SSH Communications Security Corporation | Inside Information | January 02, 2026 at 09:30:00 EET
SSH Communications Security lowers its outlook for net sales due to reduced license sales during Q4 and a weaker US dollar. Our outlook for positive EBITDA and cash flow from operating activities remains unchanged. Subscription sales are expected to have grown approximately 10% in 2025.
"The strategic partnership and investment agreement with Leonardo S.p.A, announced on July 1, 2025, successfully closed on October 21, 2025. Since closing, we have focused on aligning with Leonardo on common goals and training their personnel during Q4, which delayed new sales and recognized revenue for 2025. We now expect the partnership to generate meaningful revenue growth in 2026," says CEO Rami Raulas.
New guidance for 2025:
Rami Raulas
CEO
For further information:
Michael Kommonen, CFO, tel. +358 40 183 5836, email Michael.Kommonen@ssh.com
Distribution:
Major media
www.ssh.com
About SSH
SSH is a leading defensive cybersecurity company that secures communications between humans, systems, and networks. We specialize in Zero Trust Privileged Access Controls and Quantum Safe Network Security. Our customers include a diverse range of enterprises, from multiple Fortune 500 companies to SMBs across various sectors such as Finance, Retail, Technology, Industrial, Healthcare, and Government. 25% of Fortune 100 companies rely on SSH's solutions.?Recent strategic focus has expanded SSH business to Defence, Critical Infrastructure Operators, Manufacturing OT Security and Public Safety.
Leonardo S.p.A invested 20.0 million EUR in SSH, becoming the largest shareholder of the company. SSH solutions form a Center of Excellence for Zero Trust privileged access management and quantum-safe network encryption in Leonardo - a global industrial group that creates multi-domain technological capabilities in the Aerospace, Defence and Security sector with 17.8 billion EUR revenue in 2024. SSH company's shares (SSH1V) are listed on Nasdaq Helsinki.
