ARQQ
Arqit Quantum Inc.

Arqit Quantum Inc.ARQQ

Technology · Software - Infrastructure
23.12USD
+2.57%
Sep 25, 2026
ARQQ overview ready
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.
Strong narrative exposure
Exposed to the Enterprise Cybersecurity Modernization narrative through Cryptographic Agility and Quantum-Safe Network Encryption — pure play.
An early price trend
Longer-term context reads early recovery, with a near-term setup of daily advance.
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
High operating losses and cash burn.
Market Sep 24Price action Sep 24Research Sep 21

Conviction Level

NarrativeHeat8.0ThemeHeat7.6PriceAction7.7Valuation0.3CompanyPosition7.3
Price
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Price Action

An early price trend
Longer-term context reads early recovery, with a near-term setup of daily advance.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$350.3M
Avg Volume (60D)
330.4K
60 sessions
Revenue Growth YoY
+350.6%
Trailing twelve months
Gross Margin
+49.7%
Free Cash Flow Yield
-5.6%
Distance from 200DMA
+21.0%
EV / Sales
297.0x
Market metrics as of Sep 24, 2026

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.

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
High operating losses and cash burn.

Narrative & Theme

Enterprise Cybersecurity Modernization
Part of Cryptographic Agility and Quantum-Safe Network Encryption, with strong fit.
ARQQ is a genuine, direct participant in post-quantum-security deployment rather than a generic cybersecurity adjacency.
Narrative HeatHeating up8.0 / 10
Theme HeatHeating up7.6 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Infrastructure
What they do

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

How it earns

The company generates revenue through platform-as-a-service subscriptions, maintenance and support contracts, and professional services.

Products & services
QuantumCloud platform
Maintenance and support services
Professional services
Customers & end markets
Telecommunications providers
Enterprises requiring quantum-safe encryption
Market position

Niche player focused on quantum-safe encryption solutions within the cybersecurity infrastructure market.

Demand drivers
Low cyclicality

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

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