Big Gains Alert: These 3 Tech Stocks Are Surging This Month Arqit Quantum (NASDAQ:ARQQ) reported higher first-half fiscal 2026 revenue and said it is seeing increased commercial activity as governments, telecom operators and defense-related customers evaluate post-quantum…
bersecurity needs. Chief Executive Officer Andy Leaver told investors that the market has shifted from debating whether organizations need to upgrade cryptographic security to determining how quickly they can do so
He pointed to public comments and research from Google, Cloudflare and IonQ that, in his view, have accelerated the urgency around migration to post-quantum cryptography. – 3 Quantum Computing ETFs to Know—And Why 2 Don’t Hold D-Wave “What has become clear in the first half of our current fiscal year is that when is becoming now,” Leaver said, referring to the timing of post-quantum security upgrades. Revenue rises from a low base Chief Financial Officer Nick Pointon said Arqit generated $623,000 in revenue for the first half of fiscal 2026, compared with $67,000 in the same period of fiscal 2025. He said the increase reflected revenue from a Middle East customer contract that began late in the first half of fiscal 2025, as well as activity under 11 contracts during the latest period, compared with six in the prior-year first half. – Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement Pointon said the latest period represented Arqit’s second consecutive reporting period of revenue growth. “With a small data set, it gives credence to Andy’s comments when we reported in fiscal year 2025 results that our revenue had troughed as of March 2025, and our expectation is for growth going forward,” he said.
Administrative expenses rose to GBP 33.9 million for the six months ended March 31, 2026, from GBP 20.2 million a year earlier. Pointon said the increase was driven by higher employee-related costs and share-based compensation associated with higher headcount, partially offset by…