Is CHT Security profitable?

Yes. CHT Security reported FY2025 revenue of roughly NT$1.97 to 2.05 billion with net income around NT$430 to 452 million, and Q1 2026 net income of NT$137 million, up 11% year over year, per its own earnings release and stockanalysis.com data as of March 31, 2026.

Who owns CHT Security?

CHT Security is majority owned by Chunghwa Telecom, Taiwan's largest telecom and ISP, but trades separately on the Taipei Exchange under ticker 7765. It is not VC or PE funded; its capital comes from public market share issuance rather than startup funding rounds.

Could AI replace CHT Security's cybersecurity services?

AI can automate lower tier SOC triage and log analysis, a threat rival CyCraft targets with its XecGuard model launched July 2025. But CHT Security's telco distribution, seven consecutive years of Taiwan's top government trust rating, and proprietary network data are harder for AI alone to displace as of mid-2026.

Who is CHT Security's biggest competitor?

CyCraft Technology is the most watched Taiwan rival, having launched its XecGuard 3B parameter AI defense model in July 2025 and earned Gartner AI Reasoning Models sample-provider recognition in 2026. As of mid-2026 there is no public evidence CyCraft has taken marquee accounts from CHT Security.

What is CHT Security's stock ticker and where does it trade?

CHT Security trades on the Taipei Exchange under ticker 7765. Its market cap ranged roughly NT$9 to 13 billion across 2025 to 2026, falling to about NT$9.0 to 9.2 billion by July 2026 from NT$11.6 to 13.3 billion in 2025, per stockanalysis.com.

Is CHT Security expanding internationally?

Yes, CHT Security made its first appearance at RSAC 2026 in San Francisco in late March 2026 and Japan IT Week in early April 2026, promoting its proprietary SecuTex NP and SecuTex ED products, and cited new overseas semiconductor and financial sector contracts in its Q1 2026 results.

Cybersecurity companies · subsidiary of Chunghwa Telecom Co., Ltd. · Taiwan

CHT Security

chtsecurity.com ↗

Cybersecurity arm of Chunghwa Telecom, running Taiwan's largest MSSP for consumers, SMEs, and government.

Hard to displace

Assessed 25 July 2026 · Evidence as of 25 July 2026

Strong structural protection; the business model survives ai pressure.

On the recordSince 25 July 2026 · Checkable from Q3 2026 · Every call on the record Checkpoint: Next quarterly earnings report

The call

CHT Security's edge sits in the telecom bundle and the government's trust list, not in its software, so an AI-native rival has to break into channels no algorithm can shortcut.

CHT Security sells threat monitoring and defense services to businesses and government agencies in Taiwan, making about 2 billion dollars a year with healthy profits. It is hard to replace because it has two real advantages: it can reach customers through Taiwan's biggest phone company (which owns its parent), and the government prefers to buy from a Taiwan-based company for national security reasons. A rival called CyCraft just released an AI-powered defense tool in mid-2025, but there is no proof yet that it is taking away CHT's actual customers, and global competitors like Palo Alto are locked out of the phone-company deals. The one thing that could change everything is if CyCraft or another AI-native company wins over major government or enterprise clients in the next year or two, or if CHT fails to grow outside Taiwan.

Why

AI pressure: CyCraft (XecGuard AI-defense model). CyCraft shipped a 3B-parameter AI defense model in mid-2025 and gets analyst attention as the AI-native option, but hasn't taken named accounts from CHT yet. Could AI do the core job? Only partly.

Bigger players: Trend Micro, Fortinet, Palo Alto Networks, CrowdStrike. Global vendors sell more cybersecurity worldwide but can't get inside Chunghwa Telecom's broadband bundle or Taiwan's sovereign-trust procurement channel. Could a giant copy it? No, they are blocked.

What protects it. Bundled distribution through Chunghwa Telecom's 350,000+ household and 20,000+ SME broadband base, plus seven straight years as Taiwan's top-rated government cybersecurity vendor.

What would change this call

CyCraft announces a named Taiwan government or critical-infrastructure contract win. Would show CHT Security's sovereign-trust moat starting to erode.
CHT Security's Executive Yuan A-level rating renewal outcome (annual review). Loss of top rating would remove a key regulatory-trust barrier protecting CHT.
CHT Security's next earnings report (~6 months) shows revenue growth rate slowing versus prior quarters. Would indicate pricing pressure or share loss in Taiwan MDR market.

Key numbers

Q1 2026 revenue NT$597M, up 16% YoY (2026-03-31)
7 straight years at Executive Yuan A-level rating (2022)
367 employees (2026-07-21)

Named risks

CyCraft or other AI-native rival wins a marquee Taiwan government or critical-infrastructure contract from CHT Security. Severity: medium
Loss of Executive Yuan A-level sovereign trust rating held for seven consecutive years. Severity: high
Chunghwa Telecom decides to unbundle or spin down the subsidiary, removing captive distribution. Severity: medium
AI-native automation compresses pricing in Taiwan MDR/SOC market, eroding margins. Severity: medium
Overseas expansion push (RSAC 2026, Japan IT Week) fails to produce material traction within 6 months. Severity: low

Rivals, as read in July 2026

Rival	Direction	Evidence
CyCraft Technology	contesting	Launched XecGuard 3B-parameter AI defense model July 2025, Gartner sample provider 2026, no confirmed CHT account losses yet
Trend Micro / Fortinet / Palo Alto / CrowdStrike	losing to	Structurally locked out of Chunghwa Telecom bundled distribution and sovereign trust preference channels
TeamT5	gaining on	Raised Series A led by JAFCO Asia in 2022 for Japan expansion, competing in APT threat intelligence niche
DEVCORE	contesting	Competes in red-team/offensive security niche known for ProxyLogon/ProxyShell research

Questions people ask

Is CHT Security profitable?: Yes. CHT Security reported FY2025 revenue of roughly NT$1.97 to 2.05 billion with net income around NT$430 to 452 million, and Q1 2026 net income of NT$137 million, up 11% year over year, per its own earnings release and stockanalysis.com data as of March 31, 2026.
Who owns CHT Security?: CHT Security is majority owned by Chunghwa Telecom, Taiwan's largest telecom and ISP, but trades separately on the Taipei Exchange under ticker 7765. It is not VC or PE funded; its capital comes from public market share issuance rather than startup funding rounds.
Could AI replace CHT Security's cybersecurity services?: AI can automate lower tier SOC triage and log analysis, a threat rival CyCraft targets with its XecGuard model launched July 2025. But CHT Security's telco distribution, seven consecutive years of Taiwan's top government trust rating, and proprietary network data are harder for AI alone to displace as of mid-2026.
Who is CHT Security's biggest competitor?: CyCraft Technology is the most watched Taiwan rival, having launched its XecGuard 3B parameter AI defense model in July 2025 and earned Gartner AI Reasoning Models sample-provider recognition in 2026. As of mid-2026 there is no public evidence CyCraft has taken marquee accounts from CHT Security.
What is CHT Security's stock ticker and where does it trade?: CHT Security trades on the Taipei Exchange under ticker 7765. Its market cap ranged roughly NT$9 to 13 billion across 2025 to 2026, falling to about NT$9.0 to 9.2 billion by July 2026 from NT$11.6 to 13.3 billion in 2025, per stockanalysis.com.
Is CHT Security expanding internationally?: Yes, CHT Security made its first appearance at RSAC 2026 in San Francisco in late March 2026 and Japan IT Week in early April 2026, promoting its proprietary SecuTex NP and SecuTex ED products, and cited new overseas semiconductor and financial sector contracts in its Q1 2026 results.

Timeline

2026-05-07CHT Security participates in CYBERSEC 2026 Taipei, sessions on AI blue-team job risk
2026-04-01Exhibits at Japan IT Week promoting SecuTex NP and SecuTex ED products
2026-03-31Q1 2026 revenue NT$597M (+16% y/y), net income NT$137M, record EPS NT$3.38
2026-03-01March 2026 monthly revenue NT$223M, up 48% month over month, 23% year over year
2026-03-01First-time exhibitor at RSAC 2026 in San Francisco
2025-07-15Rival CyCraft launches XecGuard 3B-parameter AI defense model
2025-05-01Taiwan Cabinet approves NT$8.8 billion four-year cybersecurity resilience plan
2023-11-20SEC 6-K discloses CHT Security lease of right-of-use offices from parent Chunghwa Telecom
2017-12-14CHT Security incorporated in Taipei, spun from Chunghwa Telecom's HiNet SOC unit

Revision history

25 July 2026

First assessed. Hard to displace. The text above is fixed as of this date and is not edited afterwards.

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