NASDAQ : ARQQ
Arqit Quantum Inc. — Financial statements
Technology · Software - Infrastructure · United Kingdom
Last price 15.73 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 273.74M
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Financial statements
Arqit Quantum Inc. (ARQQ) reported revenue of 1.09M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.09M | 530.00K | 293.00K | 640.00K | 7.21M | 48.00K |
| Cost of Revenue | 546.00K | 330.00K | 1.88M | 2.29M | 754.00K | 187.00K |
| Gross Profit | 540.00K | 200.00K | -1.59M | -1.65M | 6.46M | -139.00K |
| Selling, General & Admin | 49.46M | 34.61M | 32.22M | 63.18M | 55.40M | 13.70M |
| Amortization of Goodwill & Intangibles | 285.00K | 343.00K | 375.00K | 91.00K | ||
| Other Operating Expenses | -335.00K | -249.00K | -337.00K | |||
| Operating Expenses | 50.68M | 35.12M | 35.61M | 65.81M | 56.69M | 13.75M |
| Operating Income | -50.14M | -34.92M | -37.20M | -67.46M | -50.23M | -13.89M |
| Interest Expense | -69.00K | -48.00K | -223.00K | -284.00K | -221.00K | -1.08M |
| Interest & Investment Income | 1.08M | 1.23M | 930.00K | 41.00K | ||
| Currency Exchange Gain (Loss) | 2.59M | 1.00M | 12.25M | 8.76M | -13.54M | -623.00K |
| Other Non Operating Income (Expenses) | 2.00K | -261.00K | 6.00K | 10.64M | 117.39M | -98.09M |
| EBT Excluding Unusual Items | -46.54M | -32.99M | -24.24M | -48.30M | 53.41M | -113.68M |
| Merger & Restructuring Charges | -158.05M | |||||
| Gain (Loss) on Sale of Assets | 55.00K | 53.00K | ||||
| Asset Writedown | -2.03M | |||||
| Other Unusual Items | -4.62M | -4.62M | ||||
| Pretax Income | -51.16M | -37.62M | -26.21M | -48.25M | 53.41M | -271.73M |
| Income Tax Expense | -2.19M | -2.19M | -141.00K | |||
| Earnings From Continuing Operations | -48.98M | -35.43M | -26.21M | -48.11M | 53.41M | -271.73M |
| Earnings From Discontinued Operations | 20.00K | 87.00K | -30.60M | -26.42M | ||
| Net Income | -48.96M | -35.34M | -56.82M | -74.53M | 53.41M | -271.73M |
| Net Income to Common | -48.96M | -35.34M | -56.82M | -74.53M | 53.41M | -271.73M |
| Shares Outstanding (Basic) | 15.70M | 13.79M | 5.06M | 5.26M | 4.85M | 2.73M |
| Shares Outstanding (Diluted) | 15.70M | 13.79M | 5.06M | 5.26M | 4.88M | 2.73M |
| EPS (Basic) | -3.12 | -2.56 | -11.23 | -14.17 | 11.02 | -99.42 |
| EPS (Diluted) | -3.12 | -2.56 | -11.23 | -14.17 | 10.95 | -99.42 |
| Free Cash Flow | -42.78M | -29.59M | -34.13M | -33.54M | -29.09M | -24.26M |
| Free Cash Flow Per Share | -2.73 | -2.15 | -6.75 | -6.38 | -5.97 | -8.88 |
| Gross Margin | 49.72% | 37.74% | -257.66% | 89.55% | -289.58% | |
| Operating Margin | -4,617.13% | -6,589.06% | -12,695.56% | -10,540.47% | -696.48% | -28,933.33% |
| Profit Margin | -4,508.10% | -6,668.49% | -19,391.81% | -11,644.84% | 740.54% | -566,102.08% |
| Free Cash Flow Margin | -3,939.13% | -5,582.26% | -11,649.15% | -5,240.16% | -403.43% | -50,537.50% |
| EBITDA | -49.94M | -34.69M | -35.38M | -66.56M | -49.02M | -13.84M |
| D&A For EBITDA | 203.00K | 230.00K | 1.82M | 903.00K | 1.21M | 53.00K |
| EBIT | -50.14M | -34.92M | -37.20M | -67.46M | -50.23M | -13.89M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 28.86M | 36.98M | 18.70M | 44.45M | 48.97M | 86.97M |
| Cash & Short-Term Investments | 28.86M | 36.98M | 18.70M | 44.45M | 48.97M | 86.97M |
| Accounts Receivable | 392.00K | 657.00K | 471.00K | 1.27M | 5.92M | 57.00K |
| Other Receivables | 1.13M | 1.53M | 4.01M | 164.00K | 892.00K | 856.00K |
| Receivables | 1.52M | 2.19M | 4.48M | 1.44M | 6.82M | 913.00K |
| Prepaid Expenses | 1.78M | 852.00K | 517.00K | 1.78M | 861.00K | 2.38M |
| Other Current Assets | 38.68M | |||||
| Total Current Assets | 32.16M | 40.02M | 23.70M | 86.35M | 56.64M | 90.26M |
| Property, Plant & Equipment | 2.03M | 720.00K | 1.08M | 8.10M | 8.35M | 199.00K |
| Long-Term Investments | 30.00K | 28.00K | 34.00K | |||
| Other Intangible Assets | 2.04M | 1.39M | 1.74M | 3.36M | 474.00K | 201.00K |
| Long-Term Accounts Receivable | 975.00K | |||||
| Long-Term Deferred Charges | 719.00K | 202.00K | 56.00K | 39.82M | 18.03M | |
| Other Long-Term Assets | 1.89M | 17.59M | 5.00M | |||
| Total Assets | 36.24M | 42.85M | 26.72M | 99.78M | 123.87M | 113.73M |
| Accounts Payable | 807.00K | 47.00K | 9.01M | 11.79M | 17.48M | 9.75M |
| Accrued Expenses | 2.25M | 3.20M | 1.87M | 4.82M | 3.80M | 4.20M |
| Current Portion of Leases | 1.03M | 265.00K | 286.00K | 2.12M | 1.15M | |
| Current Income Taxes Payable | 1.54M | 3.17M | 439.00K | 1.47M | 633.00K | 410.00K |
| Current Unearned Revenue | 360.00K | 444.00K | 4.00K | 18.00K | 225.00K | 2.66M |
| Other Current Liabilities | 605.00K | 7.77M | 593.00K | 6.60M | 516.00K | 57.73K |
| Total Current Liabilities | 6.59M | 14.90M | 12.20M | 26.82M | 23.81M | 17.07M |
| Long-Term Leases | 1.14M | 454.00K | 704.00K | 6.28M | 6.68M | |
| Long-Term Unearned Revenue | 23.00K | 4.18M | 2.46M | |||
| Other Long-Term Liabilities | 261.00K | 2.00M | 6.00K | 10.64M | 128.04M | |
| Total Liabilities | 7.73M | 15.62M | 14.90M | 33.13M | 45.32M | 147.57M |
| Common Stock | 41.00K | 38.00K | 29.00K | 16.00K | 12.00K | 11.00K |
| Additional Paid-In Capital | 237.97M | 206.47M | 151.36M | 137.71M | 92.31M | 71.00M |
| Retained Earnings | -406.86M | -373.83M | -338.49M | -281.67M | -207.14M | -272.21M |
| Comprehensive Income & Other | 197.36M | 194.56M | 198.91M | 210.59M | 193.38M | 167.36M |
| Shareholders' Equity | 28.50M | 27.24M | 11.82M | 66.65M | 78.56M | -33.84M |
| Total Liabilities & Equity | 36.24M | 42.85M | 26.72M | 99.78M | 123.87M | 113.73M |
| Total Debt | 2.17M | 719.00K | 990.00K | 8.40M | 7.83M | |
| Net Cash (Debt) | 26.69M | 36.26M | 17.71M | 36.05M | 41.13M | 86.97M |
| Net Cash Per Share | 1.70 | 2.63 | 3.50 | 6.86 | 8.43 | 31.82 |
| Filing Date Shares Outstanding | 16.58M | 15.65M | 12.50M | 6.56M | 4.88M | 4.80M |
| Total Common Shares Outstanding | 16.58M | 15.29M | 11.55M | 6.54M | 4.88M | 4.40M |
| Working Capital | 25.57M | 25.12M | 11.51M | 59.53M | 32.83M | 73.19M |
| Book Value Per Share | 1.72 | 1.78 | 1.02 | 10.19 | 16.11 | -7.69 |
| Tangible Book Value | 26.46M | 25.84M | 10.08M | 63.30M | 78.08M | -34.04M |
| Tangible Book Value Per Share | 1.60 | 1.69 | 0.87 | 9.68 | 16.01 | -7.73 |
| Machinery | 2.73M | 2.69M | 3.26M | 2.59M | 256.00K |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -48.96M | -35.34M | -56.82M | -74.53M | 53.41M | -271.73M |
| Depreciation & Amortization | 674.00K | 471.00K | 3.25M | 2.54M | 1.29M | 53.00K |
| Other Amortization | 289.00K | 289.00K | 284.00K | 89.00K | ||
| Loss (Gain) From Sale of Assets | -341.00K | -53.00K | ||||
| Asset Writedown & Restructuring Costs | 35.00M | 17.60M | ||||
| Stock-Based Compensation | 5.68M | 5.68M | -670.00K | 18.25M | 21.74M | 166.00K |
| Provision & Write-off of Bad Debts | 166.00K | 12.34M | ||||
| Other Operating Activities | 6.21M | 5.99M | 20.61M | 4.20M | -102.47M | 254.90M |
| Change in Accounts Receivable | -715.00K | -715.00K | 3.37M | 21.14M | -17.95M | -6.13M |
| Change in Accounts Payable | -6.01M | -6.01M | -4.95M | -7.98M | 5.59M | -1.29M |
| Operating Cash Flow | -42.74M | -29.55M | -34.13M | -32.83M | -26.72M | -24.04M |
| Capital Expenditures | -34.00K | -33.00K | -6.00K | -712.00K | -2.38M | -223.00K |
| Sale (Purchase) of Intangibles | -293.00K | -516.00K | -3.32M | -15.41M | -22.06M | -9.08M |
| Other Investing Activities | 1.08M | 1.23M | 930.00K | 41.00K | ||
| Investing Cash Flow | 749.00K | 683.00K | -2.40M | -16.08M | -24.43M | -9.30M |
| Long-Term Debt Issued | 19.19M | |||||
| Total Debt Issued | 19.19M | |||||
| Long-Term Debt Repaid | -250.00K | -3.05M | -1.31M | -657.00K | -6.12M | |
| Lease Payments | -521.00K | -250.00K | -3.05M | -1.31M | -657.00K | |
| Net Debt Issued (Repaid) | -521.00K | -250.00K | -3.05M | -1.31M | -657.00K | 13.07M |
| Issuance of Common Stock | 46.89M | 47.18M | 13.08M | 45.08M | 21.31M | |
| Other Financing Activities | -58.00K | 201.00K | 1.16M | 1.09M | 1.53M | 107.03M |
| Financing Cash Flow | 46.31M | 47.13M | 11.19M | 44.85M | 22.18M | 120.11M |
| Foreign Exchange Rate Adjustments | -237.00K | 9.00K | -414.00K | -457.00K | -9.03M | 6.00K |
| Net Cash Flow | 4.08M | 18.27M | -25.75M | -4.51M | -38.00M | 86.77M |
| Free Cash Flow | -42.78M | -29.59M | -34.13M | -33.54M | -29.09M | -24.26M |
| Free Cash Flow Margin | -3,939.13% | -5,582.26% | -11,649.15% | -5,240.16% | -403.43% | -50,537.50% |
| Free Cash Flow Per Share | -2.73 | -2.15 | -6.75 | -6.38 | -5.97 | -8.88 |
| Levered Free Cash Flow | -19.70M | -11.29M | 253.88K | -69.75M | -31.73M | -6.77M |
| Unlevered Free Cash Flow | -19.66M | -11.26M | 393.25K | -69.57M | -31.59M | -6.09M |
| Free Cash Flow After Leases | -43.30M | -29.84M | -37.18M | -34.85M | -29.75M | -24.26M |
| Cash Interest Paid | 68.00K | 48.00K | 168.00K | 284.00K | 197.00K | |
| Change in Working Capital | -6.72M | -6.72M | -1.58M | 13.15M | -12.36M | -7.42M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 273.74M | 592.57M | 38.89M | 97.31M | 686.41M | 2.21B |
| Enterprise Value | 247.05M | 568.62M | 25.24M | 64.98M | 613.33M | 2.21B |
| Last Close Price | 15.73 | 38.75 | 5.70 | 14.88 | 140.75 | 501.75 |
| PE Ratio | 12.85 | |||||
| Forward PE | 5.57 | 5.57 | 5.57 | 36.58 | ||
| PS Ratio | 252.06 | 1,118.06 | 132.72 | 152.05 | 95.18 | 46,024.45 |
| PB Ratio | 9.15 | 21.76 | 3.29 | 1.46 | 8.74 | -65.28 |
| P/TBV Ratio | 10.34 | 22.93 | 3.86 | 1.54 | 8.79 | |
| EV/Sales Ratio | 227.49 | 1,072.87 | 86.14 | 101.53 | 85.04 | 46,134.24 |
| Debt / Equity Ratio | 0.08 | 0.03 | 0.08 | 0.13 | 0.10 | |
| Net Debt / Equity Ratio | -0.94 | -1.33 | -1.50 | -0.54 | -0.52 | 2.57 |
| Net Debt / EBITDA Ratio | 0.53 | 1.04 | 0.50 | 0.54 | 0.84 | 6.29 |
| Net Debt / FCF Ratio | 0.62 | 1.23 | 0.52 | 1.07 | 1.41 | 3.58 |
| Asset Turnover | 0.03 | 0.01 | 0.01 | 0.01 | 0.06 | 0.00 |
| Quick Ratio | 4.61 | 2.63 | 1.90 | 1.71 | 2.34 | 5.15 |
| Current Ratio | 4.88 | 2.69 | 1.94 | 3.22 | 2.38 | 5.29 |
| Return on Equity (ROE) | -220.21% | -181.44% | -66.81% | -66.26% | 238.89% | |
| Return on Assets (ROA) | -95.51% | -62.75% | -36.76% | -37.70% | -26.43% | -14.11% |
| Return on Capital Employed (ROCE) | -169.10% | -124.90% | -256.10% | -92.50% | -50.20% | -14.40% |
| Earnings Yield | -19.83% | -5.96% | -146.11% | -76.59% | 7.78% | -12.30% |
| FCF Yield | -15.63% | -4.99% | -87.77% | -34.46% | -4.24% | -1.10% |
| Buyback Yield / Dilution | -16.48% | -172.50% | 3.78% | -7.82% | -78.45% | -15.30% |