Arqit Quantum Inc. cash flow statement

In fiscal 2025, Arqit Quantum Inc.'s operations generated −$29.6m of cash; it spent $33,000 on capital projects, leaving free cash flow of −$29.6m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Arqit Quantum Inc.: cash flow statement, annual
Fiscal year	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025
Cash from operations	−24	−27	−33	−34	−30
Depreciation and amortisation	0	0	0	0	0
Stock-based pay	0	22	18	−1	6
Capital spending	0	2	1	0	0
Free cash flow	−24	−29	−34	−34	−30
Free cash flow after stock pay	−24	−51	−52	−33	−35

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: ARQQ vs ATGL ARQQ vs OWLS ARQQ vs QBTS

More: Systems Software stocks compared, Technology sector, rankings of US companies

Figures from Arqit Quantum Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Arqit Quantum Inc.