cyan AG (XETR: CYR), 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 figures in early September, underscore the company's sustained growth trajectory and the successful execution of its strategic initiatives. With recurring revenue accounting for 96% of total revenue, cyan benefits from a highly predictable and reliable revenue base, which enhances planning certainty and supports long-term investments.
Despite significant planned investments in product development, sales, and market expansion, cyan 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 half-year report, available in the Investor Relations section of cyan's website at https://ir.cyansecurity.com/publications/, provides detailed financial and operational insights.
Strategic expansion was a key theme in the first half of 2026. cyan deepened its collaboration with T-Mobile Poland by adding an additional cybersecurity offering. The company also gained a new international telecommunications partner, ONATi/Vini in French Polynesia. Furthermore, partnerships with CANCOM and FileWave created additional sales channels for cyan Guard 360, the company's flagship security product. These moves broaden cyan's international footprint and diversify its revenue streams.
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 full-year guidance for 2026, expecting group revenue between EUR 10.2 million and EUR 11.5 million and positive EBITDA. However, EBITDA is projected to be below the 2025 level due to increased investments in market expansion. This guidance reflects confidence in the company's growth strategy but also acknowledges the short-term impact of strategic spending.
cyan AG operates with almost 20 years of experience in the IT industry, offering white-label cybersecurity solutions integrated into the apps and system landscapes of international business partners, including the Orange Group, Deutsche Telekom (Magenta/T-Mobile), and Claro Chile (America Movil Group). The company's proprietary research and development center focuses on early identification of industry trends and development of optimal product solutions. More information is available at www.cyansecurity.com.
For stakeholders, the half-year report signals cyan's resilience and growth potential in the competitive cybersecurity market. The high recurring revenue share and positive EBITDA indicate a stable business model, while international partnerships and new sales channels position the company for further expansion. The confirmed guidance provides investors with clarity on expected performance. An earnings call scheduled for September 29, 2026, at 2:00 p.m. CEST will allow investors, analysts, and shareholders to hear directly from CEO Markus Cserna about business development and outlook. Interested parties can register via the invitation link at https://www.appairtime.com/event/fd30334a-f4fd-4599-8ee3-6625d7c02ef3. The original release is available on www.newmediawire.com.
