Genians (263860) Q1 2026 earnings summary

Executive summary

• Achieved Q1 2026 consolidated revenue of KRW 11,740 million, with 21 consecutive years of profitability and a 22.4% CAGR in sales from 2005 to 2025.

• Maintains leadership in network access control (NAC), endpoint detection and response (EDR), and zero trust (ZTNA) security solutions, with expanding global presence in the US, Middle East, and India.

• Recognized for technological excellence and market influence, including selection as a 'KOSDAQ Rising Star' and multiple industry awards.

Financial highlights

• Q1 2026 revenue: KRW 11,740 million (down from KRW 48,381 million in FY2025 Q1).

• Operating income: KRW 1,742 million; net income: KRW 1,968 million; basic EPS: KRW 227.

• Gross margin: 32.2% (KRW 3,775 million gross profit on KRW 11,740 million revenue).

• Cash and cash equivalents at period end: KRW 10,003 million.

• Dividend payout ratio: 34.7% in 2025, with cash dividend per share of KRW 300.

Outlook and guidance

• Anticipates increased corporate cybersecurity investment in 2026, driven by AI-based threats, regulatory tightening, and high-profile hacking incidents.

• Focus on expanding managed security services (MDR), cloud-based NAC, and zero trust solutions domestically and internationally.