secwatch.observer — SEC 8-K summary
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Issuer:     Cycurion, Inc. (CYCU)
CIK:        0001868419
Form:       8-K
Filed at:   2026-08-14T12:39:43+00:00
Accession:  0001628280-26-056952
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cycurion beats Q2 consensus; gross margin up ~5x; lands $54.6M contract
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- Q2 revenue $3.8M vs $3.62M consensus; EPS -$0.41 vs -$0.56; net loss -$4.0M improved from -$5.3M.
- Gross margin 29.1% vs 6.1% YoY; adjusted EBITDA -$1.4M vs -$2.1M; net debt down 28% to $5.8M.
- Secured $54.6M, 10-year contract with global consulting firm for state HHS system; >$5M annual recurring revenue starting Nov 2026.
- Acquired Secuvant and Kustom video solutions; estimated $30M revenue run rate; pipeline of 122 opportunities worth ~$34M.
- Cost savings >$2.2M annualized; federal revenue >$500K YTD, on track for ~$1M in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868419/000162828026056952/0001628280-26-056952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868419/000162828026056952/cycu-20260814.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-056952

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer