SuperCom Delivers 8% Revenue Growth and Records $3.34M EBITDA in Q1
SPCB•SuperCom posted Q1 revenue of $7.6 million, an 8% year-over-year increase, and achieved record gross profit of $4.8 million, operating income of $1.23 million and EBITDA of $3.34 million. The company reported GAAP net income of $1.33 million, non-GAAP EPS of $0.51 and secured a $17 million Swedish EM contract.
1. Q1 Revenue and Net Income
SuperCom reported revenue of $7.6 million for the quarter ended March 31, an 8% increase from $7.05 million a year earlier, and achieved GAAP net income of $1.33 million, or $0.24 per share, compared with $0.1 million in Q1 2025.
2. Record Profit Margins and EBITDA
Gross profit rose 8% to $4.8 million, lifting gross margin to slightly above 63%, while operating income reached a ten-year high of $1.23 million and EBITDA climbed 32% to $3.34 million. Adjusted net income excluding Q1-25 one-time gains surged 155% to $2.78 million, equating to non-GAAP EPS of $0.51.
3. Cash Position and Equity Growth
At quarter end, SuperCom held $11.02 million in cash and cash equivalents and book value of equity increased to $45.6 million from $43.5 million at year-end 2025, underpinning a strengthened balance sheet.
4. Electronic Monitoring Contract Wins and Expansion
Since mid-2024, SuperCom has secured over 40 new U.S. electronic monitoring contracts across 16 states and 17 regional partnerships, with quarterly recurring EM revenues in the U.S. up approximately 88% and ARR run-rate growing over 180% year-over-year; recent wins include four new New York counties and a $17 million national contract in Sweden.
