LAES
SEALSQ Corp
NASDAQ: LAES · TECHNOLOGY · SEMICONDUCTORS
$2.91
-2.02% today
Updated 2026-05-05
Market cap
$648.27M
P/E ratio
—
P/S ratio
35.52x
EPS (TTM)
$-0.24
Dividend yield
—
52W range
$2 – $9
Volume
10.4M
SEALSQ Corp (LAES) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $15.25M | $18.59M | $24.29M | $33.45M | $12.47M | $18.25M |
| Revenue growth (YoY) | — | +21.9% | +30.7% | +37.7% | -62.7% | +46.4% |
| Cost of revenue | $10.96M | $12.08M | $14.03M | $17.81M | $8.24M | $9.62M |
| Gross profit | $4.30M | $6.50M | $10.26M | $15.63M | $4.23M | $8.63M |
| Gross margin | 28.2% | 35.0% | 42.2% | 46.7% | 33.9% | 47.3% |
| R&D | $4.40M | $3.34M | $2.42M | $4.39M | $5.66M | $12.48M |
| SG&A | $9.46M | $7.64M | $3.09M | $8.64M | $10.84M | $25.80M |
| Operating income | $-9.15M | $-5.51M | $603100.00 | $-2.22M | $-19.93M | $-39.80M |
| Operating margin | -60.0% | -29.7% | 2.5% | -6.6% | -159.8% | -218.1% |
| EBITDA | $-6.11M | $-3.83M | $1.03M | $-1.59M | $-19.21M | $-33.79M |
| EBITDA margin | -40.1% | -20.6% | 4.2% | -4.8% | -154.1% | -185.2% |
| EBIT | $-9.15M | $-5.51M | $603100.00 | $-2.22M | $-19.93M | $-33.98M |
| Interest expense | $9000.00 | $168000.00 | $605000.00 | $987000.00 | $2.08M | $223000.00 |
| Income tax | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-9.80M | $-5.28M | $6.04M | $-3.64M | $-24.07M | $-34.19M |
| Net income growth (YoY) | — | +46.1% | +214.4% | -160.2% | -562.0% | -42.0% |
| Profit margin | -64.3% | -28.4% | 24.9% | -10.9% | -193.1% | -187.3% |