Ekinops Records Modest Growth in H1 2026

Ekinops, a leader in optical networks and cybersecurity solutions, posted a 2% revenue increase for the first half of 2026, reaching €58.2 million. This slight growth contrasts with a significant operating expense increase of 18%, mainly driven by R&D and market strategy investments under the Bridge plan.

Despite a 6% rise in gross margin to 57.9%, EBITDA margin decreased to 10.1% compared to 13.1% last year, primarily due to strategic investments. The company's available cash stands at €23 million, and it confirmed full-year revenue growth targets, relying on solid momentum in North America and new solutions like PTM and SASE.

Operating income saw a loss of €1.8 million, affected by costs related to the Chimere acquisition and ERP implementation. In H2, Ekinops plans to escalate investment to enhance market coverage, emphasizing indirect sales and cybersecurity sector expansion.