Key Points – Revenue growth accelerated in Q1, with Allot reporting $26.4 million in revenue, up 14% year over year, marking its third straight quarter of double-digit growth.
Management said strength in its cybersecurity-first strategy, especially SECaaS, is supporting a mid-teens growth outlook. – SECaaS is becoming a bigger driver of the business, with revenue rising 71% to $8.7 million and reaching 33% of total revenue
SECaaS annual recurring revenue climbed to $33.7 million, and the company expects at least 40% growth in SECaaS revenue for 2026. – Profitability and cash flow improved sharply, as non-GAAP operating income rose to $2.6 million and operating cash flow hit a quarterly record of $10.6 million. Allot ended the quarter with $98 million in cash and no debt, and it reaffirmed full-year 2026 revenue guidance of $113 million to $117 million. – Falling Fast, Rising Soon? 3 Stocks With Upside Ahead Allot (NASDAQ:ALLT) reported a stronger start to 2026, with management pointing to accelerating revenue growth, expanding cybersecurity revenue and record operating cash flow during the company’s first-quarter earnings call. Chief Executive Officer Eyal Harari said first-quarter revenue rose 14% year over year, marking the company’s third consecutive quarter of double-digit revenue growth.
He attributed the performance to Allot’s “cybersecurity-first strategy,” particularly growth in its Security as a Service, or SECaaS, business. – Top 3 High-Momentum Companies Analysts Are Still Bullish On “We clearly have transformed Allot into a profitable growth company,” Harari said, adding that stronger visibility into recurring revenue gives the company confidence in maintaining a mid-teens revenue growth trajectory over the coming year. SECaaS Becomes Larger Share of Revenue Chief Financial Officer Liat Nahum said Allot generated $26.4 million in first-quarter revenue, up 14% from the prior-year period. SECaaS revenue totaled $8.7 million, up 71% year over year, and…