Quarterly ResultAug 11, 2026, 04:13 PM
Intrusion Q2 Revenue $1.5M; Acquires VigilAigent for $3.5M ARR
AI Summary
Intrusion Inc. reported Q2 2026 revenue of $1.5 million, marking a 64% sequential increase but a 22% year-over-year decrease, impacted by delays in a key U.S. government contract. The company completed the acquisition of VigilAigent, which is expected to add $3.5 million in annual recurring revenue and identified over $3 million in potential annualized operating cost synergies. Despite a net loss of $2.6 million, Intrusion Inc. remains optimistic about transitioning to profitability in fiscal year 2027, citing improved revenue quality and visibility.
Key Highlights
- Q2 2026 Revenue was $1.5M, up 64% sequentially, down 22% YoY.
- Acquired VigilAigent, adding $3.5M in annual recurring revenue.
- Identified over $3M in potential annualized operating cost synergies from acquisition.
- Signed a $4M annual contract for cyber threat intelligence with the state of Texas.
- Gross profit margin was 66% for Q2 2026.
- Operating expense was $3.4M, a sequential decrease of $0.8M.
- Net loss was $2.6M, or $(0.13) per share for Q2 2026.
- Cash and cash equivalents were $0.2M as of June 30, 2026.
- Company aims to achieve profitability in fiscal year 2027.
Price Impact
More from INTZ