Allot raises 2026 revenue outlook, approves $40 million buyback after Q2 revenue rises 15%
Allot Ltd. said second-quarter revenue rose 15% year over year, lifted its 2026 revenue forecast and approved a $40 million share repurchase program.
Allot Ltd. reported second-quarter 2026 revenue of $27.7 million, up 15% from a year earlier, and said it is raising its full-year revenue guidance to $115 million-$118 million while approving a $40 million share repurchase program.
The company said the quarter was its fourth straight period of double-digit growth. It also said revenue in North America was strong and expects security-as-a-service, or SECaaS, revenue to grow 40% or more in 2026.
Allot said it ended the quarter with $107 million in cash, bank deposits, restricted deposits and investments, up from $88 million at the end of 2025.
On a profit basis, Allot said GAAP gross profit was $19.8 million, with a 71.3% margin, compared with $17.3 million and 72.1% a year earlier. Non-GAAP gross profit was $19.9 million, with a 71.8% margin, compared with $17.6 million and 73.4% in the second quarter of 2025.
GAAP operating income was $1.1 million, compared with a $0.4 million operating loss a year earlier. Non-GAAP operating income was $2.7 million, up from $1.2 million. GAAP net income was $2.6 million, or $0.05 per diluted share, compared with a $1.7 million net loss, or $0.04 per share, in the prior-year quarter. Non-GAAP net income was $4.6 million, or $0.09 per diluted share, versus $1.5 million, or $0.03 per share.
Operating cash flow was $8.5 million, compared with $4.0 million in the second quarter of 2025.
CEO Eyal Harari said North American revenue strength was encouraging and cited the fourth straight quarter of double-digit growth. The release did not include additional commentary on the repurchase plan beyond the board’s approval at the end of the second quarter.
Allot said its platforms are deployed by more than 500 mobile, fixed and cloud service providers and more than 1,000 enterprises worldwide, and that its network-native security-as-a-service offering is used by many millions of subscribers globally.
The company said it scheduled a conference call for Aug. 12, 2026, at 8:30 a.m. ET, 1:30 p.m. UK time and 3:30 p.m. Israel time. A live webcast and later archive were to be available on its investor website.
Sources
Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
View the Web StoryA visual, tap-through version of this reportThis is the AMP version of the article. Read the full article on Atlas Watchline.