earnings
confidence high
sentiment negative
materiality 0.65
Intrusion Q2 revenue $1.5M (up 64% sequentially, down 22% YoY); net loss $2.6M
INTRUSION INC
- Revenue $1.5M in Q2 2026, up 64% sequentially but down 22% YoY; gross margin 66% vs 74% Q1 and 76% prior year.
- Net loss $2.6M ($0.13/share) vs $2.0M ($0.10) in Q2 2025; cash and equivalents $0.2M as of June 30, 2026.
- Completed VigilAigent acquisition adding ~$3.5M annual recurring revenue from multi-year contracts; >$3M potential annualized cost synergies identified.
- Signed $4M annual contract to deliver cyber threat intelligence and critical infrastructure protection to state of Texas.
- Management expects steady improvement and targets transition to profitability in fiscal year 2027.