What is Arqit Quantum's operating income?

Arqit Quantum's total operating income in 2024 was -$24.15 million, based on the following breakdown: Total Gross Profit: $1.22 million Total Operating Expenses: $25.38 million

Arqit Quantum (ARQQW) Financials

$0.04 0.00 (0.00%)

As of 07/17/2026 03:57 PM Eastern

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Annual Income Statements for Arqit Quantum

This table shows Arqit Quantum's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Income / (Loss) Attributable to Common Shareholders	-0.52	-271	68	-72	-55
Consolidated Net Income / (Loss)	-0.57	-272	65	-70	-55
Net Income / (Loss) Continuing Operations	-0.57	-272	53	-44	-24
Total Pre-Tax Income	-1.14	-272	53	-44	-24
Total Operating Income	-0.81	-173	-64	-55	-24
Total Gross Profit	2.03	0.05	7.21	0.69	1.22
Total Revenue	2.03	0.05	7.21	0.69	1.22
Operating Revenue	0.07	0.05	7.21	0.64	1.22
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	2.77	173	71	55	25
Selling, General & Admin Expense	2.77	15	71	55	23
Impairment Charge	-	-	-	-	2.20
Total Other Income / (Expense), net	-0.39	-99	117	10	0.18
Other Income / (Expense), net	0.00	-98	117	11	0.18
Income Tax Expense	-0.57	0.00	0.00	-0.14	0.00
Other Adjustments to Consolidated Net Income / (Loss)	-	-	-	-	-31
Weighted Average Basic Shares Outstanding	-	124.97M	134.97M	163.55M	11.55M
Weighted Average Diluted Shares Outstanding	-	124.97M	134.97M	163.55M	11.55M
Weighted Average Basic & Diluted Shares Outstanding	-	124.97M	134.97M	163.55M	11.55M

No quarterly income statements for Arqit Quantum are available.

This table details how cash moves in and out of Arqit Quantum's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Change in Cash & Equivalents	-4.87	-34	-29	1.37	-25
Net Cash From Operating Activities	-1.34	-24	-27	1.37	-34
Net Cash From Continuing Operating Activities	-1.34	-24	-27	1.37	-34
Net Income / (Loss) Continuing Operations	-2.14	-24	-41	0.00	-25
Consolidated Net Income / (Loss)	-2.14	-24	-41	-	-25
Non-Cash Adjustments To Reconcile Net Income	-0.03	0.27	15	1.37	-9.28
Net Cash From Investing Activities	-4.57	-9.31	-24	0.00	-2.40
Net Cash From Continuing Investing Activities	-4.57	-9.31	-24	0.00	-3.33
Purchase of Property, Plant & Equipment	-4.57	-9.31	-24	-	-3.33
Net Cash From Financing Activities	1.68	120	22	0.00	11
Net Cash From Continuing Financing Activities	1.03	-1.08	22	0.00	-1.72
Repayment of Debt	0.00	-6.12	-0.66	-	-3.05
Issuance of Debt	1.03	5.04	1.72	-	1.33
Other Financing Activities, net	-	-	21	-	0.00

No quarterly cash flow statements for Arqit Quantum are available.

This table presents Arqit Quantum's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Total Assets	9.18	9.31	114	124	100	27
Total Current Assets	5.12	0.48	90	57	86	24
Cash & Equivalents	4.23	0.20	87	49	44	19
Accounts Receivable	0.90	0.28	3.29	7.68	3.22	5.00
Inventories, net	-	-	-	0.00	39	0.00
Plant, Property, & Equipment, net	0.01	0.03	0.20	2.21	1.96	0.27
Plant, Property & Equipment, gross	0.01	0.03	0.20	2.21	1.96	0.27
Total Noncurrent Assets	4.05	8.81	23	65	11	2.75
Long-Term Investments	0.00	0.03	0.03	0.03	0.03	0.00
Intangible Assets	4.05	8.78	18	40	3.41	1.94
Other Noncurrent Operating Assets	-	0.00	5.00	25	8.03	0.81
Total Liabilities & Shareholders' Equity	9.18	9.31	114	124	94	27
Total Liabilities	7.85	8.38	148	45	33	15
Total Current Liabilities	3.80	7.85	17	24	27	12
Accounts Payable	3.80	2.39	17	23	19	12
Other Current Liabilities	-	0.00	0.00	1.15	2.12	0.29
Total Noncurrent Liabilities	4.05	0.53	130	22	6.31	2.70
Capital Lease Obligations	-	0.00	0.00	6.68	6.28	0.70
Other Noncurrent Operating Liabilities	0.21	0.53	130	15	0.03	2.00
Total Equity & Noncontrolling Interests	1.32	0.93	-34	79	67	12
Total Preferred & Common Equity	1.32	0.93	-34	79	67	12
Preferred Stock	0.00	0.00	71	92	137	150
Total Common Equity	1.32	0.93	-105	-14	-70	-138
Common Stock	0.00	0.00	0.01	0.01	0.02	0.03
Retained Earnings	0.08	-0.49	-272	-207	-278	-332
Other Equity Adjustments	1.24	1.42	167	193	207	194

No quarterly balance sheets for Arqit Quantum are available.

This table displays calculated financial ratios and metrics derived from Arqit Quantum's official financial filings.

Metric	2020	2021	2022	2023	2024
Period end date	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	-97.63%	14,925.00%	-90.39%	76.48%
EBITDA Growth	0.00%	-33,355.01%	119.81%	-181.80%	45.35%
EBIT Growth	0.00%	-33,355.01%	119.81%	-181.80%	45.35%
NOPAT Growth	0.00%	-21,230.16%	47.21%	40.16%	55.69%
Net Income Growth	0.00%	-47,739.61%	123.95%	-208.17%	22.46%
EPS Growth	0.00%	0.00%	123.95%	-208.17%	0.00%
Operating Cash Flow Growth	0.00%	-1,700.37%	-11.17%	105.13%	-2,587.32%
Free Cash Flow Firm Growth	0.00%	0.00%	-3,655.01%	83.59%	165.12%
Invested Capital Growth	0.00%	-2,060.43%	129.99%	-5.30%	-118.02%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	-39.87%	-563,856.25%	743.61%	-6,330.45%	-1,960.51%
Operating Margin	-39.87%	-359,502.08%	-884.15%	-7,865.51%	-1,974.82%
EBIT Margin	-39.87%	-563,856.25%	743.61%	-6,330.45%	-1,960.51%
Profit (Net Income) Margin	-27.99%	-566,102.08%	902.32%	-10,157.72%	-4,462.88%
Tax Burden Percent	49.96%	100.00%	121.85%	159.57%	227.64%
Interest Burden Percent	140.54%	100.40%	99.59%	100.55%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-9.19%	0.00%	0.00%	-108.15%	-120.17%
ROIC Less NNEP Spread (ROIC-NNEP)	-9.22%	0.00%	0.00%	-21.77%	29.53%
Return on Net Nonoperating Assets (RNNOA)	-51.82%	0.00%	0.00%	11.19%	-18.94%
Return on Equity (ROE)	-61.01%	1,651.35%	291.07%	-96.95%	-139.11%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-609.37%	-102.70%	0.00%
Operating Return on Assets (OROA)	-8.75%	-439.95%	45.14%	-39.23%	-37.91%
Return on Assets (ROA)	-6.14%	-441.70%	54.78%	-62.95%	-86.29%
Return on Common Equity (ROCE)	-61.01%	5,213.92%	-771.99%	56.17%	369.86%
Return on Equity Simple (ROE_SIMPLE)	-61.01%	802.95%	82.84%	-105.61%	-461.85%
Net Operating Profit after Tax (NOPAT)	-0.57	-121	-64	-38	-17
NOPAT Margin	-27.91%	-251,651.46%	-884.15%	-5,505.86%	-1,382.37%
Net Nonoperating Expense Percent (NNEP)	0.03%	-369.19%	199.27%	-86.38%	-149.70%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	136.67%	30,331.25%	984.15%	7,965.51%	1,895.09%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	136.67%	359,601.15%	984.15%	7,965.51%	2,074.82%
Earnings before Interest and Taxes (EBIT)	-0.81	-271	54	-44	-24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-0.81	-271	54	-44	-24
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	97.55	115.88	30.49
Price to Earnings (P/E)	0.00	0.00	10.32	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	9.69%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	20.79	5.22	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	104.49	258.48	138.49
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	14.05	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	14.05	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	130.56	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	7.18
Leverage & Solvency	-	-	-	-	-
Debt to Equity	5.86	0.00	0.09	0.09	0.06
Long-Term Debt to Equity	0.00	0.00	0.09	0.09	0.06
Financial Leverage	5.62	2.48	-2.89	-0.51	-0.64
Leverage Ratio	8.20	-3.74	5.31	1.54	1.61
Compound Leverage Factor	11.53	-3.75	5.29	1.55	1.61
Debt to Total Capital	85.43%	0.00%	7.84%	8.62%	5.62%
Short-Term Debt to Total Capital	85.43%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	7.84%	8.62%	5.62%
Preferred Equity to Total Capital	0.00%	-209.80%	108.29%	187.86%	1,198.56%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	14.57%	309.80%	-16.13%	-96.48%	-1,104.18%
Debt to EBITDA	-6.75	0.00	0.12	-0.14	-0.03
Net Debt to EBITDA	-6.47	0.00	-0.79	0.87	0.75
Long-Term Debt to EBITDA	0.00	0.00	0.12	-0.14	-0.03
Debt to NOPAT	-9.64	0.00	-0.10	-0.16	-0.04
Net Debt to NOPAT	-9.24	0.00	0.66	1.00	1.06
Long-Term Debt to NOPAT	0.00	0.00	-0.10	-0.16	-0.04
Altman Z-Score	0.00	0.00	8.78	-3.17	-18.30
Noncontrolling Interest Sharing Ratio	0.00%	-215.74%	365.22%	157.93%	365.87%
Liquidity Ratios	-	-	-	-	-
Current Ratio	0.06	5.29	2.38	3.22	1.94
Quick Ratio	0.06	5.29	2.38	1.78	1.94
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	6.21	-221	-36	24
Operating Cash Flow to CapEx	-29.21%	-258.30%	-109.36%	0.00%	-1,025.42%
Free Cash Flow to Firm to Interest Expense	0.00	5.76	-999.31	-127.59	0.00
Operating Cash Flow to Interest Expense	-3.40	-22.30	-120.90	4.83	0.00
Operating Cash Flow Less CapEx to Interest Expense	-15.03	-30.93	-231.45	4.83	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.22	0.00	0.06	0.01	0.02
Accounts Receivable Turnover	3.45	0.03	1.32	0.13	0.30
Inventory Turnover	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	126.48	0.42	6.00	0.33	1.10
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	105.90	13,581.04	277.57	2,868.91	1,225.72
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	105.90	13,581.04	277.57	2,868.91	1,225.72
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	6.16	-121	36	34	-6.18
Invested Capital Turnover	0.33	0.00	-0.17	0.02	0.09
Increase / (Decrease) in Invested Capital	0.00	-127	157	-1.92	-41
Enterprise Value (EV)	0.00	0.00	754	179	169
Market Capitalization	0.00	0.00	704	80	37
Book Value per Share	$0.00	($0.84)	($0.11)	($0.52)	($0.85)
Tangible Book Value per Share	$0.00	($0.98)	($0.43)	($0.55)	($0.86)
Total Capital	6.39	-34	85	73	13
Total Debt	5.46	0.00	6.68	6.28	0.70
Total Long-Term Debt	0.00	0.00	6.68	6.28	0.70
Net Debt	5.23	-87	-42	-38	-18
Capital Expenditures (CapEx)	4.57	9.31	24	0.00	3.33
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2.11	-14	-16	15	-7.20
Debt-free Net Working Capital (DFNWC)	-1.91	73	33	60	12
Net Working Capital (NWC)	-7.37	73	33	60	12
Net Nonoperating Expense (NNE)	0.00	151	-129	32	38
Net Nonoperating Obligations (NNO)	5.23	-87	-42	-32	-18
Total Depreciation and Amortization (D&A)	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital to Revenue	-103.80%	-28,702.08%	-223.68%	2,175.47%	-588.72%
Debt-free Net Working Capital to Revenue	-94.18%	152,477.08%	455.27%	8,590.33%	940.72%
Net Working Capital to Revenue	-363.28%	152,477.08%	455.27%	8,590.33%	940.72%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$13.43	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	124.97M	5.40M	6.54M	11.55M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$13.34	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	124.97M	5.40M	6.54M	11.55M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	124.97M	5.40M	6.54M	11.55M
Normalized Net Operating Profit after Tax (NOPAT)	-0.57	-121	-45	-38	-15
Normalized NOPAT Margin	-27.91%	-251,651.46%	-618.91%	-5,505.86%	-1,256.57%
Pre Tax Income Margin	-56.04%	-566,102.08%	740.54%	-6,365.51%	-1,960.51%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	-2.06	-251.07	242.67	-154.47	0.00
NOPAT to Interest Expense	-1.44	-112.05	-288.53	-134.35	0.00
EBIT Less CapEx to Interest Expense	-13.69	-259.70	132.11	-154.47	0.00
NOPAT Less CapEx to Interest Expense	-13.07	-120.68	-399.08	-134.35	0.00
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Arqit Quantum are available.

Financials Breakdown Chart

Arqit Quantum Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Arqit Quantum's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

Arqit Quantum's net income appears to be on a downward trend, with a most recent value of -$54.58 million in 2024, rising from -$568 thousand in 2020. The previous period was -$70.39 million in 2023.

Arqit Quantum's total operating income in 2024 was -$24.15 million, based on the following breakdown:

Total Gross Profit: $1.22 million
Total Operating Expenses: $25.38 million

Over the last 4 years, Arqit Quantum's total revenue changed from $2.03 million in 2020 to $1.22 million in 2024, a change of -39.7%.

Arqit Quantum's total liabilities were at $14.90 million at the end of 2024, a 55.0% decrease from 2023, and a 89.7% increase since 2019.

In the past 5 years, Arqit Quantum's cash and equivalents has ranged from $195 thousand in 2020 to $86.97 million in 2021, and is currently $18.71 million as of their latest financial filing in 2024.

Over the last 4 years, Arqit Quantum's book value per share changed from 0.00 in 2020 to -0.85 in 2024, a change of -84.5%.

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Financial statements for NASDAQ:ARQQW last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Arqit Quantum (ARQQW) Financials

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Arqit Quantum (ARQQW) Financials

Annual Income Statements for Arqit Quantum

Quarterly Income Statements for Arqit Quantum

Annual Cash Flow Statements for Arqit Quantum

Quarterly Cash Flow Statements for Arqit Quantum

Annual Balance Sheets for Arqit Quantum

Quarterly Balance Sheets for Arqit Quantum

Annual Metrics And Ratios for Arqit Quantum

Quarterly Metrics And Ratios for Arqit Quantum

Financials Breakdown Chart

Arqit Quantum Financials - Frequently Asked Questions

When does Arqit Quantum's financial year end?

How has Arqit Quantum's net income changed over the last 4 years?

What is Arqit Quantum's operating income?

How has Arqit Quantum's revenue changed over the last 4 years?

How much debt does Arqit Quantum have?

How much cash does Arqit Quantum have?

How has Arqit Quantum's book value per share changed over the last 4 years?

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