Quick Answer
SEALSQ Corp reported R&D Expense of $12.48 million for fiscal year 2025.
SEALSQ Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $12.48M | +150.3% |
| 2024 | $4.99M | +26.3% |
| 2023 | $3.95M | +71.0% |
| 2022 | $2.31M | -24.3% |
| 2021 | $3.05M | — |
- SEALSQ Corp showed an increase of +150.3% in R&D Expense compared to the prior fiscal year.
- Over the 2021–2025 period, SEALSQ Corp’s r&d expense has grown by 309.1% (from $3.05 million to $12.48 million).
- The most recent figure is from SEALSQ Corp’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 31, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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