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WKEYWISeKey International Holding AG
$6.80$42M
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WKEY logoWISeKey International Holding AG(WKEY)Earnings, Financials & Key Ratios

WKEY•NASDAQ
$6.80
Price updated Jul 7, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustryAnalog, Mixed-Signal and RF Chips
AboutWISeKey International Holding AG, a cybersecurity company, provides integrated security solutions for the internet of things (IoT) and digital identity ecosystems in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates through three segments: IoT, Artificial Intelligence (AI), and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services. The company also develops, markets, hosts, and supports a range of solutions that enable secure digital identification of people, content, and objects by generating digital identities through its products and services in cybersecurity services, IoT, digital brand management, and mobile security, which enable clients to monetize their existing user bases, as well as expand its eco-system. In addition, the company operates ISTANA platform to manage components in an intelligent car by providing digital identities based on PKI technology.; and engages in financing, sales, and distribution activities. Further, it provides AI solutions through knowledge automation. The company was founded in 1999 and is headquartered in Zug, Switzerland.Show more
  • Revenue$19M+62.4%
  • EBITDA-$47M-77.4%
  • Net Income-$6M+54.8%
  • EPS (Diluted)-0.54-184.2%
  • Gross Margin47.89%+32.5%
  • EBITDA Margin-245.94%-9.2%
  • Operating Margin-247.26%-7.1%
  • Net Margin-31.48%+72.2%
  • ROE-2.21%+91.1%

WKEY Price & Volume

WISeKey International Holding AG (WKEY) stock price & volume — 10-year historical chart

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Persistent Operating Deficits Offset Massive Liquidity Buffer

Investment Thesis • Updated 2025Q4

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Healthy
Cash Flow:Burning
Primary Risk:Persistent Operating Cash Burn

Key Thesis Takeaways

  • WISeKey exhibits a bifurcated financial profile characterized by a robust $429.2 million cash position that masks a structural inability to achieve operational profitability.
  • While the company pursues aggressive expansion in semiconductor and IoT security, the reliance on lumpy revenue cycles and high R&D spending—evidenced by a -146.6% operating margin in 2025Q4—suggests significant execution risk.
  • Investors should remain cautious as the company's long-term viability depends on its ability to convert massive capital reserves into sustainable, recurring cash flows rather than relying on equity-funded growth.

Verdict Logic

the company's inability to generate positive free cash flow, coupled with a -146.6% operating margin, suggests that the $429.2 million cash balance is being rapidly depleted to fund ongoing operational deficits.

WKEY Growth Metrics

WISeKey International Holding AG (WKEY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years23.77%
5 Years5.47%
3 Years-5.97%
TTM-42.96%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-2.24%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM68.18%

Return on Capital

10 Years-296.08%
5 Years-35.86%
3 Years-42.71%
Last Year-16.66%

Latest WKEY News

Recent stock market news and headlines for WISeKey International Holding AG (WKEY)

GlobeNewsWire·Jun 30, 2026
WISeKey Shareholders Approved All Agenda Items of the 2026 Annual General Meeting

WISeKey Shareholders Approved All Agenda Items of the 2026 Annual General Meeting Geneva, Switzerland, June 30, 2026 – WISeKey International Holding Ltd ("WISeKey") (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its shareholders approved all items on the agenda of WISeKey's 2026 Annual General Meeting held on June 29, 2026. Shareholders of WISeKey approved all proposals submitted by the Board of Directors, including: the Annual Report 2025 and the discharge of the Board of Directors and Executive Management; the appropriation of the accumulated loss for fiscal year 2025; the re-election of seven current directors and the election of Andrew Forson as a new director; the re-election of Carlos Moreira as Chairman; the re-election of the members of the Nomination and Compensation Committee, the Company's statutory auditor BDO SA, and Anwaltskanzlei Keller AG as independent proxy; and all compensation-related proposals submitted to shareholders.

GlobeNewsWire·Jun 29, 2026
WISeKey International Holding Ltd Signs Merger Agreement to Redomicile to the British Virgin Islands

WISeKey International Holding Ltd Signs Merger Agreement to Redomicile to the British Virgin Islands Zug, Switzerland, June 29, 2026 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding AG (“WISeKey”) (SIX: WIHN; Nasdaq: WKEY) today announced that it has signed a merger agreement with WISeKey International Corp., a British Virgin Islands company and wholly owned subsidiary of WISeKey (“WISeKey BVI”), to effect WISeKey's proposed redomiciliation from Switzerland to the British Virgin Islands.

GlobeNewsWire·Jun 26, 2026
WISeKey's WISeID Positioned to Benefit from Accelerating Global Transition to Post-Quantum Digital Identity and Authentication Standards

WISeKey's WISeID Positioned to Benefit from Accelerating Global Transition to Post-Quantum Digital Identity and Authentication Standards

Globe News Wire·Jun 25, 2026
SEALSQ and WISeKey Establish Quantisimo Corp. as a Special Purpose Vehicle, and Execute Letter of Intent with GigCapital8 Corp.

Geneva, Switzerland, June 25, 2026 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE Proposed Transaction Intended to Create a Consolidated $2 Billion Trusted Quantum Pure-Play Platform Following Additional Acquisitions SEALSQ Corp. (Nasdaq: LAES), a leading developer of semiconductors, PKI, and post-quantum technologies and its parent company, WISeKey International Holding Ltd.

Globe News Wire·Jun 25, 2026
WISeKey and SEALSQ Establish Quantisimo Corp. as a Special Purpose Vehicle, and Execute Letter of Intent with GigCapital8 Corp.

FOR IMMEDIATE RELEASE WISeKey and SEALSQ Establish Quantisimo Corp. as a Special Purpose Vehicle, and Execute Letter of Intent with GigCapital8 Corp. Proposed Strategic Business Public Company at $575 Million Initial Enterprise Value with Significant Long Term Growth Potential Through Strategic Acquisitions Proposed Transaction Intended to Create a Consolidated $2 Billion Trusted Quantum Pure-Play Platform Following Additional Acquisitions Geneva, Switzerland and Palo Alto, CA, USA - June 25, 2026 - WISeKey International Holding Ltd.

Peers Comparison

Key metrics vs top competitors for WISeKey International Holding AG (WKEY)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
WKEY logoWKEYWISeKey International Holding AGCurrent
$6.81$42.38M-12.6062.43%-31.48%-2.21%—
CEVA logoCEVACEVA, Inc.
$42.76$1.19B-97.182.49%-10.47%-3.89%—
SIFY logoSIFYSify Technologies Limited
$14.59$1.06B-70.4918.39%-3.62%-7.48%—
XTLB logoXTLBXTL Biopharmaceuticals Ltd.
$2.98$327.88K-0.31—-227.72%-25.53%—
IDAI logoIDAIT Stamp Inc.
$2.14$5M-0.801.85%-250.66%-134.07%—
DGII logoDGIIDigi International Inc.
$70.16$2.65B64.961.46%9.1%6.72%—

Compare WKEY vs Peers

WISeKey International Holding AG (WKEY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CEVA

Most directly comparable listed peer for WKEY.

Scale Benchmark

vs AMAT

Larger-name benchmark to compare WKEY against a more recognizable public peer.

Peer Set

Compare Top 5

vs CEVA, SIFY, XTLB, IDAI

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WKEY Frequently Asked Questions

WISeKey International Holding AG (WKEY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is WISeKey International Holding AG's revenue?

WISeKey International Holding AG (WKEY) reported $31.1M in revenue for fiscal year 2025. This represents a 1261% increase from $2.3M in 2015.

How fast is WISeKey International Holding AG growing?

WISeKey International Holding AG (WKEY) grew revenue by 62.4% over the past year. This is strong growth.

Is WKEY profitable?

WISeKey International Holding AG (WKEY) reported a net loss of $28.8M for fiscal year 2025.

Dividend & Returns
What is WKEY's return on equity?

WISeKey International Holding AG (WKEY) has a return on equity (ROE) of -2.2%. Negative ROE indicates the company is unprofitable.

What is WISeKey International Holding AG's free cash flow?

WISeKey International Holding AG (WKEY) had negative free cash flow of $51.4M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in WKEY back in 2015?

Total return calculator · dividends reinvested · 11+ years of data

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