ARQQ
Arqit Quantum Inc.

Arqit Quantum Inc.ARQQ

Technology · Software - Infrastructure
15.96USD
+29.97%
Nov 09, 2026
ARQQ overview ready
Quantum-Safe Network Encryption Software for Enterprise and Government
Arqit is a specialized quantum-safe security vendor selling encryption-intelligence and network-encryption software/services, including its NetworkSecure and SKA-Platform offerings, for protected communications and cryptographic-transition use cases.
Primary theme is weakening
Cybersecurity is weakening (-3.1pp vs SPY over 21 sessions; 8 of 20 members ahead of SPY).
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Fundamentals under pressure
Ev / sales is weak.
Primary risk
Technology adoption risk due to emerging quantum encryption market.
Market Nov 6Price action Nov 8Research Sep 21

Conviction Level

PriceAction3.4BusinessPerformance—BusinessQuality—Valuation0.3ThemeMomentum3.0Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
CybersecurityWeakening
vs SPY
−3.1pp
Theme return
−8.1%
Beating SPY
8 of 20
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$277.7M
Avg Volume (60D)
339.3K
60 sessions
Revenue Growth YoY
+350.6%
Trailing twelve months
Gross Margin
+49.7%
Free Cash Flow Yield
-7.1%
Distance from 200DMA
-10.8%
Next Earnings
2026-12-09
EV / Sales
230.5x
Market metrics as of Nov 8, 2026

Business Performance

Business Quality

Not assessed

Not assessed — the company files under a regime the financial record does not cover yet.

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Arqit Quantum Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces.

What changed

  • ARQQ rose 30.0% in one session
    ARQQ closed +30.0% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Arqit is a specialized quantum-safe security vendor selling encryption-intelligence and network-encryption software/services, including its NetworkSecure and SKA-Platform offerings, for protected communications and cryptographic-transition use cases.
Opportunity
Moderate opportunity
Enterprise, telecom, cloud, and government migration spending to inventory vulnerable cryptography, deploy post-quantum protections, and make network encryption adaptable as standards and threats evolve.
Key risk
Technology adoption risk due to emerging quantum encryption market.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Software - Infrastructure
What they do

Arqit Quantum Inc. provides cybersecurity solutions by delivering quantum-safe encryption software and services via satellite and terrestrial platforms, primarily operating in the United Kingdom.

How it earns

The company generates revenue through subscription-based Platform as a Service offerings, maintenance, support, and professional services.

Products & services
QuantumCloud Platform as a Service
NetworkSecure encryption software
SKA-Platform for cryptographic transition
Customers & end markets
Enterprise customers
Telecom operators
Cloud service providers
Government agencies
Market position

Niche specialist in quantum-safe encryption and network security software.

Demand drivers
Low cyclicality

Cybersecurity demand is generally stable and driven by ongoing security needs rather than economic cycles.