, September 26, 2025.

This article is based on information from a company press release statement.

In other recent news, Wisekey International Holding AG announced a partnership with satellite provider EnduroSat to develop quantum-resilient nanosatellite systems for Internet of Things applications. The collaboration involves a Memorandum of Understanding to integrate SEALSQ secure elements into satellite payloads and ground-level endpoints. This integration aims to enhance hardware-based security and digital identity protection across IoT satellite networks. These developments highlight Wisekey’s ongoing efforts to expand its technological capabilities and partnerships. The company’s focus on quantum-resilient technology reflects a strategic move to address emerging cybersecurity challenges. This partnership underscores Wisekey’s commitment to advancing secure communications in the rapidly evolving IoT sector. The announcement marks a significant step in the company’s growth strategy, leveraging EnduroSat’s expertise in satellite technology.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.