Cycurion, Inc. Reports Q3 2025 Results and Strong Momentum Into Q4 2025 with Run-Rate Revenue Climbing to $4.2 Million in Q1 2026

Strategic Investments in People and Technology Drive Sustained Growth, $80M+ Contract Backlog, and Expanding Pipeline

MCLEAN, Va., Nov. 14, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leader in identity-centric cybersecurity solutions and AI-powered IT infrastructure, today announced its financial results for the third quarter ended September 30, 2025, alongside continued revenue acceleration into the fourth quarter of 2025. Cycurion has strategically invested in high-caliber talent and technology and its strategy is delivering compounding returns with a contract backlog exceeding $80 million, a new data modernization contract for SLG Innovation, Inc. ("SLG") and a forecasted first quarter of 2026 run-rate revenue of $4.2 million.

“The third quarter of 2025 marked a pivotal integration phase, where our investments in talent, AI innovation and technology have expanded margins, unlocked over $80 million in contract backlog and set the stage for revenue inflection in the fourth quarter and beyond,” said Kevin Kelly, Cycurion, Inc. CEO and Chairman. “With cash at $3.7 million, a strengthened balance sheet, and partnerships with three Fortune 500 companies that have gained traction, we’re accelerating toward sustainable profitability and leadership in identity-centric cybersecurity. Additionally, we firmly believe our current market capitalization of approximately $9.5 million does not reflect the intrinsic value of our $80 million-plus multi-year contract backlog, growing recurring revenue, strategic government contracts, and the transformative potential of our AI-driven cybersecurity platform.”

Full details are available in Cycurion’s Form 10-Q for the quarter ended September 30, 2025, filed today with the U.S. Securities and Exchange Commission.

Investments in People and Technology: Front-Loading for Long-Term Profitability

Over the past 18 months, including the third quarter of 2025, Cycurion has prioritized strategic hires in executive leadership, federal capture teams, cybersecurity engineers, threat researchers, and go-to-market specialists. These investments, contributing to elevated Operating Expenses of $19.58 million for the first nine months of 2025 (including $11.24 million in non-recurring business combination expenses and $3.09 million in stock-based compensation), have directly fueled a shift toward higher-margin government contracts. The result is a robust $80+ million contract backlog, representing multi-year recurring revenue with agencies like Department of Homeland Security, U.S. Department of Defense, and state/local governments, thus demonstrating the Company's IDIQ expansions.