The cybersecurity firm reported a 1.1% year-over-year revenue increase but widened its net loss for the quarter.
SideChannel reported a third-quarter GAAP loss of $0.03 per share on revenue of $1.8 million, up 1.1% from the same period last year. Gross margin improved to 54.9%, a 790 basis point increase over the 47.0% margin in fiscal 2025.
Operating expenses rose by $18 thousand, or 1.6%, compared to the prior fiscal year. Trailing twelve-month revenue retention reached 68.2% as of June 30, 2026, up from 63.6% at the end of September 2025.
Cash and short-term investments declined by $839 thousand, ending the quarter at $326 thousand.