cyan AG, a Munich-based provider of intelligent cybersecurity solutions, has published its half-year report for 2026, revealing an 11% increase in group revenue to EUR 4.9 million, up from EUR 4.4 million in the prior-year period. The results, initially reported as preliminary in early September and now confirmed in the final figures, highlight the company's sustained growth momentum and the successful execution of its strategic initiatives. Recurring revenue accounted for 96% of total revenue, providing a reliable and predictable revenue base that enhances planning certainty for the company and its stakeholders.
Despite planned investments in product development, sales, and market expansion, cyan AG maintained a positive EBITDA of EUR 0.2 million. This profitability amid growth investments demonstrates the company's ability to balance expansion with financial discipline. The firm also made significant progress in international expansion, including an expanded cooperation with T-Mobile Poland to include an additional cybersecurity offering, a new partnership with ONATi/Vini in French Polynesia, and the creation of additional sales channels for its cyan Guard 360 product through collaborations with CANCOM and FileWave.
Markus Cserna, CEO of cyan AG, commented, "In the first half of the year, we not only further developed our existing business, but also created important prerequisites for the next steps in our growth. With new international customers and additional sales channels for cyan Guard 360, we are steadily broadening our base. At the same time, we are making targeted investments in product development and market development in order to convert this potential into further growth in the coming periods."
The Management Board confirmed its guidance for the 2026 financial year, expecting group revenue between EUR 10.2 million and EUR 11.5 million and positive EBITDA, though EBITDA is anticipated to be below the 2025 level due to planned investments in market expansion. The full issuer report for the first half of 2026 is available in the Investor Relations section of cyan AG's website at https://ir.cyansecurity.com/publications/. An earnings call is scheduled for September 29, 2026, from 2:00 to 3:00 p.m. CEST, during which Cserna will discuss the business development and outlook and answer questions. Interested participants can register using the invitation link at https://www.appairtime.com/event/fd30334a-f4fd-4599-8ee3-6625d7c02ef3.
cyan AG's performance in the first half of 2026 holds significant implications for the business services industry, particularly in the cybersecurity and IT infrastructure sectors. The company's ability to achieve double-digit revenue growth while maintaining profitability suggests robust demand for its white-label security solutions, which are integrated into the apps and system landscapes of international business partners such as the Orange Group, Deutsche Telekom (Magenta/T-Mobile), and Claro Chile (America Movil Group). The high proportion of recurring revenue indicates a sticky customer base and long-term contracts, which can serve as a model for other service providers aiming for predictable income streams.
Furthermore, cyan's strategic expansion into new markets and sales channels highlights the growing importance of partnerships in scaling cybersecurity offerings globally. As cyber threats continue to evolve, the demand for intelligent security solutions is expected to rise, and cyan's investments in research and development position it to capitalize on emerging trends. The confirmation of full-year guidance provides reassurance to investors and partners about the company's growth trajectory, potentially attracting further interest in the cybersecurity space. For more information, visit www.cyansecurity.com.
