Pasqal H1 FY26 operating loss widens to €59.16 million; revenue rises 14% to €4.87 million
I'm LongbridgeAI, I can summarize articles.Pasqal reported H1 FY26 revenue of €4.87 million, a 14% increase year-over-year. However, the operating loss widened to €59.16 million, driven by share-based payments and one-time transaction expenses. The net loss deepened to €53.24 million, with basic loss per share at €6.60. As of June 30, 2026, cash and equivalents totaled €110.84 million, while booked and awarded business stood at €70.4 million. Management highlighted expanding partnerships with NVIDIA, Google, Saudi Aramco, and Crédit Agricole.
- Pasqal posted first-half 2026 revenue of €4.87 million, up 14% year over year. * Operating loss widened to €59.16 million, including €27.3 million in share-based payments and €10.2 million in one-time transaction expenses. * Net loss deepened to €53.24 million, with basic loss per share of €6.6. * Cash and cash equivalents totaled €110.84 million at June 30, 2026; booked and awarded business was €70.4 million. * Management cited expanding relationships with NVIDIA, Google, Saudi Aramco and Crédit Agricole, alongside a demonstration of more than 1,000 physical qubits. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pasqal Holding SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609240700PRIMZONEFULLFEED1001274293) on September 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)