CYAB

Revenue Growth Accelerates Sequentially to 39% in Q2, Driven Mainly by New Customer Wins Commercial Momentum Includes $500,000+ Research Institute Agreement and New Government and Intelligence Customers NEW YORK, NY, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Cyabra, Inc. (Nasdaq: CYAB) (“Cyabra” or the “Company”), a company whose artificial intelligence (“AI”)-powered platform helps governments and enterprises detect coordinated manipulation and protect digital trust, today reports financial results for the six and three months ended June 30, 2026. The second quarter marked record revenue for Cyabra, as organizations across the public and private sectors increasingly turned to the Company's AI-powered narrative intelligence platform to identify coordinated influence campaigns, bot activity, and synthetic online threats. Revenue growth accelerated to 39% year-over-year in the second quarter from 12% year-over-year in the first quarter of 2026, reflecting new customer wins and increased revenue from existing customers. During and following the quarter, Cyabra also expanded its international government and intelligence footprint, added new commercial relationships, broadened its routes to market, and continued to advance its AI-powered technology platform. Dan Brahmy, Cyabra’s Co-Founder and Chief Executive Officer stated: "Our second quarter 2026 results represent the highest quarterly revenue in Cyabra's history and reflect the growing demand for our AI-powered narrative intelligence platform as organizations increasingly recognize that understanding and mitigating online manipulation has become mission critical.  Revenue grew 39% year-over-year, driven by new customer wins and expanded engagement with existing customers. We believe this acceleration, together with continued expansion within our existing relationships, demonstrates increasing commercial traction for our platform. During and following the second quarter, we expanded our relationships with government and intelligence organizations in Europe and Asia-Pacific, secured an agreement valued at more than $500,000 with a leading international research institute, and broadened our routes to market through relationships with Carahsoft Technology Corp and Onclusive, Inc. At the same time, we continued to invest in our technology, including the launch of Coordinated Activity Detection. Importantly, we also strengthened our balance sheet through our recent financing and earned recognition from Gartner, Inc.® (“Gartner”) as a Market Shaper in the Emerging Market Quadrant for Narrative Intelligence. Together, we believe these milestones strengthen our commercial foundation and support the next phase of our growth. "We believe these achievements reinforce Cyabra's position at the intersection of AI, cybersecurity, and digital trust. We believe we are operating at the convergence of several powerful trends — the rapid adoption of AI, the proliferation of AI-generated content, increasing cybersecurity threats, and the growing need for governments and enterprises to understand what is authentic online. As organizations confront increasingly sophisticated disinformation campaigns, coordinated influence operations, and AI-generated content, demand for trusted narrative intelligence continues to grow. “Our strategy is focused on converting this growing market need into sustainable revenue growth — winning new customers, expanding existing relationships, broadening our distribution, and continuing to innovate our technology platform. With accelerating revenue growth, an expanding customer base and strengthened balance sheet, we believe we are building the commercial foundation to scale Cyabra and create long-term value for shareholders,” Mr. Brahmy concluded. 2026 Second Quarter and Recent Business Highlights Delivered record quarterly revenue of $1.9 million, an increase of 39% compared to $1.3 million in quarterly revenue for the second quarter of 2025, reflecting continued customer adoption and expansion. Signed an agreement valued at more than $500,000 with a leading international research institute to provide AI-powered narrative intelligence and disinformation security solutions, adding a meaningful commercial win during the quarter. Secured a new European government customer, expanding Cyabra's international public sector presence and demonstrating growing demand for AI-powered narrative intelligence among sovereign organizations. Announced a multi-year, six-figure agreement with a prominent Asia-Pacific intelligence agency following quarter-end, further expanding Cyabra's sovereign and defense footprint, and reinforcing growing global demand for AI-powered narrative intelligence to combat digital threats and coordinated influence campaigns. Completed a $6.0 million private placement with participation from new and existing institutional investors, members of management, and the Board of Directors, strengthening the Company's balance sheet to support continued commercial expansion and product innovation. Expanded U.S. public sector reach through the Company's strategic collaboration with Carahsoft Technology Corp., providing federal, state, and local government agencies with streamlined access to Cyabra's AI-powered narrative intelligence platform. Partnered with Onclusive, Inc. to combine its global media intelligence platform with Cyabra's AI-powered authenticity analysis, creating an additional route to enterprise users through established media-intelligence workflows and helping organizations distinguish authentic online conversations from coordinated manipulation and disinformation. Launched Coordinated Activity Detection, a new AI agent that automates Cyabra's proprietary analyst investigation methodology to identify coordinated inauthentic behavior and deliver a single, evidence-backed verdict for every investigation at scale, extending the platform's ability to automate complex analysis. Recognized as a Market Shaper in the inaugural June 2026 Gartner®1 Emerging Market Quadrant for Narrative Intelligence — Startup Vendors, in which Gartner formally defined and assessed the narrative intelligence market for the first time. Cyabra believes this provides third-party recognition of Cyabra's position in the emerging narrative intelligence market. Strengthened the executive leadership team with the appointment of David Low as the Company’s Chief Marketing Officer, further accelerating the next phase of our commercial growth. Second Quarter 2026 Financial Results Revenue increased by 39% to a record $1.9 million for the second quarter of 2026, compared to $1.3 million in the second quarter of 2025. Growth was driven primarily by new customer wins, which contributed approximately $0.7 million of revenue during the quarter, together with increased revenue from existing customers. These gains were partially offset by customers that did not renew their contracts during 2026. Cost of revenue increased to approximately $0.3 million, compared to $0.2 million in the prior-year period, reflecting higher revenue levels. Gross profit increased by 39% to approximately $1.5 million, compared to $1.1 million in the second quarter of 2025, while gross margin remained approximately 84%, demonstrating the scalability of the Company's software platform. Research and development expenses increased by 12% to approximately $2.1 million, compared to $1.8 million in the second quarter of 2025, primarily reflecting higher payroll and personnel-related costs, together with increased software and cloud infrastructure investments supporting continued platform innovation. Sales and marketing expenses declined by 10% to approximately $1.3 million, compared to $1.5 million in the second quarter of 2025, primarily due to lower share-based compensation expense, partially offset by higher personnel-related costs, reflecting continued operating discipline while supporting commercial growth. General and administrative expenses slightly increased to approximately $1.3 million from approximately $1.2 million in the second quarter of 2025, primarily reflecting higher payroll, insurance, travel, and facility-related expenses. Operating loss improved to approximately $3.1 million, compared to approximately $3.4 million in the second quarter of 2025, primarily reflecting higher gross profit and lower share-based compensation expense, partially offset by continued investment in personnel. Net loss for the second quarter of 2026 was approximately $3.4 million, compared to approximately $2.4 million in the second quarter of 2025. The increase in net loss was primarily from higher personnel-related costs, as well as increase in non-cash finance expenses, partially offset by increase in gross profit, and a decrease in share-based payment expenses. About Cyabra Cyabra helps global enterprises and governments restore trust and authenticity online by analyzing manipulated content, coordinated behaviors, and inauthentic actors. The platform helps teams understand who is operating, how activity is amplified, and where coordinated activity is shaping perception, translating evidence into clear mitigation steps. By reducing ambiguity and misdirected response, Cyabra enables proportionate, evidence-led action when clarity matters most.For more information, visit www.cyabra.com. Contact:Investors: [email protected]: [email protected] Forward-Looking Statements This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding Cyabra's intent, belief, or expectations, including, but not limited to, statements regarding Cyabra's future results of operations and financial position, planned products and services, business strategy and plans, market size and growth opportunities, competitive position and market trends. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. For example, the Company is using forward-looking statements in this press release when it discusses the benefits, advantages and capabilities of its platform and technology, continued demand for its AI-powered narrative intelligence platform, its ability to capitalize on the growing need for digital trust solutions, the expected benefits of its strategic initiatives and collaborations, the expansion of its commercial and public sector business, the continued adoption of its platform by customers, that is revenue growth, together with continued expansion within its existing relationships, demonstrates increasing commercial traction for its platform, that its recent milestones strengthen its commercial foundation and support the next phase of its growth, its belief that it believes it is operating at the convergence of several powerful trends — the rapid adoption of AI, the proliferation of AI-generated content, increasing cybersecurity threats, and the growing need for governments and enterprises to understand what is authentic online, and its belief that it is building the commercial foundation to scale Cyabra and create long-term value for shareholders. These statements relate to future events and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in Cyabra's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. Cyabra undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. 1 GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

GAAP net loss of $10.8 million reflects approximately $5.2 million of share-based compensation and $3.4 million of one-time business-combination expenses; adjusted EBITDA loss was $3.2 million ARR increased 19% year-over-year to approximately $7.0 million, while revenue increased 12% year-over-year and gross margin expanded to approximately 86% Recent Fortune 500 agreement, expanded customer renewal, public-sector activity and strategic collaborations reflect early execution against Cyabra’s post-listing priorities: recurring revenue growth, scalable distribution, deeper platform adoption NEW YORK, May 15, 2026 (GLOBE NEWSWIRE) -- Cyabra, Inc. (Nasdaq: CYAB) ("Cyabra" or the "Company"), an AI-powered digital trust platform that helps governments and enterprises detect coordinated manipulation and protect digital trust and authenticity, today announced financial results for the first quarter ended March 31, 2026 and provided a corporate update. “Cyabra entered the public markets with clear commercial momentum, expanding customer adoption and a growing recurring revenue foundation,” said Dan Brahmy, Cyabra Co-Founder and Chief Executive Officer. “During the first quarter, revenue increased 12% year-over-year to approximately $1.4 million, annual recurring revenue (“ARR”) increased 19% year-over-year to approximately $7.0 million, and gross profit increased by 15% representing gross margins of about 86%, reflecting the strength of our high-margin platform model and the increasing relevance of our digital trust solutions across enterprise, public-sector and strategic collaboration channels. Since the beginning of the year, we have advanced several important commercial and strategic initiatives, including a major Fortune 500 consumer brand agreement, an expanded two-year customer renewal, strategic collaboration with Carahsoft, United Partners Network and Orchestra, and continued work with NATO StratCom COE. We have also focused on additional public-sector engagement designed to extend Cyabra’s reach into larger addressable markets. These developments reflect the execution of our strategy to expand recurring revenue, deepen platform adoption and broaden distribution through strategic collaborations. The first quarter marked Cyabra’s transition from a private-company to a publicly traded company. Cyabra has spent the last seven years building the technology, evidence corpus, and institutional credibility required to operate in environments where trust, security, and public perception are under attack. In late March 2026, we completed our business combination and began trading on Nasdaq. Our Q1 results reflect revenue and margin growth while also including certain non-cash and one-time transaction-related costs associated with that milestone, principally $5.2 million of share-based compensation expense and $3.4 million of one-time expenses tied to the business combination. Those costs should be viewed in the context of the operating momentum we are building: a recurring-revenue platform designed to help organizations distinguish authentic activity from coordinated manipulation by analyzing actors, behaviors and content, and translating that intelligence into actionable insights. Our strategy is to continue expanding recurring revenue through new customers, renewals, upsells, and broader platform adoption; convert strategic collaborations into scalable distribution; and continue enhancing Cyabra’s capabilities across authenticity analysis, narrative intelligence, synthetic media analysis and evidence-based mitigation,” Mr. Brahmy continued. “Our work supports organizations including NATO, Korea’s Ministry of Foreign Affairs, and multiple global enterprises, and our research has been cited across thousands of media reports covering some of the world’s high-profile examples of online manipulation. We are focused on positioning Cyabra as a leading digital trust platform that brings authenticity assessment, coordination detection, synthetic media analysis, impersonation monitoring and evidence-based mitigation into a unified platform for institutions. Our objective is to help organizations assess authenticity, identify coordinated activity, and determine what requires a proportionate response.” First Quarter 2026 Financial Highlights and Subsequent Commercial Developments ARR increased 19% year-over-year to approximately $7.0 million as of March 31, 2026, compared to approximately $5.9 million as of March 31, 2025 Revenue increased 12% year-over-year to approximately $1.4 million for the first quarter of 2026, compared to approximately $1.3 million for the first quarter of 2025 Gross margin expanded to approximately 86% for the first quarter of 2026, compared to approximately 84% for the first quarter of 2025 Secured a yearly agreement with a major Fortune 500 consumer brand supporting narrative analysis, proactive alerts, evidence-backed mitigation support and executive impersonation and fraud risk monitoring Signed expanded two-year customer renewal with a global entertainment management firm, expanding the scope of Cyabra's support to include real-time narrative and authenticity analysis, proactive threat alerts, impersonation monitoring and AI-generated misinformation monitoring NATO StratCom COE commissioned Cyabra to uncover AI-driven social media manipulation in a major 2026 report Announced collaboration with Carahsoft to deliver advanced disinformation detection solutions to the U.S. public sector Published analysis of an Iran-driven coordinated information operation that generated more than 145 million views online, with findings cited by The New York Times, Foreign Policy and additional international media outlets, demonstrating the scale and sophistication of coordinated manipulation activity across digital platforms Expanded public-sector footprint with a new European customer Announced strategic collaboration with Orchestra to deliver real-time brand safety at scale by combining Cyabra's AI-driven authenticity and narrative intelligence with Orchestra's communications and reputation expertise Announced strategic collaboration with United Partners Network to strengthen brand protection and combat disinformation across Europe Strengthened Board composition with the addition of leaders across national security, intelligence, diplomacy, public-company governance, cybersecurity, enterprise software and technology operations Completed business combination with Trailblazer Merger Corp. and commenced trading on Nasdaq under the ticker symbol "CYAB” Recent Product Developments Cyabra also continued to expand its platform capabilities with the launch of a new third-party integration scan flow, enabling customers to import and analyze data from leading social listening platforms directly in Cyabra, starting with Meltwater and Talkwalker. The new workflow is designed to allow customers to use Cyabra as an intelligence layer on top of existing social listening systems, helping teams better understand authenticity, narratives, authors, and visual content without replacing established workflows. Cyabra also expanded the depth and reach of its analysis capabilities with support for Douyin and WeChat, significantly increasing coverage across the Chinese-language social platforms; conflicting-location detection on X -- formerly Twitter -- to help identify profiles displaying inconsistent location signals that may indicate inauthentic or state-coordinated activity; harmful content and emotion detection to provide greater insight into amplified content and related sentiment and contextual framing; and a new Authenticity Benchmark that helps customers determine whether observed levels of inauthentic behavior are typical or anomalous compared to similar environments. Cyabra also introduced the News Claims Analysis module, a new capability that surfaces and analyzes claims circulating in news content and tracks how narratives move from online networks into mainstream media. The module is designed to give customers a structured view of how a narrative travels — from its origin in coordinated online activity through its absorption into traditional media channels — enabling earlier identification of narrative threats and more informed response decisions. News Claims Analysis represents a meaningful expansion of Cyabra's narrative intelligence capabilities and is part of the Company's broader strategy to unify authenticity analysis, coordination detection, synthetic media analysis and narrative intelligence into a single operating system for institutions. First Quarter 2026 Results Revenues for the three months ended March 31, 2026, were $1.4 million, an increase of $0.2 million, or 12%, compared to $1.3 million for the three months ended March 31, 2025. The increase was primarily attributable to revenue from new customers acquired during 2026 and increased revenue recognition from existing customers, which was partially offset by customers that did not renew their contracts in 2026. Cyabra’s ARR was $7.0 million as of March 31, 2026, compared to $5.9 million as of March 31, 2025. While year-over-year revenue grew by 12%, our ARR saw a more substantial increase of 19%. This performance reflects a strong surge in booking activity from new customers during the latter part of the last year. Due to revenue recognition rules, these deals only contributed marginally to this quarter’s top line. The growth in ARR serves as a key leading indicator for the accelerated revenue we expect to realize in the coming year. Gross profit for the quarter was $1.2 million, compared to $1.1 million in the prior-year period. Gross margin was over 86%, up from 84% in the first quarter of 2025, reflecting the Company's high-margin software model and continued efficiency in platform delivery. Operating expenses were $13.0 million, compared to $5.1 million in the first quarter of 2025. The increase was primarily attributable to non-cash share-based compensation expense of $5.2 million and one-time expenses related to the business combination of $3.4 million. Net loss for the three months ended March 31, 2026 was $10.8 million, an increase of $7.5 million, or 225%, compared to $3.3 million for the three months ended March 31, 2025, primarily as a result of share-based payment expenses of $5.2 million, and one-time non-recurring expenses of $3.4 million related to the business combination. Adjusted EBITDA loss was $3.2 million, compared to adjusted EBITDA loss of $2.6 million in the first quarter of 2025. In addition to our financial results determined in accordance with GAAP, we believe Adjusted EBITDA, as a non-GAAP measure, is useful in evaluating our operating performance. See the reconciliation of Net Loss to Adjusted EBITDA below. As of March 31, 2026, Cyabra had approximately $3.1 million in cash and cash equivalents. During the quarter, the Company completed its business combination and entered the public markets as it continued to advance commercialization of its digital trust platform. A reconciliation of GAAP to non-GAAP measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures." Market Opportunities and Strategic Priorities Enterprises, governments and public figures increasingly need to identify inauthentic networks, synthetic content, impersonation risk, coordinated influence and narrative attacks before they cause reputational, operational or public-trust damage. Cyabra is executing against this need as the authenticity and intelligence layer that operates alongside leading social listening, media monitoring and investigative platforms — adding evidence-based analysis of actors, behaviors and content without replacing established workflows. With its solutions, Cyabra enables customers to assess authenticity, identify coordinated activity, and determine what requires a proportionate response. Near-term priorities are focused on expanding recurring revenue, deepening adoption within existing customer relationships, converting strategic collaborations into scalable distribution, increasing penetration across enterprise and public-sector channels, and continuing to enhance Cyabra’s capabilities across narrative intelligence, authenticity analysis, synthetic content detection, impersonation monitoring and evidence-based mitigation. About Cyabra Cyabra is an AI-powered digital trust platform that helps governments, enterprises and public figures detect coordinated manipulation, understand online narratives and protect trust and authenticity in digital environments. Cyabra analyzes actors, behaviors and content across digital platforms to reveal coordinated influence activity, assess authenticity and enable evidence-based mitigation. The Company's platform supports use cases across disinformation defense, brand protection, public-sector intelligence, impersonation risk, synthetic content analysis and narrative threat detection. For more information please visit www.cyabra.com Forward-Looking Statements This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding Cyabra's intent, belief or expectations, including, but not limited to, statements regarding Cyabra's future results of operations and financial position, annual recurring revenue, expected revenue recognition, customer adoption, commercial momentum, platform capabilities, strategic collaborations, product development, market opportunity, competitive position, business strategy, public-company execution priorities and long-term stockholder value. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "target," "project," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. These statements relate to future events and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in Cyabra's filings with the Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, among others, those described under the heading “Risk Factors” in Cyabra’s filings with the SEC. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. Cyabra undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Contact Investors: [email protected] | Media: [email protected] Non-GAAP Financial Measures This release includes financial measures that are not prepared in accordance with U.S. GAAP. Management uses these non-GAAP measures internally to evaluate ongoing operating performance and believes they provide investors with additional insight when used as a supplement to GAAP measures. Non-GAAP measures should not be considered in isolation from, or as a substitute for, GAAP measures. A reconciliation of GAAP to non-GAAP measures is provided in the financial tables included in this release. Cyabra uses annualized recurring revenues (“ARR”) as a performance metric in managing its business. Cyabra defines ARR as of a specific date as the annualized recurring revenue of signed term-based contracts from all customers with a term of at least 12 months. ARR is calculated by dividing the total contract value of each signed contract with a term of at least 12 months by the number of years in the term. ARR represents the annualized contract value for all contractually binding term-based contracts at the end of a period. Management uses ARR to understand customer trends and the overall health of Cyabra’s business, helping it to formulate strategic business decisions In addition to our financial results determined in accordance with GAAP, we believe Adjusted EBITDA, as a non-GAAP measure, is useful in evaluating our operating performance. We use Adjusted EBITDA to evaluate our ongoing operations. We believe that this non-GAAP financial measure, when taken together with the corresponding GAAP financial measures, provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our business, results of operations or outlook. In particular, we believe that the use of Adjusted EBITDA is helpful to our investors as it is a metric used by management in assessing our operating performance. Non-GAAP Financial Measure The Company uses Adjusted EBITDA as a non-GAAP financial measure in evaluating its operating performance. Adjusted EBITDA is not a financial measure calculated in accordance with GAAP and should not be considered as a substitute for net loss or any other financial measure calculated in accordance with GAAP. The Company believes Adjusted EBITDA provides useful supplemental information to investors and others in understanding and evaluating its operating results in the same manner as management. Footnotes: (1) Represents non-cash charges associated with stock-based compensation expense, which is a significant recurring expense in the Company’s business and an important part of its compensation strategy. (2) Represents non-recurring costs related to the Business Combination, including bonus expenses to several employees in connection with the Business Combination.