WISeKey International Holding AG (WKEY) Revenue History
Annual and quarterly revenue from 2015 to 2024
Compound Annual Growth Rate (CAGR)
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WKEY Revenue Growth
Revenue Breakdown (FY 2024)
WKEY's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
WKEY Revenue Analysis (2015–2024)
As of May 8, 2026, WISeKey International Holding AG (WKEY) generated trailing twelve-month (TTM) revenue of $33.0 million, reflecting modest growth of +2.3% year-over-year. The most recent quarter (Q2 2025) recorded $5.3 million in revenue, down 21.0% sequentially.
Looking at the longer-term picture, WKEY's 5-year compound annual growth rate (CAGR) stands at -12.1%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $43.1 million in 2017.
Revenue diversification analysis shows WKEY's business is primarily driven by Non-reportable Segments (100%). With over half of revenue concentrated in Non-reportable Segments, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including CEVA (+5.5% YoY), SIFY (+9.1% YoY), and XTLB, WKEY has underperformed the peer group in terms of revenue growth. Compare WKEY vs CEVA →
WKEY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WKEYCurrent | $33M | +2.3% | -12.1% | -230.9% | |
 CEVA | $107M | +5.5% | +4.2% | -7.1% | |
 SIFY | $39.9B | +9.1% | +11.7% | 5.7% | |
 XTLB | $451,000 | - | - | -481.6% | |
 IDAI | $3M | +72.6% | +7.9% | -303.9% | |
 DGII | $430M | +13.5% | +9.0% | 13.1% |
WKEY Historical Revenue Data (2015–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $11.9M | -61.6% | $4.3M | 36.2% | $-27,423,000 | -230.9% |
| 2023 | $30.9M | +29.8% | $14.7M | 47.7% | $-13,300,000 | -43.0% |
| 2022 | $23.8M | +35.0% | $9.8M | 41.1% | $-10,436,000 | -43.8% |
| 2021 | $17.6M | +19.4% | $9.1M | 51.5% | $-21,160,000 | -119.9% |
| 2020 | $14.8M | -34.8% | $5.5M | 37.0% | $-18,532,000 | -125.4% |
| 2019 | $22.7M | -33.9% | $9.5M | 41.7% | $-20,504,000 | -90.5% |
| 2018 | $34.3M | -20.4% | $16.0M | 46.6% | $-9,060,000 | -26.4% |
| 2017 | $43.1M | +293.0% | $20.7M | 48.0% | $-13,510,000 | -31.4% |
| 2016 | $11.0M | +379.3% | $4.4M | 40.4% | $-36,182,822 | -330.1% |
| 2015 | $2.3M | - | $1.5M | 64.1% | $-6,530,016 | -285.5% |
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Start ComparisonWKEY — Frequently Asked Questions
Quick answers to the most common questions about buying WKEY stock.
Is WKEY's revenue growth accelerating or slowing?
WKEY revenue growth slowed to +2.3%, below the 5-year CAGR of -12.1%. TTM revenue is $33M. The deceleration marks a shift from historical growth rates.
What is WKEY's long-term revenue growth rate?
WISeKey International Holding AG's 5-year revenue CAGR of -12.1% reflects the variable expansion pattern. Current YoY growth of +2.3% is near this long-term average.
How is WKEY's revenue distributed by segment?
WKEY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2024 are available for download. Segment mix reveals concentration and diversification trends.