Filing Flows › Cycurion (CYCU) › Q1 2026
Cycurion (CYCU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Cycurion (CYCU) reported revenue of $3.3M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -8% from the quarter before. Operating margin was -72.5%, net loss $2.6M (78.4% of revenue).
Cycurion, Q1 2026: revenue $3.3M (-16% year over year), operating margin -72.5%, net loss $2.6M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3M | -8% | -16% |
| Operating profit | −$2.4M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $3.3M in Q1 2026, down 16% year over year and down 8% from the previous quarter. Advisory consulting was the largest line at 99% of revenue. Advisory consulting lost $591K year over year (down 15%), 98% of the total change.
Gross margin was 21.1%, up 3.5 points from Q1 2025. Operating costs exceeded revenue by $2.4M, an operating margin of -72.5%. Operating expenses fell 72% while revenue fell 16%. The fastest-growing cost line was SG&A (+713%). The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $5.3M loss. Minority interests bore $433K of it: to shareholders the quarter was a loss of $2.1M.
Operating cash flow was −$2.9M. Non-cash charges added back $316K of share-based compensation. Working capital and other items used $644K. Capital expenditures of $129K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was Cycurion's revenue in the first quarter 2026?
Cycurion (CYCU) reported revenue of $3.3M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -8% from the quarter before.
Was Cycurion profitable in the first quarter 2026?
Operating loss was $2.4M (-72.5% of revenue) and net loss $2.6M.
Source: Cycurion 10-Q on SEC EDGAR.