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TechAI Analysis

Transparency or Window Dressing? NSO Group Transparency Report 2025 Revealed

2 min readSource

NSO Group's 2025 transparency report lacks the critical statistics of previous years. Analyze how this document fits into their strategy to exit the U.S. Entity List.

Is it really transparency if the data is missing? NSO Group, the controversial maker of Pegasus spyware, released its latest transparency report on January 7, 2026. While the company claims to be entering a "new phase of accountability," critics argue the document is a hollow attempt to lobby the U.S. government.

NSO Group Transparency Report 2025: Where are the Stats?

According to TechCrunch, the 2025 report lacks the granular detail found in previous annual disclosures. In prior years, NSO Group provided specific numbers on customer rejections and contract terminations due to human rights concerns. This year, those metrics have vanished, replaced by broad promises of ethical conduct.

YearKey Statistics DisclosedImpact
20215 customers disconnected$100 million estimated loss
2022-20236 customers suspended/terminated$57 million revenue loss
2024$20 million in business rejected3 misuse investigations
2025None providedGeneral accountability claims only

A Strategic Pivot to the U.S. Market

The timing of this report isn't accidental. NSO Group has been intensifying its efforts to be removed from the U.S. Entity List. Following its acquisition by a group of U.S. investors, the company appointed David Friedman, a former Trump administration official, as executive chairman. This leadership shakeup, combined with the vague report, is seen by experts like those at Access Now as a calculated move to win over Washington.

Nothing in this document allows outsiders to verify NSO’s claims, which is business as usual from a company that has a decade-long history of misrepresentation.

John Scott-Railton, Senior Researcher at The Citizen Lab

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