One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Cycurion, Inc.
CYCU · NGM · Technology · Information Technology Services
Current price
$3.32
52-week range
$2.08 - $127.07
Market cap
$85.79M
Balance sheet
Distressed
-6.55x Concerning
Net debt $6.72M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
3 Risks
0 rewards · 3 risks
- Risk Return on equity was -105.5% last year — the company lost money on shareholders' equity.
- Risk Operating margin compressed from -1.0% to -50.2% over 3 years.
- Risk Insider ownership is only 4.3% (peer median: 25.7%).
What this company does
Cycurion, Inc.
Cycurion is a cybersecurity company that acts like a digital security guard for other businesses, government agencies, and schools, protecting their computer systems from hackers. It makes most of its money from ongoing management and monitoring services, which creates predictable recurring revenue (income that comes in regularly, like a subscription). This matters because as online threats increase, nearly every organization needs constant protection for its sensitive data.
How the company got here
Cycurion was founded in 2017 to provide cybersecurity services. A key turning point was in early 2025 when it merged with a special purpose acquisition company (a company set up to raise money through an IPO to eventually buy another company), which made Cycurion a publicly traded company on the Nasdaq stock exchange. It has since grown by acquiring several other technology and security companies. This history of combining different businesses is why the company today offers a wide mix of technology services alongside its own software.
What it actually does
Cycurion is a technology security company that helps other organizations, like government agencies and healthcare companies, protect their computer systems and data from online threats. Think of them as a combination of a security guard service and an IT help desk for a company's digital world. They offer experts who advise on security strategy, teams that manage and monitor computer networks 24/7, and their own software tools to defend against cyberattacks. Their customers are typically organizations in highly regulated industries that have strict security needs.
Advisory and Consulting Services
This is the largest part of Cycurion's business, making up the vast majority of its sales. In this segment, companies and government agencies pay Cycurion for expert advice on how to design and manage their cybersecurity programs. This includes assessing their security weaknesses, ensuring they meet legal and industry regulations (known as compliance audits), and providing cybersecurity training for their employees. It's like hiring an experienced consultant to create a security blueprint for your digital assets.
Managed Security and IT Services
This is a smaller but important part of the business where Cycurion takes a hands-on role for its clients. Instead of just advising, they actively manage and monitor a customer's IT systems around the clock from a Security Operations Center (SOC). This includes services like managed detection and response (actively looking for and reacting to threats), managing firewalls (digital barriers that block malicious traffic), and providing general IT help desk support. Customers pay a recurring fee for these ongoing services, much like a monthly security system subscription for a home.
Software Platforms
This is currently the smallest slice of Cycurion's business. The company has developed its own proprietary software, most notably the ARx platform. This software provides a protective shield for a company's web applications, defending against common attacks and blocking unwanted automated programs, or 'bots'. While it doesn't generate much revenue (the money a company receives from its business activities) on its own yet, it's a key part of their technology offering that they bundle with their other services.
What management is betting on now
The company's leadership is focused on growing by winning more long-term government contracts and making strategic acquisitions of other companies that can be easily integrated and add to profitability. They are also working to increase their higher-margin (the portion of sales revenue that's left after accounting for the costs of producing the goods or services) business by pairing their consulting services with their own AI-powered software. A major goal is to improve financial performance and become cash-positive, meaning the company brings in more money than it spends on operations.
Price history
How the share price has moved
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Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-195.77K
FY2024 Q4
$-964.64K
FY2025 Q1
$-2.82M
FY2025 Q2
$-3.66M
FY2025 Q3
$-2.56M
FY2025 Q4
$-3.50M
FY2026 Q1
$-3.02M
FY2026 Q2
$-3.35M
Revenue
$3.76M
Net income
$-3.76M
Diluted EPS
-0.41
Operating cash flow
$-3.28M
Free cash flow
$-3.35M
Fetching…
Sources
Revenue
$3.27M
Net income
$-2.13M
Diluted EPS
-0.47
Operating cash flow
$-2.89M
Free cash flow
$-3.02M
Fetching…
Sources
Revenue
$3.54M
Net income
$-5.00M
Diluted EPS
-11.09
Operating cash flow
$-3.31M
Free cash flow
$-3.50M
Fetching…
Sources
Revenue
$3.83M
Net income
$-3.12M
Diluted EPS
-1.59
Operating cash flow
$-2.47M
Free cash flow
$-2.56M
Fetching…
Sources
Revenue
$3.89M
Net income
$-5.29M
Diluted EPS
-0.15
Operating cash flow
$-3.56M
Free cash flow
$-3.66M
Fetching…
Sources
Revenue
$3.87M
Net income
$-10.25M
Diluted EPS
-0.56
Operating cash flow
$-2.75M
Free cash flow
$-2.82M
Fetching…
Sources
Revenue
$4.08M
Net income
$1.90M
Diluted EPS
-0.08
Operating cash flow
$-859.64K
Free cash flow
$-964.64K
Fetching…
Sources
Revenue
$4.45M
Net income
$-375.00K
Diluted EPS
0.11
Operating cash flow
$-90.77K
Free cash flow
$-195.77K
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $3.32
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $6.7M. Interest coverage -6.5x.
Net debt
$6.72M
Interest coverage
-6.55x
Cycurion, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 4 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
CYCU
BASELINE
Cycurion, Inc.
Total debt $8.59M Interest coverage -6.55x This is the baseline the peer rows are being compared against.
Total debt $4.49M Interest coverage -0.95x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -918.00x Neither company has much profit cushion over interest right now.
Total debt $958.91K Interest coverage -2.43x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -30.03x Neither company has much profit cushion over interest right now.
What you should know
The case for and against CYCU
0 Rewards
3 Risks
Rewards
Risks
-
Return on equity was -105.5% last year — the company lost money on shareholders' equity.
-
Operating margin compressed from -1.0% to -50.2% over 3 years.
-
Insider ownership is only 4.3% (peer median: 25.7%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
0.18x
Forward P/E
-1.80x
P/B
0.22x
P/S
5.96x
EV/EBITDA
-0.99x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
17.2%
Operating margin
-50.2%
Net margin
-98.0%
ROE
-105.5%
ROA
-23.6%
Health
Liquidity and balance-sheet strength
Debt / equity
0.47x
Current ratio
0.30x
Quick ratio
0.29x
Total debt
$8.59M
Total cash
$1.87M
Growth
How the business has been compounding
Revenue TTM
$14.40M
Revenue 5Y CAGR
-14.8%
EPS TTM
18.00
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-11.96M
Free CF TTM
$-12.54M
FCF margin
-87.1%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
—