Actelis Networks, Inc. reported second quarter 2026 financial results showing revenue of $1.1 million, a 20% year-over-year increase from $0.9 million in the prior period. Gross margin expanded significantly to 51% from 32% in the second quarter of 2025, driven by an improved software and services mix. The company reported a net loss of $1.4 million, or $(0.05) per share, compared to a net loss of $1.9 million in the prior year period. Actelis continues to execute cost-reduction initiatives targeting $1 million in annualized savings and is advancing structural steps for a potential Nasdaq relisting, including an authorized reverse stock split ranging from 1-for-10 to 1-for-25. The company also amended its equity line of credit with a capacity of up to $30 million. Actelis Networks operates in the telecommunications industry, providing cyber-hardened hybrid fiber networking solutions for IoT and broadband applications.
