Genians (263860) Q2 2026 earnings summary

Executive summary

• Achieved 2026 H1 consolidated revenue of KRW 24,924 million, with 82.95% from product sales and 17.05% from maintenance/services.

• Maintained market leadership in NAC and EDR, with EDR market share at 58.4% in H1 2026.

• Expanded global presence with new offices in UAE and India, and continued investment in R&D and new business areas.

Financial highlights

• H1 2026 revenue: KRW 24,924 million, down from KRW 48,381 million in FY2025.

• Operating income for H1 2026: KRW 4,311 million; net income: KRW 4,656 million.

• Basic EPS for H1 2026: KRW 537; diluted EPS: KRW 536.

• Total assets as of June 30, 2026: KRW 84,113 million; equity: KRW 64,323 million.

• R&D expenses for H1 2026: KRW 5,179 million, 20.78% of sales.

Outlook and guidance

• Focus on expanding SaaS and managed security services, targeting SMBs and global markets.

• Continued investment in zero trust, AI-based security, and quantum security technologies.

• Anticipates increased cybersecurity spending due to regulatory changes and rising threat landscape.