Arqit Reports Q2 2026 Earnings and Business Highlights
Arqit (ARQQ) reported first-half revenue of $623 thousand for the period ending March 31, a significant increase from $67 thousand in the prior year. The growth was driven by an expansion in contract activity across telecom, government, defense, and enterprise sectors. Despite rising administrative expenses to $33.9 million and a widening operating loss of $33.7 million compared to last year's $20 million, Arqit has increased its cash reserves from $28.9 million at the end of March 2026 to $35.9 million by May 20.
Tickers: $ARQQ
Topics: cash_position contracts expenses operating_loss revenue