Develops secure microcontrollers for IoT devices and cybersecurity applications.
Dec 2025Revenue $18.3M/yrExpenses $58.1M/yr
No trendCash runway over 10 years from Dec 2025
Figures by year
When will SEALSQ be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Dec 2025, revenue was $18.3M and expenses $58.1M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $18.3M | $58.1M | −$39.8M |
| Dec 2024 | $11.0M | $28.2M | −$17.2M |
| Dec 2023 | $30.1M | $34.2M | −$4.14M |
| Dec 2022 | $23.2M | $20.6M | $2.58M |
| Dec 2021 | $17.0M | $22.0M | −$5.04M |
| Dec 2020 | $14.3M | $22.9M | −$8.59M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.