{"id":962882,"date":"2026-05-14T11:33:23","date_gmt":"2026-05-14T15:33:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cycurion-reports-first-quarter-2026-results\/"},"modified":"2026-05-14T11:33:23","modified_gmt":"2026-05-14T15:33:23","slug":"cycurion-reports-first-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cycurion-reports-first-quarter-2026-results\/","title":{"rendered":"Cycurion Reports First Quarter 2026 Results"},"content":{"rendered":"

\nDelivers 900 Basis Point Gross Margin Expansion, Net Loss Cut 51% and $21 to $22 Million Annual Revenue Visibility Turnaround Momentum
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MCLEAN, Va., May 14, 2026 (GLOBE NEWSWIRE) — Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leader in AI-driven cybersecurity and national security solutions with trusted relationships across the U.S. Government, numerous leading corporations, and high-profile individuals across all industries, announced today results for the first quarter ended March 31, 2026.<\/p>\n

“The first quarter of 2026 marks a clear inflection point in our transformation,” said Kevin Kelly, Chairman and Chief Executive Officer of Cycurion. “We nearly doubled gross margins, significantly reduced operating expenses and executed binding agreements to acquire Halo Privacy and HavenX, which adds approximately $7 million in annualized contracted revenues at approximately 55% gross margin once the deal closes. Combined with our existing contracted backlog, which we expect to deliver approximately $15 million to $17 million in annual revenue, the addition of Halo Privacy and HavenX will increase our contracted backlog we estimate to convert to revenue in a one year period to approximately $21 million to $22 million. We are executing with discipline – exiting lower margin legacy work, reducing costs and reinvesting in our AI-driven platforms. I am confident in our path to profitability and long-term shareholder value.”<\/p>\n

\n Highlights of First Quarter 2026 as Compared to Fourth Quarter 2025<\/strong>\n <\/p>\n