WISeKey International Holding AG (WQEY) Income Statement
WQEY 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWQEY revenue and net income
Where WQEY's revenue goes
2025Each bar shows an amount and its share of revenue. WQEY kept −31.5% of revenue as net income.
WQEY profit margins
WQEY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +62.4% | −6.8% | — | — |
| Gross profit | +115.2% | −2.9% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WQEY income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $19.3M | $11.9M | $30.9M | $23.8M |
| Cost of revenue | $10.1M | $7.6M | $16.2M | $13.7M |
| Gross profit | $9.2M | $4.3M | $14.7M | $10.1M |
| Research & development | $14.9M | $7.0M | $4.4M | $3.9M |
| Sales, general & admin | $42.3M | $24.9M | $23.8M | $18.7M |
| Total operating expenses | $67.0M | $39.3M | $44.2M | $36.1M |
| Operating income | −$47.7M | −$27.4M | −$13.3M | −$12.3M |
| Interest income | $6.1M | $174,000 | $90,000 | $5,000 |
| Interest expense | $224,000 | $1.9M | $1.3M | $733,000 |
| Income before taxes | −$38.2M | −$28.9M | −$15.2M | −$13.0M |
| Net income | −$6.1M | −$13.4M | −$15.4M | −$27.5M |
| EBITDA | −$37.7M | −$26.3M | −$13.3M | −$11.7M |
| EPS (diluted) | −$1.08 | — | — | — |
| Gross margin | 47.9% | 36.2% | 47.7% | 42.4% |
| Operating margin | −247.3% | −230.9% | −43.0% | −51.8% |
| Net margin | −31.5% | −113.2% | −49.7% | −115.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WQEY's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WQEY financial results
In fiscal year 2025 (ended December 31, 2025), WISeKey International reported revenue of $19.3 million, up 62.4% from the year before. It had a net loss of $6.1 million, a net profit margin of −31.5%. Diluted earnings per share came to −$1.08.
See the WQEY stock overview for the latest quote and news, or the WQEY chart for price history and technical indicators.
WQEY income statement FAQ
What is WISeKey International's annual revenue?
WISeKey International reported total revenue of $19.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 62.4% from $11.9 million the previous year.
Is WISeKey International profitable?
No. WISeKey International reported a net loss of $6.1 million in fiscal 2025, a net profit margin of −31.5%; its operating margin was −247.3%.
What is WISeKey International's gross margin?
WISeKey International's gross margin was 47.9% in fiscal 2025: for every $100 of revenue, WISeKey International kept $48 after the direct cost of its products and services.
How much does WISeKey International spend on research and development?
WISeKey International spent $14.9 million on research and development in fiscal 2025, 77.2% of revenue.
What are WISeKey International's earnings per share?
WISeKey International earned $-1.08 per diluted share in fiscal 2025.
When does WISeKey International's fiscal year end?
WISeKey International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.