Secunet reports near doubling of orders in Q1 2026
Cybersecurity firm secunet Security Networks AG announced a significant increase in orders for the first quarter of 2026, nearly doubling to 143.0 million euros. Revenue saw a modest rise.
Cybersecurity company secunet Security Networks AG has released its interim report for the first quarter of the 2026 fiscal year.
The company reported a substantial increase in its order intake, which rose by nearly 90.7% to 143.0 million euros, compared to 75.0 million euros in the same period of the previous year. The group's revenue also saw a moderate increase of 4.4%, reaching 81.8 million euros from 78.3 million euros in Q1 2025.
Earnings before interest and taxes (EBIT) declined to a negative -4.0 million euros (Q1 2025: 1.8 million euros). This decrease is attributed to organizational expansion, including hiring 1,159 employees by March 31, 2026, and temporary factors impacting personnel costs and project margins.
The public sector segment, particularly within defense, space, and homeland security, was a key driver of revenue growth. Secunet confirmed its full-year outlook for 2026, expecting group revenue between 460 and 500 million euros.