Kudelski H1 2026 operating loss narrows on Core Digital Security return to growth, cost cuts, company says
Reuters2026/08/26 10:14- Kudelski’s H1 2026 net revenue fell 1.5% to USD 170.1 million, while operating loss before D&A narrowed to USD 11.5 million.
- Core Digital Security returned to growth, helped by expanded European customer scope; segment EBITDA rose to USD 5.1 million.
- Cybersecurity revenue dropped 8.9% to USD 45.1 million as bookings converted more slowly; MDR bookings rose 69%.
- IoT revenue increased 5.1% to USD 20.3 million on margin recovery; EBITDA loss improved to USD 3.7 million.
- Cost actions cut headcount by 89 to 1,510 FTEs; cash ended at USD 64.3 million with no debt.
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