$CYABAug 13, 2026, 1:10 PMAI processed
Cyabra posts record Q2 revenue $1.9M, up 39% YoY on new gov't/intel wins and $500k+ contract
AI Summary
Cyabra reported record Q2 revenue of $1.9 million, a 39% year-over-year increase (accelerating from 12% in Q1), driven by new customer wins and expanded engagements including a >$500k research institute agreement and new European government and Asia‐Pacific intelligence customers plus channel partnerships. The company completed a $6.0 million private placement and launched its Coordinated Activity Detection offering to support growth, but remains unprofitable with a net loss of ~$3.4 million and some revenue offset by customers who did not renew.
Positives
- Record Q2 revenue of $1.9M, up 39% YoY (acceleration from 12% in Q1)
- Signed >$500k agreement with an international research institute and added government/intelligence customers in Europe and Asia‑Pacific
- Completed $6.0M private placement to strengthen the balance sheet
Negatives
- Net loss widened to approximately $3.4M in Q2 2026
- Some revenue gains were partially offset by customers that did not renew contracts
- Company remains unprofitable despite revenue acceleration