Cycurion Beats Consensus on Revenue and EPS; Gross Margin Improves Nearly 5x as Company Positions for Stronger Second Half

MCLEAN, Va., Aug. 14, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) ("Cycurion" or the "Company"), a leader in AI-driven cybersecurity, national security, and public safety technology solutions, today announced financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Highlights * Revenue of $3.8 million, exceeding Wall Street consensus of $3.62 million (essentially flat versus $3.9 million in the second quarter of 2025) * Gross profit of $1.1 million (29.1% gross margin), a nearly five-fold increase from $0.2 million (6.1% margin) in the prior-year period * EPS of $(0.41), beating consensus of $(0.56); net loss of $(4.0) million, improved from $(5.3) million in the second quarter of 2025 * Adjusted EBITDA of $(1.4) million, improved from $(2.1) million in the prior-year quarter * Net debt dropped 28% to $5.8 million from $8.1 million year-over-year "The second quarter represents a historic turning point for Cycurion," said Kevin Kelly, Chairman and Chief Executive Officer. "We beat Wall Street estimates on both revenue and earnings, gross margins expanded dramatically and we secured the largest contract in Company history while closing transformative acquisitions. Reaching an estimated $30 million revenue run rate validates our strategic vision. Our new $54.6 million, 10-year contract with a global consulting firm, together with the acquisitions of Secuvant and Kustom's video solutions, provide strong, visible cash flows. We are deliberately shifting toward higher-margin cybersecurity, managed services, and strategic consulting across federal, state, and local government markets."