WALLIX Reports Strong Q1 Performance in 2026

WALLIX, a European cybersecurity leader, reported a 21.0% rise in monthly recurring revenue (MRR), reaching €2.6 million as of March 2026. The company also noted a 14.6% increase in Q1 turnover to €9.7 million, with recurring business making up 82.7% of this figure. Despite geopolitical challenges, WALLIX confirms its 2026 targets of hypergrowth in recurring business, positive operating earnings, and free cash flow.

Jean-Noël de Galzain, CEO, emphasized the importance of cybersecurity in current geopolitical climates, underlining the integration of regulations like NIS2 and Dora in Europe. The firm is aiming to become a top European cybersecurity provider, expanding its footprint globally.

The report detailed strong growth in strategic regions, with France and the EMEA regions showing significant increases in MRR. The company's shift to subscription models fuels growth, despite the challenging environment.