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, up from EUR 4.4 million in the prior-year period. The results, which confirm preliminary figures released earlier in September, highlight the company's ability to sustain growth while maintaining profitability. Recurring revenue accounted for 96% of total revenue, providing a reliable and predictable base that enhances planning certainty. Despite planned investments in product development, sales, and market expansion, EBITDA remained positive at EUR 0.2 million, demonstrating that cyan continues to operate profitably while investing in future growth.
The half-year report, available in the Investor Relations section of cyan AG's website at https://ir.cyansecurity.com/publications/, also details significant progress in international expansion. The company broadened its cooperation with T-Mobile Poland to include an additional cybersecurity offering and gained ONATi/Vini in French Polynesia as a new international telecommunications partner. Furthermore, CANCOM and FileWave created additional sales channels for cyan Guard 360, the company's flagship security product. These developments underscore cyan's strategic focus on expanding its global footprint and diversifying 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.” Cserna's remarks reflect the company's confidence in its strategy and its commitment to long-term value creation.
Looking ahead, the Management Board has confirmed its guidance for the 2026 financial year. cyan expects group revenue between EUR 10.2 million and EUR 11.5 million, along with positive EBITDA. However, EBITDA is anticipated to be below the level of the 2025 financial year due to planned investments in market expansion. This guidance signals management's belief in the company's growth trajectory, even as it prioritizes strategic investments over short-term profitability. The positive EBITDA in the first half, despite these investments, suggests that cyan is effectively balancing growth and financial discipline.
To discuss the half-year results and outlook, cyan AG will host an Earnings Call on September 29, 2026, from 2:00 to 3:00 p.m. CEST. Markus Cserna will present the business development and answer questions from investors, analysts, and interested shareholders. The call is free to attend, and participants are requested to register in advance using the invitation link: https://www.appairtime.com/event/fd30334a-f4fd-4599-8ee3-6625d7c02ef3. This direct engagement with the investment community is part of cyan's commitment to transparency and investor relations.
cyan AG, listed on the XETR under the ticker CYR, has nearly 20 years of experience in the IT industry. The company provides white-label cybersecurity solutions that are integrated into the apps and system landscapes of international business partners, including major telecom and financial service providers. Its customers include the Orange Group, Deutsche Telekom (Magenta/T-Mobile), and Claro Chile (America Movil Group). With its own research and development center, cyan aims to identify industry trends early and develop optimal product solutions. More information is available at www.cyansecurity.com.
The half-year report's confirmation of growth and strategic expansion is significant for investors and the cybersecurity industry. It demonstrates that cyan's business model, characterized by a high proportion of recurring revenue and a focus on partnerships with large telecom and financial institutions, is resilient and scalable. The company's ability to maintain positive EBITDA while investing in growth indicates a disciplined approach to expansion. As cyber threats continue to evolve, demand for robust security solutions is expected to rise, positioning cyan to capitalize on this trend. The confirmed guidance and upcoming earnings call will provide further insights into the company's performance and strategic direction.
