| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.89 | 50.0% |
| Total Income | 0.89 | 50.0% |
| Expenditure | 4.46 | 15.3% |
| PBT | — | |
| Net Profit | -3.56 | 69.5% |
| OPM | — | |
| NPM | — | |
| EPS | -0.18 | 63.6% |
Intrusion Inc. Reports Q1 2026 Results; Revenue Decreased 50% Y-o-Y
15 May 2026 · 15 May, 1:44 am
Summary
Intrusion Inc. announced its financial results for the first quarter ended March 31, 2026. Revenue for the quarter was approximately $0.9 million, representing a 50% decrease compared to the same period last year, primarily due to delays in a key U.S. government contract. The gross profit margin was 74%. The company remains optimistic about recovering revenue in future periods and achieving profitability by the end of the fiscal year, supported by new contracts and partnerships.
Key Highlights
- 1
Intrusion Inc. reported a revenue of approximately $0.9 million for the first quarter of 2026, a 50% decrease year-over-year.
- 2
The company secured a $4 million contract to deliver cyber threat intelligence to a state government agency.
- 3
A $3 million secured financing agreement was entered into to strengthen the company's liquidity position.
- 4
Gross profit margin for the first quarter of 2026 was 74%, slightly down from the prior year period.
- 5
Net loss for the first quarter of 2026 was $3.6 million, or $(0.18) per share.
- 6
As of March 31, 2026, cash and cash equivalents totaled $1.4 million.
Management Comments
Tony Scott
Our first quarter results primarily reflect the timing impact of the previously disclosed contract extension delay related to our critical infrastructure technology with the Department of War that was driven by federal funding and procurement delays. We expect to recover this revenue in future periods as federal funding resumes and procurement activity returns to more typical levels. Furthermore, we continue to remain confident that we will see further expansion of our critical infrastructure solution both domestically and internationally with the Department of War throughout 2026 and beyond. As we look ahead to the remainder of fiscal year 2026, we are optimistic that we will see an improvement in our financial results. This is supported by strengthening sales momentum, including broader adoption of the P.O.S.S.E Program through our partnership with PortNexus, and the recent award of a $4 million contract to provide our cyber threat intelligence and critical infrastructure protection solutions to a state government agency. These developments give us great confidence that Intrusion remains on track to achieve profitability by the end of the fiscal year and deliver value for our shareholders.
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