Pasqal Holding SA (PSQL) Income Statement
PSQL 2025 at a glance
Fiscal year ended December 31, 2025 · eurosPSQL revenue and net income
Where PSQL's revenue goes
2025Each bar shows an amount and its share of revenue. PSQL kept −560.8% of revenue as net income.
PSQL profit margins
PSQL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +369.4% | — | — | — |
| Gross profit | +105.5% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PSQL income statement in euros
| 2025 | 2024 | |
|---|---|---|
| Revenue | €16.5M | €3.5M |
| Cost of revenue | €8.4M | −€421,000 |
| Gross profit | €8.1M | €3.9M |
| Sales, general & admin | €54.2M | €44.1M |
| Total operating expenses | €66.6M | €49.3M |
| Operating income | −€50.1M | −€45.8M |
| Interest income | €592,000 | €706,000 |
| Interest expense | €4.4M | €2.8M |
| Income before taxes | −€92.3M | −€48.8M |
| Net income | −€92.4M | −€48.5M |
| EBITDA | −€79.1M | −€39.1M |
| Gross margin | 49.0% | 112.0% |
| Operating margin | −304.3% | −1,305.3% |
| Net margin | −560.8% | −1,382.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in PSQL's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PSQL financial results
In fiscal year 2025 (ended December 31, 2025), Pasqal reported revenue of €16.5 million, up 369.4% from the year before. It had a net loss of €92.4 million, a net profit margin of −560.8%. Figures are in euros, the currency of its financial statements.
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PSQL income statement FAQ
What is Pasqal's annual revenue?
Pasqal reported total revenue of €16.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 369.4% from €3.5 million the previous year.
Is Pasqal profitable?
No. Pasqal reported a net loss of €92.4 million in fiscal 2025, a net profit margin of −560.8%; its operating margin was −304.3%.
What is Pasqal's gross margin?
Pasqal's gross margin was 49.0% in fiscal 2025: for every $100 of revenue, Pasqal kept $49 after the direct cost of its products and services.
When does Pasqal's fiscal year end?
Pasqal's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.