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Intelligent Protection Management (IPM) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 11, 2026 · Intelligent Protection Management (IPM) Q2 2026 earnings results →

Q2 2026 Revenue up 13% year over year to $6.5M · 21¢ of every $1 of revenue lost · operating margin -23.4%

Intelligent Protection Management made $6.5M in Q2 2026 (+13% Y/Y): Managed information technology $3.8M, Procurement revenue $2.0M, Professional services revenue $363K. Operating margin -23.4%, net loss $1.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2026.

Revenue$6.5M
Year over year+13%
Operating margin-23.4%
Net earnings−$1.4M
Operating cash flow−$591K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $6.5M in Q2 2026, up 13% year over year and up 2% from the previous quarter. Managed information technology was the largest line at 59% of revenue. Procurement revenue added $799K year over year (up 64%), 108% of the total change. Professional services revenue declined 47%.

Operating costs exceeded revenue by $1.5M, an operating margin of -23.4%. Total costs grew 16% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+33%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $660K loss.

Operating cash flow was −$591K. Non-cash charges added back $478K of depreciation and amortization and $42K of share-based compensation. Working capital and other items added $241K. Capital expenditures of $8K exceeded it, leaving free cash flow of −$599K.

Quarterly history

Intelligent Protection Management revenue by quarterIntelligent Protection Management revenue by quarter$5.5MQ1 2025$5.7MQ2 2025$6.2MQ3 2025$6.1MQ4 2025$6.4MQ1 2026$6.5MQ2 2026
Intelligent Protection Management net earnings by quarterIntelligent Protection Management net earnings by quarter$809KQ1 2025−$1.1MQ2 2025−$1.1MQ3 2025−$632KQ4 2025−$660KQ1 2026−$1.4MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 11, 2026$6.5M+13%-23.4%−$1.4M−$591K
Q1 202610-QMay 12, 2026$6.4M+15%-12.1%−$660K−$196K
Q4 202510-KMar 17, 2026$6.1M22×-13.4%−$632K$88K
Q3 202510-QNov 12, 2025$6.2M23×-23.0%−$1.1M$133K
Q2 202510-QAug 12, 2025$5.7M21×-19.7%−$1.1M−$889K
Q1 202510-QMay 14, 2025$5.5M20×-24.2%$809K$1.7M

Charts

Intelligent Protection Management: revenue growth, year over year and quarter over quarterIntelligent Protection Management: revenue growth, year over year and quarter over quarterY/YQ/Q+400%Q1 2025+400%+4%Q2 2025+400%+9%Q3 2025+400%-2%Q4 2025+15%+4%Q1 2026+13%+2%Q2 2026
Latest (Q2 2026): Y/Y +13%, Q/Q +2%.
Intelligent Protection Management: where the cash came from (+) and went (−), TTM to Q2 2026Intelligent Protection Management: where the cash came from (+) and went (−), TTM to Q2 2026Cash drawn (+) / kept (−)$817KOperating cash flow−$566KOther financing−$172KCapital spending−$79K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Intelligent Protection Management: profit against cash, quarter by quarterIntelligent Protection Management: profit against cash, quarter by quarterNet incomeOperating cash flow−$1.5M−$780KQ3 2024−$5.5M−$1.5MQ4 2024$809K$1.7MQ1 2025−$1.1M−$889KQ2 2025−$1.1M$133KQ3 2025−$632K$88KQ4 2025−$660K−$196KQ1 2026−$1.4M−$591KQ2 2026
Latest (Q2 2026): Net income −$1.4M, Operating cash flow −$591K.
Intelligent Protection Management: diluted shares by fiscal yearIntelligent Protection Management: diluted shares by fiscal year7MFY20208MFY202110MFY20229MFY20239MFY202413MFY2025
+90.9% since FY2020: more shares outstanding (issuance, stock pay).
Intelligent Protection Management in its industry: growth against margin (51 companies, SIC 7370)Intelligent Protection Management in its industry: growth against margin (51 companies, SIC 7370)revenue growth, year over year →↑ operating marginmedian +9%median -1%GOOGLMETASPCXFLUTAPPSNAPZMPINSNIQMTCHSABRTTDRXTFDSTBLATRIPPPLITEMDOCNCSQRTEADEVERBMBLDVMGNIGRNDZIPDSPHSTMNXDRPUBMHCATRUMBLNDCDLXSSTCEVAYYAIPODCGOAIDJTCSAIIPDNCNETTWAVTRSOMITIRMXIGITSBBLRIPM (+13%, -23%)
Services-Computer Programming, Data Processing, Etc.; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Buys from

About Intelligent Protection Management

We provide a comprehensive range of IT-related services, including managed IT security services, secure private cloud hosting, managed backup and disaster recovery, professional services, procurement services, web hosting, and other related services including consulting and implementing technology solutions for large enterprise and commercial clients across the United States as well as small-and-medium sized businesses. We also offer and support our ManyCam software, which is a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing apps and distance learning tools. We have an over 20-year history of technology innovation and hold eight patents.

In its own words, from its 10-K, filed Mar 17, 2026.

Intelligent Protection Management against its Services-Computer Programming, Data Processing, Etc. peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +13% against the peers' median +14%. Operating margin: -23.4% against the peers' median 19.1%.

CompanyQuarterRevenueY/YOp. margin
IPM Intelligent Protection ManagementQ2 2026$6.5M+13%-23.4%
GOOGL AlphabetQ3 2026$127.6B+25%31.8%
META Meta PlatformsQ3 2026$64.6B+26%20.1%
SPCX Space Exploration TechnologiesQ3 2026$14.6B+161%19.1%
FLUT Flutter EntertainmentQ3 2026$3.9B+2%-30.7%
APP AppLovinQ3 2026$2.2B+56%78.2%
SNAP SnapQ3 2026$1.7B+14%4.5%
ZM Zoom CommunicationsQ2 FY27$1.3B+5%24.6%
PINS PinterestQ3 2026$1.2B+12%2.6%

Source: Intelligent Protection Management 10-Q on SEC EDGAR · CIK 1355839 · Services-Computer Programming, Data Processing, Etc.

13F: who owns IPM and who is buying

Largest holders of IPM (13F)Largest holders of IPM (13F)Vanguard Group$417KVanguard Capital Management LLC$362KRenaissance Technologies LLC$79KGeode Capital Management, LLC$74KTwo Sigma Investments, LP$67KVanguard Fiduciary Trust$54KCitadel Advisors LLC$32KState Street$30KCitigroup$3KUBS Group AG$1K
Funds' net buying of IPM by quarter (13F)Funds' net buying of IPM by quarter (13F)$14K2024-09$1K2024-12−$209K2025-03$128K2025-06−$105K2025-09$128K2025-12−$40K2026-03−$78K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on IPM

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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