SEALSQ Corp (LAES) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
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LAES Revenue Growth
Revenue Breakdown (FY 2024)
LAES's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
LAES Revenue Analysis (2020–2024)
As of May 8, 2026, SEALSQ Corp (LAES) generated trailing twelve-month (TTM) revenue of $35.4 million, reflecting modest growth of +3.1% year-over-year. The most recent quarter (Q2 2025) recorded $5.6 million in revenue, down 20.7% sequentially.
Looking at the longer-term picture, LAES's historical revenue data shows a 3-year CAGR of -16.1%. The company achieved its highest annual revenue of $30.1 million in 2023.
Revenue diversification analysis shows LAES's business is primarily driven by Semiconductors (48%), Total (48%), and Corporate (4%).
When compared to Technology sector peers including XTLB, CODA (+33.2% YoY), and IDAI (+72.6% YoY), LAES has underperformed the peer group in terms of revenue growth. Compare LAES vs XTLB →
LAES Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LAESCurrent | $35M | +3.1% | - | -156.6% | |
 XTLB | $451,000 | - | - | -481.6% | |
 CODA | $27M | +33.2% | +5.8% | 17.1% | |
 IDAI | $3M | +72.6% | +7.9% | -303.9% | |
 INVE | $27M | -55.0% | -20.5% | -105.0% | |
 QLYS | $669M | +10.2% | +13.0% | 33.2% |
LAES Historical Revenue Data (2020–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $11.0M | -63.5% | $3.7M | 33.9% | $-17,191,000 | -156.6% |
| 2023 | $30.1M | +29.6% | $14.0M | 46.7% | $-4,141,000 | -13.8% |
| 2022 | $23.2M | +24.8% | $9.8M | 42.2% | $2.6M | 11.1% |
| 2021 | $18.6M | +21.9% | $7.1M | 38.4% | $-5,513,710 | -29.7% |
| 2020 | $15.3M | - | $5.4M | 35.6% | $-8,585,000 | -56.3% |
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Start ComparisonLAES — Frequently Asked Questions
Quick answers to the most common questions about buying LAES stock.
Is LAES's revenue growth accelerating or slowing?
LAES revenue growth slowed to +3.1%, below the 5-year CAGR of N/A. TTM revenue is $35M. The deceleration marks a shift from historical growth rates.
What is LAES's long-term revenue growth rate?
SEALSQ Corp's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of +3.1% is near this long-term average.
How is LAES's revenue distributed by segment?
LAES reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.