North America was Sealsq’s largest segment in fiscal 2025, bringing in $9.15M of $14.56M (63%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| North America | $13.61M | $16.53M | $7.50M | $9.15M | ||
| Europe, Middle East Africa | — | $9.99M | $1.84M | $2.23M | ||
| Europe, Middle East & Africa | $6.78M | — | — | — | ||
| Rest Of Emea | — | — | — | — | ||
| Asia Pacific | $2.75M | $3.47M | $1.64M | $3.18M | ||
| France | — | — | — | — | ||
| Latin America | $67.00K | $76.00K | — | — | ||
| Total | $23.20M | $30.06M | $10.98M | $14.56M |
Sealsq brought in $14.56M from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $18.55M it reports by product and service, so these segments do not cover all of its revenue. North America was the largest at $9.15M (62.8%), ahead of Asia Pacific at $3.18M (21.8%) and Europe, Middle East Africa at $2.23M (15.3%).
Compared with fiscal 2024, Asia Pacific grew fastest, up 93.7% to $3.18M. Every segment above 2% of revenue grew.
Sealsq began breaking out Europe, Middle East Africa in fiscal 2023, when it brought in $9.99M. Sealsq stopped reporting Europe, Middle East & Africa ($6.78M in fiscal 2022) and Latin America ($76.00K in fiscal 2023) as separate segments.
Secure Chips was Sealsq’s largest product and service line in fiscal 2025, bringing in $14.33M of $18.55M (77%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Secure Chips | $23.20M | $30.04M | $10.94M | $14.33M | ||
| Asic Design | — | — | — | $3.52M | ||
| Certificates | — | $14.00K | $83.00K | $620.00K | ||
| Asic Production | — | — | — | $79.00K | ||
| Total | $23.20M | $30.06M | $11.02M | $18.55M |
Sealsq brought in $18.55M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. Sealsq regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $11.02M. Secure Chips was the largest at $14.33M (77.2%), ahead of Asic Design at $3.52M (19.0%) and Certificates at $620.00K (3.3%). The remaining line, Asic Production, brought in $79.00K.
Compared with fiscal 2024, Certificates grew 647.0% to $620.00K and Secure Chips grew 31.0% to $14.33M.
Sealsq began breaking out Asic Design in fiscal 2025, Certificates in fiscal 2023 and Asic Production in fiscal 2025.
Semiconductors was Sealsq’s largest segment in fiscal 2025, bringing in $14.65M of $18.25M (80%).
| Subsegments (2) | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Semiconductors | $30.06M | $10.98M | $14.65M |
| Asic | — | — | $3.60M |
| Total | $30.06M | $10.98M | $18.25M |
Sealsq brought in $18.25M from its two segments in fiscal 2025, the year ended December 31, 2025. Sealsq regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $10.98M. Semiconductors was the largest at $14.65M (80.3%), ahead of Asic at $3.60M (19.7%).
Sealsq began breaking out Asic in fiscal 2025, when it brought in $3.60M.
Sealsq (LAES) reports its revenue by segment, by product and service and by subsegments (2). In fiscal 2025, North America was its largest segment, bringing in $9.15M (62.8% of the total), followed by Asia Pacific at $3.18M (21.8%).
North America was Sealsq's largest segment in fiscal 2025, bringing in $9.15M, or 62.8% of the $14.56M total across its three segments.
Secure Chips was Sealsq's largest product and service line in fiscal 2025, bringing in $14.33M, or 77.2% of the $18.55M total across its four product and service lines.
Among Sealsq's segments that make up at least 2% of revenue, Asia Pacific grew fastest in fiscal 2025, up 93.7% from $1.64M to $3.18M.
Every figure comes from Sealsq's annual financial filings, as reported. Each line keeps the name Sealsq gives it, and years follow its fiscal calendar.
Sealsq's revenue by segment goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.