Arqit Quantum Inc.

NasdaqCM:ARQQ Stock Report

Market Cap: US$234.2m

Arqit Quantum Balance Sheet Health

Financial Health criteria checks 6/6

Arqit Quantum has a total shareholder equity of $27.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $42.9M and $15.6M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$36.98m
EquityUS$27.24m
Total liabilitiesUS$15.62m
Total assetsUS$42.85m

Recent financial health updates

Analysis Article • May 25

We're Keeping An Eye On Arqit Quantum's (NASDAQ:ARQQ) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Arqit Quantum...
Analysis Article • Feb 13

We Think Arqit Quantum (NASDAQ:ARQQ) Needs To Drive Business Growth Carefully

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article • Sep 24

Companies Like Arqit Quantum (NASDAQ:ARQQ) Could Be Quite Risky

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • May 20

Here's Why Arqit Quantum (NASDAQ:ARQQ) Must Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Recent updates

Seeking Alpha • Jun 26

Arqit Quantum: A Story Stock That I'm Not Reading

Summary Quantum stocks like Arqit Quantum remain highly volatile, driven more by hype than near-term commercialization or fundamentals. Despite a recent rally, the company's financials are weak, with declining revenue, rising losses, and no clear path to profitability. The risk-reward for ARQQ is unfavorable; I recommend selling into strength and reallocating to better-positioned quantum names like IonQ or D-Wave. Valuations across the sector are inflated by speculative interest, and since real progress and execution should drive investment decisions, I remain cautious of the name. I hereon share my sentiment on Arqit and why I see more downside ahead. Read the full article on Seeking Alpha
Analysis Article • May 25

We're Keeping An Eye On Arqit Quantum's (NASDAQ:ARQQ) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Arqit Quantum...
Seeking Alpha • Mar 13

Arqit Quantum: Potential Remains In Distant Future

Summary Arqit Quantum develops quantum-safe encryption solutions, but has not realized its business potential, leading to a Strong Sell recommendation. Despite partnerships and initiatives, Arqit's financials are disappointing, with a 54% revenue drop and significant losses in fiscal 2024. The company is focusing on European opportunities and defense industry partnerships, but these are long-term prospects. Arqit's stock is overvalued with no meaningful business metrics improvement, likely to return to post-2021 levels around $3-$4. Read the full article on Seeking Alpha
Seeking Alpha • Jan 20

Arqit Quantum: A Hidden Quantum Gem

Summary Arqit Quantum is a promising quantum cybersecurity stock, but its future remains uncertain, leading me to rate it a Hold. The company's Systemic Key Agreement Platform addresses quantum cybersecurity threats and has shifted to a more cost-effective terrestrial distribution method. Financials are volatile, but a significant multi-year contract in the EMEA region could provide steady, recurring revenue and validate ARQQ's business model. Despite high risks and early-stage challenges, ARQQ's potential in the quantum cybersecurity market makes its valuation compelling compared to peers. Read the full article on Seeking Alpha
Seeking Alpha • Jan 06

Shine On All Things Quantum: Initiating Arqit Stock With A Sell

Summary Quantum computing stocks, including Arqit Quantum Inc., surged post Google's new Willow chip. I think the current market excitement is premature. Arqit faces significant challenges in turning innovation into profit and achieving industry adoption, making it a non-favorable risk-reward scenario post the recent +820% run-up over the past three months. I would advise investors to take their gains now if they're in the stock, and to be cautious about entering at current levels. I hereon share my sentiment on Arqit and why I see limited upside ahead. Read the full article on Seeking Alpha
Analysis Article • Feb 13

We Think Arqit Quantum (NASDAQ:ARQQ) Needs To Drive Business Growth Carefully

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article • Sep 24

Companies Like Arqit Quantum (NASDAQ:ARQQ) Could Be Quite Risky

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • May 20

Here's Why Arqit Quantum (NASDAQ:ARQQ) Must Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Seeking Alpha • Sep 02

Arqit Quantum stock slides 12% ahead of voluntary lock-up expiration

Arqit Quantum (NASDAQ:ARQQ) stock fell as much as 12.4% on Friday ahead of the Sept. 3 deadline for expiration of voluntary lock-up deals by shareholders holding ~105.9M shares. Of the shares subject to lock-up deals, 61.3M shares are held by ARQQ officers, directors and employees. These are subject to black out period restrictions and can't be traded till after ARQQ reports results for the year ending Sept. 30. 19.5M shares are held by two institutional investors, each of which have a representative on ARQQ's board, and 16.8M shares are held by three institutional investors that were early investors in the company. The remaining 8.3M shares are held by four individuals.
Seeking Alpha • Jun 28

Arqit Has Cash Reserves But Will Have To Weather Venture Dry Up

Arqit continues to be an interesting play on the quantum threat. However, we are worried about the venture space and what will happen once they run out of cash given the current environment. Quite a bit of CAPEX down the line with satellite launches, but they have started billing. Overall, too speculative in an environment where reflexivity is in play for the stock and capital for early-stage companies has become especially scarce.
Seeking Alpha • Jan 25

Arqit Quantum Is Terrestrial For Now, But Will Go To Space

Arqit is a real end of the world hedge, where quantum hacking as a threat means symmetric key creation for all data transfer will be necessary. Early adopters include a range of high-profile institutions with heavy data loads and protection needs. Currently Arqit's protocol works using terrestrial infrastructure, but soon it will use satellites. While we locked profits at 2x when it de-SPACed, the company remains a very unique tech exposure.
Seeking Alpha • Sep 13

Arqit Quantum: Massive Return Potential By Future Proofing Cybersecurity

Arqit Quantum appears to have a very unique and highly effective solution to quantum hacking, which has terrorized cybersecurity professionals' dreams for years. Services are available now and producing revenue, but will be scaled tremendously in 2023 with the launch of 2 quantum satellites. The SPAC deal has provided Arqit with all of the cash that it needs going forward with the CEO stating that they will not need to raise funds, ever. I have taken a moderately sized speculative position here and will look to add upon weakness to this unique and potentially game-changing company.

Financial Position Analysis

Short Term Liabilities: ARQQ's short term assets ($40.0M) exceed its short term liabilities ($14.9M).

Long Term Liabilities: ARQQ's short term assets ($40.0M) exceed its long term liabilities ($715.0K).

Debt to Equity History and Analysis

Debt Level: ARQQ is debt free.

Reducing Debt: ARQQ has no debt compared to 5 years ago when its debt to equity ratio was 586.5%.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ARQQ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ARQQ is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 03:25
End of Day Share Price 2026/05/11 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Arqit Quantum Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jamie SheltonDeutsche Bank
Scott BuckH.C. Wainwright & Co.