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PR Newswire
15 min read
Revenue growth of 16% and SECaaS ARR increases 41% year-over-year
HOD HASHARON, Israel, Nov. 12, 2026 /PRNewswire/ — Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative Security-as-a-Service (SECaaS) and network intelligence solutions for communications service providers and enterprises, today announced its unaudited financial results for the third quarter of 2026.
Financial Highlights for the Third Quarter of 2026
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Strong revenue growth to $30.6 million, up 16% year-over-year;
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Security-as-a-Service (SECaaS) revenues of $9.9 million, increasing 37% year-over-year;
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September 2026 SECaaS ARR* of $38.8 million, up 41% year-over-year;
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GAAP operating income of $2.8 million, compared with $2.2 million in the third quarter of 2025;
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Non-GAAP operating income of $3.9 million compared with $3.7 million in the third quarter of 2025;
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Operating cash flow of $7.4 million, up 85% compared with $4.0 million in the third quarter of 2025.
Management Comment
Eyal Harari, CEO of Allot, commented, ” This quarter demonstrated continued excellent execution and showed the strength of our business model. Allot is now a sustainably profitable company, and we continue to expand our profitability as we grow our business. We delivered a strong third quarter, combining double-digit revenue growth with improved profitability and robust cash generation. Growth was driven by both SECaaS and SMART solutions, that are both now showing double-digit year-over-year revenue increases. The SMART product growth follows our high level of backlog which we are converting into revenue, following our recent significant wins.”
Mr. Harari added, “SECaaS ARR continues to grow strongly at 41% year-over-year, further building our recurring revenue base and our visibility into the quarters ahead. We continue to innovate to find new ways to protect consumers, as demonstrated with our recent launch of Allot IOT security. As threat actors use AI to target individuals and businesses at-scale, it is becoming more critical for service providers to provide a layer of protection for their end-customers, supporting demand for cyber-security solutions.”
Mr. Harari concluded, “Given the momentum, we are raising the midpoint of our guidance for 2026 and narrowing the range to between $116 million and $118 million. We also expect SECaaS revenue growth for 2026, to be above 40%.”
Third Quarter 2026 Financial Results Summary
Total revenues for the third quarter of 2026 were $30.6 million, a 16% increase year-over-year compared with $26.4 million in the third quarter of 2025.