Pasqal H1 FY26 operating loss widens to €59.16 million; revenue rises 14% to €4.87 million

• 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.

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