Cash flow Arqit Quantum Inc.

Stocks

ARQQ

KYG0567U1278

Software

Market Closed - Nasdaq Other stock markets 21:00:00 11/06/2026 BST			After hours 21:28:21
13.69 ^USD	+4.58%		13.72	+0.22%

05-21	Arqit Quantum Inc., H1 2026 Earnings Call, May 21, 2026
05-21	Arqit Quantum Inc. Reports Earnings Results for the Half Year Ended March 31, 2026	CI

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Published financial data: ARQIT QUANTUM INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	47.91K	7.21M	640K	293K	530K
Total Revenues	47.91K	7.21M	640K	293K	530K
Cost of Goods Sold, Total	-	754K	2.29M	1.88M	330K
Gross Profit	47.91K	6.46M	-1.65M	-1.59M	200K
Selling General & Admin Expenses, Total	13.88M	56.57M	59.04M	29.98M	34.61M
Provision for Bad Debts	-	-	12.34M	166K	-
Depreciation & Amortization - (IS)	52.55K	1.29M	2.54M	3.19M	417K
Amortization of Goodwill and Intangible Assets - (IS)	-	-	91K	375K	343K
Other Operating Expenses	-	-	-	-337K	-249K
Other Operating Expenses, Total	13.94M	57.86M	74.01M	33.37M	35.12M
Operating Income	-13.89M	-51.41M	-75.66M	-34.96M	-34.92M
Interest Expense, Total	-1.08M	-221K	-284K	-223K	-48K
Interest And Investment Income	-	-	41K	930K	1.23M
Net Interest Expenses	-1.08M	-221K	-243K	707K	1.18M
Currency Exchange Gains (Loss)	-623K	-13.54M	8.76M	12.25M	1M
Other Non Operating Income (Expenses)	-98.09M	130M	10.64M	6K	-261K
EBT, Excl. Unusual Items	-114M	65.08M	-56.5M	-22M	-33M
Merger & Related Restructuring Charges	-155M	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	53K	55K	-
Asset Writedown	-	-	-17.6M	-2.03M	-
Other Unusual Items	-2.59M	-	-	-	-4.62M
EBT, Incl. Unusual Items	-272M	65.08M	-74.05M	-23.98M	-37.62M
Income Tax Expense	-	-	-141K	-	-2.19M
Earnings From Continuing Operations	-272M	65.08M	-73.91M	-23.98M	-35.43M
Earnings Of Discontinued Operations	-	-	-	-	87K
Net Income to Company	-272M	65.08M	-73.91M	-23.98M	-35.34M
Net Income - (IS)	-272M	65.08M	-73.91M	-23.98M	-35.34M
Net Income to Common Incl Extra Items	-272M	65.08M	-73.91M	-23.98M	-35.34M
Net Income to Common Excl. Extra Items	-272M	65.08M	-73.91M	-23.98M	-35.43M
Per Share Items
Net EPS - Basic	-99.42	13.43	-14.05	-4.74	-2.56
Basic EPS - Continuing Operations	-99.42	13.43	-14.05	-4.74	-2.57
Basic Weighted Average Shares Outstanding	2.73M	4.85M	5.26M	5.06M	13.79M
Net EPS - Diluted	-99.42	13.34	-14.06	-4.74	-2.56
Diluted EPS - Continuing Operations	-99.42	13.34	-14.06	-4.74	-2.57
Diluted Weighted Average Shares Outstanding	2.73M	4.88M	5.26M	5.06M	13.79M
Normalized Basic EPS	-26	8.39	-6.72	-2.72	-1.5
Normalized Diluted EPS	-26	8.34	-6.72	-2.72	-1.5
Supplemental Items
EBITDA	-13.84M	-51.04M	-74.76M	-33.14M	-34.69M
EBITA	-13.89M	-51.41M	-75.66M	-34.87M	-34.87M
EBIT	-13.89M	-51.41M	-75.66M	-34.96M	-34.92M
EBITDAR	-13.65M	-51.02M	-74.75M	-33.07M	-
Effective Tax Rate - (Ratio)	-	-	0.19	-	5.81
Total Current Taxes	-	-	-141K	-	-2.19M
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-71.05M	40.67M	-35.31M	-13.75M	-20.62M
Interest on Long-Term Debt	-	221K	284K	223K	48K
Supplemental Operating Expense Items
General and Administrative Expenses	6.24M	40.34M	36.81M	10.71M	17.03M
Net Rental Expense, Total	188K	12K	3K	74K	-
Imputed Operating Lease Interest Expense	-	-	840	28.11K	-
Imputed Operating Lease Depreciation	-	-	2.16K	45.89K	-
Stock-Based Comp., G&A Exp. (Total)	166K	22.92M	14.12M	-1.64M	5.6M
Stock-Based Comp., Other (Total)	-	-	-	-1.27M	72K
Total Stock-Based Compensation	166K	22.92M	14.12M	-2.91M	5.68M

Fiscal Period: September	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	86.97M	48.97M	44.46M	18.7M	36.98M
Total Cash And Short Term Investments	86.97M	48.97M	44.46M	18.7M	36.98M
Accounts Receivable, Total	56.59K	5.92M	1.27M	471K	657K
Other Receivables	857K	892K	164K	4.01M	1.53M
Total Receivables	913K	6.82M	1.44M	4.48M	2.19M
Prepaid Expenses	2.38M	861K	1.78M	517K	852K
Other Current Assets, Total	-	-	38.68M	-	-
Total Current Assets	90.26M	56.64M	86.35M	23.7M	40.02M
Gross Property Plant And Equipment	256K	9.57M	11.97M	4.74M	3.91M
Accumulated Depreciation	-57.11K	-1.23M	-3.87M	-3.66M	-3.19M
Net Property Plant And Equipment	199K	8.34M	8.1M	1.08M	720K
Long-term Investments	33.68K	28K	30K	-	-
Other Intangibles, Total	-	-	3.36M	1.74M	1.39M
Accounts Receivable Long-Term	-	975K	-	-	-
Deferred Charges Long-Term	18.24M	40.29M	56K	202K	719K
Other Long-Term Assets, Total	5M	17.59M	1.89M	-	-
Total Assets	114M	124M	99.78M	26.72M	42.85M
Liabilities
Accounts Payable, Total	9.75M	17.48M	11.79M	9.01M	47K
Accrued Expenses, Total	4.2M	3.8M	4.82M	1.87M	3.2M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	-	1.15M	2.12M	286K	265K
Current Income Taxes Payable	410K	633K	1.47M	439K	3.17M
Unearned Revenue Current, Total	2.66M	225K	18K	4K	444K
Other Current Liabilities	57.55K	516K	6.6M	593K	7.77M
Total Current Liabilities	17.07M	23.81M	26.82M	12.2M	14.9M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	-	6.68M	6.28M	704K	454K
Unearned Revenue Non Current	2.46M	4.18M	24K	-	-
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	128M	10.64M	6K	2M	261K
Total Liabilities	148M	45.32M	33.13M	14.9M	15.62M
Common Stock, Total	11.01K	12K	16K	29K	38K
Additional Paid In Capital	71M	92.31M	137M	150M	206M
Retained Earnings	-272M	-207M	-278M	-332M	-374M
Comprehensive Income and Other	167M	193M	207M	194M	195M
Total Common Equity	-33.84M	78.56M	66.65M	11.82M	27.24M
Total Equity	-33.84M	78.56M	66.65M	11.82M	27.24M
Total Liabilities And Equity	114M	124M	99.78M	26.72M	42.85M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.8M	4.88M	6.56M	12.5M	15.65M
ECS Total Common Shares Outstanding	4.4M	4.88M	6.54M	11.55M	15.29M
Book Value / Share	-7.69	16.11	10.19	1.02	1.78
Tangible Book Value	-33.84M	78.56M	63.3M	10.08M	25.84M
Tangible Book Value Per Share	-7.69	16.11	9.67	0.87	1.69
Total Debt	0	7.84M	8.4M	990K	719K
Net Debt	-86.97M	-41.13M	-36.05M	-17.72M	-36.26M
Debt Equivalent Oper. Leases	1.5M	96K	24K	592K	-
Equity Method Investments, Total	33.68K	28K	30K	-	-
Account Code - Inventory Valuation	3	3	-	3	3
Machinery, Total	256K	2.59M	3.26M	3.38M	2.73M
Full Time Employees	74	145	147	82	87
Order Backlog	1.23B	-	-	-	-

Fiscal Period: September	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-272M	65.08M	-73.91M	-23.98M	-35.34M
Depreciation & Amortization - CF	52.55K	1.29M	2.54M	3.16M	417K
Amortization of Goodwill and Intangible Assets - (CF)	-	-	2K	91K	54K
Depreciation & Amortization, Total	52.55K	1.29M	2.54M	3.25M	471K
Amortization of Deferred Charges, Total - (CF)	-	-	89K	284K	289K
(Gain) Loss From Sale Of Asset	-	-	-53K	-341K	-
Asset Writedown & Restructuring Costs	-	-	17.6M	35M	-
Stock-Based Compensation (CF)	166K	22.92M	14.12M	-2.91M	5.68M
Provision and Write-off of Bad Debts	-	-	12.34M	166K	-
Net Cash From Discontinued Operations	-	-	3.52M	-34.03M	87K
Other Operating Activities, Total	255M	-104M	-22.22M	-9.99M	5.99M
Change In Accounts Receivable	-6.13M	-12.36M	21.14M	3.37M	-715K
Change In Accounts Payable	-1.29M	-	-7.98M	-4.94M	-6.01M
Cash from Operations	-24.03M	-26.92M	-32.82M	-34.13M	-29.55M
Capital Expenditure	-223K	-2.38M	-712K	-6K	-33K
Sale (Purchase) of Intangible assets	-9.08M	-22.06M	-15.41M	-3.32M	-516K
Other Investing Activities, Total	-	-	41K	930K	1.23M
Cash from Investing	-9.31M	-24.43M	-16.08M	-2.4M	683K
Long-Term Debt Issued, Total	19.19M	-	-	-	-
Total Debt Issued	19.19M	-	-	-	-
Long-Term Debt Repaid, Total	-6.12M	-657K	-1.32M	-3.05M	-250K
Total Debt Repaid	-6.12M	-657K	-1.32M	-3.05M	-250K
Issuance of Common Stock	-	21.31M	45.08M	13.08M	47.18M
Other Financing Activities, Total	107M	1.72M	1.09M	1.16M	201K
Cash from Financing	120M	22.37M	44.85M	11.19M	47.13M
Foreign Exchange Rate Adjustments	5.81K	-9.02M	-457K	-414K	9K
Net Change in Cash	86.77M	-38M	-4.51M	-25.75M	18.27M
Supplemental Items
Cash Interest Paid	-	-	284K	168K	48K
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-6.77M	-31.29M	-79.01M	-586K	-11.29M
Unlevered Free Cash Flow	-6.1M	-31.15M	-78.83M	-447K	-11.26M
Change In Net Working Capital	-11.67M	-1.2M	32.17M	-24.11M	-4.68M
Net Debt Issued / Repaid	13.07M	-657K	-1.32M	-3.05M	-250K

Fiscal Period: September	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-14.11	-27.04	-42.29	-34.55	-62.75
Return on Total Capital	63.24	-122.28	-58.58	-49.74	-107.09
Return On Equity %	1.65K	291.07	-101.8	-61.11	-181.44
Return on Common Equity	1.65K	291.07	-101.8	-61.11	-181.44
Margin Analysis
Gross Profit Margin %	100	89.55	-257.66	-543	37.74
SG&A Margin	28.98K	784.41	9.23K	10.23K	6.53K
EBITDA Margin %	-28.88K	-707.67	-11.68K	-11.31K	-6.55K
EBITA Margin %	-28.99K	-712.78	-11.82K	-11.9K	-6.58K
EBIT Margin %	-28.99K	-712.78	-11.82K	-11.93K	-6.59K
Income From Continuing Operations Margin %	-567K	902.32	-11.55K	-8.18K	-6.68K
Net Income Margin %	-567K	902.32	-11.55K	-8.18K	-6.67K
Net Avail. For Common Margin %	-567K	902.32	-11.55K	-8.18K	-6.68K
Normalized Net Income Margin	-148K	563.95	-5.52K	-4.69K	-3.89K
Levered Free Cash Flow Margin	-14.13K	-433.87	-12.34K	-200	-2.13K
Unlevered Free Cash Flow Margin	-12.72K	-431.96	-12.32K	-152.43	-2.12K
Asset Turnover
Asset Turnover	0	0.06	0.01	0	0.02
Fixed Assets Turnover	0.42	1.69	0.08	0.06	0.59
Receivables Turnover (Average Receivables)	-	2.41	0.18	0.34	0.94
Short Term Liquidity
Current Ratio	5.29	2.38	3.22	1.94	2.69
Quick Ratio	5.15	2.34	1.71	1.9	2.63
Operating Cash Flow to Current Liabilities	-1.41	-1.13	-1.22	-2.8	-1.98
Days Sales Outstanding (Average Receivables)	-	151.35	2.05K	1.09K	388.41
Average Days Payable Outstanding	-	6.59K	2.33K	2.02K	5.01K
Long Term Solvency
Total Debt/Equity	-	9.97	12.61	8.38	2.64
Total Debt / Total Capital	-	9.07	11.19	7.73	2.57
LT Debt/Equity	-	8.5	9.43	5.96	1.67
Long-Term Debt / Total Capital	-	7.73	8.37	5.5	1.62
Total Liabilities / Total Assets	129.76	36.58	33.2	55.77	36.44
EBIT / Interest Expense	-12.88	-232.61	-266.41	-156.78	-727.54
EBITDA / Interest Expense	-12.83	-226.76	-257.45	-142.21	-717.73
(EBITDA - Capex) / Interest Expense	-13.04	-237.51	-259.95	-142.24	-718.42
Total Debt / EBITDA	-	-0.16	-0.11	-0.03	-0.02
Net Debt / EBITDA	6.29	0.82	0.49	0.56	1.05
Total Debt / (EBITDA - Capex)	-	-0.15	-0.11	-0.03	-0.02
Net Debt / (EBITDA - Capex)	6.19	0.78	0.49	0.56	1.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	14.92K	-91.13	-54.22	80.89
Gross Profit, 1 Yr. Growth %	-	-4.75K	-125.53	-3.52	-112.57
EBITDA, 1 Yr. Growth %	398.1	268.9	49.93	-46.9	-1.95
EBITA, 1 Yr. Growth %	399.13	270.15	50.62	-44.93	-6.03
EBIT, 1 Yr. Growth %	399.13	270.15	50.63	-44.79	-6.12
Earnings From Cont. Operations, 1 Yr. Growth %	47.71K	-123.95	-238.38	-45.47	35.16
Net Income, 1 Yr. Growth %	47.71K	-123.95	-238.38	-45.47	-37.8
Normalized Net Income, 1 Yr. Growth %	9.9K	-157.24	-205.79	-50.19	36.13
Diluted EPS Before Extra, 1 Yr. Growth %	41.37K	-113.42	-228.36	-43.33	-50.39
Accounts Receivable, 1 Yr. Growth %	-	10.29K	-78.51	-63	39.49
Net Property, Plant and Equip., 1 Yr. Growth %	642.69	4.09K	-2.89	-86.7	-33.21
Total Assets, 1 Yr. Growth %	1.12K	8.92	-19.45	-73.22	60.38
Tangible Book Value, 1 Yr. Growth %	-3.73K	-332.13	-18.94	-84.07	156.33
Common Equity, 1 Yr. Growth %	-3.73K	-332.13	-15.15	-82.27	130.44
Cash From Operations, 1 Yr. Growth %	1.7K	11.99	22.85	3.96	-13.4
Capital Expenditures, 1 Yr. Growth %	746.4	965.47	-70.03	-99.16	450
Levered Free Cash Flow, 1 Yr. Growth %	-6.29	362.28	149.01	-99.18	-4.55K
Unlevered Free Cash Flow, 1 Yr. Growth %	-12.65	411.12	149.54	-99.37	-2.96K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	265.15	-79.84	-9
Gross Profit, 2 Yr. CAGR %	-	537.31	244.43	-50.37	-65.17
EBITDA, 2 Yr. CAGR %	254.13	328.62	132.45	-17.77	-27.8
EBITA, 2 Yr. CAGR %	254.74	329.78	133.4	-16.68	-28.1
EBIT, 2 Yr. CAGR %	254.74	329.78	133.41	-16.57	-28.05
Earnings From Cont. Operations, 2 Yr. CAGR %	1.3K	970.37	-47.85	-33	-14.18
Net Income, 2 Yr. CAGR %	1.3K	970.37	-47.85	-33	-31.14
Normalized Net Income, 2 Yr. CAGR %	942.93	656.53	-29.5	-35.82	-17.35
Diluted EPS Before Extra, 2 Yr. CAGR %	1.21K	646.21	-62.4	-34.22	-47
Accounts Receivable, 2 Yr. CAGR %	-	-	372.58	-71.8	-28.16
Net Property, Plant and Equip., 2 Yr. CAGR %	525.4	1.66K	538.15	-64.06	-70.19
Total Assets, 2 Yr. CAGR %	252.05	264.74	-6.33	-53.56	-34.47
Tangible Book Value, 2 Yr. CAGR %	405.75	818.57	36.36	-64.07	-36.1
Common Equity, 2 Yr. CAGR %	405.75	818.57	40.34	-61.21	-36.08
Cash From Operations, 2 Yr. CAGR %	116.91	349.02	16.86	13.01	-5.11
Capital Expenditures, 2 Yr. CAGR %	456.99	855.95	78.68	-94.98	-78.47
Levered Free Cash Flow, 2 Yr. CAGR %	-	108.14	241.65	-86.41	-59.77
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	111.3	259.63	-88.11	-59.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	82.76	-58.11
Gross Profit, 3 Yr. CAGR %	-	-	118.08	125.36	-68.6
EBITDA, 3 Yr. CAGR %	-	258.98	199.67	33.81	-10.88
EBITA, 3 Yr. CAGR %	-	259.8	200.69	35.92	-11.46
EBIT, 3 Yr. CAGR %	-	259.8	200.69	36.03	-11.41
Earnings From Cont. Operations, 3 Yr. CAGR %	-	260.98	406.74	-55.48	-12.79
Net Income, 3 Yr. CAGR %	-	260.98	406.74	-55.48	-12.86
Normalized Net Income, 3 Yr. CAGR %	-	296.35	267.65	-42.16	-14.83
Diluted EPS Before Extra, 3 Yr. CAGR %	-	183.82	288.54	-63.74	-38.32
Accounts Receivable, 3 Yr. CAGR %	-	-	-	102.17	-51.95
Net Property, Plant and Equip., 3 Yr. CAGR %	-	1.08K	569.54	75.63	-55.81
Total Assets, 3 Yr. CAGR %	-	138.11	120.47	-38.3	-29.8
Tangible Book Value, 3 Yr. CAGR %	-	290.13	308.14	-33.35	-30.83
Common Equity, 3 Yr. CAGR %	-	290.13	315.23	-29.58	-29.75
Cash From Operations, 3 Yr. CAGR %	-	74.01	190.79	12.4	3.42
Capital Expenditures, 3 Yr. CAGR %	-	591.78	201.42	-70.04	-75.96
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	121.98	-55.76	-29.14
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	124.39	-58.15	-29.1
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	-	-	-	4.7
EBITDA, 5 Yr. CAGR %	-	-	-	97.49	65.69
EBITA, 5 Yr. CAGR %	-	-	-	99.49	65.8
EBIT, 5 Yr. CAGR %	-	-	-	99.59	65.85
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	76.92	128.56
Net Income, 5 Yr. CAGR %	-	-	-	76.92	128.45
Normalized Net Income, 5 Yr. CAGR %	-	-	-	83.93	96.13
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	52.02	60.72
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	191.93	92.84
Total Assets, 5 Yr. CAGR %	-	-	-	23.83	35.7
Tangible Book Value, 5 Yr. CAGR %	-	-	-	50.1	94.39
Common Equity, 5 Yr. CAGR %	-	-	-	54.95	96.44
Cash From Operations, 5 Yr. CAGR %	-	-	-	46.2	85.79
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-3.52	4.88
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	9.34
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	10.04