Pasqal Holding Reports First Half Revenue Growth of 14% to €4.9 Million
Pasqal Holding SA reported first-half revenue of €4.9 million, representing a year-over-year increase of 14%. The company's QPU-related services saw the most significant growth at 34%, contributing €3.9 million in revenue during the period. As of June 30, 2026, Pasqal had booked and awarded business totaling €70.4 million. Despite this positive performance, the company reported an earnings per share (EPS) loss of -€0.073 for the first half. The results come amid growing investor interest in quantum computing firms like Pasqal, particularly following its Nasdaq debut after a SPAC merger and recent coverage from Roth starting with a 'Buy' rating. The strong revenue growth highlights increasing demand for Pasqal's quantum solutions but is offset by ongoing losses.
Tickers: $PSQL