cyan AG, a Munich-based provider of intelligent cybersecurity solutions, published its half-year report for 2026, revealing an 11% increase in group revenue to EUR 4.9 million compared to EUR 4.4 million in the prior-year period. The results confirm the preliminary figures announced earlier in September and underscore the company's sustained growth momentum. With recurring revenue accounting for 96% of total revenue, cyan benefits from a highly predictable revenue base that enhances planning certainty. Despite planned investments in product development, sales, and market expansion, EBITDA remained positive at EUR 0.2 million.
The company's strategic expansion continued on multiple fronts. cyan deepened its cooperation with T-Mobile Poland by adding an additional cybersecurity offering, and it gained ONATi/Vini in French Polynesia as a new international telecommunications partner. Additionally, CANCOM and FileWave created new sales channels for cyan Guard 360, the company's flagship security product. These moves demonstrate cyan's ability to broaden its international presence and diversify its distribution network, which is crucial for scaling in the competitive cybersecurity market.
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 along with positive EBITDA. However, EBITDA is projected to be below the 2025 level due to planned investments in market expansion. This guidance signals confidence in the company's growth strategy while acknowledging the costs associated with scaling operations.
For investors seeking detailed financial information, 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/. Additionally, the company will host an Earnings Call on September 29, 2026, from 2:00 to 3:00 p.m. CEST, during which CEO Markus Cserna will discuss the half-year results and answer questions. Interested participants can register for the call using the invitation link at https://www.appairtime.com/event/fd30334a-f4fd-4599-8ee3-6625d7c02ef3. Participation is free of charge.
cyan AG, listed on the XETR under the ticker CYR, has nearly 20 years of experience in the IT industry and provides white-label cybersecurity solutions to mobile and fixed network internet providers and financial service providers. Its client roster includes major telecom groups such as Orange, Deutsche Telekom (Magenta/T-Mobile), and Claro Chile (America Movil Group). For more information, visit www.cyansecurity.com.
The half-year report highlights cyan's ability to grow profitably while investing in future expansion, positioning it well to capitalize on the increasing demand for cybersecurity solutions globally. The confirmed guidance and ongoing international partnerships suggest that the company is on track to meet its full-year targets, making it a noteworthy player in the cybersecurity sector.
