The $6 million award and strong revenue visibility support near-term revenue stability and growth expectations. Traders should monitor upcoming 10-Q filings for confirmation of revenue recognition from this contract and any updates to backlog conversion rates.
Price Chart
Executive Summary
Cycurion announced a $6 million multi-year contract award from a major U.S. municipality under an IDIQ agreement, expanding its presence in the state and local government sector. The contract includes three base years and two funded one-year options, contributing to the company's reported $112 million contracted backlog. Management highlighted $15–17 million in firm revenue visibility for each of the next three years.
Key Financial Metrics
Key Facts
- Cycurion awarded a $6 million IDIQ contract by a major U.S. municipality.
- Contract includes a 3-year base term and two funded 1-year option periods.
- Company reports $112 million in total contracted backlog.
- Firm revenue visibility of $15–17 million annually for 2026, 2027, and 2028.
- Services include cybersecurity, IT solutions, data analytics, and management consulting.
Financial Impact
$6 million contract value; $15–17 million in firm revenue annually through 2028
Risk Factors
- IDIQ contracts depend on task orders for actual revenue realization; future funding is not guaranteed.
- Forward-looking statements carry uncertainty, particularly around backlog conversion and growth projections.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3281623 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 8, 2026 24d ago | 8-K | $3.51 $3.36 | ▼ −4.27% | ▼ −3.61% | $3.82 (+8.83%) |
Aug 28, 2026 5w ago | 8-K | $3.85 $3.54 | ▼ −8.05% | ▼ −8.16% | $3.82 (−0.78%) |
Aug 28, 2026 5w ago | 8-K | $3.85 $3.54 | ▼ −8.05% | ▼ −8.16% | $3.82 (−0.78%) |
Aug 26, 2026 5w ago | Press Release | $0.4586 $3.03 | ▼ −560.71% | ▼ −560.83% | $3.82 (−732.97%) |
Aug 26, 2026 5w ago | Press Release | $0.4586 $3.03 | ▲ +560.71% | ▲ +560.83% | $3.82 (+732.97%) |
Aug 19, 2026 6w ago | 8-K | $5.54 $3.67 | ▼ −33.67% | ▼ −33.28% | $3.82 (−31.00%) |
Aug 18, 2026 6w ago | 8-K | $5.54 $3.67 | ▼ −33.67% | ▼ −33.28% | $3.82 (−31.00%) |
Aug 14, 2026 7w ago | 8-K | $0.6850 $0.6539 | ▼ −4.54% | ▼ −3.17% | $3.82 (+457.66%) |
Aug 14, 2026 7w ago | Press Release | $0.6850 $0.6539 | ▼ −4.54% | ▼ −3.17% | $3.82 (+457.66%) |
Aug 12, 2026 7w ago | 8-K | $4.96 $5.54 | ▲ +11.61% | ▲ +12.06% | $3.82 (−22.98%) |
US Market Status
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