Alarum Technologies Posts 64% Q1 Revenue Surge to $11.7M, $0.6M Net Income
ALAR•Alarum Technologies delivered 64% revenue growth to $11.7M in Q1 2026, achieving IFRS net income of $0.6M and adjusted EBITDA of $2.1M. Cash rose to $24.2M with zero debt, while gross margin slipped to 61.7% as operating expenses increased to $6.4M from $4.5M.
1. Q1 2026 Financial Performance
Alarum Technologies reported revenue of $11.7 million in Q1 2026, a 64% year-over-year increase, with IFRS net income of $0.6 million and adjusted EBITDA of $2.1 million.
2. Margin and Expense Trends
Gross margin declined to 61.7% from 67.5% in Q1 2025, while operating expenses rose to $6.4 million from $4.5 million, driven by increased payroll and R&D spending.
3. Infrastructure and Product Expansion
The company's infrastructure handled over 50 petabytes of data traffic monthly and it is expanding offerings to include AI-ready datasets and agentic workflow capabilities to enhance customer engagement and upsell opportunities.
4. Balance Sheet Strength
Alarum ended the quarter with $24.2 million in cash equivalents and zero financial debt, positioning it to fund long-term infrastructure leadership and strategic growth initiatives.
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