• Circus cut FY2026 revenue guidance to EUR 5.2 million from a previously forecast EUR 44 million to EUR 55 million.
• FY2026 EBITDA is now seen at about EUR -17 million versus a prior outlook of EUR -6 million to EUR -8 million.
• The reset reflects a slower pace of new deployments, with rollouts planned for H2 shifted into FY2027 as onboarding costs lag planned unit economics.
• FY2026 revenue compares with EUR 1.6 million in the prior year; EBITDA compares with EUR -18.8 million.
• Continued elevated R&D spend is expected, with deployments prioritized for institutional and defense customers, including a Ukraine market entry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Circus SE published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2366566_en) on July 16, 2026, and is solely responsible for the information contained therein.