SSC Security Services (SECU) Q2 2026 earnings summary

Executive summary

• Q2 FY2026 revenue reached $32.0 million, up 15.5% year-over-year, marking the highest second quarter revenue in company history.

• Organic growth drove the revenue increase, with recurring monthly revenues remaining strong.

• Adjusted EBITDA for the quarter was $1.2 million ($0.06 per share), up from $1.0 million ($0.06 per share) in Q2 2025.

• Comprehensive net income was $0.2 million ($0.01 per share), compared to $0.0 million ($0.00 per share) in the prior year.

• Announced a definitive agreement for acquisition by Allied Universal at a 119% premium to the prior closing price.

Financial highlights

• Revenue for Q2 FY2026: $32.0 million, up from $27.7 million in Q2 FY2025 (15.5% increase).

• Gross profit: $5.0 million (15.6% margin), up from $4.5 million (16.1% margin) year-over-year.

• Adjusted net income: $0.4 million ($0.02 per share), unchanged from Q2 FY2025.

• Cash and cash equivalents: $6.7 million; working capital: $25.1 million; no debt.

• Total shareholders' equity: $60.4 million.

Outlook and guidance

• No standalone strategic outlook provided due to pending acquisition by Allied Universal.

• Business continues to perform in line with management expectations pending transaction close.