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Jul 22Jul 23Jul 24Jul 27Jul 28Jul 29$16$17$18$19$18.45$19.22$15.51

About Arqit Quantum

Arqit Quantum (ARQQ) has a market cap of $305.92M as of August 2026 — #11 of the 12 pure-play quantum computing stocks by market value.

Arqit provides quantum-safe encryption-as-a-service via its SKA-Platform, delivering symmetric key agreements resistant to both current and future quantum computer attacks, protecting governments and enterprises.

Sector

Technology

Industry

Software - Infrastructure

Employees

87

Founded

2017

Headquarters

London, UK

Shares Outstanding

16.6M

Quantum Division

https://arqitgroup.com/products/ska-platform

Visit ↗

Quantum Technology

Cloud Access

SKA-Platform (SaaS)SKA-PI (Private Instance)

Roadmap Target

Global enterprise and telco rollout via SKA-CC for MSPs and sovereign private deployments

Arqit is a software-only company — SKA-Platform delivers quantum-safe symmetric key agreement (SKA) encryption using fully classical hardware. No quantum computing hardware. NIST ML-KEM compliant. Supports network layers 1–7 (optical, Ethernet, IPsec VPN, API). Latest product: SKA Central Controller (SKA-CC, Nov 2025) for managed service providers and telcos. 2026 integrations: 6WIND virtual router quantum-safe VPN, Intel TEE confidential computing, RAD carrier-edge platform. Fully satellite-free since Dec 2022.

8mo Cash RunwayAt current burn rate, cash reserves are exhausted in ~8 months. Equity raise or debt financing likely required.
Dilution Risk26 shelf or ATM filings on record (S-3/424B/SUPPL). These filings can provide a channel for new share sales.
63.2% Daily Short Vol63.2% of today's reported volume was short selling (FINRA daily data). Normal range is 40–55%; above 60% signals unusually heavy short-side activity.

Cash Position & Runway

Total Cash

$28.86M

TTM Cash Burn

$42.74M

per year (TTM)

Cash Runway

8 mo

Total Debt

$0.00

Dilution Risk: With 8 months of runway, Arqit Quantum will likely need to raise additional capital through equity offerings (diluting existing shareholders) or debt financing within the next year.

Quarterly Operating Cash Flow

Quarterly cash-flow figures will appear here once Arqit Quantum files interim financial reports with the SEC. Recently listed companies have no quarterly history yet.

Financial Metrics (Annual)

Total Revenue

$530.00K

Revenue Growth (YoY)

+80.9%

Gross Margins

Operating Margins

-7271.51%

Net Margins

-6668.49%

Total Debt

$0.00

P/E Ratio (TTM)

EPS (TTM)

$-10.7869

Price / Book

25.89

Earnings Per Share (TTM)

EPS (TTM)

$-10.7869

Unprofitable

P/E Ratio

Price / Book

25.89

Price-to-Book

Returns vs S&P 500

1Y

ARQQ-56.1%
S&P 500+15.6%
vs Index-71.7%

3Y

ARQQ-47.0%
S&P 500+63.3%
vs Index-110.3%

5Y

ARQQ-93.8%
S&P 500+65.1%
vs Index-158.9%

Source: price_history vs SPY · Periods where price history is unavailable are hidden

Shares Outstanding History

202020212022202320240M45M90M135M180M

Source: SEC EDGAR XBRL · 10-K and 10-Q filings · Rising trend = dilution

SPAC Warrant Overhang

Arqit Quantum went public via SPAC merger with Centricus Acquisition Corp (2021-09). SPAC warrants allow holders to buy shares at the strike price — exercising them creates new shares and dilutes existing holders.

Strike Price

$11.50

Outstanding

6.1M

via AI summary

Dilution Ceiling

$69.71M

Dilution ceiling = outstanding warrants × strike price. Outstanding count changes as warrants are exercised or expire — sourced from latest SEC 10-K/20-F.

Daily Short Volume (FINRA)

Latest Short Vol %

63.2%

2026-07-29

Short Volume

102,845

DateShort VolTotal VolShort %
2026-07-29102,845162,79363.2%
2026-07-2789,236134,45166.4%
2026-07-2460,108110,62854.3%
2026-07-22106,842161,04766.3%
2026-07-1797,343146,98466.2%
2026-07-16107,377192,16155.9%
2026-07-1577,331155,55649.7%
2026-07-13106,332201,41952.8%
2026-07-10111,961219,39451%
2026-07-09155,379228,05468.1%

Source: FINRA CNMS · Not the same as total short interest (outstanding positions) · Updated daily

Recent Research Papers (arXiv)

arXiv ↗

Source: arXiv.org API · Papers mentioning company name · Updated every 48 hours

StockTwits Sentiment

87.5%
▲ 7 Bullish▼ 1 Bearish8 scored

Source: StockTwits · last 30 messages · updated every 4h

News Mention Volume (30 days)

Building history… check back after the next poll.

Articles indexed every 4h · Sentiment scored via Loughran-McDonald financial word lists (bullish/bearish keyword frequency). Not ML-based — scores reflect word presence only and may not capture context or sarcasm.

SEC Filings & Earnings Reports

View annual, quarterly, and material-event filings on SEC EDGAR

SEC EDGAR ↗
Financial Story

No annual summaries available yet.

Summaries are generated automatically. Check back after the next scheduled update.

10-K · 10-Q · 20-F · 40-F · 6-K filings

All Filings ↗
Date FiledFormPeriod Covered
2026-06-176-K2026-06-17EDGAR ↗
2026-05-216-K2026-03-31EDGAR ↗
2026-05-016-K2026-05-01EDGAR ↗
2026-04-136-K2026-04-13EDGAR ↗
2026-03-046-K2026-03-04EDGAR ↗
2026-01-126-K2026-01-12EDGAR ↗
2025-12-096-K2025-12-09EDGAR ↗
2025-12-0920-F2025-09-30EDGAR ↗
2025-10-216-K2025-10-21EDGAR ↗
2025-10-096-K2025-10-09EDGAR ↗
2025-09-156-K2025-09-15EDGAR ↗
2025-09-116-K2025-09-11EDGAR ↗
2025-08-286-K2025-08-28EDGAR ↗
2025-05-226-K2025-03-31EDGAR ↗
2025-04-046-K2025-04-04EDGAR ↗
2024-12-196-K2024-12-19EDGAR ↗
2024-12-096-K2024-12-09EDGAR ↗
2024-12-0520-F2024-09-30EDGAR ↗
2024-12-056-K2024-12-05EDGAR ↗
2024-12-036-K2024-12-03EDGAR ↗
2024-10-116-K2024-10-11EDGAR ↗
2024-10-016-K2024-10-01EDGAR ↗
2024-09-276-K2024-09-27EDGAR ↗
2024-09-196-K2024-09-19EDGAR ↗
2024-08-276-K2024-08-27EDGAR ↗
2024-05-206-K2024-03-31EDGAR ↗
2024-04-156-K2024-04-15EDGAR ↗
2023-11-2120-F2023-09-30EDGAR ↗
2023-11-216-K2023-11-21EDGAR ↗
2023-10-236-K2023-10-23EDGAR ↗
2023-09-116-K2023-09-11EDGAR ↗
2023-09-076-K2023-09-07EDGAR ↗
2023-09-076-K2023-09-07EDGAR ↗
2023-08-086-K2023-08-08EDGAR ↗
2023-06-026-K2023-06-02EDGAR ↗
2023-05-176-K2023-05-17EDGAR ↗
2023-02-216-K2023-02-21EDGAR ↗
2022-12-146-K2022-12-14EDGAR ↗
2022-12-1420-F2022-09-30EDGAR ↗
2022-09-086-K2022-09-08EDGAR ↗

Source: SEC EDGAR · Annual: 10-K / 20-F / 40-F · Quarterly: 10-Q / 6-K · AI summaries generated automatically

Market Events

Earnings releases, contracts, leadership changes, offerings

All 8-Ks ↗

No 8-K filings indexed yet.

Source: SEC EDGAR · Material events, earnings releases, contract announcements · Updated weekly

S-3 shelf registrations, 424B prospectuses, and document-verified foreign-issuer supplements represent potential dilution events. Arqit Quantum has 26 such filings on record.

All Shelf Filings ↗
2026-05-21424B3ARQIT resale shelf update: 4.72M ordinary shares & 6.27M warrants offered by selling securityholders
SecondaryWarrant RegistrationShelfSmall (<$10M)
2026-01-26424B5ARQQ launches $125M ATM offering via Cantor Fitzgerald & H.C. Wainwright at ~$24.20/share
ATMShelfLarge ($50M+)Dilutive
2025-12-09424B3ARQIT updates resale shelf for 4.72M shares & 6.27M warrants held by selling securityholders.
SecondaryShelfAmendmentWarrant Registration
2025-12-09424B3ARQQ updates resale shelf: insiders/selling shareholders may offload up to 11.5M shares + 5.44M warrant shares.
SecondaryShelfWarrant RegistrationDilutiveAmendment
2025-09-19424B3ARQQ registers 11.5M resale shares + 5.44M warrant shares; no direct proceeds to company from share sales.
SecondaryWarrant RegistrationShelfDilutiveSmall (<$10M)
2025-09-15424B5ARQQ issues 48,561 shares to Deutsche Bank as payment for advisory services — no cash raised.
ShelfSecondarySmall (<$10M)Dilutive
2025-05-22424B3ARQIT updates resale prospectus for selling shareholders — no new capital raised by company.
SecondaryShelfAmendmentWarrant Registration
2025-01-29424B5ARQQ launches $75M ATM offering via H.C. Wainwright at market prices, shares sold at $25.52 reference price.
ATMShelfLarge ($50M+)Dilutive
2024-12-03424B3ARQQ updates resale shelf post 25-to-1 reverse split: 4.7M shares & 6.3M warrants registered for selling shareholders.
Warrant RegistrationSecondaryShelfAmendment
2024-10-01424B5ARQQ sells 5.44M shares at $2.50 — a 50% discount to market — to existing insiders in a $13.6M PIPE with warrants.
PIPEShelfMid ($10-50M)DilutiveWarrant Registration
2024-10-01424B3ARQQ cuts ATM facility to $16M with H.C. Wainwright; ~360K shares already sold post-reverse split.
ATMShelfAmendmentSmall (<$10M)Dilutive
2024-05-20424B3ARQIT updates resale shelf: 117.9M shares + 6.3M warrants registered for selling shareholders, no new capital raised.
SecondaryShelfAmendmentWarrant RegistrationDilutive
2024-04-15424B5ARQQ sells 1.24M shares at $0.725 directly to CEO/CTO-linked entity for ~$900K
PIPESmall (<$10M)ShelfDilutive
2024-04-15424B3ARQQ trims ATM shelf to $29M after selling 7.8M shares via H.C. Wainwright facility.
ATMShelfAmendmentMid ($10-50M)Dilutive
2023-09-11424B5ARQQ raises ~$15.3M net via PIPE: 20.8M shares + warrants at $0.78, 22% dilution to existing holders.
PIPEDilutiveSmall (<$10M)Warrant RegistrationShelf
2023-09-08424B3Arqit Quantum cuts ATM facility from $50M to $30M; ~7.8M shares already sold via H.C. Wainwright.
ATMAmendmentMid ($10-50M)Dilutive
2023-05-17424B3ARQQ updates resale shelf: 117.9M shares + 6.3M warrants available for selling shareholders to offload.
SecondaryShelfAmendmentWarrant RegistrationDilutive
2023-02-21424B5ARQQ raises $20M via PIPE: 10M shares + warrants at $2.00, a 36% premium to last close
PIPEMid ($10-50M)DilutiveShelfWarrant Registration
2022-12-30424B5ARQQ launches $50M ATM offering via H.C. Wainwright at ~$3.60/share market price.
ATMShelfLarge ($50M+)Dilutive
2022-11-22424B3ARQQ resale shelf: 117.9M insider shares hit market — company gets nothing, massive overhang risk
ResaleShelfWarrant RegistrationLarge ($50M+)Dilutive
2022-05-12424B3ARQIT resale shelf supplement: 117.9M shares eligible for sale by insiders; lock-ups extended to Sept 2022.
SecondaryShelfWarrant RegistrationDilutiveLarge ($50M+)
2021-12-23424B3ARQQ resale shelf: 117.9M insider shares hit the market — zero proceeds to company
SecondaryShelfMerger SharesDilutiveLarge ($50M+)
2021-10-12424B3ARQQ resale shelf registers 117.9M insider shares post-SPAC merger — company gets no proceeds.
SecondaryShelfMerger SharesDilutiveLarge ($50M+)
2021-08-30424B3ARQQ SPAC merger supplement: Heritage buys 2.2M shares to shore up $100M minimum cash condition
Merger SharesShelfWarrant RegistrationLarge ($50M+)Dilutive
2021-08-23424B3Arqit Quantum SPAC merger supplement: £4M founder loan disclosed ahead of Centricus shareholder vote
Merger SharesShelfWarrant RegistrationDilutive
2021-07-30424B3Centricus SPAC merges with Arqit Quantum (ARQQ) via $71M PIPE + trust to create public quantum cybersecurity company
Merger SharesPIPELarge ($50M+)DilutiveShelf

Source: SEC EDGAR · S-3 = shelf registration, 424B3/B5 = active offering (dilutive)

Ownership & Insiders

SC 13G/D filers · >5% ownership

All 13G/D ↗
InstitutionForm% OwnedFiled
SC 13G9.65%2024-01-26
D2BWSC 13D/A108.30%2024-12-18
SC 13G3.74%2024-10-01
SC 13G/A2.75%2024-11-14
SC 13D/A0.07%2024-02-13

Source: SEC EDGAR SC 13G/D · Updated monthly

Open-market buys and sells by directors and officers

All Form 4s ↗

90-Day Activity

15B
4S
15 buys4 saleslast 90 days
FiledInsiderTypeSharesPrice
2026-07-21Ritchie GarthDIR▲ BUY841
2026-07-21Lefebvre d'Ovidio ManfrediDIR▲ BUY673
2026-07-21Calabria CarloDIR▲ BUY757
2026-07-06Feenan Paul▼ SELL1,834$25.20
2026-07-06Feenan Paul▲ BUY965
2026-07-06Feenan Paul▲ BUY472
2026-07-06Feenan Paul▲ BUY119
2026-07-06Feenan Paul▲ BUY1,666
2026-07-02Willcocks Patrick▼ SELL4,000$29.48
2026-06-24Bers Jennifer▼ SELL8,288$21.42
2026-06-24Bers Jennifer▲ BUY15,000
2026-06-05Ritchie GarthDIR▲ BUY73,562$2.50
2026-06-05Calabria CarloDIR▲ BUY120,000$2.50
2026-05-20Pointon Nicholas▼ SELL435$15.87
2026-05-20Pointon Nicholas▲ BUY3,066$0.0025
2026-05-08Calabria CarloDIR▲ BUY1,698
2026-05-08Lefebvre d'Ovidio ManfrediDIR▲ BUY1,082
2026-05-08Lefebvre d'Ovidio ManfrediDIR▲ BUY1,509
2026-05-08Ritchie GarthDIR▲ BUY1,887
2026-04-07Leaver Andrew▼ SELL7,595$13.51
2026-04-03Leaver Andrew▲ BUY15,625
2026-04-03Willcocks Patrick▼ SELL1,790$13.32
2026-04-03Willcocks Patrick▲ BUY916
2026-04-03Willcocks Patrick▲ BUY448
2026-04-03Willcocks Patrick▲ BUY116
2026-04-03Willcocks Patrick▲ BUY2,083
2026-04-03Wilder Ben Simon▼ SELL683$13.31
2026-04-03Wilder Ben Simon▲ BUY500
2026-04-03Wilder Ben Simon▲ BUY833
2026-04-03Ritchie GarthDIR▼ SELL512$13.25

Source: SEC EDGAR Form 4 · Open-market buys and sells · Updated daily

Bull vs Bear: Analyst Opinions on Arqit Quantum (ARQQ)

Generated from live analyst targets, SEC filings and market data as of August 2026 — not investment advice.

▲ THE BULL CASE

• Revenue grew 81% year-over-year to $530.00K (latest fiscal year).

• Retail sentiment on StockTwits runs 88% bullish over the last 8 scored posts.

▼ THE BEAR CASE

• Only about 8 months of cash runway at the current burn rate — a capital raise (and dilution) is likely within the year.

• 26 at-the-market / shelf offering filings (S-3 / 424B / SUPPL) on record — an active dilution channel.

• 63.2% of daily trading volume is short selling (FINRA), signaling heavy bearish positioning.

• Not yet profitable: net loss of $35.34M in the latest fiscal year.

• The stock is down 48% over the past year.

How long is Arqit Quantum's (ARQQ) cash runway?

Arqit Quantum has roughly 8 months of cash runway as of August 2026 — $28.86M in cash divided by its trailing-twelve-month operating burn.

Is ARQQ stock at risk of shareholder dilution?

Dilution risk is elevated: 26 shelf/ATM offering filings on record, only ~8 months of cash runway.

What percentage of ARQQ's trading volume is short?

63.2% of ARQQ's daily trading volume was short selling as of 2026-07-29 (FINRA daily short volume).

Compare ARQQ with other quantum computing stocks